Advantage Wisconsin: Strategic Framework
Strategic Challenge Question:
How can the UW System increase the creation of well-paying jobs by expanding the university research enterprise while linking academic programs to entrepreneurship and business development?
The Call for Change: Fewer well-paying jobs in Wisconsin have led to a $4,000-plus per year shortfall in per-capita income between Wisconsin and Minnesota and a $1,600 shortfall compared to the U.S. average per-capita income. Because large corporate headquarters, which provide many opportunities for well-paying jobs, are unlikely to relocate to Wisconsin, the state needs new strategies. Leveraging and growing the UW research enterprise is vitally important. It will spur more high-growth start-up businesses, produce more graduates ready and excited to work in start-ups, and create more opportunities for existing businesses and new-to-Wisconsin branches of businesses headquartered elsewhere to use UW System faculty, students, and innovations to grow their market shares. The Think Tank will identify key opportunities to create these changes.
- How can the UW System improve research grant win-rates and attract more federal, foundation, and corporate grant money?
- How can the university graduate and support more entrepreneurs and stimulate Wisconsin’s entrepreneurial climate?
- How can the university advance a spirit of discovery in all students?
- How can the university extend opportunities for entrepreneurship and jobs across all demographic groups in our state?
- How can the university create more intellectual property, and then expand and expedite technology transfer to Wisconsin companies for job and wealth creation?
- What changes in the UW’s research enterprises would result in more jobs and wealth for Wisconsin communities?
- How does the university strengthen WiSys and research operations at the comprehensives?
- What kind of feedback from business/industry does the university need, regionally and statewide?