3/5/2009 10:02:00 AM By E.J. Reedy

The C2ER or Council for Community and Economic Research is a group which has been around since the 1960s but whom I've only become connected to in the last several months.  They are holding their annual conference in Kansas City with a focus on entrepreneurship and naturally that means that we will be cooperating on a couple of projects.  All of that is a long way of saying, I've only recently been added to their email chain but I have to say I have been impressed.  Just this week, they sent out the following email which highlights their leadership in trying to address critical data needs at the state level.  I know that BEA has some hard budget choices to make but I can't believe that they are cutting a lot of these indicators on manufacturing by state and other investments.  More broadly, C2ER's work shows just how important it can be to comment and provide feedback to these seemingly trivial topics.  

BEA issued its final rule early last week regarding the BE-15, survey of foreign direct investment in the U.S. http://edocket.access.gpo.gov/2009/pdf/E9-3705.pdf.  The C2ER State Chapter was one of the commenting entities, providing its input last fall.  C2ER coordinated comments from other stakeholders as well.
 

“One comment addressed the proposed deletion of an item that collects data on the number of employees engaged in research and development. The commenter highlighted the important uses of these data and urged BEA to retain the item. In response, BEA has decided to retain this item, which does not greatly add to the cost of conducting the survey and processing the results. The other three comments urged BEA to retain state-level data on manufacturing employees, gross property, plant, and equipment, and commercial property, citing the uses of these data in connection with tracking and analyzing foreign investment in individual states, planning international trade missions and economic development activities, and justifying funding for state investment promotion programs. BEA recognizes the utility and importance of these data items, but due to resource constraints, it is unable to reinstate these items at this time.” 

3/2/2009 3:20:00 AM By E.J. Reedy

Immigration presents a lot difficulties for national statistical offices and the production of meaningful data because it typically involves the movement of people into or out of their jurisdictional boundaries.  Today we released a report based on a survey performed by Duke University looking at immigrants to the United States who had since returned to their home countries, with a particular focus on China and India.  The large sample of these immigrants and unique method of using LinkedIn are sure to produce copycat techniques moving forward.  

Another study we released a couple of weeks ago had a surprisingly important component on immigrants - an entrepreneurial impact assessment of the Massachussetts Institute of Technology (MIT).  Here, non-native students to MIT were found to have produced large economic returns for Massachussetts and the world in the companies which they went on to found.  It was clear that the import of talent in the case of MIT had been an economic development boom for the state and the nation.  

Lastly, the OECD recently produced what I thought was a really smart document, summarizing what we know about the global competition for talent.  It's worth checking out if you have an interest in this area. 


2/24/2009 10:32:00 AM By E.J. Reedy

An article and an op-ed from today's New York Times that were seemingly unrelated got me thinking.  The first article was on Dr. Larry Brilliant's change in direction at Google.org (their philanthropic effort).  The op-ed by Kenneth Duberstein focused in on the need for a centralized state of the union in data that he proposes be run out of the National Academies. 

While these are seemingly very different topics, I see a great deal of possible relation.  The State of the U.S.A. project has been percolating for the last year, that I know of, in many Washington, DC, circles.  While I think there are many things that make sense about the project as I understand it - timely, relevant data - I am concerned about the ability of the National Academies to find means in which they can reach the people of the United States, not just the policy wonks and data-obsessed.  That is where my mind jumped to Google and some of the amazing things they have done in the last year with Google Flu Trends, and I began hoping the Google might somehow launch down the path of helping countries to set up their own Google Country Trends-type of platform.  Real-time data, drawn from other people's series as well as Google data, that countries could help to define and Google would help to bring to the people.  At the heart of what Dr. Brilliant's article said was that Google was trying to find ways to bring its philanthropic efforts back inside the house and relevant to their business work.

While I am on the subject, I have some concerns about whether having a State of the U.S.A. will actually give us the detail needed to make decisions.  So many of these decisions are made at the state and local level, but much of the data which the State of the U.S.A. would inevitably use would not be available at the sub-national level.  It's a real problem for many of our data series, one that I've particularly learned about from Andy Reamer at the Brookings Institution's Metropolitan Policy Program.  There is little doubt that the National Academies brings the best in the country together in a non-partisan way (Connie Citro does amazing work with the Committee on National Statistics), but Google, or their type of real-time data interface, is something that I doubt the National Academies could achieve, at least unaided.  


1/14/2009 1:29:00 AM By E.J. Reedy

Federal Reserve Governor Randall Kroszner is leaving his post at the end of the January to return to academia at the University of Chicago.  Kroszner has been a champion of data infrastructure and was the keynote speaker at the National Academies release of the Understanding Business Dynamics report in 2007.  The only blemish in data at the Fed during Kroszner's tenure as a governor, although he was not directly responsible for the project, was the cancellation of the Survey of Small Business Finance.  

http://www.google.com/hostednews/ap/article/ALeqM5hcZ2lOOVUSqolsfRGhRXAVpcIJlAD95LP8PO2


 Previous  1 - 2 - 3 - 4 Next

 
Developing better data is part of Kauffman's long-term strategy for advancing better research and policy on entrepreneurship and innovation. Data Maven is place you can connect with new data developments, provide us feedback on possible new projects, and contribute to the community seeking to improve entrepreneurship and innovation measurement.
E.J. Reedy is a manager in Research and Policy at the Kauffman Foundation. Learn more ...

Kauffman Data Symposiums

Subscribe via a feed reader
 To receive updates via email,
 enter your email address:

Delivered by FeedBurner