Pharmaceutical education development: Need of academia-industry tie-up

Academia-Industry partnership plays pivotal role in knowledge-based economies. The institutions are therefore considered as engines of development. The partnership or synergy between academia and industry is almost missing.The education system in the country did not have much scope for this type of collaboration to sprout. The research done in academic institutions is not translated in industrial realities; hence the institutes keep on starving for the funds. Major changes have to occur in the institutional structures to make the technology based growth feasible. Therefore, it is necessary to study bottlenecks of academia and industry so that we may find a balanced mechanism to promote industry-academia collaboration by focusing on knowledge transfer. As we are, need to make, very serious attempts in developing a database, www.aiip.info, to proliferate academia-industry interaction in the country.