The relationship of postsecondary education to the economy in Ohio is discussed. Attention is focused on efforts of the Ohio Board of Regents and the Ohio Department of Development to foster economic development and revitalization. Information is included on the Ohio Board of Regents'"Master Plan for Higher Education," along with initiatives for economic revitalization contained in "Toward a Working Ohio." Themes of another volume, "Human Resources--Investing in Ohio," are also identified, and perspectives on strategic planning and management for economic development are offered. Information on the number of establishments by industry is included to help identify critical issues and trends. Appendices include: action agendas for job creation, job training, quality education, control of health care costs, tax reform, and streamlining state government; a list of strengths, weaknesses, opportunities, and threats in the state; a conceptual framework for the relationship between research and development and economic development; an analysis of mechanisms intended to meet selected needs; a list of technological advances since 1950s; and a list of 22 measurement factors used in determining Ohio's position in general manufacturing business climates and rankings of 48 states based on the 22 factors. (SW)