Innovation: ‘Use patents income to run universities’

Published: January 25, 2015
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Hailey College of Commerce Principal  Punjab Ombudsman’s Secretary Shahanshah Faisal and Assistant Professor Khalid Khan also attended the seminar. PHOTO: EXPRESS

Hailey College of Commerce Principal Punjab Ombudsman’s Secretary Shahanshah Faisal and Assistant Professor Khalid Khan also attended the seminar. PHOTO: EXPRESS

LAHORE: 

Only 30 patents are registered in the country in a year compared to 30,000 in Korea, Research Teck Chief Executive Officer Zahoor Sarwar said on Saturday.

He was speaking at a seminar, titled Patents and their Outcomes and How to Write a Research Paper for High Impact Factor Journals. The Punjab University’s Hailey College of Commerce had organised the seminar in collaboration with the Lahore School of Management.

Sarwar told the participants that many universities were run using the income generated from patents developed there.

College of Management Sciences, Gujranwala, chairperson Adil Bilal told the participants how some softwares could be used for qualitative research.

Hailey College of Commerce Principal Hassan Mobeen Alam, Punjab Ombudsman’s Secretary Shahanshah Faisal and Assistant Professor Khalid Khan also attended the seminar.

Published in The Express Tribune, January 25th, 2015.

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Reader Comments (1)

  • optimist
    Jan 25, 2015 - 6:47AM

    There is not a single university in the world that relies on 100% support from patents. Most of the Unis are funded by taxpayers.
    .
    Pakistan is emerging on patents, research and IP markets during last 10 years or so. It is the first time we see Pakistanis doing PHDs in great numbers (1000s) from reputable Western Universities. I think we will start reaping rewards of this policy in near future. There was a time that we had few people who were PHDs but now 1000s of foreign qualified PHDs have returned.
    .
    Patents being registered by Pakistanis are of very high quality (I have seen few IT related and Agriculture related applications). Of course Korea is much ahead of Pakistan but the numbers don’t do justice. 90% of their patents are sometimes very basic and are only registered to stop others from registering them first. Many developed countries do that. For example, a fan has nearly 15 patents registered in the US. I have seen one Japanese application for patent where you just replace the cap of soft drink with a ‘patented’ cap to contain the gas.

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