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/U.S.

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.