- Aug 20, 2010
I agree.Actually i would bid for a more integrated research and development , where rnd is done in collaboration of indian academia , drdo , private player , yeah but they should be givrn contract for manufacturing of not so sensitive tech , which is disruptive and only we have , all iit ,nit ,iisc , csir ,hal ,nal, bel all together for particular project , funding would be better utilized ,and we should cut funding of all social science colleges .
Can there be a mechanism created where universities can get royalties from the IP that they share with private companies? I mean, say if Mahindra Defence joins with IISc to develop something cutting edge, like a graphene armour, can IISc earn revenue from the sale of each defence product that Mahindra makes locally or internationally? This would wean the universities off government handouts and be able to retain their own reserves and become R&D hubs for private defence corporations.
Pretty sure that our new private companies won't mind this arrangement at least initially. I wonder if we have thought of anything in that direction.