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Will tech transfer save Wisconsin's economy?

With the thousands of manufacturing jobs that have vanished all through the industrial areas of the Midwest, chasing more smokestack industries is a fool's errand. Instead, efforts are underway to develop a new breed of companies based on the technological inventions coming out of Wisconsin's institutes of higher education and private industries.

Several economic development entities have......

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Still
"The smokestack-chasing model may have actually worked for a while," Still said. "Wisconsin continues to have such a great manufacturing workforce that this was a natural place to look.

"What you are seeing now is more innovation-based strategies not looking for next branch plant, but looking for the right idea, the right science and th......

Full article >>> MissionCreated by the Legislature to form a master plan for developing science- and technology-based businesses in Wisconsin, because growing tech-based economy means more high-wage career opportunities for Wisconsin citizens.FundingBase funding of $250,000 per year in 2000/2001 state budget and in the 2002/2003 budget. Matching funds generated from ......

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CATI (Racine)
MissionFocus is on commercializing orphaned and underutilized technologies. Works primarily in Racine County but may expand beyond county borders at some point.
FundingBase funding of $600,000 in the 2000/2001 state budget and $200,000 in the 2002/2003 budget. Other funds: $125,000 from th......

Full article >>> n commercializing these energy-saving technologies."

An example of the kind of companies CTT has helped is Madison's Virent Energy Systems LLC, which has developed a renewable method to make hydrogen from the sugars in corn and other plants. The hydrogen can then be used in fuel cells as a source of pollution-free electric energy for many uses.

......

Full article >>> dical College of Wisconsin, the Milwaukee School of Engineering, UW-Milwaukee, and UW-Parkside.

Techstar has successfully spun out several companies, most of them related to health care. The two managing directors, Lane Brostrom and Brian Thompson, both have MBAs. In addition, Brostrom holds a doctorate in physics while Thompson earned a master's degree in mechanical engineering.

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Full article >>> ng at opposite sides of the school gym.

"The music is playing and some dancing is starting to take place," Still said. "WARF and Techstar are starting to waltz with the business community."

Techstar (Milwaukee/Wauwatosa)
MissionGoal is to stimulate entrepreneurship, facilitate technology transfer, fund new companie......

Full article >>> ld on what you already have."

Brostrom disagreed, saying, "I don't see any diminishing demand for health care."

Still warned against underfunding tech transfer in the life sciences.

"We have at least 100 years of investment in life sciences," Still said. "In 1900, the University of Wisconsin was one of the founding members of the first association of research universitie......

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Source:wistechnology.com By Charles Rathmann 02/28/05


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