Skip to main content

Category: Business/Technology

WARF suit says firm violated contract

Capital Times

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

Wisconsin State Journal

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.

A $10,000 business plan

Wisconsin State Journal

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.

Editorial: Get city out of sweatshops

Capital Times

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 to veto GOP tax credit plan

Wisconsin State Journal

� 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.

Student biz plan competition set

Capital Times

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

Capital Times

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

Capital Times

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

Capital Times

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

Badger Herald

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

Capital Times

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.

UW urges shift back to family housing

Capital Times

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

USA Today

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.

UW evening MBA program going global

Capital Times

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.

Charles in Charge (Madison Magazine)

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

Wisconsin State Journal

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.

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

Capital Times

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

Daily Cardinal

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.

Group eager to help startups

Wisconsin State Journal

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.

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.

Mike Ivey: The best and brightest get out of Dodge

Capital Times

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

Wisconsin State Journal

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

Wisconsin State Journal

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

Milwaukee Journal Sentinel

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.

Doyle: State will shop smart

Wisconsin State Journal

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)

Capital Times

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

Capital Times

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.

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

Capital Times

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.

UW says job market for MBAs improving

Capital Times

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.

Experts See Same Pretty Picture

Wisconsin State Journal

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.