Atal Ranking of Institutions on Innovation Achievements
The buzzword across the globe for the 21st century is ‘Innovation’. In the simplest term, Innovation could be defined as converting ideas into new or improved products, processes and services. Undoubtedly, Innovation is about taking inventions to marketplace by translating scientific knowledge into products, services and offerings for economic growth and social development. Even, Hon’ble Prime Minister of India has declared decade 2010-20 as the ‘Decade of Innovation’, to unleash the creative potential of every Indian. India has already been improving on global stage in terms of Innovation ranking from 86th place, 5 years ago, to 57th place this year.
To emerge as a global innovation hub, the youth of our country, especially in Higher Education Institutions need to play a crucial role to create a sustainable innovation ecosystem. Hence, ideally all HEIs should have a comprehensive and functional mechanism to convert research into innovations. This ecosystem will encourage, inspire and nurture young students by exposing them to new ideas and processes resulting in innovative activities in their formative years.
Atal Ranking of Institutions on Innovation Achievements (ARIIA) is an initiative of Ministry of Human Resource Development (MHRD), Govt. of India to systematically rank all major Higher Educational Institutions and Universities in India on indicators related to “Innovation and Entrepreneurship Development” amongst students and faculties.
Major Indicators for consideration
Assessment of innovation and startup ecosystem in Higher Education Institutions will be based on seven parameters with certain weightages allocated as below.
Budget, expenses to support & revenue generated
Infrastructures & Facilities to Support Innovations and Start-ups
Awareness Activities for Promoting Idea Generation and Innovation
Promotion and Supporting Entrepreneurship Development
Intellectual Property (IP) Generation, Technology Transfer and Commercialization
Innovative Learning Methods & Courses
Innovations in Governance of the Institution