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Mark Crowell has been named the vice president of Innovation and Economic Development at King Abdullah University of Science and Technology (KAUST). As of July 1, 2015, his responsibilities will include the development, management and commercialization of our intellectual property portfolio, the creation and support of new businesses, fostering joint ventures and collaborations with industry partners and enabling a strong culture of entrepreneurship at KAUST. In addition, he will oversee the development and management of KAUST's Research and Technology Park and will help drive the strategic positioning and operation of pre-seed, seed and/or venture funding initiatives.