Wisconsin Told to Get With Innovation Program

Wisconsin has sacrificed a source of economic strength by neglecting so many of the innovations and graduates produced by its academic research programs, a top expert on technology and the economy said. "You have an excellent research university," said Ross C. DeVol, director of regional economics at the Milken Institute. "It has not yet been as successful in commercializing that research."

DeVol urged state officials to move to the new innovation-based model of economic development, where higher dividends are to be paid in the future. While the state has taken steps to strengthen entrepreneurship and tech-business development, DeVol says more is needed.

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