Paul Schaumburg

 

Education and Economic Development
September 2004


Western Kentucky's schools, colleges, and universities play a key role in developing the area's economy. That's according to an economic development expert who visited the Graves County Schools recently. Many of our educational institutions offer high quality instruction as a selling point for prospective industries to locate here; however, he says, the schools also need to add more advanced concepts to the curriculum in several subject areas. I can think of no other topic more critical to the future of western Kentucky. It demands our attention now.

Tom Welch is the director of Seeding Innovation in the Kentucky Department for Innovation and Commercialization for a Knowledge-Based Economy. Welch's organization focuses on adapting Kentucky to the global economy of the 21st Century. Even with the quality of many area schools, the educational level of the entire population is too low, he says. For example, the percentage of Kentuckians over the age of 25 with less than a 9th grade education is well over 11 percent, compared to a national average of less than 7 ½ percent. More than 80 percent of American adults have earned a high school diploma or higher, compared to 73 percent of Kentuckians. Nearly one-quarter of American adults hold a bachelor's degree or higher. In some western Kentucky counties, that rate is cut in half.

So, if the quality of many of our schools is high, why are those numbers so low? Between 1995 and 2000, nearly 1,400 Kentuckians in their 20s holding bachelor's degrees left the commonwealth. It's a phenomenon known as "Brain Drain." In the same period, more than 6,000 people with less than a high school education migrated into Kentucky.

Welch says the lack of ability to generate knowledge reinforces itself. The most entrepreneurial individuals want to be where the action is, so they move and the overall wealth of the region decreases. Countries and states that can't produce new knowledge will have to sell their labor at lower and lower rates. His figures show that between India and China alone, 1 ½ billion workers are available, ten times the number as in the United States. And, many workforces abroad will work longer hours for much lower wages.

Many countries, states, and institutions continue to invest primarily in things a person can see and touch, even though two-thirds of the global economy is already a knowledge economy. Welch says the most important thing in the new economy is knowledge.

In recruiting industry, he says, we should emphasize the high quality of our best schools, but all of our schools need to align their curricula with industry's needs in the new knowledge based economy. Kentucky schools, colleges, and universities need to teach rigorous courses that respond to needs in the biosciences, environmental and energy technologies, human health and development, information technology and communications, and materials science and advanced manufacturing.

Well beyond the traditional courses, important topics today include astrobiology, biotechnology, alternative fuels, genomics, artificial intelligence, biopolymers, nanotechnology, and quantum computing.

Welch spoke to the faculty and staff of the Graves County Schools as well as local economic development leaders. His message was both sobering and hopeful. While his presentation made it obvious that western Kentucky has much work to do, the specifics of his message provide an excellent starting point in efforts to improve.

To learn more, email Tom.Welch@KY.gov.

 

 
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