From Rustbelt Holdover

to Innovation
Stronghold:
Continued Transformation of Central
Indiana’s Auto Communities Economy
 Central Indiana has started
diversification…but heavy
pockets of dependence remain
Percent of total employment in automobiles and parts

H o w a rd W ia l, B ro o kin g s In stitu te , Auto Communities & Workforce Adjustments, October 8, 2009

The Central Indiana
Vision
 The Central Indiana’s economy will
be transformed by open networks
of innovation anchored by
universities, community colleges,
cluster-supporting organizations
(like Conexus) and innovative
companies (like Enerdel).
Strategies Underway
Building Open Networks to Accelerate
Regional Innovation: Indiana WIRED
Building Clusters in Advanced
Manufacturing, Logistics, and
CleanTech Development
Redefining Higher Education’s Role in
Regional Economic Development
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Building Open Networks: WIRED

 The Indiana WIRED strategic goals

focused on (1) industry innovation, (2)
entrepreneurship, (3) workforce talent,
and (4) regional civic leadership.
 Outcomes as of 3rd Q 2009
◦ 22,133 unemployed and incumbent
workers trained
◦ 1,525 degrees or certificates earned
◦ 3,230 unemployed workers placed in
target occupations
◦ $2.1 million saved in industry cost
savings
◦ 19 business plans developed
Building Clusters in Advanced
Manufacturing, Logistics, and CleanTech
Development
Development of Ivy Tech Advanced
Manufacturing & Logistics Curricula
$416 million federal stimulus
investment in Hoosier companies and
universities to accelerating U.S.
advanced battery and electric vehicle
component industries.

Redefining Higher Education’s Role
in Regional Economic Development
 Purdue designed one of the nation’s top
university research commercialization
systems.
 Research parks in four locations throughout
the state
◦ Job Creation at the Purdue Research Park
in Lafayette
 162 companies
3,200 jobs
$54,000 average wage
 Purdue is pioneering new approaches to “link
and leverage” university assets to support
regional development.

Strategies Primed and Ready
for Federal and Philanthropic
Investment
1.Development of re-engagement
networks
2.Application of open innovation
strategies
3.Strengthening of civic leadership
networks
Our re-engagement strategy focuses
on developing pathways and
networks
Our open innovation strategies
follow a clear theory of change
Strategic doing guides open innovation
and develops networks with the capacity
to innovate…
Strengthening civic leadership
involves moving to open networks
that produce “link and leverage”
strategies
Key Barriers to Full
Implementation and Scaling of
Strategies
Ed can you add here?