Penn State also has partnered regionally in several prominent Pennsylvania-based research endeavors across the Commonwealth. At Penn State Erie, the Knowledge Park's new Advanced Manufacturing and Innovation Center will include University classrooms and laboratories co-located with industry partners. At Innovation Park in State College, Penn State along with Battelle Memorial Institute and Sciaky Corp. operate the Center for Innovative Materials Processing through Direct Digital Deposition (CIMP-3D), a world-class resource for advancing and deploying additive manufacturing technology. The University also is the lead partner in the Consortium for Building Energy Innovation at the Philadelphia Navy Yard, one of the largest and most dynamic urban redevelopment sites in the nation.
"Economic development is tied directly to the notion of student career success, because as we partner with business and industry our students and our graduates gain a competitive edge, increasing their value to potential employers," said Barron.
The president added that Penn State is dedicated to providing experiential education, including engaged scholarship and research experiences for undergraduate students, and the development and delivery of entrepreneurship education such as the Intercollege Minor in Entrepreneurship and Innovation. The University also offers a variety of co-curricular entrepreneurship and innovation experiences to students through events such as Global Entrepreneurship Week and Start-up Week that attract innovators from around the country and abroad.
Along with Penn State, the other institutions that earned the Innovation and Economic Prosperity designation from APLU are Georgia Institute of Technology, Indiana University, North Carolina State University, Purdue University, South Dakota State University, Texas Tech University, the University of Houston, the University of Illinois, the University of Massachusetts Boston, the University of Massachusetts Lowell, the University of Pittsburgh, Virginia Tech and Wayne State University. APLU designated an inaugural group last fall.
The process to obtain designation required a comprehensive self-review of university economic engagement activities with outside stakeholder input, and subsequent development of an improvement plan to address weaknesses and better leverage strengths. Applications went through a rigorous independent review process, led by APLU's Commission on Innovation, Competitiveness and Economic Prosperity, created to help public universities plan, assess and communicate their work in local and regional economic development.
"Public universities serve as economic engines for their local communities and states by conducting cutting-edge research to reach new breakthroughs, and by developing the talent to help existing businesses grow stronger and enabling new ones to develop and thrive," said APLU President Peter McPherson. "The 14 institutions receiving the 2014 Innovation and Economic Prosperity University designation serve as models. They demonstrate how public research universities extend beyond their campuses to engage their communities in economic development that creates jobs and improves lives."