University of Wisconsin Economic Development
University of Wisconsin Economic Development: University- Government-Business Alignment or How to Build Bridges, Connect the Dots and “Pair Up in Threes” for Success.
This case study reviews the structure, process, early results, future plans, and lessons learned from a major economic development collaboration involving the University of Wisconsin System. Highlights detail the evolution of economic development initiatives within the University of Wisconsin, with an emphasis on current initiatives made possible through a three-way, Triple Helix collaboration that encompasses the university, state government, and the business community.
Collectively, the UW System represents one of Wisconsin’s leading economic development assets. This study is significant due to the size of the initiative: 26 separate public university campuses, the collaboration with industry and government partners, and the range of activities and collaborations involved.
Performance results realized include an investment of $22.5 million in economic development incentive grants, the attraction of $7.9 million in private match funding, the addition of 134 internships in high demand areas, creation of 173 jobs in critical-need fields, training of 52 new doctorate-level healthcare practitioners, and project support, business assistance, and tech transfer support for more than 5000 businesses.