Innovation Park (Pennsylvania State University)

Innovation Park at Pennsylvania State University is a business and research park covering 118 acres (0.48 km2) in State College, Pennsylvania, adjacent to the Penn State campus near the junction of Interstate 99 and U.S. Route 322.

The university's trustees designated the area for a research park in 1989.[1] Initially known as the Penn State Research Park[2][3] and opened in 1994, its stated mission was to be the "place where collaboration between the University and private sector companies can grow,"[4] and to facilitate the transfer of University-based knowledge "to the market place and to foster economic development".[5] It was renamed Innovation Park at Penn State in July 2000.[6]

The area is the location of a number of university offices, the Penn State World Campus, a conference center, and more than 25 private companies. The production facilities of WPSU-TV and WPSU-FM moved there in 2005.[7]

References

  1. ↑ Joyce Gannon, "Penn State research park targets high-tech firms", Pittsburgh Post-Gazette, June 3, 1991.
  2. ↑ "Business park gets boost: Innovation Park was picked as a prime site for a technology business." The Daily Collegian, September 15, 2000.
  3. ↑ "Innovation Park: Expected Slow, Steady Growth", Centre Daily Times, February 4, 2001. (pay site).
  4. ↑ This is Penn State: An Insider's Guide to the University Park Campus (Penn State University Press, 2006), ISBN 978-0-271-02720-3, p. 137. Excerpt available at Google Books.
  5. ↑ Catherine Chaput, Inside the Teaching Machine: Rhetoric and the Globalization of the U.S. Public Research University (University of Alabama Press, 2008), ISBN 978-0-8173-1609-9, p. 206. Excerpt available at Google Books.
  6. ↑ "New Name For PSU Research Park: Innovation Park At Penn State", Penn State press release, July 13, 2000.
  7. ↑ Nancy Caronia, "Looking fine at 40 -- New facility for Penn State Public Broadcasting.", Government Video, December 1, 2005 (pay site).

Coordinates: 40°49′52″N 77°50′38″W / 40.831°N 77.844°W / 40.831; -77.844

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