AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

LAHORE: Academic research should focus more on industrial issues. All the countries where research, academia and science are linked to industry developed more rapidly than others.

“We believe that solid industry-academia linkage is an essential tool to tackle the key economic challenges of Pakistan. We have seen that the countries with effective industry-academia linkage have higher productivity and competitive economies.”

These views were expressed by Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman Muhammad Nadeem Qureshi while addressing the members of FPCCI regional standing committee on “Industry-Academia Linkage” on Monday at the FPCCI Regional Office in Lahore.

He said the nation still needs to fully realise the fruits of developing such linkages. Several countries are working on formalising diverse approaches to connect the university-industry links with the overall national policy framework to set up a conducive environment for research and innovation. “We need to emulate their footsteps.”

Nadeem Qureshi said that the Industry-academia linkage is imperative for the innovation and growth of the country. It can save expensive foreign exchange by substituting imports and reducing the import bill. He said it promises greater employment opportunities for the youth as well, adding that the universities should also function as an entrepreneurial hub to engage directly in economic development through enterprise spin-off.

He said that the falling productivity and stagnant exports also call for establishing such linkages effectively. It is needless to mention that HEC has to play a pivotal role in this connection in close liaison with FPCCI and leading chambers of commerce of the country.

Qureshi said that the country's economic challenges needed tailor-made and workable solutions and that was possible only through solid academia and industry linkage.

He said that there was no shortage of resources in Pakistan, but it was far behind in the economic race because we had failed to tap these resources properly. They said that in the developed economies, there was a strong linkage between academia and industry and Pakistan today also needs to adopt that pattern to overcome its multiple issues.

Umer Saleem, Convener Committee, Abrar Ahmed, Dy Convener, Malik Ghulam Sarwar, Programme Coordinator (Research & Innovation Wing) of HEC, Prof Dr Farah Rauf Shakoori, Syeda Rozy Rizvi, Prof Sajjad Haider, Prof Kanwal Ameen, Dr Samia Raheel Qazi, Iftikhar Ahmed, Prof Dr Nadeem Ahmed and others also attended the meeting.

Copyright Business Recorder, 2022

Comments

Comments are closed.