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The University of Pennsylvania announced the launch of its new Penn Center for Innovation Monday. It’s a reformulation of the university’s approach to engaging new ideas with the commercial and industrial sector. There are four main divisions of the just-announced initiative. There will be traditional technology transfer, corporate contracts, new venture creation and corporate alliance building, said John Swartley, the center’s head, who is also Penn’s associate vice provost for research.

Image: darren baker With the new Penn Center for Innovation, University of Pennsylvania is reforming its approach to engaging research with the commercial sector. 

To read the original article: University of Pennsylvania launches new Penn Center for Innovation - Philadelphia Business Journal