Michelle Martinez

For more than 20 years, Doug Wood, (left), worked as a high-powered creative director for ad houses that helped build venerable brands like Mazda, Jaguar, and Volkswagen. But when the recession hit four years...

Hospital groups throughout the region are transforming their business models to create, test, patent, and manufacture the next generation of drugs, therapies, and diagnostic tools. So what’s the side effect? More jobs.

$2 Billion in R&D for Universities Make Believers of Region’s Researchers.

What happens when metro Detroit’s large, nonprofit hospitals suddenly get an infusion of private sector competition? The region is about to find out.

Seeking to create a new business model to offset a steady drop in state support while holding the line on annual tuition increases, Wayne State University’s emerging science and technology park, TechTown, has attracted or helped create more than 120 growth-minded companies. And more high-tech businesses are on the way.