Industry- Academic collaboration in India is in shambles. The same model followed in USA universities like Harvard/MIT where academicians innovate, industries show interest and investors help to launch the product haven't worked in India. The speaker has worked for four half years in USA and then joined Biomedical industry and worked for seven years. Now he joined academic and would like to project India specific models for entrepreneurship & establishing Industry- academic collaboration. The specific areas of discussion are 1. How the USA academic-Industry collaboration works 2. Why it is not working in India 3. The new model to help Indian employees to become entrepreneurs without leaving jobs

1. New Ideas for Industry Academic
Collaboration in India
Dr. Phani Kumar pullela

2. Harvard/MIT Model
Stage 1 • Academic
Innovation
Stage II • Industry
involvement
Stage III • Product
launch

3. Why same model didn’t work in India?
Student talent goes to Engineering colleges
Talented Academic Faculty go to universities
Too much bureaucracy in decision making at Academic

4. New ideas for Industry- Academic
Collaboration
You
College
Student
&Staff
You mentor-
Our
students/
Faculty to
execute
Realize a product

5. Methodology
• Yours /
• Ours Idea
• Our Student team
• You mentor along with our faculty Execution
• You, Our College (faculty & students)
• A sharing mechanism you suggest Fruits