From the Editor
Executive Editor, Indiana Business Research Center, Kelley School of Business, Indiana University
A scant three years ago the IBRC partnered with BioCrossroads on an initiative to analyze economic, workforce and innovation data to help BioCrossroads monitor and advance Indiana’s signature life sciences strengths. Our analysis continues to confirm what many in the field, including BioCrossroads, suspected—that Indiana’s life sciences sector is one of the strongest in the nation. This holds true across many dimensions including employment, exports, FDA filings, and patent activity.
BioCrossroads has provided us with critical intelligence about new start-ups, trends they are seeing in the industry, and the nuances of what actually constitutes life sciences “industry sectors.” Together we have built a new knowledge-transfer channel that has yielded many fresh insights. In this issue of the IBR, we introduce new indexes of the life sciences industry’s productivity and profitability, making comparisons across the United States.