Foundation for innovation and technology transfer (fitt): A case study on industry–academia interface in India
The Industry-Academia (I-A) research linkages are considered to be the backbone of technological innovations. In developed nations, there is a strong handshake of Research and Development (R&D) programmes of universities and industries and has led to the most impactful technological innovations of the world. However, in developing nations including India, I-A interactions have not been given due credit. In 2014, though India published over 100,000 research papers and was globally ranked 9th, it fared poorly in converting academic research into patents and transfer of technologies.