“An April report by the Institute for Research on Innovation and Science, which is based at the University of Michigan, took a look at 2014 R&D spending by 14 universities — including UW-Madison. It concluded those 14 universities collectively purchased $2.68 billion in goods and services in 1,600 U.S. counties. A map produced for the report showed Wisconsin as a high-density state for R&D vendors, not only for UW-Madison, but for other universities that know they can find skilled suppliers and partners here.”
April Wisconsin IRIS report used to sell support of higher education
Tom Still, Wisconsin Technology Council president, wrote in the Washington State Journal that IRIS reports show the economic impact of R&D in Wisconsin. He quotes IRIS Executive Director, Jason Owen-Smith, on Wisconsin’s knowledge-based supply chain and how Wisconsin is attractive to researchers.
Still suggests, as state policymakers consider next steps in public support for higher education in Wisconsin, they may want to bear in mind that R&D dollars attracted to Wisconsin — usually from federal or private sources — usually get recirculated broadly in Wisconsin.