ECONOMIC GROWTH

THROUGH

HIGHVALUE ADDITION

IMTIAZ RASTGAR

CHAIRMANHEC INNOVATION STEERING COMMITTEE

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NTU SEMINARTECHNICAL TEXTILES

26TH SEP. 2016FAISALBAD

VISION

Making Pakistani Universities

A Powerhouse

Of High Growth

Innovation

TRANSFORMPakistani Universities

To Drive High Impact Innovation, Applied

Research &

Entrepreneurship

MISSION

ROLE OF HIGHER EDUCATION

• Create a new breed of Pakistani educated class which is fit to throw up the future Captains of Business & Industry.

• Business community is the center forward of the economy.

• Universities are the nurseries for growing businessmen of stature;

Mass Employment through Industrialisation

• Mass Employment through large scale industrialization• Encouragement of SME enterprises,

and a • Vibrant service sector.

ROLE OF UNIVERSITIES

• Universities need to cater to value addition of:• Local labour• Local Raw Materials• Local Skills• Local Clusters• Create new breed of business persons with

capability for value addition through enterprise, analysis, education and market orientation.

HOW TO DO THIS

Channelize university research for • Solving Local Problems• Identify and en-cash global

opportunities• Reverse Engineering for Wealth

Creation

A MATTER OF CONCERN

• Pakistan’s best brains are lost to the West– In pursuit of their own standard of living and ease

of operation.– The manpower which should have been harnessed

to create national wealth within Pakistan is lost to bolster the GDP of foreign countries,

– while Pakistan receives only home remittances from its unskilled workers toiling in the Gulf countries, resulting in inflation at home and myriad social problems.

ROAD TO ECONOMIC SUCCESS• Amend university syllabi to prepare students for• Motivation For Self Employment ( e.g. include

biographies of Successful Business Icons)• Product design• Manufacturing Expertise• Exposure to markets• Market Research• Marketing Skills• Confidence building• Culture of Risk Taking

FOCUS NEEDED• Each university also needs to cater

to the following needs of their SURROUNDING areas when creating or modifying syllabus:• Local labour• Local Raw Materials• Local Skills• Local Clusters• Local Opportunities

ORICs

• Formation of YES Clubs– The Youth Entrepreneurial Society (YES) Clubs are

a proven model creating awareness, motivation & engagement among university students.

– The activities include Business Plan & Business Model competitions, Story telling sessions and Entrepreneurial activities, expos & exhibitions

– The Model can run with minimum level of supervision

ORICs

• Visibility (Within Universities) • ORICS Outreach & Marketing (Social Media/ Web)• Industry Advisory Boards • ORICS Participation in National Competitions• Formation of YES Clubs • IPR Information Center• Fund Outreach & Marketing (Social Media) for

Technology Development Fund

ORICs• Visibility within Universities

– Noticeboard Posters– Once a semester email (newsletter)to all registered students– Introductory Seminar with at all Faculties– Wall of Fame for Star Startups– Mandatory Visits for Faculty Members– One designated Faculty Member in each Dept as ORIC Liaison – Active Engagement with University Entrepreneurship Clubs– Annual University Exhibition Of University based Research &

Commercialisation Activities

ORICs• Outreach & Marketing– Membership & registration with major Entrepreneurial

support organizations– Annual Startup Directory (HEC Platform combined for all

ORIC’s)– Newsletter– A Standardized ORIC website address with some compulsory

sections (Impact, Commercialization, No. of Startups launched) – Active Social Media Presence (Facebook etc)– Innovation Portal (where ORIC’s will showcase their innovative

startups to attract investor funding)

ORICs

• Industry Advisory Boards – Members from Industry, Various Faculties & Oric– Quarterly Focused Objective based Meetings– Need & Capability Assessments– National & International collaborations– Incentives For Industry Research & Product

development– Industry Engagement in FYP’s– Industry Visits

ORICs

• IPR Information Center– Training of ORIC staff in IPR– Basic IPR Guidelines, filing information & Contact

information on ORIC Website (with a request for information form)

– IPR Seminars to Final Year students in all faculties– Assistance to students, researchers & faculty in

filing patents and registering trademarks & copyrights

FICS National Competition

• ORICS Participation in FICS National Business Plan Competitions

• Leading Entrepreneurial Culture• Involving Business Leaders As Judges &

Possible Investors• Exciting the Minds for Disruptive High

Growth Business Ideas

WHAT INDUSTRY CAN DO

• SPONSOR RESEARCH INTO MARKETABLE PRODUCTS

• RESEARCH SPENDING FOR CREATING EMPLOYMENT IS ALSO “SADAQA-E-JAARIAH”

• BUY STAKES IN TECH-STARTUPS• MENTOR TECH STARTUPS• LOOK FOR OPPORTUNITIES FOR DISRUPTING

EXISTING BUSINESS MODELS

LETS DO OUR BIT

&BE READY

TO LOOK BACK WITH PRIDE

THANK YOU

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