The Hindu Business Line
NRDC, IIIT-H sign MoU
The International Institute of Information Technology, Hyderabad (IIIT-H) and National Research Development Corporation (NRDC) have signed a memorandum of understanding for cooperation in development of technologies. The agreement also calls for transfer of the same to industry for commercial and socio-economic benefits. NRDC will help IIIT-H manage its patent applications and tech transfers. On its part, IIIT will provide demonstrations of ‘productisable’ technologies and prototypes to assess their feasibility. NRDC has transferred about 5,000 technologies in different fields to start-ups and small and medium enterprises. It has filed 1,700 patents in India and abroad, it said in a statement said on Thursday.