Are Indianapolis, Cleveland, and Providence forming the next generation of innovation centers?

by Ryan Streeter on October 23, 2014. Follow Ryan on Twitter.

There is a notable economic restructuring occurring in Indianapolis, Cleveland, and Providence that is perhaps forming a next generation of innovation nodes.

That’s from an interesting new report by the Center for Population Dynamics at Cleveland State University at

The authors are looking at an important, if not incomplete, measure of regional economic success: the share of advanced degrees in a metro area.

And the growth rates since 2005 – not to mention absolute figures – offer some surprises. For instance, the top 25:

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And then the authors show which cities have experienced the most growth relative to others since 2005: