India aspires to become 5 trillion-dollar economy by 2024. To reach the mark, it needs to evolve systems and mechanisms to convert the present demographic dividend into high quality technical human resource capable of doing cutting edge research and innovation and deep-tech entrepreneurship.
The ‘Innovation and Startup Policy for Students and Faculty’prepared at our institute is a guiding framework to envision aneducational system oriented towards startups and entrepreneurship opportunities for student and faculties. The guidelines provide ways for developing entrepreneurial agenda, managing IntellectualProperty Rights (IPR) ownership, technology licensing and equity sharing in Startups or enterprisesestablished by faculty and students.
In India, innovation is still not the epicenter of education. In order to achieve the cultural and attitudinal shiftand to ensure that ‘Innovation and Startup’ culture is the primary fulcrum of our higher education system, apolicy framework and guidelines are the need of this hour. These guidelines will enable us to activelysupport our faculty, staff and students to participate in innovation and entrepreneurship (I&E) relatedactivities, thus encouraging students and faculty to consider startups and entrepreneurship as a career option.
To download the “Innovation and Startup Policy for Students and Faculty”
