Blademaster
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- Aug 19, 2009
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We need to encourage the researchers to go out into the private sector and do startup companies. Nowadays that's what most US scientists and researchers do. Once they invent or patent something, they either market it o companies and get a fat salary or do a startup with seed money from capital ventures people.This actually a very weak link for us . Some prof in a PSU or college might come up with some innovation but nothing comes out of it as there is no next step .. hardly anyone will follow up to commercialise hence the researchers just keep pumping out papers with no actual work happening. Our pvt companies on the other hand will happily import already commercialised tech.from abroad.
Example being some research team may come up with an innovative battery cell but no investor will put money in to bring this to market.