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Seeds for high-tech economy are being planted, but growth will take time

MADISON It shouldnt come as a surprise that Wisconsins high-tech sector suffered through a bad year in 2002. The same was true across the United States as the shock waves of the dot.com crash, investor retrenchment and the terrorist attacks of Sept. 11, 2001, battered the economy. The tech indicators for 2003 cannot help but improve.

At the same time, the latest economic tracking report ......

Full article >>> n 2000 (the latest year for which figures were available) also trailed the regional and U.S. averages.

Unfortunately, none of that is new. Even during the prosperous 1990s, Wisconsin failed to attract the kind of private equity capital that was needed and its core industries werent spending much on R&D. It simply wasnt a priority.

What is relatively new, however, is the decline i......

Full article >>> chnology Council, which rang the alarm bell in late 2002 with its report on the tech sector, Vision 2020: A Model Wisconsin Economy.

Many seeds have been planted since then. Private equity investors have begun to show signs of life. Entrepreneurs have been given new opportunities to advance their ideas. Networks for technologists and innovators have been created. Policymakers have realize......

Full article >>>
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Source:wistechnology.com By Tom Still 03/15/04


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