Innovation Park | |
Location: | State College, Pennsylvania, United States |
Address: | 200 Innovation Boulevard, State College, PA 16803 |
Map Type: | Pennsylvania |
Opening Date: | 1994 |
Developer: | Pennsylvania State University |
Owner: | Pennsylvania State University |
Size: | 118 acres |
Innovation Park at Pennsylvania State University is a business and research park covering 118acres 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 50 private companies. The production facilities of WPSU-TV and WPSU-FM moved there in 2005.[7]