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Speakers for more investment in R&D in universities

Speakers at a webinar today called for harnessing more investment in the research and development (R&D) in the country’s universities in order to remain competitive globally.

They made the call at the webinar of Dhaka Chamber of Commerce & Industry (DCCI) titled “Industry and Academia Linkage: Role of Academia” held today.

Prof. Satya Prasad Majumder, Vice Chancellor, BUET, M Abul Kashem Mozumder, Pro-Vice Chancellor, Bangladesh University of Professionals, Dr. Carmen Z Lamagna, Vice Chancellor, American International University of Bangladesh and Prof. Imran Rahman, Special Advisor (Board of Trustees) & Dean, University of Liberal Arts Bangladesh joined as special discussants.

Prof. Satya Prasad Majumder, Vice Chancellor, BUET said industry-academia collaboration in the USA, Europe and South Korea can be the example for Bangladesh.

“Moreover, we need to adopt short and long term planning. For technological innovation, research and necessary funding for it are must,” he said.

He called upon both the government and private sector to come up with adequate funding for research and innovation.

Prof Satya also underscored the importance of redesigning the curriculum emphasizing on technology, innovation, business incubation, startups and entrepreneurship development.

He also said that industry representation in the academic council and advisory board of universities would minimize the gap between industry and academia.

M Abul Kashem Mozumder, Pro-Vice Chancellor of Bangladesh University of Professionals said that students need training and facilities to do research.

Universities mainly focus on teaching, research and entrepreneurship development. He emphasized on representation of industries in the university governing body, syndicate and senate.

For research and development, he said there is a lack of necessary funding, but to get adequate funding, government should give tax benefits to this precious investment.

Dr. Carmen Z Lamagna, Vice Chancellor, American International University said that the industry and academia gap constitutes of curriculum mismatch with the industry standard, lack of working environment for interns, academics without industry exposure etc.

She also urged on research and advanced training. “Government can arrange financial incentives, policy regulations, guidance and support and infrastructure development to foster industry-academia collaboration,”she added.

Prof. Imran Rahman, Special Advisor (Board of Trustees) & Dean, University of Liberal Arts Bangladesh said linkage between industry and academia needs joint initiative.

“Universities should modernize the teaching method. There are three aspects of education that are teaching, research and career placement,” he added.

Imran said, “But as a whole we need to redesign our curriculum in line with the demand of 4th industrial revolution and market demand. Most important thing is research & innovation and for that, industry can join hands to inject necessary fund for research considering it as an investment,”

DCCI President Rizwan Rahman said due to technological advancement and industrial transformation, automation would axe many occupations with low-skilled, repetitive jobs.

“But, on the other hand, to remain competitive globally we need to identify the skills gap and readiness,” he added.

Rizwan said universities can integrate industry-related contents in the undergraduate programmes to orient on industrial state to make them ready for meeting industrial challenges.

He also suggested for updating the University curriculum incorporating the best practices followed in best Western and regional universities.

“And for that Collective initiative of UGC and University is needed.” He said.

The DCCI President also underscored the importance of research based universities with a special focus to science, technology, engineering and math.

(BSS)

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