At Krannert, students are encouraged step outside of theory and actually get down to business.
Within arm’s reach of every classroom on campus is a dynamic idea factory — a real-world, practical R&D and startup ‘ecosystem’ that offers an unparalleled learning experience. This higher-education/private-enterprise ‘merger’ is where investors, manufacturing partners, entrepreneurs, researchers, professors, alumni and students continuously turn the gears of business evolution.
The Burton D. Morgan Center for Entrepreneurship — which opened in 2004 with funding secured by the Krannert School — serves as the anchor and gateway for Discovery Park, a growing network of interdisciplinary facilities on the southwest edge of Purdue’s West Lafayette campus devoted to finding comprehensive solutions to complex problems.
Whether you want to take new ideas or products to market in a startup or optimize them in an existing operational setting, you won’t find a more robust academic environment for commercialization than Purdue.
Purdue Research Foundation received 175 utility patents from the U.S. Patent and Trademark Office. That total ranks first in the state of Indiana, first in the Big Ten Conference and sixth internationally. Purdue is second among universities that do not have a school of medicine. The University's Office of Technology filed 721 patent applications with the U.S. Patent and Trademark Office, received $13.6 million worth of gross revenue in royalty and licensing income, and helped establish 22 startup companies.