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Category: Business/Technology

Tech and Biotech: Virent tabs high-level consortium to get its biofuels to market; Cellectar to hold study with UW-Madison

Wisconsin State Journal

Virent — the Madison company with a process to turn sugars from corn stalks into the makings for jet fuel, polyester t-shirts and recyclable plastic bottles — will become part of a consortium of high-level, international companies that will work together to bring Virent’s biofuels and chemicals to market.

On Retail: Some suggest co-op model for Room of One’s Own bookstore

Wisconsin State Journal

Noted: Sandi Torkildson, who helped found A Room of One’s Own in 1975, has invited a representative from the UW-Madison Center for Cooperatives to give an informational presentation Tuesday at 7:30 p.m. at the bookstore, located at 315 W. Gorham St. Torkildson, who announced in June that she was putting the store up for sale, said she has had several customers inquire about the feasibility of a co-op, but there was no organized effort. The meeting is simply a way to bring those interested in a co-op model together and to learn about that type of business model.

StartingBlock Reaches Funding Goal, Moves Closer to Groundbreaking

Xconomy

StartingBlock Madison, a still-to-be-built entrepreneurial center just east of downtown in Wisconsin’s capital city, took another major step forward this week. The nonprofit organization says it has met its $3 million fundraising goal and, with that piece in place, can continue working toward a groundbreaking planned for later this year.

Carbon nanotube transistors promise faster, leaner processors

Engadget

The computing industry sees carbon nanotube transistors as something of a Holy Grail. They promise not just faster performance and lower power consumption than silicon, but a way to prevent the stagnation of processor technology and the death of Moore’s Law. However, their real-world speed has always lagged behind conventional technology… until now, that is. University of Wisconsin-Madison researchers have created what they say are the first carbon nanotube transistors to outpace modern silicon.

All Facets of Faculty

BizEd Magazine

Few professors can be devoted to research, inspired by teaching, committed to service, and driven to lead—but all have different talents to contribute to an institution’s mission. That’s why business schools are adopting more formal, flexible, and comprehensive frameworks that enhance and reward all of the strengths they bring to the table.

The 10 Best Universities on Twitter

Universities.com

Ranked No. 10, UW-Madison: This university has pride like none other. While many fail at the art of bragging modestly, UW-Madison proves through retweets from current students and big name publications like TIME, that whether it be their gorgeous sunsets or their outsourcing of the top CEOs, they are proud of their accomplishments.

Behind every startup, there’s a story

Isthmus

By any measure, Jon Hardin is the portrait of millennial entrepreneurial success. His name is on the door of one of Madison’s oldest and most successful tech companies. And he made the UW-Madison Alumni Association’s Forward Under 40 list when he was just 25 years old.

Style Psych 101: How to explain your fashion-centric behaviour

Globe and Mail (Canada)

Noted: Joann Peck, associate professor of marketing at the Wisconsin School of Business, has conducted numerous studies on haptics, the science of tactile sensations, and how it influences shoppers. Peck has found that when customers handle an item “they’re going to value it more, so they’re going to be more likely to purchase it and often to pay more for it,” she says, because the action increases people’s sense of psychological ownership.

A backup plan may set your job search up to fail

Los Angeles Times

Jihae Shin of the Wisconsin School of Business at the University of Wisconsin and Katherine Milkman of the Wharton School at the University of Pennsylvania carried out a series of studies to investigate how forming a backup plan affected people. The research was inspired by a conversation the two had when Shin was a PhD  student of Milkman’s at Wharton and was thinking about how to land a job in academia.

A celebration of startups: Forward Fest kicks off its eight-day run on Thursday

Wisconsin State Journal

Noted: Technology of all types is still the No. 1 theme, but this year, new events include a talk on “Earth Futures” by Paul Robbins, director of the UW-Madison’s Nelson Institute for Environmental Studies; Code Madison Forward, where student teams compete to create an interactive website; and Microbrews for Microfinance, a fundraiser hosted by Madison nonprofit Wisconsin Microfinance to raise awareness and funds for entrepreneurs in Haiti and the Philippines.

UW-Madison would allow Amazon to use Red Gym

Milwaukee Journal Sentinel

The University of Wisconsin-Madison has negotiated a tentative agreement with Amazon for a brick-and-mortar shop in the historic Red Gym, where students, faculty and staff could pick up online purchases at a central, secure location — a deal that would earn the university at least $100,000 in commissions annually.

Can curiosity help us make healthier choices?

Toronto Star

Noted: With fortune cookies in hand, American researchers at the University of Wisconsin-Madison and Northwestern University approached 100 people and offered them the choice between the plain cookie and the chocolate-dipped one, at first without the promise of a revealing fortune. In this control group, the less-healthy cookie was far more tempting — with around 80 per cent of participants picking it.

Tesla executive to speak in Madison

Milwaukee Journal Sentinel

Noted: “It used to be that innovations that spawn or destroy entire industries would happen very infrequently,” said Witek, who has an undergraduate degree from the University of Wisconsin-Madison. “Now major disruptions that can be life-threatening to industries or companies are emerging almost annually.”

Stratatech, maker of replacement for skin, to be sold

Milwaukee Journal Sentinel

Noted: Stratatech was founded by University of Wisconsin-Madison researcher Lynn Allen-Hoffmann in 2001. After watching a surgeon operate on a farmer who had suffered third-degree burns across 95% of his body, she transformed her research into a company that would focus on developing a skin replacement created with actual human cells.

Merging Medicine and Entrepreneurship: UW Health Docs Share Lessons

Xconomy

By the time Hans Sollinger helped launch a company for the first time, in 2004, he had performed hundreds of pancreas transplants. In the process, he had built a reputation as a prolific surgeon whose experience few of his peers could match. Sollinger, who practices at the University of Wisconsin Hospital and Clinics, also known as UW Health, said that the high demand for his services over the years made his first foray into entrepreneurship somewhat jarring.

Teaching from a distance

Isthmus

Education is going through radical changes. Chalkboards have evolved into SMART Boards, and massive open online courses (MOOCs) have replaced some classes. Teachers and professors can lecture from across town or around the world.While ostensibly a boon for educators, technology is also causing confusion and uncertainty. “Technology can be disruptive, and a lot of these new innovative, instructional technologies have created a disruption within our traditional system,” says Les Howles, director of UW-Madison’s Division of Continuing Studies’ Distance Education Professional Development. “It’s forcing us to think about teaching, learning and learners in new ways.”

Madison game developers feel impact of Pokemon Go

Capital Times

Quoted: Believe it or not, this game is not Pokemon Go. It’s actually Kkomamon — an augmented reality game developed as something of an experiment at the University of Wisconsin-Madison four years ago, well before Niantic’s smash hit was even in development.”We were working with this game to increase physical activity in kids,” said David Gagnon, the program director of the Field Day Lab, a team of educational researchers, developers and designers who work at the intersection of education and new technology.

Auto Insurance Rates Rising

Fox Business

Noted: Insurance companies are passing these costs onto you, the consumer, in the form of higher auto insurance premiums, says Joan Schmit, distinguished chair of risk management and insurance at the University of Wisconsin-Madison.

How ‘Nostalgic’ Foods & Drinks Are Making A Comeback

Wisconsin Public Radio

The classic Wisconsin soda ‘Jolly Good’ are making a comeback with products soon to be sold by retailers statewide. Interviewed: Page Moreau is the John R. Nevin Chair in Marketing at the Wisconsin School of Business and Assistant Professor of Marketing at Leeds School of Business at University of Colorado. She is also an Associate Editor at the Journal of Consumer Research.

More MBA Grads Are Piling On Six-Figure Student Debt

Fortune

Noted: And there are plenty of schools where MBA debt is a mere fraction of the total load taken on by grads of elite business schools. At the University of Wisconsin’s Business School in Madison, the average debt burden for graduating MBAs was $15,481, $106,889 less than Wharton’s average, while the first-year median comp package was $114,694, just $31,609 below the median pay for a Wharton grad.

MBA Debt Burden Looms Larger Than Ever

Poets and Quants

Noted: And there also are plenty of schools where MBA debt is a mere fraction of the totals at the elite business schools. At the University of Wisconsin’s Business School in Madison, the average debt burden for graduating MBAs was a mere $15,481–$106,889 less than Wharton’s average–while the first-year median comp package was $114,694–just $31,609 below the median pay for a Wharton grad.

The Consortium, Born In A Turbulent Time, Marks 50 Years

Noted: The class that starts this fall at the Consortium’s 18 schools — expanded from the original three, the University of Wisconsin-Madison, Washington University in St. Louis, and Indiana University-Bloomington — will be a record 490 students strong, up from those original 21, says Consortium Executive Director and CEO Peter Aranda. Thirteen members of that first class graduated with their MBA; this year the number was 411.

Fred Lee, The UW Radiologist With Startup Vision

Xconomy.com

Fred Lee is not afraid to put himself out there. Lee is a radiologist at the University of Wisconsin Hospital and Clinics, where his primary area of interest is the ablation, or elimination, of cancerous tumors. He says that around the year 2000, he decided that the radio frequency ablation devices he and his colleagues were using “were just not good enough.” But since Lee’s background wasn’t in engineering, he had to reach out for help.