Grow at home, engage abroad: External Affairs Minister Jaishankar tells students at IIT Madras event

Why in news

External Affairs Minister S. Jaishankar launched the IITM Global Research Foundation at IIT Madras to facilitate international academic collaborations and technology transfers.

Background

The IITM Global Research Foundation aims to facilitate collaborations with institutions in the US, UK, Germany, Dubai, Singapore, and Malaysia. It focuses on global talent exchange, technology transfer, joint development agreements, and startup collaboration to leverage Indian innovation.

Facts for Prelims

• BodyIITM Global Research Foundation: established at IIT Madras to expand academic and research strengths internationally
• FactThe foundation targets collaborations with institutions in the US, UK, Germany, Dubai, Singapore, and Malaysia
• PostS. Jaishankar: Minister of External Affairs

For Mains

Q. Discuss how strengthening international academic and research collaborations can enhance India's position as a global hub for innovation and technology transfer.

Dimensions to cover in your answer

• Knowledge diplomacy: Leveraging academic partnerships to project soft power and foster technology transfer
• Economic synergy: Attracting foreign investment through joint development agreements and startup collaborations
• Human capital mobility: Facilitating global talent exchange to address complex global challenges

Keywords: Knowledge Diplomacy · Technology Transfer · Human Capital · Innovation Ecosystem · Soft Power

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