<p>Chief Minister Basavaraj Bommai released the Karnataka Research, Development and Innovation Policy during the inauguration of the Bengaluru Tech Summit here on Wednesday.</p>.<p>The policy which was released during the inaugural session of the Bengaluru Tech Summit also aims to provide support for a “robust and well-connected ecosystem”, a press statement said.</p>.<p>The policy intends to strengthen governance and financing of the research and innovation system.</p>.<p>It will provide easy access to a skilled talent base, grassroot innovators, support for university-based cutting-edge research and researching enterprises for cooperation between industry and science and for innovative startups, the statement added.</p>.<p>The policy also requires each ministry of the state government to outline a budget for research and innovation activities.</p>.<p>To drive the regional R&D ecosystem in other parts of Karnataka, the policy also guides on incentivising the companies to set up their R&D laboratories outside Bengaluru.</p>.<p>In a push for the micro, small and medium enterprises (MSMEs) and entrepreneurs beyond Bengaluru, a digital platform - Karnataka Technology Innovation and Entrepreneurship (K-TIE) programme will be set up on the lines of the Union government’s Technology Exploitation and Entrepreneurship Development (TIDE) 2.0.</p>.<p>A “Karnataka State Research Foundation” will be set up to oversee and ensure the objectives of the policy.</p>
<p>Chief Minister Basavaraj Bommai released the Karnataka Research, Development and Innovation Policy during the inauguration of the Bengaluru Tech Summit here on Wednesday.</p>.<p>The policy which was released during the inaugural session of the Bengaluru Tech Summit also aims to provide support for a “robust and well-connected ecosystem”, a press statement said.</p>.<p>The policy intends to strengthen governance and financing of the research and innovation system.</p>.<p>It will provide easy access to a skilled talent base, grassroot innovators, support for university-based cutting-edge research and researching enterprises for cooperation between industry and science and for innovative startups, the statement added.</p>.<p>The policy also requires each ministry of the state government to outline a budget for research and innovation activities.</p>.<p>To drive the regional R&D ecosystem in other parts of Karnataka, the policy also guides on incentivising the companies to set up their R&D laboratories outside Bengaluru.</p>.<p>In a push for the micro, small and medium enterprises (MSMEs) and entrepreneurs beyond Bengaluru, a digital platform - Karnataka Technology Innovation and Entrepreneurship (K-TIE) programme will be set up on the lines of the Union government’s Technology Exploitation and Entrepreneurship Development (TIDE) 2.0.</p>.<p>A “Karnataka State Research Foundation” will be set up to oversee and ensure the objectives of the policy.</p>
