2 sign MoU to unlock full potential in research, innovation
THE Council for Scientific and Industrial Research (CSIR) Ghana has signed a memorandum of understanding (MoU) with Heritors Lab Limited, to help shape the future of Ghana’s research landscape.
The agreement focuses on research and innovation market value chain mapping activities that will lead to the commercialisation of CSIR’s research output.
It comes at a time when state funded institutions lack the requisite funding to explore their full potential, due to the serious financial and economic challenges over the years.
The agreement, therefore, seeks to link research with market demand to bridge the gap between supply and demand and ensure that transformative solutions reach the intended beneficiaries to help contribute to socio-economic growth.
Signing on behalf of the CSIR at a short ceremony in Accra, the Director-General of the Council, Professor Paul P. Bosu, said the partnership was necessary because it would help his outfit reach a wider space audience in terms of production efficiency.
He said one main challenge of CSIR was to transfer technologies to end users, therefore, it was necessary for Heritors Labs to develop findings into finished products for the market.
“The main objective is that we will pool our resources together, whether human capacity, infrastructure and facilities, or financial resources.
We want to work with them to enable us to transfer our research and technology development to the private sector,” he said.
The Chief Executive Officer (CEO) of Heritors Lab Limited, Derrydean Dadzie, said while Heritors Lab represented a pioneering force in product development, software engineering, and innovation services, CSIR, on the other hand, had been at the forefront of driving innovation and technological advancement for socio-economic development.
He said through this partnership, his outfit aimed to leverage CSIR’s rich expertise, knowledge, and research infrastructure to drive impactful outcomes that benefited both the scientific community and society at large.
He said through this collaboration, the two organisations aimed to synergise their strength, resources and capabilities to unlock new opportunities and catalyse transformative change.
By focusing on sectors such as agriculture, industry, health, and the environment, the organisations will directly contribute to the key pillars of sustainable development.
“Through the development and commercialisation of innovative agricultural technologies, we can enhance food security, increase agricultural productivity and support rural development.
By addressing industry challenges and promoting sustainable practices, we contribute to the growth and competitiveness of the industrial sector,” Mr Dadzie said.
Stressing the importance of commercialising research and innovation outputs, he said the joint effort would focus on matching research outputs and inventions with industry partners, investors and venture capitalists.
This matchmaking process, he said, would not only drive technology transfer but also create opportunities for industry collaboration, investment and business expansion.