The adoption of Open Innovation methodologies and frameworks by global corporate organizations and academic institutes in developed economies has led to an increase in the transfer of novel ideas and applications from universities to the industry and expedited run-rate of commercialization.
Worldwide Academia Industry Network (WAIN)
Worldwide Academia Industry Network (WAIN) is an open innovation platform for collaboration between start-ups, universities, and corporates to solve challenging problems. It helps to create linkages between academia and industry and Corporations to collaborate in Research and Innovation, Academic Institutions-Industry Development Programs, Skills Development, Project-based and Strategic Partnerships. This platform uniquely brings together all stakeholders of an innovation ecosystem such as youth, academic professionals, industry professionals, policymakers and investors to enable the creation of valuable services such as funding, fellowships and sponsorships, mentoring, business and research incubation, talent identification and intellectual property management.
