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Category: Business/Technology

Campus entrepreneurism moves from fad to fixture for students, faculty

Wisconsin State Journal

Tom Still column on campus innovation: “UW-Madison remains one of the nation’s research powerhouses and was ahead of the curve in offering pathways for entrepreneurs. But even that campus has experienced a post-2000 explosion in programs for students and faculty who want to convert ideas into businesses or other ventures. Across the rest of the UW System, most four-year campuses have committed to undergraduate research, industry connections and entrepreneurship training and built support systems to match. The same goes for many of Wisconsin’s private colleges and universities, notably many in the Milwaukee region, as well as the state technical college system.”

Business, Engineering and Tech Grads Lead the Class of 2016

GoodCall News

Quoted: And business students are in demand because they have a great balance of hard and soft skills, according to Amanda Earle, associate director of career advising at the Wisconsin School of Business at the University of Wisconsin-Madison. “Business students are trained to be able to dive into data, make meaning and connections with the data, and then tell a clear and concise story through written and oral communications to both internal and external stakeholders.”  Earle says the ability to understand data and know how to effectively communicate it is crucial to helping businesses make important decisions for the bottom line.

Is filing a patent worthwhile?

Herald Tribune

Quoted: File your patent early or opt for secrecy. Martin Ganco, associate professor of management and human resources at the Wisconsin School of Business, advises, “A small-business owner should consider filing a patent as early as they have a patentable technology. It can be in the early stages. It is a common mistake to think that a fully functioning prototype is needed to apply for a patent. In rare cases, if the patent provides weak protection, it may be better to opt for not patenting and opt instead for secrecy.”

Phoenix Nuclear Labs raises another $790,000

Milwaukee Journal Sentinel

Noted: Phoenix was founded in 2005 by Greg Piefer, who received his PhD in nuclear engineering from the University of Wisconsin-Madison. Shine Medical Technologies Inc., a Middleton company that is seeking approval from federal regulators to build a medical isotope production plant in Janesville, was spun out of Phoenix in 2010.

Shine Medical Technologies raises $11.5 million in additional financing to build Janesville plant

Milwaukee Journal Sentinel

Noted: Shine, which grew out of technology developed at the University of Wisconsin-Madison, signed a long-term agreement in 2014 to supply moly-99 to GE Healthcare. Tests conducted by the two companies in November showed that moly-99 made with Shine’s proprietary method worked with GE’s equipment and processes, proving its market viability.

Banking on stem cells at Cellular Dynamics International

Wisconsin State Journal

Founded by UW-Madison’s renowned stem cell pioneer James Thomson in 2004, CDI has been inking powerful deals and gradually adding staff as it has set about to become the premier source for stem cells in the world. In a meeting with the Wisconsin State Journal this week, Kazuyoshi Hirao, CDI’s new chairman and CEO, and Chris Parker, executive vice president and chief business officer, said the company, at 525 Science Drive, will stay in Madison and will continue to grow here.

David D. Haynes – Let’s talk about economic security

Milwaukee Journal Sentinel

Noted: National security quite rightly has dominated our political debate in recent weeks, but I can’t think of a more important issue for Wisconsin and the nation than economic security. The Journal Sentinel opinion pages will focus on this concern as we close out 2015 and move into the presidential election year of 2016. That conversation begins Sunday in Crossroads when we will publish commentary on the Pew report by Salim Furth, a researcher at the Heritage Foundation, and from the Center on Wisconsin Strategy at the University of Wisconsin-Madison.

FDA regulations on raw milk cheeses concern local cheese makers

Channel3000.com

Quoted: Marianne Smukowski, a dairy safety application coordinator at the University of Wisconsin Center for Dairy Research, says that the non-toxigenic E. coli can serve as an “indicator organism” that may show the presence of harmful pathogens in food. She says 95 percent of raw milk cheeses checked in one FDA test did not show them, which is why in part she’s unclear as to why the FDA is using that as a new testing issue.

“I don’t know why the FDA is pushing for it,” Smukowski said. “They decided to implement it based on some of the results they have seen in their assignment.”

Wisconsin companies saluted as ‘Green Masters’

Milwaukee Journal Sentinel

Quoted: “I know the privilege of being recognized in front of your peers is a big incentive for companies to continuously improve,” said Tom Eggert, who teaches sustainable business at the University of Wisconsin-Madison and serves as executive director of the council. “The competitive nature of staying at the front of the pack causes Wisconsin companies to rise above their peers from other states.”

The Hottest New MBA Is Not an MBA at All

Fortune

Noted: Discussing the growth of specialized master’s programs as alternatives to an MBA, the article says, “[O]nce you get down into the lower half of the top 50 B-schools, you’ll find a program for just about any career direction, from biotechnology management at the U.C. Irvine Merage School, to global real estate at the Wisconsin School of Business[.]”

Nuclear energy: business-friendly and climate-safe

Milwaukee Journal Sentinel

Noted: Author John Williams is the director of the Nelson Insitute’s Center for Climatic Research and Professor of Geography at UW-Madison. Paul Wilson is the interim chair of the Nelson Institute’s Energy Analysis Policy Certificate and professor of nuclear engineering in the Engineering Physics Department at UW-Madison.

Local business tackles Cyber Monday for the first time

NBC15

Quoted: Jerry O’Brien [executive director, The Kohl’s Center for Retailing Excellence], says this trend of “online and not in-line” has been revving its engine for a while now. Online shopping may not be beating regular old shopping in person, but it’s getting there.

“The growth has been consistent. The past four years it’s had dramatic growth, so there’s obvious a trend where we have more people every year, and this past weekend it looks like more than 20 percent of the people took advantage of it so it’s a growing trend,” explained O’Brien.

Busy Cyber Monday shows renewed faith in online shopping, experts still caution safety online

WKOW TV

Noted: “What happened to Target’s website this morning, to me, this doesn’t necessarily represent a hacking attempt or a theft of credit card information, but rather people showing they have confidence in the online retailers and Target’s site is just overwhelmed with shoppers,” UW-System Chief Information Security Officer Nicholas Davis explains.

Drop in academic R&D spending should worry policy-makers

Milwaukee Journal Sentinel

The latest figures on academic research spending in the United States provide, on the surface, some reassuring news for Wisconsin. For starters, the University of Wisconsin-Madison held its position as the nation’s fourth-largest research and development powerhouse. Lurking under the waves, however, are currents that should send a chilling message to policy-makers who believe the state can continue to reduce support for higher education — especially basic research — without taking on water over time.

UW-Madison department gets large donation

WKOW TV

UW-Madison’s computer sciences department has received a $5 million donation from a Milwaukee businessman and his wife.

The university announced the donation from Sheldon and Marianne Lubar on Friday. Other Badger alumni, John and Tashia Morgridge, matched $2 million of the Lubars’ donation, making the total donation $7 million.

Madison Style: Finding a new home for ‘better brands’

Wisconsin State Journal

Noted: Before opening Simply Savvy, Dubas completed entrepreneurial training at the UW-Madison School of Business. She recognized the need and benefits of clothing consignment as a mom, when she often sold her children’s clothes at a local consignment shop. When that shop was closing, she helped the owner clear out her inventory and discovered a knack for the retail niche. The business also fits her organizational and design skills, she said.

Whitcomb Technologies wins top honors in pitch competition at Wisconsin Early Stage Symposium

Milwaukee Journal Sentinel

Noted: The pitch contest capped off the Wisconsin Technology Council’s two-day conference, which drew about 575 attendees. Also at the conference, Jeff Rusinow was inducted into the Investor Hall of Fame, and Thomas “Rock” Mackie received the 2015 Excellence in Entrepreneurial Education Award. Mackie, a professor emeritus of medical physics at the University of Wisconsin-Madison, co-founded Healthmyne and TomoTherapy Inc.

Department of Workforce Development, Madison College team up to help displaced Oscar Mayer workers

Badger Herald

Quoted: Oscar Mayer has not confirmed what type of severance packages or benefits they will provide to the displaced workers, Barry Gerhart, University of Wisconsin professor of management and human resources, said. But regardless of the compensation, the closure will be a major challenge for displaced employees.

Food manufacturing jobs dropped 40 percent in Dane County between 2001 and 2014

Capital Times

Noted: In an October 2014 report on the area’s agriculture, food and beverage industry cluster prepared for the Madison Region Economic Partnership, Matt Kures of the UW Extension Center for Community and Economic Development wrote that a loss in food manufacturing employment was a result of changes at individual companies rather than declining regional competitiveness.