×
X logo

Today's breaking news and more in your inbox.

I'm interested in (please check all that apply)

You may opt-out anytime by clicking "unsubscribe" from the newsletter or from your account.

Growing Ohio’s Economy

Ohio has some work to do if it is to attract the kinds of employers that will propel its economy to prosperity. According to an Axios report on Heartland Forward’s analysis of states’ “entrepreneurial capacity,” the Buckeye State ranked 40th in terms of new companies, business-friendliness and access, and government grants among other factors.

Heartland Forward is an Arkansas-based think tank “dedicated to improving economic performance in America’s Heartland.” Its study showed young firms accounted for only 8% of the state’s employment share; and that only 29% of the population has a bachelor’s degree or higher.

Ohio also ranked 31st for percentage of households with a computer and 26th for business research and development spending per million people.

Of course, the Columbus area fared better than the state as a whole. But neighboring states such as Michigan and Pennsylvania fared considerably better than Ohio. (On the other hand, neighbor West Virginia was ranked dead last.)

Step one might be to get out of our own way. With a little more honesty about what attracts the kinds of people who are now fueling the economies of our nation’s large metropolitan areas, there’s no reason Ohio can’t climb the ranks in terms of “entrepreneurial capacity.”

NEWSLETTER

Today's breaking news and more in your inbox

I'm interested in (please check all that apply)
Are you a paying subscriber to the newspaper? *

Starting at $4.73/week.

Subscribe Today