NEW DELHI: National Research Development Corporation (NRDC) is playing a catalytic role in fostering innovations emanating from various public-funded research institutions and universities into marketable products and services through startups. NRDC CMD, Dr H Purushotham says that NRDC is aligning its activities in line with government policies and emerging market opportunities to make it a premier global innovation institution. Excerpts:
How NRDC is contributing for promotion of innovation, entrepreneurship and startups?
Since its inception, NRDC is promoting innovation, entrepreneurship in the country. We identify innovative intellectual properties (IP) and technologies emanating from various national research and development institutions, universities and PSUs. So far NRDC has signed 4,856 licensing agreements with start-ups and provided financial assistance to file 1,700 patents in India and abroad. About 43% of the technologies transferred by NRDC are in the area of food and agriculture sector.
Where were these technologies sourced from? Who are the receivers of the technologies?
Out of the 4856 technology licensing agreements signed by NRDC to transfer technologies, 44% were sourced from CSIR laboratories, 29% from DRDO laboratories, 12% from ICMR laboratories, 6% from ICAR laboratories, 7% from universities and 2% from PSUs. Out of the 1,700 patents filed about 14% patents were filed from academic institutions, 63% from research Institutions and the rest from individual inventors. About 90% of technology support receivers from NRDC were startups and first-generation entrepreneurs.
Whether NRDC is exporting technologies to other countries?
Yes, NRDC has exported many technologies to overseas countries. NRDC has also set up one technology demonstration centre in Ivory Coast. Currently, NRDC is implementing a pilot R&D demonstration project in three locations of Ghana, West Africa for cultivation and production of high-yielding variety of tomatoes. The project is funded my ministry of external affairs under bilateral cooperation between India and Africa.
What support you expect from the government to make NRDC more vibrant?
NRDC has prepared an ambitious strategic vision document and roadmap to transform itself from its current level to a vibrant local innovation facilitation centre (IFC) in the next 4-5 years. To realise its vision, NRDC is looking forward for greater support and encouragement from the government by integrating it with the flagship programmes of government and business operations to leverage its core competencies in innovation management and to support the emerging innovation ecosystem in the country.