The NADO Research Foundation and the Indiana Business Research Center (IBRC) hosted a webinar that took a closer look at the Innovation Index 2.0 , a new web index from StatsAmerica funded with support from the US Economic Development Administration. The Innovation Index 2.0 is a free web resource that can give economic development practitioners and regional leaders the ability to assess their region’s economic strengths and challenges and also provide valuable data that can utilized when writing a Comprehensive Economic Development Strategy (CEDS) or other regional economic development plans.
The Innovation Index 2.0 expands on a previous index by adding more than 50 new measures. Data are shown at the county level and can be aggregated to a regional level based on the user’s needs. Data and analysis can inform stakeholders’ collective action toward a common vision and can guide complex decision-making at the regional level by identifying a region’s capabilities, shortfalls, and potential.
A nationwide mapping widget allows the user to see every county or region in a heat map style – even allowing the user to select a county or region as the “comparison point” against which all other counties are then measured. The user can compare a county or region side-by-side with other, similar geographic units and capture the data in a spreadsheet or pdf. The index values and ranks can be downloaded by county, MSA, and Economic Development District.
Click here to download the presentation slides (PDF)
Click here to access the Innovation Index 2.0
The webinar recording had slight technical difficulties and is posted here in two sections with a small window of the presentation missing. Thank you for your understanding.
- Brett Schwartz, Program Manager, NADO Research Foundation
- Ryan Smith, Program Analyst, US Economic Development Administration
- Carol Rogers, Deputy Director and CIO, Indiana Business Research Center, Kelley School of Business at Indiana University
- Timothy Slaper, Director of Economic Analysis, Indiana Business Research Center, Kelley School of Business at Indiana University
Contact Brett Schwartz at [email protected] with any questions.
This webinar is presented through NADO’s Stronger CEDS, Stronger Regions program, funded through a generous grant from the US Economic Development Administration.