Wisconsin tech leaders say the state’s failure to break out of its dead-last ranking in startup activity should be a “wake-up call” to policymakers.

But one of the researchers behind the rankings says the state shouldn’t panic, noting the numbers are just one piece of the puzzle. The rankings from the Ewing Marion Kauffman Foundation came just as the Madison area was celebrating entrepreneurship and technology through its weeklong Forward Festival.

And for the second consecutive year, Wisconsin ranked 50th in the nation. Read the full story here.