The Hindu Business Line : ‘Entrepreneurs must understand issues of start-ups’

Hyderabad, March 2 India has a natural talent to promote entrepreneurs unlike in the UK because as a nation people here are business oriented, according to Prof. Christopher R. Lowe, Director, Institute of Biotechnology, University of Cambridge.

Speaking to Business Line here during a recent visit, he said that in India there has been a good start in this direction. The way to move ahead was to make sure that the right tools are used at the appropriate time.

“By tools, I mean entrepreneurs must understand the issues of start-ups and where the problems are likely to come up and then with a bit of encouragement which is more symbolic from the Government the industry will take off well,” Prof. Lowe said.

Apart from India, he said that even China has very good talent as compared to other nations, including Japan.

“The problem for India will be the rise of the Chinese entrepreneurs as things like infrastructure among others have to be developed in India. On the other hand, many other countries in the region such as Korea though are doing well at the moment I feel that they have become more institutionalised and this is where India and China can cash in,” he added.

Speaking about the course on entrepreneurship at his institute, he said, “The course was originally modelled on the line of the MIT’s Bio-Medical Programme. But since then we have evolved it and changed it.”

“Apart from entrepreneurs coming for taking classes, we also have people from law firms and different areas that are interlinked to give lectures,” he said.

So far more than 100 people have graduated from the biotechnology entrepreneurship programme.

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