Economic Gains from Science
Posted on February 27, 2007 Comments (0)
Gaze into future for state’s economy:
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TomoTherapy, 10 years old, already employs 500 people. Co-founded by two UW-Madison professors, it was financially backed by investment groups in Madison, Milwaukee and California. The next step may be to follow Madison-area high-tech businesses Third Wave and Sonic Foundry into the public stock market.
GenTel, employing 17, started at University Research Park, has moved to Fitchburg and plans to open an office in North Carolina. The company has found additional financing from investors, including groups in Madison and Appleton. Aruna sprouted from brainpower and research at the University of Georgia, but it licenses human em bryonic stem cell technology from the Wisconsin Alumni Research Foundation. Because UW-Madison is a hotbed of stem cell research, moving its jobs and income to Wisconsin would make sense.
Related: Engineering the Future Economy – Replicating Silicon Valley – Educational Institutions Economic Impact – Science and Engineering in Global Economics
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