Innovation can make a difference in addressing urgent developmental challenges. The transfer and, when necessary, adaptation of technologies developed in emerging markets can often contribute significantly to attain these challenges. Substantial research efforts are needed to find solutions that address other global challenges.

Industry experts recommend that national and international research as well as the goals and objectives of these works should be commercialized and industrialized in order to ensure sustainability. The best way to realize the commercial impact of these researches is to create an “Innovative Industrial Environment”.

To support the activity, government is proposing to work in partnership with the private sector in order to commercialize innovations and inventors, thereby helping government to enhance economic efficiency and productivity.

The IIC – Innovation & Innovator Cell at Khulna University of Engineering & Technology is the first institutional backbone in Bangladesh for developing technology transfer and innovation management of national STI (Science, Technology and Innovation) and IP (Intellectual Property) development and its commercialization, industrialization and internationalization.