India is at the beginning of research innovation curve, say experts

Panellists at a webinar on ‘The Innovation Bridge – Universities as India’s new R&D Powerhouses’ examined the roadblocks to slowdown of translational research and what industry seeks in order to have durable commercial advantage in research innovations.

“There is an innovation gap. The industry funds mostly the outcomes while academia funds early stages of innovation and research not done by the industry. Both approaches are rational but sometimes misaligned,” said Mahesh Ramachandran, the founder of CIGS Tech Innovations and Partner Pontaq Cross Border Innovation Fund, Chennai.