'Cos should also build human capital

My  salutes to Mr Narayana Murthy and Mr Mashelkar!

Today in Economic Times the brain storming article having same heading made me really excited and highly hopeful towards future of application of researches in science and technology in commercial field.As in my whole career I felt that its lagging too much in our country (except southern parts of India).Whatever researches are going on in big government institutes remain in journals and proceedings of seminars.Very few come up in application.While crores of rupees are spent every year by many funding sectors viz; UGC,CSIR,DBT and many more.

Today after reading views of Mr Narayan Murthy and Mr Mashelkar I felt really supportive from their side as I have requested in many seminars and meetings about this innovation.

Mr Narayan Murthy: What we really require is science,technology and innovation policy.Innovation is mind to market,concept to commercialisation.In the rest of the world you see that is happening.

Mr Mashelkar: Human capital building is not  the responsibility solely of government but of corporate too.There are four point that are critical for India: talent,technology,tolerance and trust.The new higher education technology and infrastructure that we are buildin has to be built on these four pillars.The demand for the country is huge.

Science is not only unravelling the mystry of nature,blue sky research,and contributing to the pool of knowledge.There is useful part of science in which you move from science to technology to innovation.That's wht the rest of the world has done.

In malaysia there is a ministry of science,technology and innovation.Spain has science and innovation ministry.Argentina has science,technology and productive innovation ministry.Even UK ,that has given us 60 Nobel laureates, has ministry of innovation,university and skills.

Peter Drucker said marketing and innovation are only two of basic functions of a successful business.If you dont have strong marketing and strong innovation,you wont succeed.

All these related talks by these two highly respected fellows will make a real innovation centre in all fields of science and technology.

N.B.Refferred from The economic Times 05.10.2009