Wadhwani Foundation today unveiled a study titled “Promoting Innovation through PPP - An assessment of SBIRI & BIPP Programmes”. The study was released jointly by Dr. T Ramasami, Honorable Secretary, Department of Science & Technology, GOI and Professor K. Vijay Raghavan, Honorable Secretary, Department of Biotechnology, GOI at a seminar held in New Delhi.
Delhi, Haryana, India., February 19, 2014 - (PressReleasePoint) - Wadhwani Foundation – an initiative of Dr. Romesh Wadhwani, a U.S. based philanthropist towards accelerating the country’s economic growth through large scale, high impact entrepreneurship and skill development programmes, today unveiled a study titled “Promoting Innovation through PPP - An assessment of SBIRI & BIPP Programmes”. The study was released jointly by Dr. T Ramasami, Honorable Secretary, Department of Science & Technology, GOI and Professor K. Vijay Raghavan, Honorable Secretary, Department of Biotechnology, GOI at a seminar held at The Claridges Hotel, New Delhi.
Over the past two decades, a plethora of Public-Private Partnership (PPP) programmes in technology and innovation development has emerged in India. However there is a lack of independent impact assessments of these programmes. This study by Wadhwani Foundation’s Policy Research Centre is an effort to review the implementation of PPP model in innovation, with a special focus on the Small Business Innovation Research Initiative (SBIRI) and Biotechnology Industry Partnership Programme (BIPP) of the Department of Biotechnology. The study also analyzed the contributions of the programme to knowledge creation & identify challenges in their implementation. The study offered a set of recommendations to help policy makers further improve and scale up the programmes to fully capture their potential.
Dr. T Ramasami, the Chief Guest of the seminar in his key note address hailed the move of Wadhwani Foundation’s Policy initiative for commissioning the study and its key outcomes. The findings of the study was presented by Dr Aradhna Aggarwal, Director Policy, Wadhwani Foundation, in the session chaired by Dr. K. Vijay Raghavan.
Speaking on various policy initiatives of Wadhwani Foundation in his opening remarks, Ajay Kela, President & CEO, Wadhwani Foundation said that “The Foundation’s Policy Research Centre aims to brings excellence in policy research providing research inputs for informed policy making with the objective to create a people-centered, high growth economic acceleration. The foundation has a dedicated team of specialists, currently focusing on three distinct programs - R&D and Innovations, SMEs & Entrepreneurship and Employment & Skills. The Foundation has also established a India-U.S. Policy Chair at the Center for Strategic and International Studies (CSIS), a leading policy think-tank based in Washington DC and a parallel program at the Indian Council for Research on International Economic Relations (ICRIER), New Delhi.”
He further added “It is now widely believed that a thriving, innovative and entrepreneurship driven MSME sector is a pivotal element in the process of economic growth and job creation. We trust this study by our Policy Research Centre would open up deliberations thereby seizing opportunities and effectively overcome challenges in promoting innovations among MSME.”
- Creating niche & high impact initiatives, every two years
- Catalyzing & demonstrating scale and sustainability for wholesome, sustainable impact on economic development
- Engaging government resources & market forces to scale, sustain and create an eco-system for larger participation
The Wadhwani Foundation demonstrates effectiveness of long-term, pro-bono investments in human potential and the demographic dividend. It principally works through partnerships with like-minded individuals, organizations, corporations and governments.
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