A Comparative Analysis of Research Commercialization in India and Canada
The transformation of academic research into commercial applications is a crucial catalyst for economic growth and innovation. The present study provides a comparative analysis of the mechanisms by which Canada and India promote the commercialization of research via government policies, financial frameworks, and training programs. Both nations acknowledge the significance of connecting university and industry to assist small enterprises and startups, thereby cultivating a vigorous environment for technological progress.
The Canadian government significantly funds research commercialization via institutions including the Natural Sciences and Engineering Research Council of Canada (NSERC), the National Research Council (NRC), and Innovation, Science and Economic Development Canada (ISED). Initiatives such as the Industrial Research Assistance Program (IRAP) and Mitacs Accelerate provide financial assistance to startups and SMEs, whilst programs like the Canada First Research Excellence Fund (CFREF) promote sustained innovation. Canadian universities prioritize collaboration between industry and academia via incubators like MaRS Discovery District and Creative Destruction Lab (CDL).
Conversely, India has instituted various programs to improve research-to-market transitions, such as Startup India, Atal Innovation Mission (AIM), and Technology Business Incubators (TBIs). The Department of Sciences and Technology (DST) and the Council of Scientific and industry Research (CSIR) allocate grants and funding for industry research. The Make in India project promotes both foreign and indigenous investment in development and research, whilst the National project for Developing and Harnessing Innovations (NIDHI) facilitates early-stage businesses. Both nations prioritize education via university-industry collaborations, mentorship schemes, and cooperative programs. Canada possesses a well-organized internship and cooperative education framework, whereas India is enhancing its vocational training under the Skill India initiative.
In summary, the transition of academic research into industrial applications is a critical factor in fostering innovation and economic growth. This study provides an in-depth comparative analysis of the research commercialization landscape in Canada and India, with a focus on nanotechnology and its potential for industrial transformation. By examining funding structures, government initiatives, training programs, and university-industry collaboration, this study identifies best practices that can accelerate research-to-market transitions while strengthening international partnerships. The findings offer strategic insights into optimizing commercialization pathways for nanotechnology-driven startups and small businesses in Canada and India.
Date and Time
Location
Hosts
Registration
- Date: 19 Feb 2025
- Time: 03:00 PM to 04:00 PM
- All times are (UTC+05:30) Chennai
-
Add Event to Calendar
- Motilal Nehru National Institute of Technology Allahabad, Prayagraj
- Allahabad, Uttar Pradesh
- India 211004
- Building: ECED, Conference Room
- Contact Event Host
- Co-sponsored by Prof. Yogendra Kumar Prajapati
Speakers
Conrad Rizal of Seed NanoTech International Inc.
A Comparative Analysis of Research Commercialization in India and Canada
Biography:
Dr. Conrad Rizal is the Director of Seed NanoTech International Incorporated, where he leads cutting-edge research and development in nanomagnets, nanomaterials, magneto-optics, nanophononics, and sensor technologies. He holds a Master of Science and a Doctor of Engineering from the Muroran Institute of Technology, Japan, and a Doctor of Philosophy (PhD) from the University of British Columbia, Canada.
Dr. Rizal’s multidisciplinary expertise and pioneering contributions in nanotechnology have been recognized through prestigious fellowships and awards from Nepal, Japan, the United States, and Canada. His professional experience spans senior academic and industry positions in Japan, the United States, Qatar, and Canada, where he has significantly contributed to advancements in fundamental and applied nanotechnology.
An accomplished researcher, Dr. Rizal has authored and co-authored over 100 peer-reviewed publications, holds multiple international patents, and has written and edited numerous review articles, perspectives, and books. He is an Associate Editor for IEEE Access and serves as a guest editor for several scientific journals and magazines.
As a Chartered Electrical Engineer with the Institution of Engineering and Technology (IET), United Kingdom, and a Senior Member of IEEE, Dr. Rizal continues to make impactful contributions to the global scientific community, shaping the future of nanotechnology and sensor innovation.
Email:
Address:Seed NanoTech International Inc. 197 Wilkinson Rd, Unit 9, Brampton, ON L6T 5E3 Canada, , Brampton, ON, Ontario, Canada
Sabita Bhandari
A Comparative Analysis of Research Commercialization in India and Canada
Biography:
Dr. Sabita Bhandari is a dedicated professional with expertise spanning banking, sustainable energy management, education, and SME development. Currently serving as an Assistant Manager in the HR Department at Rastriya Banijya Bank Ltd. (Government Bank) in Nepal, she plays a crucial role in staff recruitment, training, employee relations, and strategic HR functions within the financial sector.
Dr. Bhandari holds a Doctor of Philosophy (PhD) in Sustainable Energy Management from Prince of Songkla University, Thailand. Her research focuses on the financial feasibility and economic impact of solar energy for household consumption, addressing critical aspects of energy policy and economic sustainability. She has presented her research at international conferences, including ICAPMOT 2025 in Canada, and has contributed to academic literature on solar energy and financial management in developing economies.
Beyond academia and banking, Dr. Bhandari has actively contributed to education and SME support. She has taught business administration and management courses at Ritz Engineering and Management College and Nepal Mega College, mentoring students in financial and business principles. As an Enterprise Facilitator for the International Labour Organization (ILO) and the Federation of Nepal Cottage & Small Industries (FNCSI), she has supported small and medium enterprises (SMEs) in registration, formalization, and capacity-building initiatives, facilitating access to financial services and business development opportunities.
Dr. Bhandari is a prolific researcher and speaker, with her work featured in peer-reviewed journals and conferences. Her publications explore the intersection of banking, sustainable finance, and renewable energy, offering insights into how financial institutions can drive economic development through sustainable energy policies.
Her leadership extends to community and professional organizations, including her tenure as Chartered President of the Lions Club International (LCB Luminous), Butwal, and Executive Committee Member of Toastmasters International Club, Butwal. She has received national and regional awards recognizing her contributions in leadership and cultural promotion.
With her strong analytical skills, strategic insight, and commitment to financial and energy sustainability, Dr. Bhandari continues to make significant contributions to banking, academia, and sustainable economic development in Nepal and internationally.
Address:Nepal
Media
| Event Photos | 1.24 MiB | |
| WhatsApp_Image_2025-02-19_at_5.34.39_PM | 1.21 MiB | |
| WhatsApp_Image_2025-02-19_at_5.34.38_PM__1_ | 1.24 MiB | |
| WhatsApp_Image_2025-02-19_at_5.34.22_PM__1_ | 1.54 MiB | |
| WhatsApp_Image_2025-02-19_at_5.34.22_PM__1_ | 1.54 MiB | |
| WhatsApp_Image_2025-02-19_at_5.34.35_PM__1_ | 933.31 KiB | |
| WhatsApp_Image_2025-02-19_at_5.18.21_PM__1_ | 451.75 KiB | |
| WhatsApp_Image_2025-02-19_at_5.18.21_PM | 440.26 KiB | |
| WhatsApp_Image_2025-02-19_at_5.18.22_PM__1_ | 248.77 KiB |