Patents are one indicator of a healthy entrepreneurial climate - and we'd like to see more of them - but until more venture capital flows to the region, it may not matter.
A new analysis of patent data reveals a widening gap in the Wisconsin economy that roughly bisects I-94 between Milwaukee and Madison.
In 2009, Madison produced 222 patents, while Milwaukee produced only 148.
It's a single statistic, we acknowledge, and it would be a mistake to make too much of it. But political and business leaders in the Milwaukee region should take no comfort. A report in November by the Milken Institute pegged the Milwaukee area 151st in the country on creating and sustaining jobs and economic growth. Madison was 63rd. Our mature industries, meanwhile, continue to shed jobs at an alarming rate.
Original Article: Show us the money - JSOnline
Author: JS Online
