NRDC ppt by Rohit santosh nivdunge .pptx

NRDC

1. NRDC (NATIONAL RESEARCH DEVELOPMENT CORPORATION) Presented by, Nivdunge Rohit Santosh PG Research scholar NIPER Hyderabad

2. NRDC (National Research Development Corporation) A non departmental Governmental body An organization that plays a significant role in the promotion, protection, and commercialization of intellectual property in India I s a government enterprise established in 1953 under the Indian Companies Act . NRDC is established by British Government. It is premier knowledge transfer organization (KTO), working under administrative control of department of scientific and industrial research, under Ministry of Science & Technology Gov. of India..

3. Facilitates the transfer of innovative technologies developed by Indian scientists, researchers, and institutions into commercially viable products and services. Vital link between research network and industry G ives recognition to new invention be it from small scale or large scale respectively. Currently more than 2000 technologies have been acquired from different sources.

4. To promote and commercialize reliable and competitive techniques from R&D institutes by value addition and partnership. To develop and commercialize R&D institutes. To make prototypes, semi scale units and full scale commercial products. To sell and create a business around these products as per terms and conditions. Provide money in experimenting, testing or for seeking patents, inventions etc. To develop and exploit patents by general/special agreements by universities and R&D institutes. OBJECTIVES

5. Formed strong link between academia and industrial community and develop wide network of R&D institutes Made arrangements for capitalizing on labs Licenced > 5000 entrepreneurs and establish various MSME industries To promote and encourage advancements of research and innovation Provide support for IPR protection Help in generating income from technology licencing Promote and encourage participations in flagship programs such as MAKE IN INDIA, CSIR funding etc. Where does NRDC work ?

6. Technology Transfer Barriers : Difficulty in translating research into commercially viable products or services due to complex technologies or lack of market demand. Funding Constraints: Limited financial resources impacting research and development initiatives and hindering innovation. Regulatory Hurdles: Compliance with stringent regulations and intellectual property rights issues affecting the transfer and commercialization of research outcomes. Global Competition: Facing stiff competition from international counterparts and the challenge of keeping pace with rapidly evolving global technologies. Challenges for NRDC

7. Enhanced Collaboration: Strengthening partnerships with academia, industries, and government bodies to foster innovation and technology transfer. Focus on Market Orientation: Emphasizing market-driven research to ensure that innovations meet industry needs and have commercial viability. Investment in R&D: Securing increased funding and investment in research and development to support technological advancements and innovation. Streamlined Processes: Implementing efficient and simplified processes for technology transfer, patenting, and commercialization to expedite innovation outcomes. Future Outlook for NRDC

8. Embracing Emerging Technologies: Exploring and investing in emerging technologies like AI, biotechnology, and clean energy to stay at the forefront of innovation. Policy Advocacy: Engaging in policy advocacy to address regulatory challenges and create an enabling environment for innovation and technology transfer. Skill Development: Focusing on skill development programs to nurture and retain talent in the field of research and development.

9. Some Facts about NRDC Through NRDC, multiple plants were set up for manufacture of water filter candles, NRDC established plants in various countries where a)Extraction of Menthol from mint oil in Indonesia b) Synthetic and Natural Dyes plant in Vietnam c) Rice husk particle board plant in Malaysia d) Rural technologies in Senegal Wide network registered with World Bank, Asian Development Bank etc. Has transferred technologies to Ministry of Textiles, with aid by CSIR(Central Silk Board)