Mobile internet, cloud computing, social media and electronic hardware are the four big segments that will drive innovation and fuel a lot of demand for professionals in the field of Intellectual Property Rights (IPR), experts on Wednesday said. Start up companies must make sure that they come up with the next big idea not for the famed ‘silicon valley’ but millions of users in India, who are going to consume mobile data, social media and electronic hardware, they said.
In a two-day executive programme on ‘Strategic IP Management for Electronics and IT Sector’, organised by Confederation of Indian Industry (CII) and A.P. Technology Development and Promotion Centre (APTDC), industry leaders said there was a need to set up incubation centres too.
“We need at least 15 to 20 incubation centres in the two States to encourage start-up companies. These centres need to be provided with necessary support like mentors, teachers and laboratory facilities. We need to encourage IT based start-up companies and for that to happen, we have to teach our students not to be job seekers but to be job creators,” felt CMD, Infotech, Dr. B.V. R. Mohan Reddy.
Dr. Mohan Reddy did a bit of crystal ball gazing and predicted that mobile internet and 3D printing technologies are the next two big things that would generate employment and create more IP.
Secretary, Department of Information Technology, Electronics and Communications, Sanjay Jaju said that in terms of innovation what was happening in 60s and 70s in Silicon Valley, USA is now happening now in India.
“I would predict that in another five years, there would emerge Indian start-up companies, which will command billions in acquisition. Innovation is happening everywhere in Hyderabad, Bangalore and smaller centres like Pune. Mobile internet, social media, electronic hardware and cloud computing will drive employment for the next two decades,” he said.
Commissioner, Commissionerate of Industries, Rajat Kumar said that students here are not encouraged to think independently. “Even in primary classes, they are always made to follow rote learning. For IIT graduates getting jobs is important and not creating them,” he said.
