The Indian Institute of Science (IISc), Bangalore, on Wednesday signed a Memorandum of Understanding (MoU) with the Indian Institute of Management Bangalore (IIM-B) in a move that will deepen the academic exchange and collaboration between the two institutions.
The MoU focuses on two goals — to have closer academic collaborations between the two Institutes and to initiate technology and innovation management activities related to science-based intellectual property generated at IISc and co-created between the two.
The academic activities will cover joint academic programmes in all areas of science (pure science and engineering) and management, and will share the wealth of complementary wisdom and pedagogical experience the Institutes possess. The technology and innovation management activities will involve joint identification of intellectual property at IISc, strategies for its marketing, joint incubation and start-up companies between IISc and IIMB.