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27th Aug 2010 / Times of India / Mumbai Edition
Career Forum : News Archive

Cambridge,Pune varsities plan to market innovation


Bangalore: Researchers turning into entrepreneurs is a huge challenge and the scientific establishment is leaving no stone unturned to achieve this. In a new initiative, Cambridge University, UK, will soon collaborate with Indian research institutions and universities in Bangalore, Hyderabad and Pune to help build a new generation of sciencebased entrepreneurs to help them commercialise their research and take their science products to the marketplace.

The first lessons of the programme will begin next month with meetings planned in Pune. Bangalore and Hyderabad. It will focus on how to commercialize technologies and innovations developed by science researchers in universities and institutes. Specifically, training will be undertaken on transforming research products into commercial products that can sell in the market and in enabling researchers develop a commercial, entrepreneurial outlook. A series of ACTIV (Accelerated Commercialization of Technology and Innovation) workshops will be organized in phase I of this programme.

Cambridge has a long track record of building successful technology-based businesses from the University of Cambridge and other local research organizations and is Europes premier high-tech cluster. Many new businesses there are underpinned by a strong science and technology base. This expertise, built on understanding how to commercialize research projects, is relevant to the Indian context where researchers, local entrepreneurs and incubation centres face challenges.

Chris Darby, head of UK Science and Innovation Network in India, British High Commission, said: UK and India are natural partners, not only in the increasingly globalised implementation of excellent research projects,but also in ensuring that the output of those projects has a significant societal and economic impact. Im confident that the collaboration will make a real impact.

Dr B K Shukla of the department of science and technology said: The workshops would develop and strengthen skills for technology entrepreneurship among various stakeholderstechnology managers, incubator managers especially those affiliated to R&D institutions and scientists entrepreneurs.As a follow-up, we plan to collaborate in the area of techno-entrepreneurship with organisations in the UK.

Funded by the National Science and Technology Entrepreneurship Board, department of science and technology, UK science and innovation network, the workshops are being administered in collaboration with AcceleratorIndia, Cambridge and the Venture Center, NCL, Pune.

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Cambridge and Indian institutes will build science-based entrepreneurs who will help commercialise research Cambridge has a long track record of building successful technology-based businesses Workshops are to be held in preparation for this exercise, the first of them in Pune

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