MassTech produces the Annual Index of the Massachusetts Innovation Economy, the Commonwealth’s tool for benchmarking the status and progress of our innovation economy. Since 1997, the Index has provided users with a wealth of data and information for assessing the performance and progress of the Commonwealth’s Innovation Economy.
Innovating for Growth: A Gateway Cities Symposium
This report documented the October 2013 event, where leaders from four Gateway Cities in Massachusetts (Holyoke, Lowell, New Bedford and Worcester), were brought together at Worcester Polytechnic Institute’s Gateway Park. This full-day event focused on how each of these cities worked to grow their Innovation Economy, discussions centered around ways to promote “entrepreneurship for all,” potential challenges to each city's economic future, and ways to overcome those challenges. Captured here was the discussion between Massachusetts Governor Deval Patrick and noted entrepreneur Desh Deshpande, which focused on the power of entrepreneurship and innovation in Gateway Cities, as well as the importance of public-private partnerships.
Staying Power II: A Report Card on Manufacturing in Massachusetts
A 2012, comprehensive report on the state of manufacturing in Massachusetts, and a follow up to the 2008 research report titled Staying Power: The Future of Manufacturing in Massachusetts. These reports show the resiliency of manufacturing in Massachusetts, a sector that managed to survive with fewer than expected losses, despite an 18 month-long recession starting in late 2007.
This roadmap adopts a definition of advanced manufacturing as a process — a way of producing — that “makes extensive use of computer, high precision, and information technologies integrated with a high performance work force in a production system capable of furnishing a heterogeneous mix of products in small or large volumes with both the efficiency of mass production and the flexibility for custom manufacturing in order to respond rapidly to customer demands.”
The New England Healthcare Institute (NEHI) and the Massachusetts Technology Collaborative released a report that shows tele-ICU technology could save 350 additional lives, benefit hospitals financially, and save more than $122 million annually if broadly and effectively implemented across Massachusetts. Intensive care units (ICUs) are a vitally important component of health care in U.S. hospitals, treating six million of the sickest and oldest patients every year. The choices about how to manage ICUs carry high stakes: ICUs have both the highest mortality and the highest costs in health care, accounting for 4.1 percent of the nation’s $2.6 trillion in annual health care spending, or nearly $107 billion per year.
Working in partnership with public, private and academic sectors, MassTech crafted an international strategy for the Commonwealth to reap the benefits of cross-border collaborations. The report provides a clear, detailed blueprint for creating new jobs and stimulating economic growth through increased international trade and investment.
The Strategy reviews the state’s assets, obstacles, and competition from other states. The report affirms Massachusetts’ stature as a global leader in several areas with a world-renowned life sciences industry, world-class academic institutions and research centers, and leading clean technology and alternative energy standards. The Strategy predicates future success on increased interagency collaboration and state interaction with universities and business communities on international economic activities.
During the decade between 1998 and 2008, the Massachusetts Technology Collaborative was responsible for directing and administering the Renewable Energy Trust, a fund created by the Commonwealth to provide the Commonwealth and its electricity ratepayers with economic and environmental benefits from renewable energy. This paper describes the origins and purposes of the Trust, explains MassTech’s implementation strategies, and highlights what MassTech accomplished during the years it administered the Trust.