Sunday, April 14, 2019

‘Scientists in top institutions should become entrepreneurs’

TNN | Apr 14, 2019, 04.17 AM IST

Chennai: Calling for entrepreneurship among faculty members in top research and educational institutions, professor K Vijay Raghavan, principal scientific adviser to government of India, said, “We need more entrepreneurs who are full-time scientists.” He made these while speaking at IIT-Madras on Saturday.

The final presentation of I-NCUBATE, a programme which helps commercialise technical ideas, was held on Saturday where nine student teams working on deep-tech ideas, including healthcare, environment, logistics and building materials, presented their experience in commercialising technology ideas. After witnessing their presentation, Vijay Raghavan said, “Though a large number of students are willing to risk everything to become entrepreneurs, people mentoring them are relatively small in number. The best scientists and Nobel Laureates world over own companies.” “We need to include entrepreneurship into the institutional structure,” he added. He added that the distinction between quality academic and entrepreneur has disappeared.

Stressing the need to come up with solutions for relevant issues, he said, “It is exciting to come up with new solutions to imaginative problems. In addition to imaginative solutions, we also need to come out with solutions to issues that are relevant.”

IIT-Madras director Bhaskar Ramamurthi and others spoke at the event.

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