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Measuring the Effectiveness of State R&D Tax Credits Two weeks
ago, Idaho Gov. C.L. "Butch" Otter vetoed legislation to repeal state R&D income tax
credits for Idaho companies. Among his reasons for the veto, Gov. Otter claimed removing the
credits would put Idaho at a competitive disadvantage because surrounding states over similar
incentives. Was he right? It is true most states offer R&D tax credits to their corporate
residents at this point. Little has been known about the credits' impacts or effectiveness on
recruitment, however. Most of the academic research on the topic has focused on the federal
R&D tax credits and competition among nations. On the state level, in theory at least,
a rationally acting, research-intensive firm can be expected to select a location within a state
that has an R&D tax credit over another state without one - all other things being equal.
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Source: SSTI Weekly Digest
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H.P. reports big advance in memory chip design Hewlett-Packard scientists
reported Wednesday in the science journal Nature that they have designed a simple circuit element
that they believe will make it possible to build tiny powerful computers that could imitate biological
functions. R. Stanley Williams, Hewlett-Packard's director of the quantum science research group,
and his team designed a circuit element that may make it possible to build tiny powerful computers.
The device, called a memristor, would be used to build extremely dense computer memory chips
that use far less power than today's DRAM memory chips. Manufacturers of today's chips are
rapidly reaching the limit on how much smaller chips can be.
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Source: newyorktimes.com
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Biotech Center for Kennedy Square The vast and vacant Kennedy Square
apartment complex will come down, possibly by this summer, to make way for a $30 million to
$40 million biotechnical research center, classrooms and research space, state officials announced
last Wednesday. SUNY Upstate Medical University is taking over ownership of the property. The
research center will cover four of the site's 14 acres, and Upstate will seek proposals from private
developers to create commercial projects and student residences on the other 10 acres, Upstate
President Dr. David Smith said.
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Source: syracuse.com
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NIST and UAlbany NanoCollege sign partnership agreement U.S. Senator
Charles E. Schumer announced a landmark agreement that will create the first-ever partnership
between the federal government and University of Albany's College of Nanoscale Science and
Engineering (CNSE) that will bring federal research expertise and resources to the nanoscale
campus.
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Source: nanowerk.com
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