Report highlights economic impact of research at Penn State
Penn State Research has supported more than 2,500 jobs and generated nearly $200 million in economic impact since 2015, according to The Science Coalition’s “Sparking Economic Growth.”
The Sparking Economic Growth report, released in April, highlights 53 companies from The Science Coalition member institutions that trace their roots to federally funded university research. The companies span across industry, geography, and funding sources, showing close ties between federal investment in fundamental research, job creation, and an innovation-based economy.