99 years of economic insights for Indiana

The IBR is a publication of the Indiana Business Research Center at IU's Kelley School of Business.

Executive Editor, Carol O. Rogers
Managing Editor, Brittany L. Hotchkiss

From the Editor

Executive Editor, Indiana Business Research Center, Kelley School of Business, Indiana University

Cliché: knowledge is power. New cliché: knowledge is empowerment.

Both articles presented to you in this issue focus on knowledge and education. The first looks at “knowledge production” in our universities and the spillover effects that can be seen, most notably within an hour’s drive of the institution. Indiana is shown to be uniquely situated in this regard, having its own top-tier universities and being so close to those in Chicago.

Knowledge, as measured by degree attainment, is once again shown to be empowering for those seeking to be re-employed, particularly after the latest recession—which for many didn’t end until last year when businesses began hiring again in earnest. While many of our readers likely understand deeply the empowerment of education past high school, the article provides deeper analytical insights on the duration of unemployment when one does or doesn’t advance skills that are in demand by employers.

Fair warning that there are—egads—formulas and caveats. These pages do, after all, provide research-based analysis, but in the context of things deemed important to our state.