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. Initially known as the Penn State Research Park and opened in 1994, its stated mission was to be the "place where collaboration between the University and private sector companies can grow," and to facilitate the transfer of University-based knowledge "to the market place and to foster economic development". It was renamed Innovation Park at Penn State in July 2000.
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.
Famous quotes containing the words innovation, park and/or state:
“Both cultures encourage innovation and experimentation, but are likely to reject the innovator if his innovation is not accepted by audiences. High culture experiments that are rejected by audiences in the creator’s lifetime may, however, become classics in another era, whereas popular culture experiments are forgotten if not immediately successful. Even so, in both cultures innovation is rare, although in high culture it is celebrated and in popular culture it is taken for granted.”
—Herbert J. Gans (b. 1927)
“Mrs. Mirvan says we are not to walk in [St. James’s] Park again next Sunday ... because there is better company in Kensington Gardens; but really, if you had seen how every body was dressed, you would not think that possible.”
—Frances Burney (1752–1840)
“The health of the soul is something we can be no more sure of than that of the body; and though a man may seem far from the passions, yet he is in as much danger of falling into them as one in a perfect state of health of having a fit of sickness.”
—François, Duc De La Rochefoucauld (1613–1680)