Cabinet5

1,315 views

Published on

Published in: Business, Health & Medicine
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
1,315
On SlideShare
0
From Embeds
0
Number of Embeds
1,151
Actions
Shares
0
Downloads
4
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Cabinet5

  1. 1. POOR RESEARCH INFRASTRUCTURE A PUBLIC PRIVATE PARTNERSHIP MODEL WITH CENTRALIZED MONITORING AND CONTROL TEAM DETAILS : 1. Agaraja Pandey ( Lucknow University MBA ) 2. Sanskriti Yadav ( Lucknow University MBA ) 3. Nikhil Dhawan ( Lucknow University MBA ) 4. Deeksha Gupta ( Lucknow University MBA ) 5. Sarvesh Prasad ( Lucknow University MBA ) 1 A PUBLIC PRIVATE PARTNERSHIP MODEL WITH CENTRALIZED MONITORING AND CONTROL
  2. 2. Despite India’s population being 17% of the world’s total population : There are barely 300,000 scientific R&D personnel in India. That represents a disappointingly low ratio of around 7.5 R&D staff per 10,000 workforce. And, according to the India Science Report, published by the National Council of Applied Economic Research in 2005, only 53 per cent of the five million people working in S&T related professions hold degrees. India filed only 0.3% of the total world patents in 2010 and accounts for a meager 3.5% of all global research output. India spent only 2.9% of the world’s total expenditure on research against China which spent 14.2%. Despite India’s population being 17% of the world’s total population : There are barely 300,000 scientific R&D personnel in India. That represents a disappointingly low ratio of around 7.5 R&D staff per 10,000 workforce. And, according to the India Science Report, published by the National Council of Applied Economic Research in 2005, only 53 per cent of the five million people working in S&T related professions hold degrees. India filed only 0.3% of the total world patents in 2010 and accounts for a meager 3.5% of all global research output. India spent only 2.9% of the world’s total expenditure on research against China which spent 14.2%. “ the innovation front in India continues to be penalized by deficits in human capital and research; infrastructure and business sophistication, where it comes last among BRICs (Brazil, Russia, India & China), and in knowledge and technology outputs, where it comes in ahead of Brazil only. ” - Times Magazine “ the innovation front in India continues to be penalized by deficits in human capital and research; infrastructure and business sophistication, where it comes last among BRICs (Brazil, Russia, India & China), and in knowledge and technology outputs, where it comes in ahead of Brazil only. ” - Times Magazine 2 Despite India’s population being 17% of the world’s total population : There are barely 300,000 scientific R&D personnel in India. That represents a disappointingly low ratio of around 7.5 R&D staff per 10,000 workforce. And, according to the India Science Report, published by the National Council of Applied Economic Research in 2005, only 53 per cent of the five million people working in S&T related professions hold degrees. India filed only 0.3% of the total world patents in 2010 and accounts for a meager 3.5% of all global research output. India spent only 2.9% of the world’s total expenditure on research against China which spent 14.2%. Despite India’s population being 17% of the world’s total population : There are barely 300,000 scientific R&D personnel in India. That represents a disappointingly low ratio of around 7.5 R&D staff per 10,000 workforce. And, according to the India Science Report, published by the National Council of Applied Economic Research in 2005, only 53 per cent of the five million people working in S&T related professions hold degrees. India filed only 0.3% of the total world patents in 2010 and accounts for a meager 3.5% of all global research output. India spent only 2.9% of the world’s total expenditure on research against China which spent 14.2%. “ the innovation front in India continues to be penalized by deficits in human capital and research; infrastructure and business sophistication, where it comes last among BRICs (Brazil, Russia, India & China), and in knowledge and technology outputs, where it comes in ahead of Brazil only. ” - Times Magazine “ the innovation front in India continues to be penalized by deficits in human capital and research; infrastructure and business sophistication, where it comes last among BRICs (Brazil, Russia, India & China), and in knowledge and technology outputs, where it comes in ahead of Brazil only. ” - Times Magazine “ in India, the innovation ecosystem (input) is poor and we need better government measures on regulations, education and infrastructure to tap the demonstrated potential of talented people. ” -Gopichand Katragadda MD of General Electric John F. Welch Technology Center Bangalore “ in India, the innovation ecosystem (input) is poor and we need better government measures on regulations, education and infrastructure to tap the demonstrated potential of talented people. ” -Gopichand Katragadda MD of General Electric John F. Welch Technology Center Bangalore “ The lack of infrastructure support for innovation in India is a key stumbling block. ” -Sam Pitroda The National Knowledge Commission. “ The lack of infrastructure support for innovation in India is a key stumbling block. ” -Sam Pitroda The National Knowledge Commission. “ report suggests that India may become the first “BRIC” country (Brazil, Russia, India and China) to lose its investment grade rating. While it remains to be seen if India can escape this ignominy, the country has earned another dubious distinction: It ranks the lowest among the BRIC nations on the Global Innovation Index 2012. ” - The Times “ report suggests that India may become the first “BRIC” country (Brazil, Russia, India and China) to lose its investment grade rating. While it remains to be seen if India can escape this ignominy, the country has earned another dubious distinction: It ranks the lowest among the BRIC nations on the Global Innovation Index 2012. ” - The Times
  3. 3. The education system fails to promote any innovation .It is built on a ‘job-oriented’system ‘ after Graduation rather than beginning and managing ones own business. CAUSESCAUSES 3 The education system fails to promote any innovation .It is built on a ‘job-oriented’system ‘ after Graduation rather than beginning and managing ones own business. Students moving away from S&T to work in other sectors within the country - we lack courses that provoke creativity and campaigns that promote creative thinking as a future long-term profession. Brain drain overseas ( Internal or 'inter-sectoral' brain drain ) Indian society is risk-averse - This lack of tolerance toward failure instills the fear of taking risks., thus making it difficult to generate innovative ideas or to promote existing ones. Lack of necessary support mechanisms that foster commercialization and innovation - research funds, venture capital funds, and start-up capital, as well as awareness programs and initiatives. Most people do not have the means to start their own business and banks are somewhat reluctant in giving loans to something new and innovative.
  4. 4. PROMOTING RESEARCH AND INNOVATION BY SETTING UP A CENTRALIZED BODY FOR PROMOTING, MONITORING AND CONTROL OF RESEARCH AND INNOVATION IN INDIA SNAPSHOT OF PROPOSED SOLUTIONSNAPSHOT OF PROPOSED SOLUTION SETTING UP CENTRALIZED BODY INVITING APPLICATIONS FOR RESEARCH GRANTING FUNDS and FURTHER NURTURING OF IDEA. 4 SETTING UP CENTRALIZED BODY
  5. 5. SETTING UP CENTRALIZED BODY BY CONSOLIDATING EXISTING BODIES AND WILL ALSO INVOLVE PRIVATE CORPORATIONS SETTING UP CENTRALIZED BODY BY CONSOLIDATING EXISTING BODIES AND WILL ALSO INVOLVE PRIVATE CORPORATIONS The Aim of the Body will be to develop the required intellectual capital as well as generate effective synergies among industry, government, the educational system, the R&D environment and the consumer. 5 • The body will have Board members from different Ministries and Companies. Creating and Strengthening Partnerships in Research will surely help in better utilization of funds and resources. • A centralized body will be setup which will promote as well as monitor the Research, Innovations and Developments. • The body will also help in filing Patents and solving issues related to obtaining Intellectual Property Right. • The body will also go for effective collaboration between industry, universities and R&D institutions. The Aim of the Body will be to develop the required intellectual capital as well as generate effective synergies among industry, government, the educational system, the R&D environment and the consumer.
  6. 6. INVITING APPLICATIONS FOR RESEARCHINVITING APPLICATIONS FOR RESEARCH The objective of Inviting applications for Research is to provide equal opportunity from the individuals, at grassroots level, to the large firm level. 6 The objective of Inviting applications for Research is to provide equal opportunity from the individuals, at grassroots level, to the large firm level. • It will be annual or a Half-Yearly event • By this event people who are genuinely interested in Research will be called for presentation • Top 100 – 200 Ideas will be selected based on certain criterion through a rigorous selection process • Now array of support funds, facilities, other resources and services required are specified.
  7. 7. PROVIDING FUNDING, FACILITIES AND MENTORSHIPPROVIDING FUNDING, FACILITIES AND MENTORSHIP Adequate funds are disbursed along with the needed infrastructure, Mentor is assigned from a group of experts 7 • The need of Funds is evaluated and the same is provided timely - The Fund will focus on providing risk capital funding that create and deliver technologies and solutions • Best available Research facility will be provided - The Fund and recourses will support Research at different stages of the development cycle – from early stages, through later phases of scaling-up of potentially successful solutions. • A mentor is allotted to each Researcher to get proper one to one mentorship • The research is evaluated and monitored time to time by third party.
  8. 8. SETTING UP BOARD INVITING PROFESSORS AND EXISTING RESEARCHERS INVITING PSU’s, CORPORATES MERGING EXISTING BODIES 8 SETTING UP BOARD INVITING PROFESSORS AND EXISTING RESEARCHERS INVITING PSU’s, CORPORATES MERGING EXISTING BODIES ORGANIZING EVENT INVITING APPLICATIONS FROM INDIVIDUALS & FIRMS EVALUVATION TO BE DONE BY INDUSTRY EXPERTS FOR VIABILITY AND UTILITY SELECTED PEOPLE WILL UNDERGO TRAINING AND RESEARCH FUNDING AND RESOURCE ALLOCATION SEED FUND FROM THE GOVERNMENT AND ITS AGENCIES FUNDS FROM VARIOUS PSU’s, BANKS, CORPORATES AND INVESTMENT FIRMS. PARTICULAR RESEARCH FACILITY IS ASSIGNED ALONG WITH MENTOR
  9. 9. FUNDING 9 1. Various funds setup by Government of India will be channelized by the body. 2. The ideas selected will be auctioned to various companies who have interest to fund. Later on when the idea is fully materialized they will get patented on their name. 3. Funds from various foreign research institutes will be attracted.
  10. 10. CHALLENGES AND RISKS MITIGATION FACTORS Conceptual Risks • In some cases, viability of funding can be low • Existing Research institutes may not support • Funding from various companies and through different means • Integration of Government bodies, Corporates, Research institutes, Industry experts and Financers 10 • Advertising/ Awareness Campaign • Tie-ups with Foreign research centers • Mentorship will be provided by Experts Implementation challenges • Difficulty in integrating Government infrastructure with the private • Industry may feel that the quality of research will not be up to the mark Conceptual Risks • In some cases, viability of funding can be low • Existing Research institutes may not support • Funding from various companies and through different means • Integration of Government bodies, Corporates, Research institutes, Industry experts and Financers
  11. 11. APPENDIX REFERENCESREFERENCES • http://www.scidev.net/global/migration/opinion/india-s-graduates-lack-inspiration-not-infrastruct.html • http://www.purdue.edu/newsroom/releases/2012/Q3/india-needs-system-reforms-in-education,-infrastructure,-culture-to-grow- innovation-and-commercialization-efforts.html • http://anmolkarnikblog.com/2012/07/14/the-lack-of-innovation-in-india/ • http://www.nipo.in/innovationinfra.htm • http://knowledge.wharton.upenn.edu/india/category.cfm?cid=12 11 • http://www.scidev.net/global/migration/opinion/india-s-graduates-lack-inspiration-not-infrastruct.html • http://www.purdue.edu/newsroom/releases/2012/Q3/india-needs-system-reforms-in-education,-infrastructure,-culture-to-grow- innovation-and-commercialization-efforts.html • http://anmolkarnikblog.com/2012/07/14/the-lack-of-innovation-in-india/ • http://www.nipo.in/innovationinfra.htm • http://knowledge.wharton.upenn.edu/india/category.cfm?cid=12

×