NH4, Pune – Bangalore Highway, Agashivnagar, Malkapur, Maharashtra 415539
A Centre for Research Innovation and Commercialization (CRIC) is where smart ideas in medicine and related fields become real products.
The objectives of CRIC are geared towards promoting innovation, supporting research and development activities, and helping researchers and innovators bring their ideas to market. By achieving the following objectives, a CRIC can make a significant contribution to economic development, societal well-being, and the advancement and creation of knowledge.
1. Promoting innovation
A CRIC’s primary objective is to promote innovation by supporting research and development activities, encouraging the exploration of new ideas, and fostering a culture of creativity and problem-solving.
2. Enhancing collaboration
A CRIC can serve as a hub for bringing together researchers, industry partners, and other stakeholders to facilitate collaboration and knowledge sharing. By creating an environment that encourages interdisciplinary collaboration, a CRIC can help foster the development of new ideas and technologies.
3. Commercializing research outcomes
A key objective of a CRIC is to support the commercialization of research outcomes by providing the necessary resources and expertise to help researchers and innovators bring their ideas to market. This can involve developing business plans, securing funding, and identifying potential commercialization partners.
4. Supporting economic development
By promoting innovation and commercialization, a CRIC can contribute to economic development by creating new job opportunities, attracting investment, and fostering the growth of new industries.
5. Addressing societal challenges
A CRIC may also have objectives related to addressing societal challenges, such as improving healthcare, reducing environmental impact, or enhancing social welfare. By supporting research and innovation in areas of societal importance, a CRIC can help drive positive change and make a meaningful impact on the world.
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