The innovation landscape within the bioscience industry has been evolving in last two decades. What are they key ingredients that could accelerate the translational research?
Have the technology transfers and interface between industry and academia in India improved? How can we make it better?
face to face
The innovation ecosystem is gradually evolving. Emphasis on the same through government support bodes well for the country
on different variables of varied merits. Our performance likewise varies over different metrics. On some parameters we fare quite well.
Towards a few parameters like education, we would need to strategize both from a medium and long term perspective to address various deficiencies. In its current format, a few metrics would be a function of government investments in education and infrastructure. There is also a need to revisit the structure of the ranking parameters to better reflect the actual state of development in a country.
The innovation landscape within the bioscience industry has been evolving in last two decades. What are they key ingredients that could accelerate the translational research?
Yes, the innovation ecosystem is gradually evolving. Emphasis on the same through Government support bodes well for the country. The research establishments and the academia should increasingly pay more attention to IP creation and research translation through a mix of incentives – performance metrics, rewards, linkage with research grants, enhanced collaboration with industry etc. New approaches like the the FTT projects in CSIR are enabling a cultural change towards translation and commercialization.
Institutional mechanism like TTOs, Research Parks, incubators should be strengthened on capacity and resources to accelerate and sustain research translation from academia and research establishments.
Have the technology transfers and interface between industry and academia in India improved? How can we make it better?
It’ s still at modest
12 BioVoiceNews | July 2017