There was a time at the University of Wisconsin-Madison when starting a company ranked somewhere between gambling and arms dealing.
Faculty members shunned entrepreneurship because it seemed to conflict with the school’s true mission of conducting research and educating students, a debate that still rages at schools across the country, including the University of Minnesota.
“Prior to 1992, very few faculty started companies,” said Thomas (Rock) Mackie, chairman and co-founder of TomoTherapy Inc., who still teaches medical physics at the University of Wisconsin-Madison. “It was almost frowned upon. But now it’s actively encouraged.”