Robert Golden, dean of the UW-Madison’s School of Medicine and Public Health for the past dozen years, leaned into the question as if he wanted no doubt to exist on where he stood. We were in his office in a campus building located a stone’s throw away from University Hospital.
At the University of Wisconsin-Madison in late August, chancellor Rebecca Blank and Foxconn chairman Terry Gou announced the largest industry research partnership in the school’s history.
Ian Robertson, head of the engineering school at the University of Wisconsin-Madison, said that even without Foxconn, the state has a challenge attracting enough engineers.
Ian Robertson, head of the engineering school at the University of Wisconsin-Madison, said that even without Foxconn, the state has a challenge attracting enough engineers. “If you look at our numbers, the answer is no,” said Mr. Robertson, about whether there are enough engineers to supply Foxconn at this stage. The school of engineering currently has 4,500 undergraduates and 1,400 graduate students, he said.
Noted: EatStreet, founded in a University of Wisconsin-Madison dorm room in 2010, is in more than 250 cities nationwide with more than 15,000 restaurant partners.
Then came the Federal Housing Administration, which insured mortgages against default and set new standards for those loans. Hello, 15-year mortgage. “And then basically the FHA kind of keeps pushing it to 20 years, and then 25, and then 30,” said Andra Ghent, who teaches real estate finance at the University of Wisconsin-Madison.
Noted: Investigadores de la Wisconsin School of Business hallaron que los miembros de grupos que compartían las mismas iniciales trabajan mejor juntos que los que no, lo cual conllevaba mejor rendimiento, eficacia colectiva, adaptación al conflicto y precisión.
Noted: Part I in a series.
It’s a story that Madison loves to hear.
Two plucky entrepreneurs, Kevin Conroy and Manesh Arora, are hired in 2009 to revive a moribund health-tech startup in Boston. They have the temerity to move it from the best-known metropolis in the country for medical innovation to the much smaller Madison, where Conroy had run Third Wave Technologies. Their company had but two employees.
It’s a story that Madison loves to hear. Two plucky entrepreneurs, Kevin Conroy and Manesh Arora, are hired in 2009 to revive a moribund health-tech startup in Boston. They have the temerity to move it from the best-known metropolis in the country for medical innovation to the much smaller Madison, where Conroy had run Third Wave Technologies. Their company had but two employees.
It said university towns performed particularly well, and cited Madison’s recent No. 10 ranking by commercial real estate firm Cushman and Wakefield on a list of educated tech cities.
An engineering research team at UW-Madison has invented a device which could dramatically speed up drug development.
Students, staff and community members have a chance this week to learn about the opportunities that Foxconn Technology Group will provide to the University of Wisconsin-Madison.
Foxconn is looking to tap into young talent when it opens its new plant in Wisconsin.
Foxconn is currently recruiting for several hundred positions in Wisconsin. This week, they’re bringing that job search to the UW campus.
After announcing the partnership with UW-Madison, Foxconn will provide an opportunity for students and faculty to engage with the company’s new technology and discuss job outlook.
The Goldie Initiative has assisted over 90 Goldie Scholars at numerous institutions, including the University of Wisconsin-Madison School of Business.
About $1.7 billion is spent on academic research every year in Wisconsin, with the funding coming from a mix of government agencies and private investors. Some people who follow the money say more could be done with it.
For more than a decade, UW-Madison students studying food science or microbiology have had an on-campus brewery to study fermentation processes and conduct quality-control experiments. And in 2015, the university began partnering with Wisconsin Brewing Co. in Verona to bring student recipes to market.
Multi-factor authentication process will be implemented at UW-Madison in order to create a safer online experience for students and staff.
Wissconsin Brewing Co., Heineken and University of Wisconsin–Madison students are partnering to brew the first wild lager brewed in North America.
Getting more women into construction, that’s the goal of new pre-apprenticeship program in our area.
The UW School for Workers and Workforce Development Board of South Central Wisconsin (WDBSCW) is introducing Madison Women In Trades, a series to recruit more women into careers like electricians, carpenters and heavy equipment operators. Applications are being accepted now and the program is free for up to 20 women. It is sponsored by grant money from the state to the University of Wisconsin system.
Noted: Money spent by the firm elsewhere in Wisconsin, such as the $14.9 million it paid for a downtown Milwaukee office building or the up to $100 million it has pledged to the University of Wisconsin-Madison, will not count toward the investment tax credits.
Quoted: “Once you get to that kind of industry concentration, it’s not about differentiation, it’s about pricing power,” said Hart E. Posen, an associate professor of management at the University of Wisconsin-Madison’s School of Business. “With two or three big competitors dominating the industry, it’s not about rivalry because one firm knows that if they lower prices, the other firm will have to lower prices. If one firm invests in substantial differentiation, then the other firm will — and no one will necessarily be better off.”
Apple won its appeal of a patent infringement case brought against the company in 2014 by the University of Wisconsin at Madison, the Milwaukee Journal Sentinel reported. A federal appellate court in Washington, D.C., threw out part of the $506 million in damages originally awarded to the university by a federal court in Madison. It’s unclear how much has been thrown out.
A federal appeals court on Friday threw out a $506 million damages award against computer-maker Apple Inc. that had been awarded to the Wisconsin Alumni Research Foundation after a jury in Madison found in 2015 that Apple had infringed on a WARF computing patent.
Apple has won an appeal of a patent infringement case originally brought by the University of Wisconsin-Madison, according to a report from the Reuters news service.
Apple Inc. will no longer need to pay $234 million in damages to the licensing arm of University of Wisconsin over patent infringement after a federal appeals court ruled in the tech company’s favor.
Apple Inc persuaded a federal appeals court on Friday to throw out a $234 million damages award in favor of the University of Wisconsin-Madison’s patent licensing arm for infringing a patent on computer processing technology.
The problem of energy storage has led to many creative solutions, like giant batteries. For a paper published today in the journal Chem, scientists trying to improve the solar cells themselves developed an integrated battery that works in three different ways. It can work like a normal solar cell by converting sunlight to electricity immediately, explains study author Song Jin, a chemist at the University of Wisconsin at Madison. It can store the solar energy, or it can simply be charged like a normal battery.
Quoted: Despite the shortage, housing in Wisconsin is particularly affordable right now, said Mark Eppli, director of the Graaskamp Center for Real Estate at the University of Wisconsin-Madison.
The average cost of a house in the portion of the state that runs roughly from Fond du Lac to Green Bay in July was $157,000. The mortgage interest rate was about 4.5 percent, according to Eppli.
“In the state of Wisconsin, housing is really affordable (now),” Eppli said. “You need a job that makes $20 an hour; you could buy an average home in Appleton.”
Noted: Future debt crises may be inevitable, but who pays the piper could mitigate the damage. So says a new paper by Dean Corbae (University of Wisconsin) and Ross Levine (University of California) presented at this year’s Jackson Hole Economic Symposium, “Competition, Stability and Efficiency in Financial Markets” https://www.kansascityfed.org/~/media/files/publicat/sympos/2018/jh080818revised.pdf?la=en, which suggests banks operate more like partnerships, with senior executives having “material skin-in-the game, so that those determining bank risk have a significant proportion of their personal wealth exposed to those risks.”
Noted: The University of Wisconsin-Madison advertises that two of its specialized MBA programs, in operations and technology management and supply-chain management, were the first U.S. MBA programs to earn stem designations. Greg DeCroix, the director of the MBA in supply-chain management, told me in an email, “We are seeing very high-caliber international applicants these past few years—excellent academic credentials and great work experience—and we believe the stem designation has contributed to that.”
Noted: Prior to Actuant, he held product management and operational leadership roles at IDEX Corp. and Eaton Corp. Bockhorst earned a bachelor’s degree in operations management, marketing and human resources from Marian University and an executive MBA from the University of Wisconsin-Madison.
At the University of Wisconsin-Madison and the University of California, San Diego, researchers have gone the extra mile to make advanced backscatter devices, and these new tags don’t need the discrete components we have seen in previous versions. They are calling it LiveTag, and it doesn’t need anything aside from a layer of foil printed or etched on a flexible ceramic-PTEF laminate. PTEF is mostly seen in the RF sector as a substrate for circuit boards.
Noted: Altogether, that means our sense of touch can impact our buying decisions. But don’t take my word for that. Ask Joann Peck, a marketing professor at the Wisconsin School of Business; she’s one of the foremost experts on the study of haptic marketing.
The University of Wisconsin—Madison is exploring ways to incorporate cross-disciplinary content across a school of about 31,000 undergrads, says Suzanne Dove, assistant dean for academic innovations at the university’s Wisconsin School of Business.
The University of Wisconsin-Madison and Foxconn Technology Group will manage their new research partnership largely behind closed doors, documents detailing the agreement show.
The current agreements offer options of “cost sharing” in order to encourage new faculty members to join the new institution.
The University of Wisconsin-Madison and Foxconn Technology Group will manage their new research partnership largely behind closed doors, documents detailing the agreement show.
It took me 33 years to make it to Madison, Wisconsin, and I grew up a state away in Michigan. To be fair there is a giant lake between us. Why now? Madison has momentum.
MADISON, Wis. – Kids and teens spend plenty of time playing video games, but new evidence from the University of Wisconsin-Madison study suggests certain games may be good for their brains.
To broaden participation in STEM programs and fields, the National Science Foundation has awarded a five-year, $10 million INCLUDES Alliance grant to be co-led by UW-Madison’s Center for the Integration of Research, Teaching, and Learning (CIRTL) and the Association of Public and Land-grant Universities.
The National Science Foundation revealed a $10 million award to boost involvement in STEM programs at UW-Madison. This will also prove as an opportunity to provide underrepresented students with the chance to thrive in the program.
The University of Wisconsin received a $750,000 grant Friday to establish a biomanufacturing initiative, which officials say will encourage growth in the Wisconsin industry.
Noted: The company, founded in a dorm room at the University of Wisconsin-Madison in 2010, has become a real player in the online food-ordering business across the United States. EatStreet connects diners in more than 250 cities to more than 15,000 restaurants.
Supporters of the partnership between Foxconn and UW-Madison consider it an opportunity to encourage academic research, while critics question the integrity of private funding and safe workspaces.
Phoenix, formerly Phoenix Nuclear Labs, was established in 2005 based on research that began at UW-Madison.
New businesses account for nearly all net new job creation.
New businesses account for nearly all net new job creation. That simple fact, supported by research from the Ewing Marion Kauffman Foundation, cuts through all the political rhetoric about building a growing economy, the holy grail of every state or region. Unfortunately, the Milwaukee area has lagged in most measures of entrepreneurial activity in recent years, falling to 33 out of 40 in the most recent rankings from Kauffman, which conducts research and advocates for entrepreneurship.
The combined $200 million is part of the university’s ongoing $3.2 billion All Ways Forward fundraising campaign. Foxconn’s funding will primarily support a new building for the College of Engineering on the UW-Madison campus, while any facilities related to the FIRST initiative are still to be determined, the representative said, noting that “there is no predetermined list” of university departments that will have access to the interdisciplinary program. Foxconn’s contributions will also help provide opportunities for internships and applied learning in campus labs.
Foxconn Technology Group continues to make its presence felt in the Wisconsin business community. The latest move: The Taiwanese contract manufacturer is forming a $100 million early-stage venture capital fund with three of the Badger State’s leading companies and organizations.
Foxconn, a leading Taiwanese contract manufacturer constructing a huge electronic display assembly plant in Southeastern Wisconsin, announced a $100 million gift to the state’s flagship public university Monday. The company’s gift to the University of Wisconsin-Madison will support research and development of new technologies statewide, Foxconn said.
Noted: UW associate professor and retail expert Hart Posen joined Wisconsin’s Morning News with his analysis. You can hear the full interview below.
Noted: Last year, Duke University’s Fuqua School of Business added to its full-time MBA program a certificate in management science and technology management that allows students to be STEM-certified (see Fuqua Hikes MBA Appeal To Internationals). Two years ago, the University of Wisconsin School of Business gained STEM certification for two specializations–supply chain management and operations and technology management–in its MBA program. And many more schools, including Rochester, boast specialty master’s programs in quant heavy business disciplines that also are STEM certified.
Noted: Then, there is Penn State University’s Smeal College of Business. Smeal boasts a 62.8% yield – a percentage that’s 10 points or better than Northwestern Kellogg, Chicago Booth, Dartmouth Tuck, and Michigan Ross. Smeal’s secret? High standards and consistency. Although the program received 62 fewer applications during the 2016-2017 cycle, it managed to enroll two more students. Even more, it raised average GMAT by two points and lowered its acceptance rate by a point to 17.1% – two points better than Wharton, the pride-of-Pennsylvania. The Wisconsin School of Business performed a nearly identical feat. Despite collecting 174 few applications during the last cycle, it still manage to raise yield by 10 points to 61.6%. At the same time, it raised average GMAT by nine points, while maintaining a respectable 30.4% acceptance rate – just four points higher than the previous year.
Leaders of Foxconn Technology Group and the University of Wisconsin-Madison are planning to make what they call a “major announcement” on campus Monday.
Quoted: If the company entered this market, “Google is going to hands down beat any other player just with the sheer number of advertisers that they already have,” said Paul Hoban, assistant professor of marketing at the University of Wisconsin-Madison’s business school. “They already have the auction mechanism built up from the display ad framework.”
The UW System had a $24 billion impact in Wisconsin last year, representing a 23-to-1 return on investment for the state, according to a recent economic study.
After graduating from the University of Wisconsin, Brueggeman moved to Beijing, China. While living there, he saw scores of small electric vehicles on the road and how they dramatically affected the way people moved and saw the world.
DataChat, founded by UW-Madison computer sciences professor and serial entrepreneur Jignesh Patel, analyzes data to give business leaders the type of information they need to make decisions.
