Innovation Index 
Mississippi Technology Alliance
 

DEFINITIONS AND SOURCES

 

Wealth Creation

Per Capita Income Compared to Neighboring States

Per Capita Income

Definition

Per Capita Income is calculated as the Personal Income of residents of the state in a calendar year divided by the population of the state, as of July 1 of the referenced year.  Personal Income is the sum of wage and salary disbursements, other labor income, proprietor’s income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustments, personal dividend income, personal interest income, and transfer payments to persons, less personal contributions for social insurance.  It does not include the wages and salaries of foreign residents who work in the state or of residents temporarily working abroad.

 

Source

The Bureau of Economic Analysis, Regional Accounts Data   

 

http://www.bea.gov/regional/spi

 

Select:

1.  SA1-3, SA51-52—Summary personal income and disposable personal income

2.  Per Capita Personal Income and years to search

3.  Click Download, Open, yes

4.  Save spreadsheet in an excel format and print same

 

 

Average Annual Wage, High Tech and Manufacturing Wages

Average Annual Wage

Definition

Average Annual Wage is calculated by dividing total wage and salary disbursements by the number of wage and salary jobs.  The Bureau of Economic Analysis local area estimates are measures of the average annual number of full-time and part-time jobs in each area on a place-of-work basis.  All jobs for which wages and salaries are paid are counted.  Jury and witness service and paid employment of prisoners are not counted as wage and salary employment.  Corporate directorships are counted not as wage and salary employment but as self-employment.  The ratio of part-time to full-time employment or the ratio of high-paying jobs to low-paying jobs can affect the average annual pay for a state.

 

NOTE:  All state and local area dollar estimates are in current dollars (not adjusted for inflation).

  

Source

Average Wage:  The Bureau of Economic Analysis, State Economic Profiles

 

http://www.bea.gov/regional/spi

 

Select:

1.  Income and employment summary

2.  SA04 current series (1958-2007)  (information needed is “Average Earnings per job”)

3.  US and MS and years

4.  Click Download, Open, yes

5.  Save spreadsheet in an excel format and print same

6.  Repeat this procedure for the following:

  a.  SA30—State economic profiles

  b.  SA35—Personal current transfers detail; SA35 current series (1958-2007)

  c.  SA45—Farm income and expenses
  d.  SA50—Personal current taxes; SA50 current series (1958-2007)

 

 

 

Average High Tech Wage

Definition

Annual high tech wages was initially calculated using the list of industry Standard Industrial Codes (SIC) originally compiled by Daniel Hecker, an economist in the Office of Employment Projections, Bureau of Labor Statistics. The list is published in “High-technology employment: a broader view”, Monthly Labor Review, June 1999. The list of SIC codes was converted by the Department of Commerce to the new NAICS coding system and published in “The Dynamics of Technology-Based Economic Development: State Science and Technology Indicators. Third Edition, April, 2003, Table 1, Page 1-4. The complete listing of NAICS industry codes for R&D and Technology Oriented industries is shown in the High Tech Employment section of the Sources document.

 

NOTE:  For information on confidentially protection, sampling error, nonsampling error, and definitions, see Survey Methodology.  For information on the ASM industry groupings, see Comparability.  Data in this table represent those available when this report was created.  Data may not be available for all NAICS industries or geographies.

 

Source

High Tech Wage:  U.S. Bureau of Labor Statistics

http://data.bls.gov/PDQ/outside.jsp?survey=en

 

http://www.census.gov/epcd/www/naics.html For more NAICS code information.

 

 

 

Average Manufacturing Wage

Definition

Average Manufacturing Wage is total state manufacturing Payroll divided by Employees for All Employees (production and non-production) for the year indicated.

 

Source

Manufacturing Wage:  U.S. Bureau of the Census Annual Survey of Manufactures

http://www.census.gov/mcd/asm-as3.html

 

1.  Select the previous year for verification and the current year

2.  Save and print

 

Source

Manufacturing Wage:  U.S. Bureau of the Census Annual Survey of Manufactures

http://www.census.gov/mcd/asmhome.html

 

1.  Select NEW DATA on AFF: 2006 Annual Survey of Manufactures

2.  Select ASM: GAS: Stats for All Mfg by State: 2006

3.  Save and print

 

 

 

MS High Tech Employment Compared to Neighboring States

Employment in High Tech Industries

Definition

Annual high tech employment was initially calculated using the list of industry Standard Industrial Codes (SIC) originally compiled by Daniel Hecker, an economist in the Office of Employment Projections, Bureau of Labor Statistics. The list is published in “High-technology employment: a broader view”, Monthly Labor Review, June 1999. The list of SIC codes was converted by the Department of Commerce to the new NAICS coding system and published in “The Dynamics of Technology-Based Economic Development: State Science and Technology Indicators. Third Edition, April, 2003, Table 1, Page 1-4. 

 

R&D and Technology-Oriented Employment

NAICS Code Description of Industry

(Department of Commerce Dynamics of Tech-based ED)

 

32411          Petroleum Refineries

3251            Basic Chemical Manufacturing

3252            Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing

3253            Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing

3254            Pharmaceutical and Medicine Manufacturing

3255            Paint, Coating, and Adhesive Manufacturing

3256            Soap, Cleaning Compound, and Toilet Preparation Manufacturing

3259            Other Chemical Product and Preparation Manufacturing

332992       Ordnance & Accessories Manufacturing - Small Arms Ammunition Manufacturing

332993       Ordnance & Accessories Manufacturing - Ammunition (except Small Arms) Manufacturing

332994       Ordnance & Accessories Manufacturing - Small Arms Manufacturing

332995       Ordnance & Accessories Manufacturing - Other Ordnance and Accessories Manufacturing

3331            Agriculture, Construction, and Mining Machinery Manufacturing

3332            Industrial Machinery Manufacturing

3333            Commercial and Service Industry Machinery Manufacturing

3336            Engine, Turbine, and Power Transmission Equipment Manufacturing

3339            Other General Purpose Machinery Manufacturing

3341            Computer and Peripheral Equipment Manufacturing

3342            Communications Equipment Manufacturing

3343            Audio and Video Equipment Manufacturing

3344            Semiconductor and Other Electronic Component Manufacturing

3345            Navigational, Measuring, Electromedical, and Control Instruments Manufacturing

3346            Manufacturing and Reproducing Magnetic and Optical Media

3353            Electrical Equipment Manufacturing

33599          All Other Electrical Equipment and Component Manufacturing

3361            Motor Vehicle Manufacturing

3362            Motor Vehicle Body and Trailer Manufacturing

3363            Motor Vehicle Parts Manufacturing

3364            Aerospace Product and Parts Manufacturing

3391            Medical Equipment and Supplies Manufacturing

5112            Software Publishers

514191       On-Line Information Services

5142            Data Processing Services

5413            Architectural, Engineering, and Related Services

5415            Computer Systems Design and Related Services

5416            Management, Scientific, and Technical Consulting Services

5417            Scientific Research and Development Services

6117            Educational Support Services

811212       Computer and Office Machine Repair and Maintenance

Source

NAICS codes:  U.S. Bureau of Labor Statistics

http://data.bls.gov/PDQ/outside.jsp?survey=en

 

 

 

MS High Tech Wages Compared to Neighboring States and SE Average

See Employment in High Tech Industries above.

 

 

Statewide Research Capacity

R&D Expenditures per Capita Compared to Neighboring States and Southeastern Average

Total R&D Expenditures

Definition

Total R&D Expenditures is the total of all basic research, applied research and development performed by federal government, academic, private industry, nonprofit organizations and federally funded research and development centers.  The source of these funds may be federal government, nonfederal government, industry, academia, and nonprofit organizations.

 

Total R&D Expenditures per $1000 Gross State Product (GSP), one of the Innovation Goals, is calculated by dividing the total amount spend on research and development by the state’s GSP in the corresponding year. Data shown are in 1,000’s.

 

R&D Expenditures per Capita is calculated by dividing Total R&D Expenditures by the state’s Population.

 

Note:  Beginning with the 2001 survey cycle the National Science Foundation began to employ a more sophisticated method of estimating the industry R&D by state. The new method has been used to re-estimate and revise the state industrial R&D data for the years 1998-2000.

 

Briefly, here is what changed: Because NSF uses a sample survey, some company responses are weighted up to represent the R&D of all the companies that were not sampled. Prior to the 2001 survey cycle, the entire weighted R&D of company X was reported in company X's state. This resulted in unstable estimates for the smaller states where the weighted amounts could be substantial relative to the R&D of certainty cases (generally larger companies with weights of 1). Beginning in 2001 NSF reports the unweighted R&D of company X in company X's state, and the weighted amount gets "raked" across all states based on the size of the company's industry in the state (for this survey, size is measured by payroll).

 

Example: Computer Company X in Mississippi reports $1,000,000 R&D and has a weight of 100. Before 2001, $100 million would be reported in Mississippi. Since 2001, $1 million PLUS ($99 million TIMES the percentage of total U.S. Computer industry payroll accounted for by Mississippi). So if half of the nation's computer industry payroll was in Miss., then company X would contribute $50.5 million to the Mississippi R&D estimate.

 

Sources

Data were derived from National Science Foundation, Division of Science Resources Statistics (NSF/SRS), Survey of Industrial Research and Development, 2005; NSF/SRS, Survey of Research and Development Expenditures at Universities and Colleges: FY 2005; and NSF/SRS, Survey of Federal Funds for Research and Development: FY 2005-2007. 

http://www.nsf.gov/statistics/natlpatterns/

1.  Choose 2006 or current year 

2.  Choose Data Tables

3.  Choose the most current year under “by state, sector, and source of funds”

 

 

 

Population: Bureau of Economic Analysis, Regional Accounts Data

http://www.bea.gov/regional/spi

Select:

1.  Summary personal income estimates

2.  Population and years

 

 

Federal, University, Industry R&D Expenditures

See Total R&D Expenditures above.

 

Sources of Federal R&D Dollars in Mississippi

Total Federal R&D Obligations

Definition

Federal R&D Obligations are the amounts of federal government money obligated for orders placed, contracts awarded, services received and similar transactions directed to a state during a given period of time, regardless of when the funds are appropriated and when future payment of money is required. 

 

Source

National Science Foundation/Division of Science Resources Statistics, Survey of Federal Funds for Research and Development: FY 2005, 2006, and 2007.

 

http://www.nsf.gov/statistics/fedfunds/

1.  Choose 2006 or the most current year 

2.  Choose Data Tables

3.  Choose “R&D” under “Geographic distribution of obligations for selected agencies” and under “by state and other locations and agency”

 

Notes

1.  Includes costs associated with administration of intramural and extramural programs by federal personnel and actual intramural performance.

2.  Beginning with volume 44 (FY 1994–96), Department of Defense (DOD) development obligations are reported in two categories: advanced technology and major systems. Geographic data for these categories are not reported; therefore, this table shows only total development.

3.  Only 11 agencies are required to report data for this section of survey: Departments of Agriculture, Commerce, Defense, Energy, Health and Human Services, Homeland Security, the Interior, and Transportation; Environmental Protection Agency; National Aeronautics and Space Administration; and National Science Foundation. Obligations of these 11 agencies represented 98% of total federal R&D obligations in FY 2005. Only those states and/or areas which data are non-zero are listed in this table. Geographic distribution of DOD development funding to industry reflects of only prime contractors and not numerous subcontractors who perform much of the R&D.

 

 

 

University R&D

University Patents per $10M R&D Expenditure Compared to Neighboring States

University R&D Expenditures

Definition

University R&D Expenditures include the total spent for the performance of basic research, applied research and development by doctoral granting institutions using funds from all sources.  Data shown are in 1,000’s.

 

Source

Data were derived from National Science Foundation, Division of Science Resources Statistics (NSF/SRS), Survey of Industrial Research and Development, 2005; NSF/SRS, Survey of Research and Development Expenditures at Universities and Colleges: FY 2005; and NSF/SRS, Survey of Federal Funds for Research and Development: FY 2005-2007.

http://www.nsf.gov/statistics/natlpatterns/

1.  Choose 2006 or the most current year 

2.  Choose Data Tables

3.  Choose the most current year under “by state, sector, and source of funds”

 

 

University Patents

Definition

University Patents is the number of patents granted with a Mississippi university as assignee or co-assignee.  Patent origin for universities is determined by the residence of the first-named inventor listed on the patent grant.

 

Source

The U.S. Patent and Trademark Office, Information Products Division, Technology Assessment and Forecast (TAF) Branch

http://www.uspto.gov/web/offices/ac/ido/oeip/taf/asgstc/regions.htm

1.  Choose State

 

 

 

University R&D Expenditures Compared to Southeastern Average

See University R&D Expenditures above.

 

Royalties

University Patents and Royalties

Definition

Patents and royalties from patents and licenses include utility patents (all types) issued to universities, and compares that number to royalties received from the sale or license of these technologies for commercial use

 

Sources

Chuck Rivenburgh and/or Donna Collier at Mississippi State

 

The Association of University Technical Managers (AUTM) Licensing Survey. 

1.  Go to www.autm.net.

2.  Move cursor over “Surveys and Publications” at the top

3.  Click on “Licensing Surveys – AUTM”

4.  Choose most recent year

5.  Click on option OTHER THAN to download; by choosing this option, the document opens without cost

 

 

 

Note: All Mississippi universities and colleges did not participate in this survey for the years reported here. In future years, these institutions have committed to providing data via the AUTM survey instrument.

 

Total University Patents (USPTO)

See University Patents above.

 

Source

U.S. Patent and Trademark Office                                                                                                                                                                                                                                      

Office of Electronic Information Products - PTMD                                                                                                                                                                                                                 

U. S. Colleges and Universities - Utility Patent Grants - Utility Patents Assigned to U. S. Colleges and Universities                                                                                                                                                                                                                   

Total Number of U. S. Owned Utility Patents Granted to Universities                                                                                                                                                                                                                      

http://www.uspto.gov                                                                                                                                                          

 

 

Patents Issued to Mississippi Assignees & Co-assignees

Not updated for 2008

 

 

Mississippi Total University Patents Compared to Southeast Average

See University Patents above.

 

Science and Engineering Faculty

Science and Engineering Faculty

Definition

Science and Engineering Faculty is the number of science and engineering faculty working in Mississippi public universities and colleges.  Science and engineering disciplines are derived using a definition of the fields of science and engineering provided by the National Science Foundation, mapped to the National Center for Education Statistic’s classification of instructional programs  The number of faculty in each of these classifications is included in the total.

 

Source

Faculty data are provided by the Office of Research and Planning, Mississippi Institutions of Higher Learning.  Science and Engineering Academic Disciplines were identified using the Crosswalk between National Science Foundation Fields of Science and Engineering and the National Center for Education Statistics (NCES) Classification of Instructional Programs.

 

 

Science and engineering disciplines: The National Science Foundation definition of science and engineering fields defined in the National Science Foundation Survey of Research and Development Expenditures at Universities and Colleges.  Crosswalk Between NSF Fields of Science & Engineering and the National Center for Education Statistics (NCES) Classification of Instructional Programs.

 

Science and Engineering Faculty per Capita

See Science and Engineering Faculty above.

 

Source

The Bureau of Economic Analysis, Regional Accounts Data   

http://www.bea.gov/regional/spi

Select:

1.  SA1-3, SA51-52—Summary personal income and disposable personal income

2.  Population and years to search

3.  Click Download, Open, yes

4.  Save spreadsheet in an excel format and print same

 

 

 

Business R&D

SBIR Awards in Mississippi

Small Business Innovation and Research Awards (SBIR)

Definition

The federal government reserves a specific percentage of funds to support research and development by small businesses.  The SBIR program was enacted by the U.S. Congress in 1982 as part of the Small Business Innovation Development Act.

 

The Mississippi Federal and State Technology Partnership Program (MS-FAST) was established with funding in part from the U.S. Small Business Administration.  The University of Southern Mississippi is the lead institution responsible for the program on the behalf of the Mississippi Research Consortium (Jackson State University, Mississippi State University, University of Southern Mississippi, University of Mississippi, and the University of Mississippi Medical Center), and their partner, Mississippi Technology Alliance.  The aim of MS-FAST is to provide encouragement and assistance to Mississippi’s small high-tech businesses to participate in the federally funded SBIR programs and the commercialization of technologies developed by businesses as a result of these programs. 

 

Source

SBIR and MS-FAST:  Joe Graben, SBIR Program Director, University of Southern Mississippi. Joe Graben can be contacted at (228) 688-2280 or Joseph.Graben-1@nasa.gov.

 

 

US SBIR Awards:  Small Business Administration

http://tech-net.sba.gov/tech-net/public/dsp_search.cfm

Select:

1.  “(any state)”

2.  Enter 4-Digit Phase Year Range

3.  Check “Either Phase”

4.  Check “SBIR Only”

5.  Leave everything else the way it is and scroll to the bottom

6.  Click “Search Using These Criteria”

7.  Print and save

8.  Import into Excel spreadsheet to use functions to calculate information

 

 

Tax Credits for R&D

Mississippi R&D Tax Credits Taken

Definition

In 2000, Mississippi increased the state tax credit of $500 available for jobs with R&D related skills (chemists, engineers, etc.) to $1,000.  The additional credits are taken each year for five years for each net new job created.  Information is collected as tax credits are taken.

 

Source

Special report by the Mississippi State Tax Commission.

Mississippi State Tax Commission, http://www.mstc.state.ms.us/.

Data source: Terry Smith, Mississippi State Tax Commission, TSMITH@mstc.state.ms.us, (601) 923-7003 or Jan Craig, Mississippi State Tax Commission, JCRAIG@mstc.state.ms.us, (601) 923-7005

 

 

Industry Patents per $10M R&D Expenditures

 

Industry Patents

Definition

Industry Patents is the number of patents granted with a Mississippi company as assignee or co-assignee.  Patent origin for industry is determined by the residence of the first-named inventor listed on the patent grant.

 

Source

Industry Patents:  The U.S. Patent and Trademark Office, Information Products Division, Technology Assessment and Forecast (TAF) Branch at

http://www.uspto.gov/web/offices/ac/ido/oeip/taf/asgstc/regions.htm

 

 

Business R&D Expenditures

Definition

Business R&D Expenditures is the amount of research and development expenditures on activities performed by all non-farm industries.  R&D expenditures are the total of basic research, applied research, and development.  The sources of funding can be from government, academia, non-profit organizations or industry.  The level of level of expenditures is compared with the number of patents issued to industry as a way of gauging research productivity.

 

Source

National Science Foundation

http://www.nsf.gov/statistics/industry/

1.  Choose most recent year

2.  Choose Source Data: Excel File under “R&D Performance by State”

 

 

 

Industrial, University and Federal R&D – Five Year Trend

Source

Data were derived from National Science Foundation, Division of Science Resources Statistics (NSF/SRS), Survey of Industrial Research and Development, 2005; NSF/SRS, Survey of Research and Development Expenditures at Universities and Colleges: FY 2005; and NSF/SRS, Survey of Federal Funds for Research and Development: FY 2005-2007. 

http://www.nsf.gov/statistics/natlpatterns/

1.  Choose the most current year 

2.  Choose Data Tables

3.  Choose the most current year under “by state, sector, and source of funds”

 

 

 

Industrial, University and Federal R&D – Percentage Comparison

See Industrial, University and Federal R&D – Five Year Trend above.

 

 

Tech Business R&D

Technology Company Births and Deaths

Technology Company Start-Ups

Definition

Technology Company Start-Ups is the number of technology intensive companies “births” in Mississippi for the years indicated, contrasted with company “deaths” for the same year in the same categories. The ratio of births to deaths indicates the overall amount of start-up activity in the state. 

 

Source

Mississippi company births and deaths: Special report by the Mississippi Employment Security Commission, Business Births and Deaths By Industry Group, 9/11/2001, 10/02/2002 and 04/21/2003.

 

Mary Willoughby (601) 321-6000; mwilloughby@mdes.ms.gov

 

 

Gazelle Firms

Gazelle Firms

Definition

Gazelles are those firms that at least double in size over a four-year period, a compound growth rate of 20% per year for four years, from a starting base of $100,000 annual revenue.  Although most Gazelles are small to middle sized (half have less than 20 employees), the few larger Gazelles employ relatively more people than their counterparts in the U.S. Economy as a whole.  Nearly 60% of all Gazelles operate in the Wholesale and Retail Trade and Services sectors.  Only 10% are manufacturing (Cognetics, 2001). 

 

 

FIRE               Finance, insurance and real estate (SIC codes 6011-6799)

Mining             Mining industry (SIC codes 1011-1499)

Retail Trade       Retail Trade Industry (SIC codes 5211-5999)

Wholesale Trade    Wholesale Trade Industry (SIC codes 5012-5199)

Trade              Retail plus Wholesale Trade

Manufacturing      Manufacturing Industry (SIC codes 2011-3999)

Service            Service Industry (SIC codes 7011-8111, 8243-8399, 8611,

                   8711-8748, 8999)

Other              Other Industry (SIC codes 0111-1799,4011-4231, 4412-4999)

 

Source

David Birch, Anne Haggerty, and William Parsons of Cognetics, Inc. collect and publish data on Gazelles each year in the Corporate Almanac. This publication is available for purchase by contacting Cognetics, Inc. 

 

THIS SOURCE NO LONGER EXISTS AND INFORMATION WAS NOT UPDATED FOR 2008

 

Gazelles Compared to Neighboring States

See “Gazelle Firms” above.

 

IPO’s in Mississippi

Mississippi IPO’s

Definition

An initial public offering (IPO) refers to a company’s first sale of stock to the public.  The Securities and Exchange Commission administers this process. The final offering amount is the total value of the stock issued.  Typically, it is a young company that offers stock.  But, well-established firms do “go public” after being privately held for many years. 

 

Source

http://www.ipohome.com/ipohome/press/MediaRoom.aspx

1.  At the bottom of the page, you will see a drop down menu, “IPO’s Near You”

2.  Choose desired State and click “go”

 

 

 

Technology Incubator Tenants and Graduates

Technology Incubators

Definition

Technology Incubators in Mississippi include the Mississippi Enterprise for Technology at Stennis Space Center (established 1994), the Golden Triangle Enterprise Center in Starkville (established 1996), the Oxford Enterprise center in Oxford (established 2001), the Technology Innovation center in Jackson (established 2001) and The Pearl(established 2004).  In contrast to general-purpose incubators, these facilities specifically target the needs of technology companies.  Each incubator provides business development services to client companies to support their growth.  Companies “graduate” when criteria such as number of employees or annual sales levels are reached.

 

Source

MSET (MS Enterprise for Technology) – Charles E. Beasley: Charles.E.Beasley@nasa.gov (assistants: Pamela.S.Street@nasa.gov and Belinda.N.Gill@nasa.gov)

 

North MS Enterprise Initiative – Holly Kelly: holly@northmiss.org

 

GTEC (Golden Triangle Enterprise Ctr.) – INACTIVE – Latonya Hardin: lhardin@starkville.org

 

MTA Innovation Center – De Anna Adams:

 

The Pearl – INACTIVE

 

Business Launchpoint – Andrew Murff: businesslaunchpoint@gmail.com

 

Noetic Technologies – Kelli Booth: kelli.booth@noetictechnologies.com

 

 

 

Technology Incubator Employees

See Technology Incubators” above.

 

Main Source is: MSET (MS Enterprise for Technology) – Charles E. Beasley: Charles.E.Beasley@nasa.gov (assistants: Pamela.S.Street@nasa.gov and Belinda.N.Gill@nasa.gov)

 

Industrial Productivity

Value Added per Manufacturing Employee Compared to Neighboring States

Value Added Per Manufacturing Employee

Definition

Value added per manufacturing employee is a ratio of total “value added” in manufacturing and the total number of manufacturing employees.  Value added in manufacturing is the dollar value of manufacturing output minus the value of materials and other intermediate inputs.  Value added per manufacturing employee is calculated by dividing the total amount of value added by manufactures by all employees. Industry data are calculated at the three-digit NAICS code level, and show industry sectors’ change 1999-2000.

 

Value Added per Manufacturing Employee is an indicator of the productivity of labor and capital.  High values suggest the presence of firms with higher productivity, manufacturing firms that are capital intensive, or a workforce that is highly skilled.  Higher manufacturing productivity is associated with above average manufacturing wages.

 

Source

The U.S. Bureau of the Census in the Annual Survey of Manufactures available at http://www.census.gov/mcd/asm-as3.html.

 

 

Value Added per Manufacturing Employee per Industry Percent Change by Year

See “Value Added Per Manufacturing Employee” above.

 

Percentage of MS Manufacturers ISO Certified

ISO 9000 Certified Manufacturers

Definition

The International Organization for Standardization (ISO) is a network of national standards institutes from 140 countries working in partnership with international organizations, governments, industries, businesses and consumer representatives.  In 1987, the ISO published a series of quality systems standards.  ISO 9000 is concerned with “quality management.”  Firms that have been certified ISO 9000 compliant have passed a series of rigorous tests to establish quality management systems and processes.  ISO 9000 has become an international reference for quality requirements in business-to-business dealings.  Many firms require that suppliers comply with ISO 9000 standards to ensure that products received will consistently meet their customer requirements.

 

Source

MDA manufacturers survey, Mary Ann Myers: mmyers@mississippi.org

# certified / total / % certified 

 

Average Wage per Cluster per Year

Cluster Development

Definition

A Cluster is a group of interconnected companies and associated organizations in a particular field.  Clusters go beyond a single industry.  A cluster includes products or services companies; suppliers of specialized inputs; related industries; infrastructure providers; and government, academic and other institutions.

 

Mississippi focuses cluster development efforts in four areas:  Automotive, Communications and Information Technology, Plastics and Polymers, and Wood Products and Furniture.

 

Automotive Related SIC Codes

SIC Code      Industry

2273               Carpets and rugs

2299               Textile goods, nec

2396               Automotive and apparel trimmings

2531               Public building and related furniture

2599               Furniture and fixtures

2851               Paints, varnishes, lacquers, enamels, etc.

2891               Adhesives and sealants

3011               Tires and inner tubes

3052               Rubber and plastic hose and belting

3061               Mechanical rubber goods

3069               Fabricated rubber products, nec

3081               Unsupported plastics film and sheet

3082               Unsupported plastics profile shapes

3083               Laminated plastics plate and sheet

3084               Plastics pipe

3085               Plastics bottles

3086               Plastics foam products

3087               Custom compound purchased resins

3088               Plastics plumbing fixtures

3089              Plastics products, nec

3231              Glass products

3465               Automotive stampings

3493               Steel springs, except wire

3519               Internal combustion engines, nec

3585               Refrigeration and heating equipment

3592               Carburetors, pistons, rings, valves

3651               Household audio and video equipment

3694               Engine electrical equipment

3711               Motor vehicles and car bodies

3713               Truck and bus bodies

3714               Motor vehicle parts and accessories

3715               Truck trailers

 

Communications and Information Technology (CIT) SIC Codes

SIC Code      Industry

2299               Textile goods, nec

2517               Wood TV and radio cabinets

3299               Nonmetallic mineral products, nec

3325               Steel foundries, nec

3351               Copper rolling and drawing

3356               Nonferrous rolling and drawing

3365               Aluminum foundries

3463               Nonferrous forgings

3469               Metal stampings, nec

3471               Plating and polishing

3568               Power transmission equipment, nec

3571               Electronic computers

3572               Computer storage devices

3575               Computer terminals

3577               Computer peripheral equipment

3578               Calculating and accounting equipment

3613               Switchgear and switchboard apparatus

3629               Electrical industrial apparatus

3643               Current-carrying wiring devices

3644               Noncurrent-carrying wiring devices

3651               Household audio and video equipment

3652               Prerecorded records and tapes

3661               Telephone and telegraph apparatus

3663               Radio and TV communications equipment

3669               Communications equipment, nec

3671               Electron tubes

3672               Printed circuit boards

3674               Semiconductors and related devices

3676               Electronic resistors

3677               Electronic coils and transformers

3678               Electronic connectors

3679               Electronic components

3691               Storage batteries

3695               Magnetic and optical recording

3699               Electrical equipment and supplies

3761               Guided missiles and space vehicles

3810               Search and navigation equipment

3825               Instruments to measure electricity

3826               Analytical instruments

3827               Optical instruments and lenses

3829               Measuring and controlling devices

4812               Radiotelephone communications

4813               Telephone communications, exc.

4820               Telegraph and other communications

4830               Radio and television broadcast

4890               Communication Services, NEC

4899               Communication services, nec

7313               Radio, TV, publisher representatives

7371               Computer integrated systems devices

7372               Prepackaged software

7373               Computer integrated systems devices

7374               Data processing and preparation

7375               Information retrieval services

7376               Computer facilities management

7377               Computer rental and leasing

7378               Computer maintenance and repair

7379               Computer related services, nec

7819               Services allied to motion pictures

8731               Commercial physical research

8733               Noncommercial research organization

 

 

Polymer-Plastics SIC Codes

SIC Code      Industry

2673               Bags: plastics laminated, and coated

2816               Inorganic pigments

2819               Industrial inorganic chemicals, nec.

2821               Plastics materials and resins

2822               Synthetic rubber

2824               Organic fibers, noncellulosic

2843               Surfactants

2851               Paints and varnishes (coatings)

2865               Cyclic crudes and intermediates

2869               Industrial organic chemicals, nec.

2891               Adhesives and sealants

2893               Printing ink

2895               Carbon black

2911               Petroleum refining

3011               Tires and inner tubes

3052               Rubber and plastic hose and belting

3053               Gaskets, packing and sealing devices

3061               Mechanical rubber goods

3069               Fabricated rubber products, nec

3081               Unsupported plastics film and sheet

3084               Plastics pipe

3085               Plastics bottles

3086               Plastics foam products

3087               Custom compound purchased resins

3088               Plastics plumbing fixtures

3494               Valves and pipe fittings, nec

3498               Fabricated pipe and fittings

3544               Special dies, tools, jigs and fixtures

3824               Fluid meters and counting devices

5162               Plastics materials and basic shapes

 

 

Forestry/Wood Products SIC Codes

SIC Code      Industry

2411               Logging

2426               Hardwood dimension & flooring mills

2431               Millwork

2434               Wood kitchen cabinets

2439               Structural wood members, nec.

2441               Nailed wood boxes and shook

2448               Wood pallets and skids

2449               Wood containers, nec.

2451               Mobile homes

2452               Prefabricated wood buildings

2493               Reconstituted wood products

2499               Wood products, nec.

2511               Wood household furniture

2512               Upholstered household furniture

2517               Wood TV and radio cabinets

2521               Wood office furniture

2611               Pulp mills

2621               Paper mills

2631               Paperboard mills`

2861               Gum and wood chemicals

3792               Travel trailers and campers

3931               Musical instruments

 

Source

Employment and Wages:  The U.S. Bureau of Labor Statistics, Covered Employment and Wages (SIC) at http://data.bls.gov/labjava/outside.jsp?survey=ew.

 

INDUSTRY CLUSTER INFORMATION WAS NOT UPDATED FOR 2008

 

Employment per Cluster per Year

See “Cluster Development” above.  INFORMATION WAS NOT UPDATED FOR 2008

 

Automotive-Related Industry Cluster Average Annual Wage Compared to Neighboring States

See “Cluster Development” above.  INFORMATION WAS NOT UPDATED FOR 2008

 

Automotive-Related Industry Cluster Employment Compared to Neighboring States

See “Cluster Development” above.  INFORMATION WAS NOT UPDATED FOR 2008

 

Polymer/Plastics Industry Cluster Average Annual Wage Compared to Neighboring States

See “Cluster Development” above.  INFORMATION WAS NOT UPDATED FOR 2008

 

Polymer/Plastics Industry Cluster Employment Compared to Neighboring States

See “Cluster Development” above.  INFORMATION WAS NOT UPDATED FOR 2008

 

CIT Industry Cluster Average Annual Wage Compared to Neighboring States

See “Cluster Development” above.  INFORMATION WAS NOT UPDATED FOR 2008

 

CIT Industry Cluster Average Employment Compared to Neighboring States

See “Cluster Development” above.  INFORMATION WAS NOT UPDATED FOR 2008

 

Forestry/Wood Industry Cluster Average Annual Wage Compared to Neighboring States

See “Cluster Development” above.  INFORMATION WAS NOT UPDATED FOR 2008

 

Forestry/Wood Industry Cluster Employment Compared to Neighboring States

See “Cluster Development” above.  INFORMATION WAS NOT UPDATED FOR 2008

 

Tech Workforce Development

Science and Engineering Graduates as a Percentage of Enrollment

Science and Engineering Enrollment and Graduates

Definition

Science and Engineering Enrollment and Graduates is the total number of students graduating and enrolled in science and engineering Bachelors, Masters, and Doctoral programs in Mississippi public colleges and universities for the year indicated, and recipients of technical degrees from the public community and junior colleges.

 

Science and engineering academic disciplines are derived from information provided by the National Science Foundation within the Survey of Research and Development Expenditures at Universities and Colleges: “Crosswalk between NSF Fields of Science and Engineering and the National Center for Education Statistics (NCES) Classification of Instructional Programs. http://nces.ed.gov/ 

 

Sources

Science and Engineering Enrollment and Graduates (colleges and universities):  The Office of Research and Planning, Mississippi Institutions of Higher Learning.  Jim Hood: jhood@ihl.state.ms.us

 

 

 

Scientists and Engineers in the Workforce Compared to Neighboring States

Scientists and Engineers in the Workforce

Definition

Scientists and Engineers in the Workforce is the number of science and engineering employees with doctorate degrees compared to the total number of full-time and part-time employees in the workforce.  A sample of individuals with doctorate degrees in science and engineering completes a National Science Foundation survey.  The sample size (40,000) is large enough that estimates based on the total sample should be subject to no more than moderate sampling error.  However, sampling error can be quite substantial in estimating the characteristics of rural states and small subgroups of the population.  Care should be taken when comparing trends among different states with low numbers of respondents.

Source

Science and Engineering Indicators: State Indicators: Employed S&E Doctorate Holders as Share of Workforce: 2006

National Science Foundation, Division of Science Resources Statistics, Survey of Doctorate Recipients; and Bureau of Labor Statistics, Local Area Unemployment Statistics

 

National Science Foundation, Division of Science Resources Statistics: Nirmala Kannankutty: nkannank@nsf.gov

 

 

 

Scientists and Engineers in the Workforce Compared to Southeastern Average

See “Scientists and Engineers in the Workforce Compared to Neighboring States” above.

 

Science and Engineering Technical Degrees

Technical Degrees (community colleges):  The State Board for Community and Junior Colleges.

 

Joseph Larry: jlar@sbcjc.cc.ms.us

 

 

 

Investment Capital

Venture Capital Invested in Mississippi Compared to Southeastern Average

Venture Capital Invested in Mississippi Companies

Definition

Venture Capital Invested is the total amount invested in Mississippi companies, regardless of where the investor is located, for the years indicated.  Venture capital is money provided by professionals who invest alongside management in young growing companies.  Professionally managed venture capital firms generally are private partnerships or corporations funded by private and public pension funds, endowment funds, foundations, corporations, wealthy individuals, foreign investors, and the venture capitalists themselves.  Financing is provided in exchange for equity, usually in the form of preferred stock.

 

Gross State Product: The Bureau for Economics Analysis, Regional Accounts Data - Gross State Product Data, accessed at http://www.bea.gov/regional/gsp

1.  Select NAICS (1997-2007)

2.  Select “Gross Domestic Product by State (millions of current dollars)

3.  Select US and all 12 SE States by holding down the “Ctrl” button and clicking US and all 12 States

4.  Select “All Industry total”

5.  Select years requested

6.  Select “Download CSV,” Open, yes

4.  Save spreadsheet in an excel format and print same

 

 

Venture Capital Investment:  https://www.pwcmoneytree.com/MTPublic/ns/index.jsp

1.  Select “Historical Trend Data” on the right

2.  At bottom of page, select state

3.  Check box to view as CSV

4.  Click view data

5.  Click open, print and save spreadsheet

6.  For US total, keep all fields at “all” and repeat steps 3 through 5 above

 

 

 

Venture Capital Investment:  National Science Foundation

http://www.nsf.gov/statistics/seind08/c8/c8.cfm?opt=6&selected=yes&action=map&colname=847

1. Select "Print Chapter” from right hand side of the page.  The document will pull up in .pdf format

2. Select “Science and Technology in the Economy” on the left hand side of the .pdf document

3. Save document and print the current and next page

 

 

 

 

Commercial Borrowing as % of Total Loans

Commercial Borrowing

Definition

Commercial loans and leases by the Federal Deposit Insurance Corporation (FDIC)-insured commercial banks in Mississippi are tracked as a percentage of the total loans and leases balance for the years indicated.  A percentage is used to correct for variance in the number of banking establishments operating in the state from year to year. 

 

 

 

Source

Commercial Borrowing as a percent of Total Loans and Leases published by the Federal Deposit Insurance Corporation (FDIC), in the Historical Statistics, Commercial Bank Report CB11, found at http://www2.fdic.gov/hsob/SelectRpt.asp?EntryTyp=10

1.  Select US from Geographical Area

2.  Select Table CB11: Loans and Leases

3.  Print and save

4.  Select MS from Geographical Area

5.  Repeat 2 and 3 above

 

 

SBIC Investments in Mississippi Compared to Neighboring States

Investment Capital Available

Definition

Small Business Investment Capital (SBIC) Investments:  In 1958, Congress created the SBIC program.  SBIC’s licensed by the Small Business Administration are privately owned and managed investment firms.  They are participants in a vital partnership between government and the private sector economy.  With their own capital and with funds borrowed at favorable rates through the federal government, SBIC’s provide venture capital to small independent businesses, both new and already established.  There are two types of SBICs – the original or “regular’ SBICs and SSBICs – Specialized Small Business Investment Companies.  SSBICs are specifically targeted toward the needs of have been denied the opportunity to own and operate a business because of social or economic disadvantage.  The Small Business Program Improvement Act of 1996 repealed the Section 301(d), as a result no new SSBIC licenses are being issued.  However, existing licensees continue to operate.

 

Source

SBIC investment data:  The Small Business Administration, Investment Division.  

Email John Wilmeth of SBA at john.wilmeth@sba.gov and for the years needed, request:

1.       Number of Companies financed in Mississippi and the total amount of investments;

2.       Number of Companies financed in Alabama and the total amount of investments; and

3.       Number of Companies financed in Louisiana and the total amount of investments.

 

 

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