IIT-Madras launches research centre on start-ups, risk financing
Indian Institute of Technology Madras launched a ‘centre for research on start-ups and risk financing’ (CREST) to provide academic and thought leadership in innovation, entrepreneurship and risk capital.
It would also create a data repository on Indian start-ups and ventures to address a major hurdle for engaging in high-quality research. This information resource would be made accessible for researchers and policymakers that can result in top-tier publications.
Delivering the Inaugural Keynote Lecture of CREST on Tuesday Prof Tarun Khanna, Jorge Paulo Lemann Professor, Harvard Business School, said, “There is a need to build trust between scientists and business leaders. Amazing technology is coming out of the labs but the condition to get the maximum out of such innovations is not there.”
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