Objective

The main objectives of promotion of Research and Entrepreneurial activities are:

• To stimulate, facilitate, and support the development of the greater capacity to find research-based solutions of major challenges.
• Linking higher education to Employment’s field.
• Transfer of knowledge, methodology, and practice of technology-based entrepreneurship and support for the creation of technology-based businesses.
• To generate employment opportunities in India state.
• To bring radical changes in the environment through the creation of a significant new value, usually an innovation, and sometimes a new economic sector. 

Rationale

It is widely recognized that entrepreneurship plays a pivotal role in economic development at both national and local level and that entrepreneurs are key agents of innovation in market economies. Entrepreneurship in general and new business formation, in particular, is viewed as a way to ensure the creation of jobs in both the short run and over the longer term perspective. Individuals can only decide to start businesses when they recognize specific entrepreneurial opportunities in particular field. Research generates those opportunities and provides support for setting up entrepreneurial venture.

Outcomes

• A creative idea will come into limelight which will provide new opportunities for setting up business.
• A number of entrepreneurial projects will establish with the help of promotion of research in this field.
• Self-employment will increase.
• Quality of researchers will be promoted which will link knowledge with innovation and the more innovative project will be established.
• It will provide an opportunity to the talent pool of India to show their innovative ideas.

Plan for promoting Research and Entrepreneurial Activity

• Linking Higher educational Institution with the field of science and technology
• Creation of physical infrastructure and support systems for business incubation
• Provide funds for entrepreneurial research
• National and International  level competition for entrepreneurial project
• Conducting Idea-to-execution programs/workshops for setting up business.