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Indiana University Kokomo Chancellortestifies before legislative committee

Posted: Monday, August 29, 2011 4:00 pm

Indiana University Kokomo is at the forefront of leading a cutting-edge, three-pronged approach to enhancingeconomic development through entrepreneurship and innovation in north central Indiana. Chancellor Michael Harriswas invited to share this ideal with a legislative study committee seeking input on higher education and its role inboosting the economy.

The "Triple Helix" framework requires a paradigm shift - a complete re-envisioning to economic development.Harris explained it is imperative that regional campuses become leaders in initiating and developing the process, as headdressed the Interim Study Committee on Economic Development on Thursday (August 25) at the Statehouse.

"We are witnessing an economy that is beingtransformed from industrial manufacturing, in whichnatural resources and labor were the key ingredients - toan economy of knowledge, in which knowledge is themain resource that drives the economy throughinnovation," Harris said. "At the same time, we areliving in an era of globalization and enhanced world-wide competitiveness."

Harris emphasized to the committee the importance ofentrepreneurship.

"Entrepreneurship is not necessarily about teachingsomeone to start a new business, rather, it is a mindset,"Harris said. "It is about learning to thinkentrepreneurially as a way of life. It is being creativeand innovative."

In addition, Harris explained the Triple Helix approach allows for a free flow of ideas and entrepreneurial behavioramong the organizations. For example, many IU Kokomo students work to finance their education rather thanworking as PART of their education. IU Kokomo is currently offering co-op and internship opportunities so thatstudents can integrate their work into their educational experience and develop skills that are necessary for theircareer inspirations.

"I call upon you, the committee, as you develop new policies and programs to utilize the Triple Helix Model. Byadopting this paradigm shift, I am confident that Indiana will be a leading role model for economic development,"he said.

The committee is chaired by State Rep. Mark Messmer, R-Jasper, and State Sen. Brandt Hershman, R-Buck Creek.

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Indiana University Kokomo Chancellor testifies before legislative committee - Kokomo Perspective: Home

file:///C|/...ictures/Indiana%20University%20Kokomo%20Chancellor%20testifies%20before%20legislative%20committee%20-%20Kokomo%20Perspective%20%20Home.htm[12/6/2013 10:47:16 PM]

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Posted on Monday, August 29, 2011 4:00 pm.

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Indiana University Kokomo Chancellor testifies before legislative committee - Kokomo Perspective: Home

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