WASHINGTON'S LEADING BUSINESS MAGAZINE

The GOOD

A Look Back at the Year in Business
John Levesque, David Volk, Sarah Dewey, Anthony Adragna & Karen West |   December 2011   |  FROM THE PRINT EDITION

2010 report by Tripp Umbach revealed that the University of Washington, which moved to its current location in 1895, had an economic impact of $9.1 billion annually and was responsible for nearly 70,000 full-time jobs. Students and faculty have founded more than 250 companies and the university currently has more than 2,200 patents issued or pending. A study by China’s Shanghai Jiao Tong University rated the university as 16th best in the world. For more 150th anniversary events, visit uw.edu/150. Celebrations will continue during the course of the academic year. — Anthony Adragna

[more anniversaries]
2011 also marked …
➔ the 150th anniversary of John Pinnell (or Pennell, according to some sources) establishing the first brothel in Seattle.
➔ the 125th anniversary of representatives of Thomas Edison demonstrating the first electrical generator in Seattle (Pioneer Square), powering the first incandescent light bulb to shine west of the Rockies.
➔ the 100th anniversary of the Washington State Senate approving legislation to limit women’s employment to eight hours a day, with the exclusion of fishery and cannery workers.
➔ the 75th anniversary of Eddie Bauer inventing the down parka.
➔ the 50th anniversary of the launch of Boeing’s first Minuteman intercontinental ballistic missile from Cape Canaveral. — J.L.

Source: HistoryLink.org

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[sports]
Solid Footing
Granted, SOUNDERS FC seems to have a difficult time advancing past the first round of the playoffs. But it’s still pretty easy to call the Sounders’ 2011 season—their third in Major League Soccer—an impressive success. Consider: a third consecutive Open Cup, another MLS attendance record, a team record for total victories, a sendoff game for goalkeeper Kasey Keller that will resonate in Seattle sports lore for years. Here’s to owners Joe Roth, Adrian Hanauer, Paul Allen and Drew Carey for creating a sports business worth emulating, and to head coach Sigi Schmid for managing a team that makes Seattle proud. — J.L. 

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[innovation]
Great Ideas
Meet our Top Innovators for 2011. By Sarah Dewey

Brian Glaister, Cadence Biomedical
Cadence Biomedical is creating a kinetic orthosis (see photo above), using a series of “exotendons” to help people with lower-limb disabilities regain mobility. Developed in partnership with the Cleveland Clinic, the company’s devices fit around each leg like a brace and employ a series of springs to capture and reuse energy. As the user takes a step, energy is stored at the outset and released at