Changes

Faculty play a large role in Penn State's entrepreneurial ecosystem. Many faculty commercialize their own research and turn them into business ventures. Other faculty members choose to act as mentors for students and help nudge students towards the path of entrepreneurship. There are three endowed chairs of entrepreneurs who can be found in the College of Agricultural Sciences, Smeal College of Business and School of Engineering Design, Technology, and Professional Programs. Faculty are provided with research centers, design and innovation centers, business plan advice and funding programs.

In order to assist entrepreneurs with technology transfer, two Penn State and one state resource has been provided. Penn State runs Office of Technology Management and Penn State Research Foundation. Through TechCelerator program, Ben Franklin Technologies runs Research to Start-up. These programs are there to help entrepreneurs facilitate technology transfer.