ISB and Biocon join hands

Updated on: Thursday, June 11, 2009

innovation at low cost. Biocon is contributing an initial investment of Rs 1 crore to setup BCIM.

The partnership between Biocon and ISB further strengthens the trend started by ISB when its founding fathers attracted the support of industry to establish an international quality business school in India.

The primary objective of the BCIM is to foster innovation and link it to operational excellence. "India and other emerging markets have developed breakthrough ideas in the process of facing challenges unique to their countries.

BCIM will focus on understanding and streamlining these knowledge processes through research. We will discover best practices, success stories and processes that have worked for various organisations and prepare a framework that can be implemented by any company across the world," said Professor Prasad Kaipa, the Executive Director of CLIC at the ISB, who will drive BCIM.

A representative of Biocon, the Executive Director of CLIC, other prominent industry leaders and academics in the area of innovation and strategy will comprise the Board of BCIM.

The board will play an advisory and enabling role by providing research ideas that will assist the activities of BCIM to create maximum impact.

Biocon will provide funding over a minimum 10 year period as and when required.

Educationtimes

ISB and Biocon join hands

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