Articles

Education, work force key hurdles to new economy:

Having recently returned to Indiana after a 15-year absence, I see a region filled with both challenges and opportunities. The Central Indiana Corporate Partnership, the organization I’ve returned to serve as president and CEO, is focused on long-term economic prosperity for our region. To this end, our people are our most valuable resource. Unfortunately, central Indiana faces a significant challenge in making our human capital match our goal of a knowledgebased, 21st-century economy. Indiana ranks 46th in the educational attainment…

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STATEHOUSE DISPATCH: Short legislative session may be eventful, for a change

We’ve all become lulled into assuming that the so-called “short” session of the Indiana General Assembly in the even-numbered years is the political equivalent of the practice of medicine: First, do no harm. In election years, lawmakers are reluctant to do much beyond that which they must do to protect public health, safety and treasury. The short session originated as a vehicle for handling emergencies arising between the odd-numbered-year budget sessions, and many legislators-particularly those seeking re-election-didn’t see much cause…

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2006: Making Indianapolis a family affair:

What’s the most pressing issue facing Indianapolis now and in the future? Depending on a pundit’s passion, answers can range from maintaining a professional sports team to supporting the cultural and arts community, from improving the quality of public schools and parks to making affordable housing available, from low taxes to a state-of-the art public mass transit system. Yet each of these areas, while they may reflect an interest group’s unwavering and at times irrational fixation, taken at face value…

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Hoosiers set to observe daylight-saving time in 2006:

Indiana lawmakers beat the clock during the waning minutes of the legislative session to narrowly adopt daylight-saving time. The DST bill passed the House by one vote, and only after failing to obtain a constitutional majority the first time it was voted upon. Gov. Mitch Daniels, a Republican who included the divisive issue in his campaign, intervened to muster more support. House Speaker Brian Bosma held the voting board open for several minutes during the second vote until Rep. Troy…

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ECONOMIC ANALYSIS Patrick Barkey: Multiplying economic gains isn’t easy as it may sound

It’s an old, but primal, oath that doctors are supposed to take before they set out into the world of medicine: “Do no harm” to the patients they serve. Perhaps a few of us in the economics profession should do the same. Because some of our ideas-or more accurately, characterizations of our ideas-may be doing more harm than good. Of course, it’s great to see ideas that come out of your own specialized area of expertise find their way into…

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Small biz preparing wish list: Lobbyists hope to repeat past legislative success

But that doesn’t mean the organization and its 16,000 Hoosier members will rest on their laurels for the short legislative session in 2006. The group will bring a full wish list to the Statehouse in January, lobbying against increased property taxes and health insurance mandates. It’ll also petition lawmakers to restrict eminent domain seizures. Still, observers don’t think the organization will have as much cause for uncorking the bubbly as it did last year. No different than last session, businessfriendly…

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New governor brings business mentality to state government:

As he took office in January, Gov. Mitch Daniels’ first order of business was just that: Apply a business mind-set to state government. That meant efforts to improve the efficiency and cooperation of state agen- Envisioned by Republicans as a publicprivate partnership, IEDC swallowed and replaced more than half a dozen boards and agencies such as the Indiana Depart cies. It also meant key changes to economic development. The creation of the Indiana Economic Development Corp. was one of his…

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Web site stirs controversy: Watchdogs pan Insurance Department’s pro-business stance

Consumer watchdogs are howling over a revamped state Insurance Department Web site that pitches Indiana’s “positive regulatory climate” and other business-friendly attributes. The site’s new look debuted a few weeks ago and aims to make companies think about moving to Indiana, Insurance Commissioner Jim Atterholt said. But critics say a regulator should never play the role of recruiter, and the approach sends the wrong message to consumers seeking help. “It raises some questions-you know, who’s your first master?” said Julia…

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NEWSMAKER: Jischke praised, while Herbert taking heat:

NEWSMAKER Jischke praised, while Herbert taking heat Confidence in the job performance of the two leaders of the state’s largest universities headed in opposite directions this year. At West Lafayette, Purdue University President Martin Jischke, 64, continued to receive high praise for elevating the university’s status as a player in the state’s economic development mission. Meanwhile, his colleague at Indiana University, Adam Herbert, found himself fending off a barrage of critics calling for his ouster because they don’t think he…

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Hotel proposed for Hamilton County’s Strawtown: Site overlaps sensitive American Indian land

Hamilton County park officials hope to find a developer to build a three-star hotel in 750-acre Strawtown Koteewi Park, an area rich with fragile American Indian artifacts. Businesses near the northeastern Hamilton County park love the idea. American Indian groups are less enthusiastic, but willing to work with park officials. “It’s kind of disturbing,” said Chief Brian Buchanan of the Miami Nation of Indians of the State of Indiana. “You wouldn’t want anybody digging up your grandmother.” Buchanan learned of…

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A fuzzy picture for Thomson-again: French parent puts consumer unit in play, but will keep part of 700-person Carmel work force

Engineering and research-anddevelopment jobs in Carmel likely will be spared the uncertainty of Thomson’s plans to sell outright or to find partners for its consumer products and accessories business. The French company that owns the RCA brand and employs 700 in Carmel said last week that it will exit the consumer end of the electronics realm in 2006. But Thomson also said it has a number of engineers and related personnel in Carmel that would fit the company’s focus on…

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Storrow Kinsella Associates Inc.: Landscape firm aims to improve urban settings Architectural training helps SKA in bid to transform communities

John Kinsella is proud of Davlan Park, a collection of grass, trees, plants and public art tucked away on a tiny patch of green next to the Mass Ave Starbucks. He smiles when he sees someone sitting on a bench or at a table, taking a break from the bustling commercial corridor. He remembers when the so-called pocket park was just neglected space. But that was before Storrow Kinsella Associates worked its magic. The 20-year-old landscape architecture firm, owned by…

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Clarian nabs UAC building: Hospital network wins bid for former corporate headquarters

Clarian Health Partners is polishing a deal to buy the former Union Acceptance Corp. headquarters on North Shadeland Avenue, a move that plants a large footprint for the burgeoning hospital network squarely in a competitor’s east-side back yard. Clarian made the winning bid for the 126,000-square-foot building at a Nov. 15 auction, but the sale had not closed as of Nov. 30, said Bob Getts of Colliers Turley Martin Tucker, which ran the auction. He referred all questions to Clarian….

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ECONOMIC ANALYSIS: Farming on decline, but ag still offers opportunity

Drive less than 20 minutes from almost any crossroads in Indiana and you’ll come across a feature of the Midwest landscape we take for granted: farmland. The vast open space in abundance between our state’s urban areas remains dominated by the industry that once employed more people than any other: agriculture. And while the sights of barns, cropland and animals grazing in pastures are familiar to us all, we should remember that looks can be deceiving. Plenty of changes are…

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Race against crime: As public safety becomes a business issue, much is riding on battle for prosecutor

The dust has settled on Mayor Bart Peterson’s failed police merger. Meanwhile, local crime is surging, up 11 percent from 2002 to 2004. The next bellwether on how to turn the tide will be the 2006 Marion County prosecutor’s race. The contest, pitting Melina Maniatis Kennedy against incumbent Carl Brizzi, already is drawing the attention of community and business leaders, who say the stakes are huge: Rampant crime can cripple a local economy. “Where there’s crime-scene tape, there are not…

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CHRIS KATTERJOHN Commentary: Setting an example for Sacramento

“To improve Sacramento, learn from Indianapolis” was the headline of a column in the Nov. 18 Sacramento Business Journal. It’s always nice to get a compliment and some good PR. Turns out a delegation of nearly a hundred Sacramentonians-or is it Sacramentites?-were here in October on a three-day study mission to learn how to become a great city. It was the seventh year in a row for them to make a learning visit to another community. Tom Stallard, head of…

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Industry races to promote itself: Statewide motorsports group hopes to thwart competition from other U.S. markets

Area motorsports leaders are gearing up for another run at unifying the industry and assuring the region retains its status as one of the world’s leading motorsports markets. Organizers of the latest effort promise they won’t spin their wheels this time around. They’re casting a wider net-going statewide with a motorsports association-to attract more members and build more clout with the media, local and state lawmakers, and service providers, such as banks and insurance companies. The Indiana Motorsports Association Inc….

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VIEWPOINT: Choosing judges: If process isn’t broken …

As the 2006 legislative session approaches, the business community should urge the General Assembly not to resurrect proposals to change appellate judicial selection it considered last session. These proposed changes are misguided because Indiana’s system has worked well to build an appellate judiciary we can be proud of. The proposed changes work against the predictability, stability and sophistication necessary to ensure an appropriate judicial climate, and Indiana’s business leaders should oppose them. Although last session’s measure may not come up…

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VIEWPOINT Valerie Eickmeier: Business needs to harness power of arts

VIEWPOINT Valerie Eickmeier Business needs to harness power of arts Indiana will more fully reach its potential in economic development for the 21st century when its common goal is to build a community where commerce and creativity can thrive. The world is entering an era some business leaders and economists are calling the “Conceptual Age.” They trace the economic growth of our country from agriculture to industrial manufacturing, technology and the Information Age. Today, our country’s primary economic growth and…

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Technology proposals get business focus: IEDC requests new 21st Century Fund applications

It’s been 18 months since state government requested new technology proposals from startups or academics. The days of waiting are now finished. “We’re in business,” said the Indiana Economic Development Corp.’s new director of entrepreneurship, Bruce Kidd. “The open sign is in the window. We want to start accepting applications again.” On Nov. 16, the IEDC issued a request for applications to its $75 million 21st Century Research and Technology Fund. Much has changed since March 2004, when the state…

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