What does a cotton bracelet, a food tour in Washington D.C., and new kind of flooring have in common? They are products or services offered by three start-up companies whose owners started their companies with less than $150. They are also the subject of a recent article in the Wall Street Journal entitled Start-Ups on… Read more »
Economic Development
Key to Successful Innovation: Knowing How to Manage Failure
An interesting and provocative perspective on innovation from a venture capitalist as posted today at RealClearMarkets.com: Read more here
Innovative Kelley School model to offset tuition costs featured in The Economist
Dan Smith, dean of Indiana University’s Kelley School of Business, was recently featured in The Economist on innovative new approaches universities can take to help combat rising tuition costs facing students. As Dean Smith articulates, business schools are perfectly positioned to develop new ways of paying for higher education. Under his direction, the Kelley School is… Read more »
American Made: The Impact of Immigrant Entrepreneurs and Professionals on U.S. Competitiveness
Thought you may enjoy reading this. American Made: The Impact of Immigrant Entrepreneurs and Professionals on U.S. Competitiveness.
Regional Innovation Clusters (4th of a Series)
Blog Post #4: Indiana University and Indiana Life Science Cluster Our previous post has discussed Regionalism and clusters as a tool for economic development and the role of the university in the process. Through our Innovate Indiana initiative, Indiana University has played a significant role in economic development and innovation, particularly with respect to life… Read more »
Regional Innovation Clusters (3rd of a Series)
Blog Post #3: Universities and Regional Innovation Clusters The first two posts of this series discussed “regional innovation clusters” – what they are, why they are beneficial, and what makes one successful. We determined in the previous post, that the three examples of clusters that were highlighted – Colorado CleanTech, Indiana Life Sciences and the Michigan Battery… Read more »
The Phantom 15 Million
Very interesting piece on challenges associated with job growth in a global marketplace and underscoring the criticality of higher education in a fast-changing and uncertain environment. NationalJournal.com – The Phantom 15 Million
Connect with IU: Center for Economic Education
From the Center for Economic Education website: Since 1978, the IUPUI Center for Economic Education has worked to improve the economic literacy of citizens in Central Indiana. Its mission is to increase the economic understanding and decision-making skills of students by providing educators in grades K-12 with a basic understanding of economics, classroom strategies,… Read more »
Regional Innovation Clusters (2nd of a Series)
Blog Post #2: What do Regional Innovation Clusters Look Like? Previously, we discussed “Regional Innovation Clusters” and why they an important driver of economic growth. The Brookings Institute posits that “clusters generate powerful synergies in local economies by organizing, matching, and linking the key actors and assets.” The question then becomes, what characteristics are associated… Read more »
Regional Innovation Clusters (1st of a Series)
Blog Post #1: What are Regional Innovation Clusters? What does the renewable energy industry in Colorado, the battery industry in Michigan, and Indiana’s own life sciences industry all have in common? All of these are regional industry clusters, and perhaps more importantly, they are highly innovative “Regional Innovation Clusters.” A recent study by the Brookings… Read more »