Event – Building Hi-Tech Futures, New Delhi, India

December 18, 2008

The Economic Times in collaboration with Deakin University Australia and IMT presented a workshop on Building Hi-tech Futures 2008 – Industry-University-Government Delivering effective partnerships5th December 2008, Taj Palace Hotel, New Delhi

Conference Delhi

Conference Delhi

The Speakers included those from Deakin University, The Economic Times, Institute of Management Technology (IMT), Member of Parliament, Government of India, High Commissioner Australian High Commission, Nasscom, Satyam Computer Services Limited, Reliance Life Sciences, Biocon Limited, Delhi University, Leighton International Limited, InfoEdge, National Institute of Financial Management, educationists.

Speaker at Conclave

Speaker at Conclave

Maninder of Team was also present and captured some of the keypoints:

  • Good level of primary education
  • Inadequate promotion of R and D
  • ICT Industry: Less educated person requires greater bandwidth, Looming talent shortage, Fear of India loosing competitive advantage in IT, Government support is essential.
  • Are business schools teaching the right people,
  • Right stuff, right way
  • Change in the nature of work due to restructuring and reengineering of organizations
  • CRITICISM OF BUSINESS SCHOOLS

1)  Curriculum: Theory Vs. Relevance
Business education has become more scientific. Not required by industry.
2)  Faculty:  No industry experiences
3)  Learning Process: Less attention into multiple disciplinary issues.
4)  Industry Interaction: Not much interaction between business school and industry.

  • More cross cultural training required.
  • Exponential learning
  • Interpersonal skills
  • Deliverables are quite outdated
  • Required

Suitability
Sustainability
Scalability

  • More IP and Innovation generation
  • Areas of Focus

CAD Design
Mechanical Design
Wind Tunnel
Acoustics
Power
Nuclear Waste
Communication Engineering
Moveable Machinery
Mechanical Engineering
Civil Engineering

  • Lack of employability is resulting in IT industry to invest huge resources in training at the entry level.
  • Scalable implementation of finishing schools
  • Retrain Teachers
  • Master Trainers required
  • New Age Learning – Learn, Unlearn and Relearn
  • ICT Security – Threats and Responses

Security issues of the facebook generation.
MOD Burton Report
The theft of UK Ministry of Defence laptop containing sensitive information

  • Scale of Information structure

Global
National
Organization
Personal

  • Embedded Risk

Node
Interface
Connection Media

  • Unbound Risks  – Damage of optical sea cable

Identity theft
Social Engineering
Threat of cyber warfare attacks
Training required in following areas:
Network security
Information security
Critical infrastructure protection.

  • How many institutes in India teach web 2.0?
  • Research must be converted into action and tangibles. Have a mindset of co creation and co development.
  • Negotiation of IP rights in sponsored research agreements.
  • Newness and value combined is innovation real innovation requires the ability to understand the evolving business targets and what technologies are required to support this.
  • Creating innovative culture – built around people and the systems to grow and empower people.
  • Even failures can lead to new innovations.
  • Continuous re-evaluation and reinnovation
  • Energised / passionate about your field.
  • Establish new research area at low infrastructure cost.
  • Keep academics uptodate
  • Managing IPR, publication, commercialization to benefit all partners.
  • Ensure you do what you are good at.
  • In India a real gap between industry needs and the research culture.
  • Indian companies with the right technical interface can provide ready paths to market.
  • Developing new partnership models that continue to evolve and maximize the interaction between industry and researchers.
  • R and D

Access to facilities
Competency Development
Innovation
Scientific Recognition
Reduced Cost
Regulatory
Employment Opportunity for University Graduates.
Risk Sharing
Testing Services
Process Scale up
Technology Development
Product Evaluation
Educational Program Design
Product Access
Visiting Faculty
Seed Capital

  • Reliance Life Sciences Areas:

Pharmaceuticals
Clinical Research
Biofuels
Regenerative Medicine
Molecular Medicines
Plant Biotechnology
Industrial Technology

  • Challenges

1.  Promise Vs. Performance  – Clinical Development
2.  Intellectual – Research Orientation, IP Ownership and Exploitation
3.  Entrepreneurial – Equity Ownership
4.  Financial – Reasonable Fees Royalties
5.  Funding – Impact of Global Financial Meltdown

  • Portable Qualification
  • Joint curriculum development
  • Concept of sabbaticals
  • Bright young students not looking at teaching as a career.
  • Acute shortage of skilled manpower is affecting banks, insurance companies, brokerages and fund houses.

Nations who have invested in vocational training have benefited by having a pool of talented workforce.


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