Skip to main content

Category: Business/Technology

Nine common shopping myths, busted

Christian Science Monitor

Noted: Let’s get philosophical for a minute: Is the best price always the best deal? A recent study from the University of Wisconsin-Madison’s Wisconsin School of Business suggests that shoppers consider a retailer’s reputation as well as its prices. Savvy shoppers will think twice before buying from a less reputable merchant.

Time Capsule: A Photo History of Business Education

Biz Ed

Noted: In 1974, the consortium included Indiana University, the University of North Carolina, the University of Rochester, the University of Southern California, the University of Wisconsin, and Washington University in St. Louis. That year, those six schools graduated 63 black MBA students—more than had graduated from all U.S. business schools combined eight years earlier. This year marks the 50th anniversary of the consortium, which now includes 18 universities that have graduated more than 8,000 MBA students from minority populations.

EatStreet founder to speak at first-ever Technori Milwaukee

Milwaukee Journal Sentinel

Noted: EatStreet, which supplies restaurants with software for handling online orders, is one of the state’s fastest-growing start-ups. Howard and his partners started EatStreet in 2010 when they were students at the Unveristy of Wisconsin-Madison. EatStreet raised $15 million of outside funding in late 2015, saying it planned to add 30 employees to its staff of 110 people.

The Soap Opera has new owners but remains true to its brand

Wisconsin State Journal

Noted: Sean, 32, and Stacey, 29, are both UW-Madison graduates. They met in 2011 and married in 2014, and have taken over a business with a dedicated customer base and a strong stable of employees, one of which has been with the company since 1979. They had been contemplating buying a business for years but when Sean, who works as a broker connecting business owners with potential buyers, began talking with Bauer about the future of the business, the talks ultimately led to the Scannells making an offer.

Monona’s SHINE medical co. approved for Janesville expansion

Channel3000.com

Noted: The founder of the company, Gregory Piefer, studied at UW-Madison. The company performed a national search for places to locate their new facility, but Pitas said keeping the local company in Wisconsin brings the company full circle.

“The idea that work that goes on at the university should help people throughout the state. So, this is a great example of technology coming out of the university and helping people in Janesville with great-paying jobs,” she said.

Also quoted: Richard Steeves, professor emeritus of human oncology.

Plugged in

Isthmus

Quoted: “Medical education and nursing education is really grappling with: ‘How do we train the health professionals of the future to care for the patient and not for the electronic health records?’” says Katharyn May, a professor and the dean of the UW School of Nursing.

Insurance student hopes to help at-risk farmers cope with climate change

Automotive News

Noted: The University of Wisconsin School of Business student has collaborated with Askar Choudhury, James Jones and Raquiba Choudhury of Illinois State University, using an innovative statistical approach to analyze data by finding a trigger point that would initiate payment for crop loss through a simplified, index-based insurance policy. The approach is designed to be less costly than traditional agricultural insurance policies.

Behind the Scenes at SpaceX’s Hyperloop Pod Competition

Popular Science

Noted: Badgerloop, the University of Wisconsin’s largely undergraduate team, laid claim to one of the event’s most impressive booths. Throughout the weekend, team members, who were clad in matching red-and-black polo shirts and khakis, built an Oculus Rift-like headset out of cardboard to help explain their pod’s unique technology to the steady throng around their eye-catching display.

Teachers, UW-Madison game designers collaborate on video games

Daily Cardinal

Noted: Field Day Lab is continuing to develop some of the ideas that were born in the workshop into free, open-sourced video games. The game designers said they aim to further engage students with an interactive learning environment.

“By engaging science teachers right from the start, we want to build games that will actually be used in classrooms,” said David Gagnon, the director of Field Day Lab, in the release. “Too many games languish because they do not fit what teachers want. With the teachers’ help, we want to build them right—right out of the gate.”

This robot changes how it looks depending on your personality

Wired

We’ve already got robot receptionists, who respond to human interactions — now we have a robot that changes how it looks depending on your personality. This robot, designed by Sean Andrist at the University of Wisconsin-Madison, has been developed to respond to ’social gaze’ — essentially the social context in which we look at one another. The robot uses social cues, which it processes via a bespoke algorithm, to figure out what kind of personality you have and respond accordingly.

Students Compete to Change the Future of Transportation

NBC15

Students part of University of Wisconsin’s BadgerLoop are preparing for a national SpaceX competition that challenges them to bring transportation technology to life.

The BadgerLoop team is creating their version of SpaceX’s Hyperloop concept, a new technology that uses air pressures to propel a transportation pod down a tube for fast travel.

UW students compete in global engineering contest

Channel3000.com

(Video) Last year, Space X and Tesla announced an exciting engineering competition for university students. The goal of the competition is to come up with a mode of transportation that is faster, safer, less expensive and more sustainable than planes, cars or trains. A team from the University of Wisconsin is in the competition this year.

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.