Haadi Ali Uppal from Roots International College has called for strengthening Academia-Industry ties to bridge the gap between demanded skills and supplied skills that would help in absorbing the educated youth in the job market curtailing unemployment resulting poverty alleviation.
He said on Wednesday, that industrial revolution in the West was the outcome of close collaboration between universities and industries and Pakistan could also achieve better economic progress by cementing these linkages. He further said that the key to economic growth today is the human resource equipped with knowledge and technology to respond to the world market. We need to focus on the capacity building of students to prepare them for the challenges of modern world through innovative ideas. Innovation was lifeblood of any nation and economy was a key ingredient behind its sustainable progress and prosperity.
China had tapped the potential of their human resource and emerged as a giant in the world market. Developed countries were reducing cost of production by applying new methods and using advanced technology in production of their goods. In Pakistan the allocation of money for research in the field of science and technology was meager which could not help to conduct applied research to benefit industries, he added.
Haadi Ali stressed academia and corporate to sit together and addressed the future needs of the country, so that corporate sector could avoid spending heavy funds on technology transfer from abroad. He pointed out that in Netherlands about 99.9 percent research work was being carried out by academia and funded by industrialists.
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