Sep 5, 2013
Invention is not innovation
I met Prof.Malik Ranasinghe today at SLASSCOM CXO breakfast briefing. He was one of the panelists of the forum "Impact of policies concerning the internet on innovation and economic growth".
I have great respect for him. He was the Vice Chancellor when I was at University of Moratuwa. He bridged the Corporate - University deadlock by initiating key engagements.
He said" inventions are what we do at school and university level". Sri Lankan inventors are afraid. They are in constant fear that their ideas will be stolen by someone else. That is not innovation."
"Innovation happens when an idea gets viral to be adopted by general mass"
He went on to say, " if you want innovation to happen, get out of university, meet the industry, seek until someone buys your idea to make it main stream"
Pic: Getty Images Preview
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