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/U.S. Route 220 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).

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