Key Points
Infosys Science Foundation President Kris Gopalakrishnan and trustee NR Narayana Murthy during a press conference in Bengaluru on Wednesday..
IT industry veterans N R Narayana Murthy and Kris Gopalakrishnan on Wednesday batted for increasing funding for research and higher academic institutes in the country by both the private and public sector, and stressed on the need for changing certain archaic things by bringing in innovative ideas in this regard...
Speaking to reporters here, Gopalakrishnan, who is also the co-founder of IT major Infosys, said, We also need to increase our funding for research, both from private and public.... more is needed..
I want to see more industry participation also, he said.. Concurring with him, Murthy said there is a need to change some of the archaic things; for example, even today an entrepreneur cannot donate shares to academic or research institutions...
Entrepreneurs will not have much money, but they can give shares, Murthy, who is also co-founder of Infosys, said and added, Once the company achieves certain growth, they (institutions which were given shares) will get a dividend, which will itself be very significant and they will keep multiplying value..
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