Tamil Nadu Agricultural University (TNAU) has signed an MOU with National Research Development Corporation (NRDC),Delhi,for licensing and commercial exploitation of specified inventions, processes and know-how whether patentable or not, developed by TNAU.
Under the MOU, NRDC would give wide publicity to TNAU technologies and processes and to generate necessary market data/profiles, pre-feasibility, feasibility project reports, so as to promote speedy and effective licensing and commercialisation of the technologies,a TNAU release said.
The MoU was signed by Somnath Gosh, Chairman and Managing Director on behalf of NRDC and Dr P Subbian, Director of Agri-business development for TNAU, last evening.
NRDC was set up by Government of India with the objective, inter-alia of promotion, development, licensing and commercial exploitation of indigenous technology, know-how and inventions including the technical and engineering know-how generated by various laboratories and institutions in the country.