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Category: Business/Technology

Lindberg launches a quest for high-performance computing projects

Milwaukee Journal Sentinel

Nick Lindberg is young, highly educated and technically savvy — and he’s aiming to bring more people like him to southeastern Wisconsin. A graduate of the University of Wisconsin-Madison with a masters degree in computer engineering, Lindberg had internships with Cisco Systems and Lockheed Martin. Then he moved to Rochester, N.Y., where he designed next-generation processors for IBM.

Nash: UW is a real job creator

Baraboo News Republic

UW–Madison is the fourth-largest research institution in the nation, with awards in 2013 reaching more than $1.1 billion. For the past 20 years, it has ranked among the top five universities overall for research funding from various sources. It also ranks sixth of all the nation’s universities for patents received.

Food and beverage start-ups get a helping hand

Milwaukee Journal Sentinel

Noted: It also would house offices for FaB Wisconsin, which has 135 companies among its members; support services, such as law and accounting firms; and possibly satellite offices for the state Department of Agriculture, Trade and Consumer Protection, University of Wisconsin-Madison College of Agricultural and Life Sciences and other institutions, Jurewicz said.

‘Nano-paper’ chips end up in compost heaps, not landfills

Engadget

Today’s cast-off gadgets are far more likely to end up in a landfill than they are being responsibly disposed of. In fact, 41.8 million tons of e-waste were scrapped last year alone. To combat this, a team from the University of Wisconsin-Madison has invented a radically new kind of ecologically-friendly semiconductor chip made from wood. No, seriously.

Career Enhancers Pursue an MBA to Move Up

U.S. News and World Report

Noted: At the School of Business at University of Wisconsin—Madison, MBA students choose a specialization, such as arts administration or real estate. They can immediately dive into classes that are of interest to them, says Blair Sanford, assistant dean for the full-time MBA program at the school.

Health tech leaders tout Madison

Wisconsin State Journal

Mark Gehring, a serial entrepreneur who is co-founder and chief strategy officer of HealthMyne, a Madison startup with technology to better analyze tumor images, said investors have come to realize Madison has unique health IT expertise — in large part because of the monumental growth of Epic Systems Corp., the Verona electronic health records giant, as well as longtime expertise from UW-Madison.

Two Madison companies land investments

Wisconsin State Journal

NeuWave Medical, a company founded in 2008 based on UW-Madison research, has raised $25.3 million, according to papers filed with the U.S. Securities and Exchange Commission. NeuWave has more than 75 employees, with nearly 50 of them in Madison.

Can economists explain the falling marriage rate?

Minneapolis Star Tribune

Quotes Randall Wright from the School of Business: “Our idea is that if people live in a country or a decade with high inflation/taxation they will be less disposed to use markets and bring more economic activity in house — which for us means setting up a house and that translates into marriage (as well as roommates, living with parents, etc.).”

Kevin Conroy: Why Exact Sciences wants to move Downtown

Madison.com

Column by Exact Sciences CEO. Excerpt: “The cornerstone of Madison’s growth is the intellectual capital that fuels our region. This includes a world-class university, which raises more than $1 billion annually in scientific research funding. We believe by having a strong presence just a mile or so from UW-Madison, we can play an important role in encouraging more university inventions to turn into new companies, creating family-supporting jobs and accelerating the growth of our economy.”

Medical software firm TeraMedica bought by Fujifilm Medical Systems

Milwaukee Journal Sentinel

Noted: The company bought Cellular Dynamics International Inc. in Madison for $307 million this month. Cellular Dynamics International, known as CDI, employs about 150 people and was co-founded in 2004 by James Thomson, a scientist at the University of Wisconsin-Madison and one of the most influential scientists in stem cell research.

Rethinking sales incentive management

CRM Magazine

Sales is often associated with competition, which, in a sense, negates the idea of cooperation. But recent research from the University of Wisconsin-Madison School of Business suggests that incentives offered to teams might be more effective than those offered to individuals, when members of those groups have established a social connection.

Noah Lim and Hua Chen, both marketing professors at the school, were unsatisfied with existing research on incentives. Much of it suggested that groups enable freeloaders to thrive.

Getting More From A Summer Internship: Advice From Recruiters & Graduates

Poets and Quants

Noted: Networking is another must, adds the University of Wisconsin’s Tosan Olle. For Olle, networking – and the company intelligence you gain from it – is like currency. “The more you know about how your assignments fit within the overall organization and how different parts of the organization work to make a whole, more likely you are to build networks, possibly enhance job prospects both inside and outside the division and have a more enriched experience overall.”

Tech and Biotech: WISC Partners looks to boost promising Wisconsin companies

Wisconsin State Journal

WISC Partners plans to establish a $25 million fund and use the money to invest in eight to 12 Wisconsin companies, at about $2 million to $3 million each. With its eye out for health care, information technology and the intersection between those two, the group will zero in on companies that are past the starting gate, that already have won over some individual The other thing that’s unique about WISC Partners: It was created by UW-Madison alumni.

Venture Capitalists Enlist Student-Run Funds to Find the Next Facebook

Wall Street Journal

Noted: The business school at the University of Wisconsin-Madison has a course tied to a $1.5 million fund, which can be invested in companies started by students in the class. The fund has made 20 investments since 1998—less than half of the startups have shut down, while a handful have been sold. “But it’s not as good as it may sound,” said Dan Olszewski, the program’s instructor. “Some companies that are two years old are still alive, but they’re not on the right track.”

Comeback kid: Developer Terrence Wall refocuses on Madison

Capital Times

Noted: Wall has been interested in development since earning an economics degree from UW-Madison in 1987. He then completed a master’s degree in real estate appraisal/investment analysis where he studied under Professor James Graaskamp, considered a leader in the field of urban land economics and risk management.

Energy tracking app developed at UW-Madison

WKOW TV

Want to keep track of how environmentally conscious you’re being? There’s an app for that. The MyEarth app launched this week in conjunction with Wednesday’s Earth Day holiday. The app, which was made available on the Apple and Android app stores on Monday, had already been downloaded by roughly 800 people as of Wednesday afternoon.

This Is the App You Need to Download for Earth Day

Time

Nancy Wong, the app’s designer and professor of consumer science at the University of Wisconsin at Madison, said on the institution’s website that in many people what looked like a lack of concern for the environment was really “a failure to connect individual action to that bigger picture.”

Tom Still: Patent director’s visit to Wisconsin underscores value of innovation economy

Lee’s visit to Wisconsin — part of a Midwest tour that has included other patent hotspots — came at a time when Congress is again debating how to streamline the U.S. patent system … It also underscored why major research universities such as UW-Madison are vital to the innovation economy, not only nationally but in the states and communities they serve.

Badger Fund of Funds already a success

Milwaukee Journal Sentinel

Noted: “We believe the deal flow in Wisconsin is more than sufficient,” said David Guinther, a founding member of WISC Partners, an early stage fund launched by UW-Madison graduates who made their mark in Californias Silicon Valley. “Ive seen amazing changes in our ecosystem in Wisconsin since I came back five years ago.”

U.S. Patent Director visits Madison

WKOW

A leader in the U.S. business world visited Madison on Wednesday in hopes of fostering more innovation.

Michelle K. Lee, the director of the U.S. Patent and Trademark Office, toured the Wisconsin Institutes for Discovery.

Lee said she wants to identify ways that her office can better serve the innovators and entrepreneurs in the Madison area.

UW grads make their mark on sandal season

WKOW TV

Two UW grads are putting their degrees to good use. “When we tell people we sell sandals, and we’re from the Midwest, it’s a little bit contradictory,” says Matt McManus, owner and founder of Bokos Footwear Company. He and his brother, James, launched their staple rubber sandal two years ago this week.