3. Ed Tech Development
Many of the most revolutionary developments in consumer technology have roots in faculty research, yet most institutions aren’t playing an active role in the development of innovative educational technologies.
Pennsylvania State University is one institution that’s bucking the trend. It recently launched the Penn State EdTech Network, a partnership among members of the Penn State community and leaders, innovators, and entrepreneurs in education technology. Complete with office, manufacturing, and research space for partners to co-locate on campus, the network has already engaged a number of leading companies, investors, incubators, and others since it launched in August 2015.
Acting as a hub for ed tech innovation, Penn State is accelerating the development of its internal capabilities while providing valuable opportunities for students, faculty, corporate partners, and others to collaborate on technology development projects. As a result, they’re breaking down barriers between public, private, for-profit, and nonprofit entities that share common goals.
In the end, it’s important to remember that society thrives when students succeed, and students succeed when the institutions that serve them are empowered to maintain the best possible student experience. By insourcing innovation, institutions can tap the collective expertise of the entire higher education ecosystem in a way that enables them to independently and continuously enhance their offerings.
About the Author: Pete Wheelan, CEO of InsideTrack, has dedicated his career to leading mission-driven, high-growth companies focused on helping individuals live up to their full potential. Before joining InsideTrack, he served as chief operating officer and chief revenue officer at Blurb, a groundbreaking leader in unleashing creative expression through self-published books.