Taiwanese flat screen maker Foxconn has announced that it is purchasing a building on the Capitol Square to make it easier for local protesters to gather at the building to denounce the $4 billion subsidy for the company, its skirting of environmental regulations and its history of backing out on its agreements.
Guests: Julie Margetta Morgan, a fellow at the Roosevelt Institute, specializing in college affordability and finance issues; Fenaba Addo, assistant professor of consumer science at the University of Wisconsin-Madison.
Quoted: “We make a great team,” added Karen Nielsen, who heads up Global Dairy Outreach in Madison. “Even though she’s in Vermont and I’m in Wisconsin, we’ve worked a lot to help those in the dairy industry.”
Foxconn Technology Group added to its real estate portfolio across Wisconsin with Friday’s announcement that it has agreed to purchase a landmark office building near the state Capitol.
Foxconn Technology Group announced Friday it will soon buy a building on Capitol Square as its off-campus hub to collaborate closely with UW-Madison faculty and students on research in medical, material, computer and data sciences.
Lloyd has 25 years of experience, previous positions at Harvard, University of California-San Francisco.
The University of Wisconsin-Madison and the South Dakota State University robotics teams won the Land O’Lakes Bot Shot competition held Sunday afternoon at DeLaSalle High School.
Quoted: Risk management is something that Jon Eckhardt — the director of the Weinert Center for Entrepreneurship at the Wisconsin School of Business — said often gets overlooked by the general public.
“When they read about a company that worked out really well, what they’re missing is all the effort and money and energy that went into companies that didn’t work out,” he said.
Novomoto began in 2017 after spinning off from UW-Madison, and the company has grown quickly under co-founders Olson and Mehrdad Arjmand. At the end of 2017, the company had 20 paying customers, and Olson and Arjmand managed to grow that tenfold by the end of 2018.
Quoted: “They are clearly distinguished from the rest of the pack,” said Hart Posen, an associate professor of management at the University of Wisconsin-Madison School of Business.
Quoted: India has already instituted a Warren-like rule to prevent e-commerce platforms from selling their own products on the platform. “We should go back and understand the wisdom of that kind of separation,” said Peter Carstensen, a professor emeritus at the University of Wisconsin Law School. “We would never want the interstate highway system to be owned by Walmart. It simplifies the market functions if you separate them out.”
Noted: Yi Fuxian is a senior scientist at the University of Wisconsin-Madison and author of Big Country with an Empty Nest
Quoted: It’s valued at roughly $5 billion per metric ton or more, according to Gerald Kulcinski, director of the Fusion Technology Institute at the University of Wisconsin-Madison and a former member of the NASA Advisory Council. (Gold’s value is roughly $42 million per metric ton.)
Quoted: Steven Deller, interim director of the Center for Community & Economic Development at the University of Wisconsin-Madison, said the report confirms trends seen in Wisconsin as jobs shift away from manufacturing.
“It was possible to barely make it out of high school and land a job at a manufacturing firm making decent wages,” Deller said. “Many of (those jobs) are going overseas and a lot of the jobs that we’re generating now are in the service sector and they simply don’t pay those kind of wages.”
Quoted: “When I started business school, I expected to be supplied with formulas and ample information to always make the right decision,” admits the University of Wisconsin’s Anders Larsen. “In reality, I learned that business is messy, and you never have all the information you want to make a decision. You learn to make decisions based off what information you have; and you learn when that information is enough or when you need to find more.”
Quoted: “It’s very much a matter of your perspective,” said Mark Stephenson, director of dairy policy analysis at University of Wisconsin-Madison and chairman of Dairy Task Force 2.0, a committee of Wisconsin dairy farmers and others that aims to chart a course for the dairy industry’s future.
This idea—first implemented at a few universities, including the University of Wisconsin-Madison—is where students are tasked with solving biomedical and clinical problems for a client under the advisement of a BME professor.
Meena Syamkumar, a sixth-year doctoral student from India in the Department of Computer Sciences at the University of Wisconsin—Madison, has completed summer internships at Cisco and Microsoft. Her research interests are in internet measurements and analysis, cloud computing and software-defined networking
Despite the coast-to-coast glut of well-paying jobs in tech professions such as coding, cybersecurity and network management, the pipeline of potential workers is much smaller than what observers would prefer.
There’s a new startup accelerator on UW-Madison’s campus. The Isthmus Project aims to nurture and help commercialize innovations hatched at the University of Wisconsin Hospitals and Clinics (UW Health) and the university’s School of Medicine and Public Health.
Computer wonks are not the only ones who can come up with good ideas for new technology and companies. So can doctors, nurses and medical school students. That’s the idea behind a new accelerator on the UW-Madison campus that is designed to move inventions specifically from UW Health or the UW School of Medicine and Public Health to the market.
The city and UW-Madison have been key participants in the quest to make autonomous vehicles part of the transportation system. In early 2017, the U.S. Department of Transportation chose UW to be one of 10 automated vehicle proving grounds in the U.S.
While the closings have the potential to disrupt some Wisconsin communities, it also creates opportunities in smaller communities, said Steve Deller, a professor at the University of Wisconsin-Madison who specializes in economic growth and community economic development.
The centers provide entrepreneurs with new or existing businesses personalized consulting services to start, manage and grow their businesses. The program was founded in 1980 and in Wisconsin is part of UW Extension.
The trio has been friends since middle school and launched their first business, Greek Street food cart, while still in college at UW-Madison. As their graduation approached, they knew they wanted to start another business on a larger scale.
As a direct result, the US’ fiber optic cable system closely follows the old railway and highway routes, because their rights-of-way still permit telcos to use narrow strips of land adjacent to these routes. In 2015, a research team led by University of Wisconsin, Madison, computer science professor Paul Barford,
Noted: One study by the University of Wisconsin Extension estimates the four-day Birkie weekend brings an estimated $4 million to the local economy. More than half of the skiers and spectators pay for lodging during the weekend, according to a survey of Birkie participants.
Noted: A study by the Wisconsin School of Business suggests that when you regularly complete clear-cut tasks, it starts to impact your ability to creatively problem solve.
Quoted: Dr. Aleksandra Zgierska, a family doctor who practices and researches addiction medicine at UW Health, remains skeptical of CBD. “The research on CBD oil has not been sufficient to say that this is evidence-based treatment for x, y or z,” she says.
Quoted: “This downward cycle has been brutal,” said Kevin Schoessow, a University of Wisconsin-Extension agent in Washburn County.
A new video game created at UW-Madison is helping teachers in Wisconsin generate excitement in the classroom.
“Economies grow and decline for a complex set of reasons,” said Andrew Reschovsky, professor emeritus of public affairs and applied economics at the University of Wisconsin. “One must be very careful in attributing any economic change to a specific policy
Google isn’t the only tech company based outside of Wisconsin that has been drawn to Madison by its lower costs, hard-working culture, and relatively strong talent pool, driven in part by a respected computer science program at UW-Madison. Other tech firms with Madison offices include San Francisco-based software company Zendesk, which in October opened new local digs with room for more than 400 employees.
MADISON, Wis. — Electronics giant Foxconn reversed course and announced Wednesday that the massive Wisconsin operation that was supposed to bring a bounty of blue-collar manufacturing jobs back to the Midwest — and was offered billions of dollars in incentives from the state — will instead be devoted mostly to research and development.
Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus, and said it intends to hire mostly engineers and researchers rather than the manufacturing workforce the project originally promised.
Keevil launched Madison, WI-based HealthDecision in 2004 while he was a cardiologist at the University of Wisconsin Hospitals and Clinics, aka UW Health.
Noted: “Expanding naloxone access increases opioid abuse and opioid-related crime, and does not reduce opioid-related mortality. In fact, in some areas, particularly the Midwest, expanding naloxone access has increased opioid-related mortality. Opioid-related mortality also appears to have increased in the South and most of the Northeast as a result of expanding naloxone access,” wrote Jennifer Doleac, PhD, Texas A&M University, and co-author Anita Mukherjee, PhD, University of Wisconsin.
Noted: The University of California at Berkeley has removed a Huawei video-conferencing system, a university official said, while the UC campus in Irvine is working to replace five pieces of Chinese-made audio-video equipment. Other schools, such as the University of Wisconsin, are in the process of reviewing their suppliers.
Quoted: University of Wisconsin-Madison marketing professor Kevin Chung sees good reason for insurers to keep their names before the public. In a hyper-competitive insurance market in which consumers shop only infrequently, it’s very important for companies to be on consumers’ minds, Chung said by email.
That’s one reason why insurance advertisements — think of Geico — tend to be memorable and interesting, he said.
“With this being said,” Chung added, “there is no study in marketing that I know of that has convincingly shown that sponsorship via stadium naming rights led to increased awareness and ultimately to more sales in insurance products.”
Foxconn sponsored competition encourages technological innovation, collaboration
Interview with Phil Greenwood, senior lecturer at the Wisconsin School of Business.
About 40 members of the 54-member Wisconsin Technology Council attended the session in University Research Park, in one of Exact Sciences’ buildings.
Similar to Pittsburgh, Madison, Wisconsin is another city relying on its university community for its bread and butter. The city’s nonprofit Wisconsin Alumni Research Foundation (WARF) Accelerator Program is the nation’s first designated patent and licensing organization. Since 1925, the organization has provided everything from funding to advice to turn research and innovation that comes out of the University of Wisconsin-Madison (UW-Madison) into commercially promising technologies.
Noted: Jirs Meuris, of the University of Wisconsin Business School, explains why this cautious approach is even more important than it may seem. In a research paper last fall, he discussed studies showing that the more worried employees were about their personal finances, the more accident- and error-prone they were in their work.
Vallabh Sambamurthy has also served business schools at Florida State University, University of Maryland.
Sambamurthy is currently an Eli Brad Professor and associate dean of the MBA and professional master’s programs at the Broad College of Business at Michigan State University.
The U.S. Court of Appeals for the Federal Circuit said Jan. 7 it wouldn’t reconsider its September ruling that cleared Apple of a claim it infringed a University of Wisconsin-Madison patent for a way computer processors execute instructions.
Noted: Hart Posen, an associate professor of management and human resources, is the guest.
UW-Madison cardiologist Timothy Kamp, director of the UW Stem Cell and Regenerative Medicine Center, was a co-founder of Cellular Dynamics and said the expansion is a significant development for the company and for the community.
Noted: Deepak Shrestha went to school at UW-Madison, but the couple met in Nepal when he was home on summer break. They settled in Madison in 1988, and Archana says her family has felt “really welcome here.” She and her husband both work other jobs — he’s an engineer, she works for UW-Madison’s University Research Park. Adding a restaurant to the mix will keep them busy, but they’re up to the challenge. “We’ll see how it goes,” Archana says.
UW-Madison’s patent-licensing arm actively concealed information from another university about their shared patent, misled its research partner about the patent’s true financial value and kept 99 percent of the patent’s royalties to itself, according to a federal judge’s ruling.
University of Wisconsin-Madison researchers may have come up with a new solution for treating morbid obesity: A small device that when surgically attached onto a person’s stomach can make someone feel more full after eating.
A tiny weight-loss device developed by UW-Madison researchers could someday be implanted on people’s stomachs to trick their brains into thinking they’re full.
Attorneys for the Wisconsin Alumni Research Foundation recently appealed a court ruling that said the organization owed Washington University $32 million.
Noted: Lipscomb said she and her team — Terence Johnson at the University of Notre Dame, Laura Schechter at the University of Wisconsin-Madison, and Jean-Francois Houde at the University of Wisconsin-Madison — did not set out to oversee the system long-term. The professors worked with an NGO and handed the project off to Senegal’s government after finishing their research in 2016.
University of Wisconsin-Madison scientists believe they may have come up with a way to stem the tide of obesity-related disease and illness and improve quality of life for hundreds of millions of people worldwide who suffer from weight problems. These scientists have created what they say is a safe and easily implantable weight-loss device that in lab experiments, aided rats in shedding nearly 40% of their body weight.
Engineers at the University of Wisconsin-Madison have developed a small implant that could prove to be a major breakthrough in the battle against obesity. Using the recent strategy of vagus nerve stimulation (VNS), the implant has led to a 40 percent body weight loss in rats.
Noted: Rikhil R. Bhavnani and Mark Copelovitch, associate professors of political science at the University of Wisconsin–Madison, say:
Greater Madison Chamber of Commerce president Zach Brandon said the Milken report shows the value of “supporting and investing in a world-class research university” and the importance of learning through experience.
We have seen Foxconn make plans for “innovation centers” here in Racine, in Madison, Green Bay, Milwaukee and Eau Claire to support its high tech plant plans; we have seen it partner with the University of Wisconsin-Madison and with local universities and colleges to enhance training and skill development for workers and system processes; we have seen Foxconn pledge to mitigate environmental impacts by developing a zero liquid discharge wastewater treatment system that will more than halve its water needs at the Mount Pleasant campus — a state of the art system that was not required in its contract with Wisconsin.
