GOLDEN JUBILEE YEAR (Part II)

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1 GOLDEN JUBILEE YEAR (Part II) Prof. M. S. ANANTH Director Indian Institute of Technology Madras CHENNAI May 5,

2 IIT MADRAS RESEARCH PARK May 5,

3 THE IITM RESEARCH PARK Creating opportunities for chance to meet prepared minds Entrepreneurship and Innovation Types of Research Parks Examples from India The IITM Research Park May 5,

4 THE CAPITALISATION OF KNOWLEDGE Multiple reciprocal linkages at different stages are captured by the Triple Helix paradigm: Innovation is a non-linear system integration and networking process Competitive success depends on localised concentrations of skilled people and technology Universities should be direct contributors to wealth creation/ develop entrepreneurship May 5,

5 INNOVATION Two kinds managed by two very different approaches: Magic Garden & Idea Factory The first: hire brilliant minds, provide the atmosphere, leave them alone and.pray! The second: bring unlike minds together and create opportunities for interaction Louis Pasteur,..discovery results from chance meeting a prepared mind May 5,

6 ENTREPRENEURSHIP Entrepreneurship flourishes in the vicinity of high quality educational institutions: Eg: Stanford/ MIT/ North Carolina Localised concentrations of unlike minds and technology: Faculty: encompassing advanced knowledge Students: spirit to conquer the world/ ignorant of the impossible R&D personnel: convert ideas into marketable products May 5,

7 TYPES OF SCIENCE PARKS Alliance-driven Science Park University-driven Science Park Company-driven Science Park Cluster-driven Science Park May 5,

8 OBJECTIVES OF RESEARCH PARKS Promote and foster the spirit of innovation Create physical infrastructure and support systems necessary for competitive R&D Incubate early stage entrepreneurial ventures based on technology and innovation. Facilitate networking with professional resources for the incubatee companies. Identify technologies/innovations which have potential for commercial ventures Indian tech parks not generally associated with a university so far. May 5,

9 Andhra Pradesh Biotech Parks Shapoorji Pallonji (SP) Biotech Park Pvt Ltd a PPP venture near Hyderabad; ~ acres/ about 17 companies with an investment of about Rs 4 bn. Marine Biotech Park on 218-acres near Visakhapatnam in association with the Andhra University to focus on marine resources, marine foods, nutraceuticals and fisheries ICICI Knowledge Park focused on facilitating business-driven R&D; 200 acres near Hyderabad/ Rs 420m invested / 13 companies May 5,

10 Andhra Pradesh s Agro Park Agri Science Park on 200 acres in the International Crops Research Institute for the Semi-Arid Tropics campus The Park comprises an Agribiotech Park, Agri Business Incubator, a Hybrid Seeds Consortium, and SAT Ecoventure. Three ventures have come up in the Agri- Biotech Park. Amongst them is a facility for testing aflatoxin contamination in food crops. May 5,

11 Maharashtra s Biotech Park International Biotech Park - a joint venture project between the Maharashtra Industrial Development Corporation (MIDC) and TCG Urban Infrastructure Holding Ltd (TCGUIH), a Chatterjee Group company. Total investment of Rs 2.5 bn, 110- acre park near Pune; 3 companies May 5,

12 Uttar Pradesh s Biotech Park Set up in collaboration with the Council of Scientific & Industrial Research, universities and industries in Lucknow. Shantha Biotechnics, Biotechnology Consulting Research Inc., IQRA Biotech Services - Neurosciences & Physiotheraphy Centre, Clintech Research LLC, New Jersey, Green Path Bio Herbs Industries, and Software Technology Park of India and (Bio Alliance, Germany) May 5,

13 Tamil Nadu s Bio Parks Ticel Bio Park promoted by the Tamil Nadu Industrial Development Corporation (2004) on a five-acre land at a cost of Rs 625 m/ 3 occupants; technical collaboration from Cornell University Golden Jubilee Biotech Park for Women (2001) - first biotech park exclusively for women entrepreneurs on 20 acres/13 units; Created a database of over 500 technologies or projects covering about 150 research institutions May 5,

14 IISc-Bangalore s Society for Innovation & Development SID registered in 1991 under the Karnataka Societies Act, with a symbiotic relationship with IISc Bangalore. Participant companies include ViZiPhar Biosciences B.V.B.A; Satyam Computer Services; Tata Motors; Cranes Software International; MI R&D Centre India; Cadila Pharmaceuticals; Sir Dorabji Tata Centre for Tropical Diseases; Unichem Laboratories Biosciences R & D Centre May 5,

15 IIT Bombay s Society for Innovation & Entrepreneurship SINE set up in 2004 on IITB campus Business incubator spread over sq.ft Aided by Department of Science & Technology and Technology Development Board National Entrepreneurship Network, IIT Bombay alumni The Ministry of Communication and Information Technology May 5,

16 IIT-Delhi s Foundation for Innovation & Technology Transfer Industry Interface of IIT Delhi established on the campus as a Registered Society in 1992 Technology Business Incubator conceived, programmed and implemented by FITT provides Infrastructure and techno-managerial support Funding source data for the bridge-capital for the start-up companies Networking with Venture companies for funding of incubatee companies May 5,

17 IIT Kanpur s SIDBI Innovation & Incubation Centre Incubation to try out a novel technological idea for up gradation to a commercial proposition, scaling up a laboratory proven concept, and setting up a technology business enterprise in R&D partnership with the IITK in 3 Tiers: Tier I : Nursery incubation project Tier II : Technology-based start up company Tier III : Technology/R&D unit of an existing SME desiring close technology interface with IITK May 5,

18 UNIVERSITY DRIVEN RESEARCH PARKS Country ~ Acres No Cos Emp Inv $ China m 110 b Singapore b USA K 2.8 b UK K 3.4 m Hungary K France K 500 m India 10 1 ~100 5 K 60 m May 5,

19 IIT MADRAS RESEARCH PARK An independent section 25 company promoted by IITM support from Govt and alumni Outside the campus but within cycling distance 1.2 m sq.ft in three phases House R&D of companies wanting to work with IITM as well as companies to be incubated Eventually 5000 high quality Development engineers Finishing schools in the Park for large number of engineering graduates eventually 5000 students/ year May 5,

20 ROLE OF GOVERNMENT 11.5 acres land and infrastructure like approach road, electricity Concessions for the Park: Special Economic Zone, Tariff concessions for Electricity, Sales tax, Excise and Custom Duty, FSI, Approach roads Interest free long term loan from Central Govt of about Rs 100 crores May 5,

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