Issues of ethics in journalism, thrust into the spotlight by recent scandals, will soon have a more prominent place at the UW-Madison School of Journalism and Mass Communication, thanks to a $1 million gift from former Wisconsin State Journal Publisher James Burgess.
Category: Business/Technology
WARF suit says firm violated contract
The Wisconsin Alumni Research Foundation, the technology transfer and licensing arm of the UW-Madison, has filed a lawsuit against Xenon Pharmaceuticals Inc., charging it with breach of contract and other violations of its agreement with WARF.
Attorneys for WARF said the suit, filed Wednesday in U.S. District Court in Madison, seeks to ensure that the interests of UW-Madison and its inventors are protected and that WARF receives its contractual share of a $157-million agreement entered into by Xenon, which is in British Columbia, Canada.
GOP deserves rebuke for restricting science
Assembly Republicans ought to be embarrassed by the mess they made of a bill to encourage businesses to create research-related jobs in Wisconsin.
The Assembly last week passed the bill, to offer businesses tax credits for conducting research and development, but only after attaching an amendment to withhold the credits from businesses focusing on human cloning or research into new lines of human embryonic stem cells.
Consumers rushing to file for bankruptcy
Quoted: Richard B. Jacobson, a Madison lawyer and lecturer at the University of Wisconsin-Madison Law School.
A $10,000 business plan
Their business might be worth millions in five years, but the business plan alone was worth a cool $10,000 for the two UW-Madison entrepreneurs who crafted it.
Tony Escarcega, 31, and John Puccinelli, 25, beat out 13 other teams of UW-Madison hopefuls last week to capture the top prize in the eighth annual G. Steven Burrill Technology Business Plan Competition at Grainger Hall, the university’s business school.
Drug-delivery patch wins at UW business-plan competition
Madison, Wis. ââ?¬â? A drug-delivery patch took first place and $10,000 in the G. Steven Burrill Technology Business Plan Competition, the University of Wisconsin-Madison’s annual contest for student entrepreneurs.
UW-Madison spinoff Pedrus finds more to business planning than good science
Pedrus Pharma, a University of Wisconsin-Madison spinout that has sped to the finals in the Governor’s Business Plan Contest, may put a stop to the annual flu vaccine hoopla, among other things.
Editorial: Get city out of sweatshops
Cities across the country have taken steps to stop doing business with firms that deal in goods made in sweatshops, and Madison needs to join the coalition of conscience.
District 8 Ald. Austin King, fresh from his landslide re-election in April 5 local voting, wants the city to set a standard that says no public funds will be used to purchase “goods made under the deplorable, inhumane conditions of a sweatshop.”
Doyle raps stem cell curb; says plan to cut tax breaks hurts firms and he’ll veto it
Gov. Jim Doyle is blasting a Republican proposal to cut off state tax breaks for Wisconsin companies seeking to develop new stem cell lines.
Doyle said the move would close the door on new research in Wisconsin and sends the wrong message to biotech businesses seeking to locate or expand here.
Doyle to veto GOP tax credit plan
� Gov. Jim Doyle on Wednesday said he would veto any proposed business tax credit that excludes companies doing embryonic stem-cell research.
Doyle reacted angrily to a bill approved by the Assembly late Tuesday night that would give research and development tax credits to Wisconsin companies, with the exception of those that focus on human cloning or research new lines of embryonic stem cells.
Big firms take plunge into stem cell research (Wall Street Journal)
Stepping gingerly into a politically charged arena for the first time, some large companies in the United States are pursuing plans to study stem cells drawn from early-stage human embryos.
Noted: Becton Dickinson received supplies from the University of Wisconsin.
Tech leaders disappointed with Assembly stem cell vote (WisBusiness.com)
Wisconsin political, business and science leaders who have pushed the state’s nascent biotech industry reacted with dismay Wednesday to a vote by the Assembly Tuesday night that would bar companies doing research on new stem cell lines from applying for research and development tax credits.
MBA Applicants Are MIA (BusinessWeek)
As tuitions soar and the job market strengthens, some B-schools are downsizing — and all are getting less selective.
Student biz plan competition set
A total of $22,000 in prize money is available in an annual competition at UW-Madison showcasing student entrepreneurs’ innovative business ideas.
Fourteen teams of UW-Madison students will compete in the G. Steven Burrill Technology Business Plan Competition in Grainger Hall, 975 University Ave., on Friday. The event is open to the public with the winning team, which will receive $10,000, announced at 5:45 p.m.
State looks into single food vendor
Convicts, college kids and visitors to the governor’s mansion could all soon be chowing down on fare provided by a single food vendor mandated by the state.
As part of Gov. Jim Doyle’s plan to consolidate agency purchases across state government, the Department of Administration is issuing a request for proposals this week seeking one or more primary food vendors that would provide meat, cereal, dairy and other food products to all state agencies and the University of Wisconsin system.
UW officials in particular are troubled at the idea of having to deal with a primary food vendor, and the university’s current vendors are worried about losing their contracts.
Jackson almost killed Onion, editor reveals
Janet Jackson nearly took down the newspaper that made Madison famous.
During a University of Wisconsin-Madison campus lecture Monday night, former Onion Editor in Chief Robert Siegel said the singer nearly took the satirical newspaper to court after a crude 1990s story about a boy who was supposedly being granted a wish by the Make-a-Wish Foundation.
Doug Moe: Drink special lawsuit finally tossed
IT MAY be just a coincidence, but it’s a good one. On April 7 last year, a crew from the cable channel Comedy Central came to Madison to “report” on the lawsuit filed by three UW-Madison students against 24 campus bars alleging the bars fixed prices by agreeing not to offer drink specials on weekend nights.
Comedy Central’s interest was not sparked because the network thought the lawsuit would one day be debated and studied by the world’s great legal minds. No, like most everyone else, Comedy Central thought the lawsuit was ridiculous.
Supreme Court to hear patent law case
The Supreme Court will hear a patent case regarding the protection of research tools April 20 which numerous organizations and universities, including the Wisconsin Alumni Research Association, have taken active roles in the case�s discussion.
Dave Zweifel: GOP governors feel TABOR’s pinch
Following are the first two paragraphs of a story that appeared in the Washington Post only a few days ago:
“Gov. Bill Owens has been crisscrossing the country for years promoting the virtues of (Colorado’s) strict constitutional limits on government spending. He has repeatedly urged other states to adopt restrictions of their own, based on Colorado’s ‘Taxpayer Bill of Rights’ amendment, known as TABOR.
“But this summer, Owens, a Republican, says he’ll be traversing his own mountainous state pushing the opposite message.
Student loan companies offer growth potential
College education costs are rising at a faster rate than household income, creating funding challenges for students but opportunities for investors.
UW urges shift back to family housing
The University of Wisconsin-Madison is inviting the city, neighborhood activists and property owners to map a strategy to upgrade the housing stock in four neighborhoods bordering the campus.
Associate Vice Chancellor Alan Fish told the city Housing Committee Wednesday night that conditions are ripe for the conversion of rundown apartment houses in the Bassett, Mifflin, Greenbush and Vilas neighborhoods to owner-occupied homes.
Wanted: CEO, no Ivy required: Fewer of today’s corporate leaders come from Ivy League schools
Imagine how far Brenda Barnes would have gone had she graduated from Harvard, Princeton or Yale. No need, Barnes says. Attending Augustana College in Rock Island, Ill., ââ?¬Å?made me CEO of Sara Lee,ââ?¬Â she says. With a workforce of 150,400 and 2004 sales of $19.6 billion, Sara Lee is the largest corporation with a female CEO.
PR firm to help hype state’s stem cell status
In the upper Midwest, modesty is considered a virtue.
But in the competitive world of stem cell research, not tooting your own horn enough can be counterproductive.
UW evening MBA program going global
Sweeping changes starting this fall in the UW-Madison evening MBA program have it geared more toward international perspectives and concerns.
Along with major curriculum revisions, a big addition is an international trip in the second year of the three-year program, said Linda Uitvlugt, director of operations for the program.
UW-Madison adds international trip to MBA studies
Beginning next year, most students in the University of Wisconsin-Madison’s evening MBA program will take an international trip as part of their studies.
Employers deliver Medicaid message
Quoted: Barbra Wolfe, an economics professor at the University of Wisconsin-Madison.
Charles in Charge (Madison Magazine)
“One of my dreams is to take a year off and sail around the world,” says Charles Hoslet, Director of the UW’s Office of Corporate Relations (OCR). “I’m certainly not at the point where I’m going to check out for a year, but it’s definitely on the list of things I want to do,” the UW Exec says. In the meantime, Hoslet is at the helm of the UW–Madison office designed as the link between business needs in the Badger State and the resources on the UW-Madison campus. Still in its infancy, OCR will celebrate its second anniversary in July.
Striving to reach first tier
In a word, Michael Knetter is impatient.
When he took the reins of the UW-Madison Business School nearly three years ago, he made improving the quality and reputation of the school’s graduate program his top priority.
Stem cell pioneer launches new company
Stem cell pioneer James Thomson has started a company with two other University of Wisconsin-Madison faculty members that aims to provide drug screening services to the pharmaceutical and biotechnology industries.
Tom Still: Walking a line on stem-cell research (Capital Region Business Journal)
Massachusetts Gov. Mitt Romney has drawn a thoughtful ethical line with his decision to support one type of human embryonic stem cell research in his state and to oppose another. Although the distinction made by Romney was largely lost in news coverage of his announcement, it could define a more constructive debate about stem cell research in Wisconsin and nationwide.
Stem cell leader opens business
Stem cell pioneer and University of Wisconsin researcher James Thomson is opening a business at the UW Research Park.
Cellular Dynamics International, Inc. will work on cellular tissue regeneration involving the heart; the research there will involve stem cell research, but will not be limited to that, according to an industry insider familiar with the business who wished not to be identified.
Students cash in on ideas, brainpower
Coming up with an idea for a company can be difficult-unless coming up with ideas is the company.
Two UW-Madison students have pioneered a business that markets ideas-the least tangible but perhaps most valuable asset of a successful company. In April 2004 Anand Chhatpar and Nate Altfeather co-founded BrainReactions, a company that outsources ideas to high-tech and consumer product firms.
UW’s stem cell pioneer to start business in Madison
Dr. Jamie Thomson, the UW-Madison scientist who first isolated and reproduced human embryonic stem cells, has leased space at the University Research Park and will be starting a bioscience company.
Group eager to help startups
As the regional economy continues its recovery, a growing number of economic development organizations are working together to foster a new generation of Wisconsin startups that they hope will fuel the state’s economic growth.
“Rather than look at it as there are all these different groups that are doing all these different things, instead we’re starting to really bring people together,” said Joe Kremer, director of Wisconsin Angel Network, a nonprofit group aimed at connecting local businesses with regional investors.
Kremer was one of a handful of panelists who addressed about 80 representatives from the professional services industry Tuesday at University Research Park.
Four quit UW anti-sweatshop panel: They say Wiley disregarded committee’s input
Four members have resigned from an anti-sweatshop advisory committee at the University of Wisconsin-Madison, citing disagreements with Chancellor John Wiley.
The conflict centered around the best way for the university to keep licensees of UW logo apparel from moving their factories to China, a nation with a poor record on labor rights.
UW System ranks 8th in number of U.S. patents
The United States Patent and Trademark Office (USPTO) released a preliminary list of the top 10 universities with the most patents for inventions March 18, where the University of Wisconsin System placed eighth for most patents in 2004.
Discovery Institute well worth the cost (WSJ, 3/25/05)
Gov. Jim Doyle is seeking $19 million in his state budget that for a project that, by comparison to its cost, has the potential for a gigantic payback.
The $19 million would help build the first phase of the Wisconsin Institute for Discovery, an ambitious research center for biotechnology that would rise on the UW-Madison campus over the next 10 years.
Can Lands’ End remain true?
Whatever its fate, Lands’ End is changing. But hopefully not too much for loyal customers.
UW-Madison emeritus professor of business Jon Udell is quoted in this story about the key to the company’s future success.
Fewer start-ups spawned on university campuses
Amid scarce start-up money, the number of young companies spun off by universities is tumbling ââ?¬â? pinching revenue needed to dampen tuition increases.
Mike Ivey: The best and brightest get out of Dodge
Yikes.
What to make of the new report that young people are leaving Madison in droves?
…the report raises some interesting questions about whether Madison is as hip and cool today for young people as it was for the Vietnam era Baby Boomers. The numbers seem to suggest it isn’t.
Designing Discovery: Flad a natural choice for UW project (WSJ, 3-20-05)
The choice of Flad and Associates to design UW-Madison’s 750,000 square foot Wisconsin Institute for Discovery, unveiled by Gov. Jim Doyle last week, wasn’t surprising. Flad and Associates has designed many of the city’s landmark buildings, such as the 1.3 million square foot American Family Insurance headquarters and UW-Madison’s chemistry and biochemistry buildings.
Panel votes for research institute
The state Building Commission Friday voted 7-1 to finance a proposed $381 million biotechnology research institute at UW-Madison.
The 450,000-square-foot Wisconsin Institute for Discovery would be built on a wedge of land bordered by University and North Randall avenues and West Johnson and North Charter streets, just north of Union South.
The commission also approved $137.5 million in new bonds for the project that will become available over the next 10 years and reallocated to the institute $50 million of previously approved bonding, said Rob Kramer, secretary of the commission.
UW research center plans met with hope
There were many important people at the unveiling Wednesday of the proposed $375 million Institute of Discovery, from college deans to a beaming governor.
But few in attendance may have more to gain from the ambitious research center than three children who stood quietly next to the architectural drawings as the important people spoke.
Center to help employers, low-wage workers thrive together
In two decades in venture capital and investment banking, John Hoffmire developed a specialty in employee stock ownership. From that vantage point, he observed the interplay between worker wealth and business growth. Now Hoffmire is committed to apply those lessons on low-wage employees at businesses in Wisconsin and beyond. As director of the new Center on Business and Poverty at the University of Wisconsin-Madison, Hoffmire is on a mission to study and demonstrate how employers and their low-wage workers can prosper together when workers make the most of the benefits they’re offered.
Lands’ End may be sold
Quoted: Charles Krueger, associate professor of executive education at the UW-Madison School of Business.
Doyle: State will shop smart
For those worried about how the state spends their tax dollars came this less-than- reassuring bit of information Tuesday: It’s apparently news when the state uses its vast purchasing power to get the best deal on goods and services.
March Madne$$ (AP)
Up and down the glittering Las Vegas Strip, the story is the same. Hotels will be packed and so will the sports books, where many fans will spend the entire weekend watching and betting the games. But betting on the NCAA tournament is one thing that doesn’t stay in Vegas.
In dorm rooms, offices, and homes across the country, people can make a few clicks of the mouse and bet up to $10,000 or so on their favorite team.
Best, brightest leaving county
Young people are fleeing Dane County in record numbers, despite the area’s ranking as one of the top places to live, work and play in the nation.
A report issued today details the county’s “brain drain” problem and urges community leaders to focus efforts on retaining and attracting talented individuals.
UW Business Dean Gets A Raise
To keep him from being hired away by competitors, the UW Board of Regents on Friday approved a $50,000 raise for UW-Madison Business School Dean Michael Knetter.
Economic benchmarks help measure progress
When Katherine Lyall, the University of Wisconsin System president then, launched the four Economic Summits, she set forth the goal of closing the state’s gap in per capita income as the most important.
Stem cell limits have states scrambling
Federal restrictions on stem cell funding are forcing states to choose between pursuing such research on their own or risking the loss of jobs, revenue and highly sought-after scientists, state biotechnology leaders said Wednesday.
State economy above average
Wisconsin’s economy and business climate eked out an above average grade on an annual report card released Wednesday.
Networks press Nielsen to count campus viewers
…Television networks have been pressing Nielsen Media Research, Inc., the company that measures TV audiences, to quantify college campus viewing for years, without success…. Meanwhile, colleges, wary of opening the gates to outsiders conducting research on their students, have been leery of providing access….
(From The Wall Street Journal, reprinted in the 3/9/05 Capital Times print edition)
Downtown boosters get political
Madison’s principal downtown advocacy group is stepping into the political arena and endorsing City Council candidates for the first time.
….Downtown Madison Inc.’s 460 members include representatives from the business community as well as such entities as the city of Madison and the University of Wisconsin-Madison.
Doyle meets with Mexican officials to discuss state exports
Gov. Jim Doyle met with top environmental officials in Mexico City Monday to discuss water standards and to survey opportunities for Wisconsin businesses.
Baggot: Generous Goodmans great men
I wish I had more friends like Bob and Irwin Goodman.
I wish you did, too.
If there were more people like the Goodmans in this world, our present would offer a greater source of optimism and our future would be easier to embrace.
UW says job market for MBAs improving
Job prospects are improving for students earning master’s of business administration degrees, said Blair Sanford, director of MBA career services at the UW-Madison School of Business.
Sanford cited UW-Madison employment data, along with a new survey of 57 business schools conducted by the MBA Career Services Council, the association for MBA career services professionals.
What comes next (WSJ 3/6/05)
Quoted: Ray Aldag, UW-Madison professor of management and human resources.
“This is Dorothy’s house going up in the tornado — so it’s hard to say where it will land.”
Rob Zaleski: Wind farm, bats may not be good match
Just so nobody gets the wrong idea, Evelyn Howell is a big supporter of wind farms and the push for alternative forms of energy. She is, after all, an ecologist in the Department of Landscape Architecture at UW-Madison.
Experts See Same Pretty Picture
Economically speaking, 2004 was the best year since the collapse of the dot-com bubble. Peering into the future, experts gathered at UW-Madison for a semiannual economic briefing Friday agreed that the regional and national economic outlook continues to be sunny.