Linking Innovation With Education - Key To Making India A Global Leader
If one were to map the history of power, it can clearly be traced to shifts in knowledge among countries. As civilization evolves, the focus on the application of knowledge moves from a military perspective to a more developmental one.
- (1888PressRelease) December 09, 2016 - When the founder of Infosys - Narayanamurthy lamented the lack of truly disruptive innovative ideas that come forth from Indian companies, he was lambasted by the right wing but fact remains that the top Indian startups are adaptations of foreign ideas to the Indian Market. We have Indians who manage to head top Innovative companies globally but getting Indians to participate in the Innovation revolution is proving to be a challenge.
There have been some welcome steps by the Government where the MHRD has tried to get Indian Universities to compete on a global platform by instituting the NIRF framework which has a good weightage for innovation, the recent tax breaks for investing capital gains in startups and the easing of rules toward External Commercial Borrowings do lend a helping hand. But the major issue is that all of the above are Output related moves which do not address the fundamental flaw - "The Indian Education System does not encourage Innovation". There is too much effort put into addressing the demand supply imbalance between seats in top universities and cracking entrance examinations. Teachers who encourage students to write something original are a rare breed. This leads to India being a country with minimal per capita output of Intellectual Property in the form of Research Papers and Commercially viable Patents.
There has been some flurry in the private sector towards addressing this gap where EdTech companies have tried to address the bridge by bringing in the corporate sector to participate in this segment. The Worldwide Academia and Industry Network (www.wainconnect.com) provides interlinked opportunities to both Academic Institutions and Companies to work together in areas such as Research and Innovation, Academia-Industry Development Programs and collaborative projects. This platform uniquely brings together the innovator, the industry and the institution for real time collaboration and also enables other valuable services such as IP management, industry funded research projects, mentoring, talent identification, business incubation and funding.
One of the primary challenges of industry academia alliances have been mutual apprehensions and lack of empathy towards the other party's considerations and mandates. A healthy dialogue with a view towards collaboration can be the foundation of a synergistic relationship that can address a myriad of issues - from talent sourcing, skilling, curriculum building and research and innovation
MeltingPot2020 Innovation Summit aims to provide a platform for innovation focused conversation between academic leaders and industry and facilitate fruitful, result-oriented conversations around emerging technologies like IoT, Data Sciences, Automotive, Healthcare, Financial and Education Technology and Efficient Energy. The summit will provide innumerable networking opportunities through innovations like a Networking App that will enable immediate connections and impromptu meetings on the sidelines of the conference resulting in MoUs, Letters of Intent and other positive partnerships.
Another related initiative is the Young Innovators Festival which will provide a platform for students from schools and colleges to showcase their innovations and ideas to a forum comprising investors, innovators, industry leaders and peers.
A new vision for education should include producing a highly skilled workforce for a globally competitive economy. The university in the 21st century should be viewed not just as a generator of ideas but as a source of knowledge and competence that can benefit society.
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