Gov. Jim Doyle put on a game face of major league proportions when he rolled out Wisconsin’s response to California’s approval of $3 billion in state funds for a decade of stem cell research. He did what he had to do to keep Wisconsin in the forefront of bioscience. California’s initiative will be hard for a smaller state to match, especially one with a major deficit.
Category: Business/Technology
Key patent legislation passed by Congress
Both the Senate and House have passed key patent legislation backed by the UW-Madison and several state politicians, with President Bush expected to sign the bill in the next few weeks.
A list of Thank Yous (WSJ-11/25/04)
Mike M. Knetter, Dean, UW-Madison School of business: “I’m thankful for the 34,000 loyal alumni of our business chool and the many other friends of the school (who) helped us achieve our mission.”
Carle E. Gulbrandsen, manager director, Wisconsin Alumni Reserch Foundation: “I’m thankful that our mission of taking (UW-Msn) inventions to the marketplace has generated real exicitement at the university, in the Madison community and with our partners at the state and federal government.”
Stem-Cell Industry, Research Evolving (ABC News)
Nov. 23, 2004 ââ?¬â?Ã? Much has been made of President Bush’s 2001 executive order limiting the use of federal funds for human embryonic stem-cell research. With Bush now slated for another four years in office, researchers and stem-cell supporters are seeking private investment to drive the science and the industry forward.
Congress Passes Bill to Foster Collaborative Research Among Universities and Companies
Legislation that would eliminate a barrier to collaborative research involving universities and companies is headed to President Bush after the U.S. House of Representatives gave it final approval on Saturday. (Subscription required.)
Tom Still: Doyle�s proposal is about more than keeping pace with California (Wisc. Technology Network)
It was inevitable that Governor Jim Doyle’s proposal to build a $375 million interdisciplinary research center on the UW-Madison campus would be characterized as a ââ?¬Å?responseââ?¬Â to California, where voters passed a $3 billion, 10-year initiative to fund human embryonic stem cell research.
UW System, industry strive to expand, keep work force in state
Kevin Reilly, the new president of the University of Wisconsin System, cites an 80% retention rate in the state for UW graduates but acknowledges that an even better track record is needed. The university system has embarked on pilot programs to pull back students who failed to graduate and get them to a diploma. It also is working to increase the percentage of freshmen who graduate.
Be thankful, Wisconsin
Wisconsin has excellent schools, technical colleges and public and private colleges and universities. The state has two nationally ranked medical schools, now well-endowed with more than $600 million from the Blue Cross conversion. The University of Wisconsin-Madison is one of the country�s leading research universities. However, Wisconsin lags in transferring technology to the private sector, says Thomas Hefty, co-chair of the Governor�s Economic Growth Council.
TOUGH CUSTOMER
The customer is always right. Cliche? You bet. But Madison business consultants and UW-Madison School of Business academics say clients and companies share equally in the delivery of customer service and consumer satisfaction.
Forward looking: Ex-Badger steps up for state biz development
Gov. Jim Doyle’s new point man on attracting businesses to Wisconsin has no formal background in biotechnology or stem cell research. But with sales stints at two major corporations, followed by 13 years in the front office of the Milwaukee Brewers, Eugene “Pepi” Randolph brings plenty of real world experience to his new position as president of Forward Wisconsin.
Problems and solutions for working women
Low wages and a lack of benefits are problems that women face in Wisconsin’s work force, but there are solutions, attendees heard Wednesday at a forum at UW-Madison.
New UW program to aid start-up firms
The UW-Madison Office of Corporate Relations announced that it will start a program next year to help create, support and sustain start-up companies that are based on research and technology developed at the UW.
Gender pay gap in state ‘appalling’
Wisconsin women fall far short of men when it comes to pay equity, and that’s not sitting well with people who took notice of a report out this week mapping the gap. Louise Root-Robbins, UW System coordinator for the status of women and director of the Sloan Project for academic career advancement, and Joe Soss, an associate professor of political science at UW-Madison, are quoted.
Gov aims to keep stem cell edge
Gov. Jim Doyle is ready to take on California to defend Wisconsin’s crown as king of the stem cell states. About two weeks after California voters approved a $3 billion, 10-year referendum for stem cell research, Doyle responded by putting together a comprehensive package to showcase and build on Wisconsin’s investment in biotechnology.
Johannes named to business school post (WSJ)
UW-Madison School of Business professor James M. Johannes has been named senior associate dean of the school.
Dane County businesses upbeat about 2005
Dane County businesses expect to see their profits grow twice as fast in 2005, according to a study released Wednesday.
Companies expect profits to increase 3 percent in 2005, more than double the rate they forecast a year ago, the Dane County Economic Survey found.
Area firms bullish on economy
Most area businesses are expecting bigger sales in 2005 but that won’t necessarily mean a fatter paycheck for workers. The annual Dane County Economic Survey released today shows that 78 percent of firms here are projecting increased revenues next year. That’s up from 65 percent in 2004. The survey was conducted by the UW-Madison A.C. Nielsen Center for Marketing Research.
State business taxes below U.S. average
Mentions a 2000 survey of 421 executives by University of Wisconsin-Madison emeritus professor Jon Udell that found that corporate and personal income taxes were a small factor in how businesses rated the state’s competitiveness, with other factors accounting for 89% of their rating.
Companies at venture capital fair looking ‘to land the big tuna’
Drugs to treat cancer and epilepsy, and sugar substitutes that can be used to fight bacteria were some of the products touted by 33 companies seeking to match up with potential investors at the Wisconsin Life Sciences and Venture Conference on Tuesday at Monona Terrace.
Tom Still: UW-Milwaukee Chancellor Santiago determined to build on research base (wisbusiness.com)
MILWAUKEE ââ?¬â?? At the State University of New York in Albany, Carlos Santiago helped forge a partnership between IBM and the campus that led to the creation of a $1.5 billion “center of excellence.”
Now that he’s taken up residence in Wisconsin, Santiago sees no reason why UW-Milwaukee can’t aspire to do the same.
Big Announcement On Wisconsin Stem Cell Research Coming
MADISON, Wis. — Wisconsin’s stem cell research is taking a big step forward. News 3 has learned Gov. Jim Doyle will announce Wednesday a plan to construct a research facility for stem cell work on the UW campus, geared toward keeping medical researchers in the Badger state.
UW plans entrepreneurship program to link campus resources (Wisc. Technology Network)
Entrepreneurs on the University of Wisconsin-Madison campus will have a new resource to help them navigate the process of starting a company and the many related centers on campus.
The Office of Corporate Relations is heading the New Business Start-Up Initiative, which is to include events, publications and both one-ond-one and class-based training. This assistance will be available to UW=-Madison faculty, staff and students.
Stem-cell patent holder�s view of the California challenge (Wisc. Technology Network)
Will all human embryonic stem (hES) cell research move to California in light of the recent passage of a $3 billion bond initiative that is intended to make California the leader in a technology discovered by UW-Madison researcher Dr. James Thomson?
Promote investment to build economy
Starting up a business takes money, but too often, Wisconsin entrepreneurs are starved for cash needed to build a business.
Economic Snapshot (WSJ)
Is there anyone who couldn’t usa an extra million dollars?
Selling Of Science
Leaders of 33 young technology companies are practicing their pitches as they prepare for the Wisconsin Life Sciences & Venture Conference in Madison on Tuesday and Wednesday.
Job lessons include downsizing
Quoted: Allen Phelps, director of the Center on Education and Work at UW-Madison.
Stem cells a priority for state
Gov. Jim Doyle is expected to announce soon a strategy to keep Wisconsin at the forefront of stem cell research, despite a California vote to spend billions in public dollars on the effort.
Tools for detecting the next Enron
Some of the brightest stars of investing emit false light. Finding and avoiding such fakers has become of increasing concern in the wake of the corporate scandals of the early 21st century. Missing the next Enron Corp. has become as important as hitting the next Microsoft Corp. Story focuses on a presenter at the UW-Madison Directors’ Summit.
Initiative boosts business formation
A new initiative designed to help University of Wisconsin students, staff and faculty create, support and sustain new companies was announced Friday.
Promote investment to build economy
Starting up a business takes money, but too often, Wisconsin entrepreneurs are starved for cash needed to build a business.
Doyle hopes Wisconsin stays leader in stem cell research (AP)
MADISON – Gov. Jim Doyle is expected to soon announce a strategy to keep Wisconsin at the forefront of stem cell research, despite a California vote to spend billions in public money on the effort.
UW will help its staff start businesses (WSJ)
The UW-Madison Office of Corporate Relations will launch a program today that aims to create and support start-up companies that would capitalize on the research and technology produced at the university.
Proposition 71 Will Lure Top Scientists to California, Experts Predict (Newhouse News Service)
The new mantra among the nation’s rising medical researchers may sound like this: Go west, young scientist. Or, more to the point: Follow the money.
UW starts program to boost university-related start-ups (WisBusiness.com)
MADISON ââ?¬â?? Faculty, staff and students at UW-Madison who want to start their own companies will soon have more help, thanks to a new program being unveiled today
Investors bring biotech to Milwaukee area
An investment of $8.5 million from a venture-capital syndicate has drawn a St. Louis biotech company to Wisconsin, where it will inhabit brand-new lab facilities at Milwaukee County Research Park, the Wisconsin Technology Network reported.
Bush�s stem cell funding limits to continue
Although a number of national policies are set to go under the Bush administration�s microscope during his second term, one initiative is likely to remain untouched for the next four years: regulations and limitations over the federal funding of embryonic stem-cell research.
Scalable performance monitoring software draws grant from Intel (Wis. Technology Network)
Madison, Wis. ââ?¬â? The University of Wisconsin-Madison was one of seven U.S. research universities to receive a grant from the Intel Advanced Computing Center on Monday at the SC2004 high-power computing conference in Philadelphia.
Putting stock in shareholders
The best way to improve corporate accountability would be for the Securities and Exchange Commission to make it easier for shareholders to nominate directors, SEC Commissioner Harvey J. Goldschmid said Wednesday. His remarks were made in an address to the annual Directors’ Summit at the University of Wisconsin-Madison.
California triggers stem cell gold rush
SAN FRANCISCO (AP) — A 21st century gold rush is on in California after voters approved $3 billion for human embryonic stem cell research. At least one out-of-state biotech company is already making plans to move to California…And universities are hoping to recruit some of the field’s brightest minds to take part in the biggest state-run research project in U.S. history. (Provost Peter Spear is quoted in this article in the 11/10/04 Capital Times print edition.)
Pennies That Aren’t From Heaven
Mentions a study published last year by Terry Warfield, assistant professor of accounting at the University of Wisconsin-Madison and Qiang Cheng, assistant professor of accounting at the University of British Columbia’s Sauder School of Business, that found that managers with high equity incentives are more likely to report earnings that meet or just beat analysts’ forecasts than are managers who have low equity incentives.
Research May Lead To Glaucoma Treatment
People with glaucoma, a disease that can lead to blindness, might some day be better able to treat their illness, thanks to an agreement between UW-Madison and a North Carolina biopharmaceutical company.
California Universities Start Preparing for Windfall in Stem-Cell Research
California scientists and university officials last week celebrated a major victory after voters there approved a ballot measure to provide $3-billion in state funds over 10 years for stem-cell research. Officials were already planning to set up a mechanism to distribute the money.
Badgers Bring a Boost for Businesses
(Madison) With a 9-0 team Badger’s fans are loving this football season, and celebrating right alongside them are businesses and vendors near Camp Randall. For the last home game, the bars were full, brats were selling, and game goers were loading up on Badger’s gear. Some business owners feel the team’s winning streak is a boost to business.
WARF licenses new glaucoma patents
Inspire Pharmaceuticals Inc., a publicly traded firm based in Durham, N.C., has reached an agreement to exclusively license several patents from the Wisconsin Alumni Research Foundation for use in developing new therapeutics for treating glaucoma.
UW reinvests in Tyson Foods
The University of Wisconsin System has reinvested in Tyson Foods International, after divesting from its bonds last year in solidarity with striking workers….On Thursday, at the regents’ annual investment forum, the university’s reinvestment in Tyson appeared to catch even some regents by surprise.
(11/5/04 Capital Times print edition)
Stem cell study at U faces competition
Quoted: Robin Alta Charo, a medical ethicist and assistant dean of the University of Wisconsin Law School.
Calif. takes stem-cell spotlight (San Jose Mercury-News)
Embryonic stem-cell research was born in Wisconsin. It matured in Massachusetts.
But it will grow up in California, nourished by the passage of Proposition 71, which authorizes $3 billion in spending over 10 years, science-policy experts predict. (Login: clipsheet@news.wisc.edu, pass: badgers)
Opportunity and promise: California to soon take the lead in stem cell research (San Diego Union Tribune)
Let the scramble for the cash begin.
By approving a proposition Tuesday that will make $3 billion in state funds available over the next decade for stem cell research, California voters made the state the likely world center for science that may one day lead to treatments for some of the world’s most devastating diseases.
Life-sciences conference to feature novel research with clinical potential (Wisc. Technology Network)
Madison, Wis. ââ?¬â? What does it mean to the biotech community to have a major research facility in your backyard? That question should be thoroughly addressed at the Wisconsin Life Sciences and Venture Conference program named ââ?¬Å?Inside the Labs: Where Science Spawns Novel Therapies.ââ?¬Â The conference will be held November 16 and 17.
State Bets on the Promise of Stem Cell Research (Los Angeles Times)
With the passage of a $3-billion stem cell bond measure, California moves into uncharted territory, becoming the first state to create a massive program to fund a single field of scientific research.
Prop 71: The New Gold Rush (Wired News)
Scientists around the country who study embryonic stem cells may be mourning four more years of President Bush’s restrictive funding policy, but California scientists are throwing a party, and top researchers in less-funded states are hoping for invitations.
Stem cell initiative aids Calif. (San Francisco Chronicle)
Passage of the $3 billion stem cell research initiative, Proposition 71, could help California repeat one of the most celebrated chapters in its business history if one of its most eminent supporters is right.
US business schools reinvent the MBA (Christian Science Monitor)
Since the master’s degree in business administration first appeared decades ago, critics have rapped the MBA as an ivory tower creation with little relevance to real life. Indeed, many MBA graduates barely set foot in a workplace before they land a six-figure salary.
Californians: Stem cells important enough to go into debt for (Wisc. Technology Network)
Californians have approved putting their state into further debt to fund stem-cell research. In election-day polling, 59 percent of California voters approved Proposition 71, which will provide $3 billion in research grants over the next decade.
Voice of the People
“Dear Editor: I’m a downtown resident who loves the isthmus, the campus, and our city as a whole, and I’m angry about what a group who likes to have fun has done to our neighborhoods and to the public image of our city,” writes just one of many whose Halloween-related letters appear in the 11/3/04 Capital Times print edition, page 13A.
Sound Off! on Halloween
Readers call in to sound off about Halloween on State St. and the merchants who “are making tons of money” from it while taxpayers foot the bill for police services. (11//04 Capital Times print edition)
New Web site helps UW grads find jobs
The Wisconsin Alumni Association is running a new Web site that will help UW-Madison graduates find jobs and enable employers to find those job seekers.
Don’t scare away revelers, merchants say: Many want Halloween tradition to remain
State Street merchant John Williamson doesn’t think Mayor Dave Cieslewicz’s threat to discourage Halloween festivities on State Street next year will work. “There is nothing like throwing the gauntlet down to college kids,” said Williamson, owner of Sports World at 510 State St.
NimbleGen gets $12 million venture fund boost
Just months after signing a deal with an industry leader, Madison-based genetic technology company NimbleGen Systems announced that it has raised another $12.75 million in venture funding.