Harvard forms subsidiary to advance Enterprise Research Campus
Harvard has announced the next step in its efforts to create a 36-acre Enterprise Research Campus in Allston: the formation of a wholly owned subsidiary to oversee development, with Harvard Business School Dean Nitin Nohria serving as chair of the governing board and former Massport CEO Thomas Glynn as chief executive officer. The campus, across Western Avenue from Harvard Business School and next to the almost-completed Science and Engineering Complex, will include a collection of research-focused companies of all sizes, along with green space, residences, and a hotel and conference center. Initial plans cover the first, 14-acre phase of development. President Larry Bacow said that the Enterprise Research Campus will foster Harvard’s broader mission by providing a place where students can discover cutting-edge research and by attracting companies that can develop research into products that reach the public. “Universities exist to do a number of things,” he said. “We educate students, we generate...