1. Higher Education Forum 2017: Research Leading the Way in Economic Development
Youngsuk “Y.S.” Chi
October 31, 2017

2. List of India’s ‘Unicorns’2
List of India’s ‘Unicorns’
Company
Valuation ($B)
Date Joined
Industry
Select Investors
Flipkart
$11,600,000,000
8/6/2012
eCommerce
Accel Partners, SoftBank Group, Iconiq Capital
Snapdeal
$7,000,000,000
5/21/2014
SoftBankGroup,Blackrock, Alibaba Group
One97 Comms.
$5,700,000,000
5/12/2015
Fintech
Intel Capital, Sapphire Ventures, Alibaba Group
Olacabs
$3,650,000,000
10/27/2014
On-demand
Accel Partners, SoftBank Group, Sequoia Capital
ReNew Power
$2,000,000,000
2/14/2017
Energy
Goldman Sachs, JERA, Asian Development Bank
Hike
$1,400,000,000
8/16/2016
Social
Foxconn, Tiger Global management, Tencent
Shopclues
$1,100,000,000
1/12/2016
Nexus Venture Partners, GIC Special Investment
InMobi
$1,000,000,000
12/2/2014
Adtech
Kleiner Perkins Caufield & Byers, Softbank Corp.
Quikr
4/7/2015
Brand Capital, Tiger Global Management
Zomato Media
4/10/2015
Sequoia Capital, VY Capital
Source: CB Insights

3. clean energy solutions3
ReNew Power
Inspiring leadership
driving its success
Joined ‘unicorn club’
in Feb. 2017
Providing impactful
clean energy solutions
Source: ReNew Power

4. Sumant Sinha – CEO & Chairman of ReNew Power4
Sumant Sinha’s Story
Sumant Sinha – CEO & Chairman of ReNew Power
… moved to clean energy
Started in banking…

5. Sumant Sinha – CEO & Chairman of ReNew Power5
Sumant Sinha’s Story
Sumant Sinha – CEO & Chairman of ReNew Power
$200 M investment

6. Sumant Sinha – CEO & Chairman of ReNew Power6
Sumant Sinha’s Story
Sumant Sinha – CEO & Chairman of ReNew Power
25 megawatt wind farm

7. Sumant Sinha – CEO & Chairman of ReNew Power7
Sumant Sinha’s Story
Sumant Sinha – CEO & Chairman of ReNew Power
Invested in wind power…
… diversified into solar

8. Sumant Sinha – CEO & Chairman of ReNew Power8
Sumant Sinha’s Story
Sumant Sinha – CEO & Chairman of ReNew Power
2.5GW
of power
$2 B
valuation

9. 9
Sumant Sinha’s Story
Academia
Industry
Government

10. (1) (2) (3) Maximizing the economic effect of research10
(1)
Focusing research into high-impact areas
(2)
Employing evidence-based assessment
(3)
Fostering academic-corporate collaboration
Sources: Icon Finder, Wikimedia Commons

11. (1) Maximizing the economic effect of research11
(1)
Focusing research into high-impact areas
Source: Siemens

12. (1) Maximizing the economic effect of research12
(1)
Focusing research into high-impact areas
For Higher Education to drive economy through 4IR, the key is to:
Identify what research will matter the most in the future…
…and invest in those research areas
Source: Siemens

13. (1) Maximizing the economic effect of research13
(1)
Focusing research into high-impact areas
ESDM sector growth
approx. 26%
through 2020
Electronics Manufacturing
ESDM sector value
Source: Business Standard; Make In India “Fueling Electronics Manufacturing”

14. 4IR (1) Maximizing the economic effect of research14
(1)
Focusing research into high-impact areas AI
Robotics
Manufacturing
Innovating
4IR
IoT
Nanotech
Biotech
Source: Icon Finder

15. “Whoever becomes the leader in Artificial Intelligence will become the
Maximizing the economic effect of research 15
(1)
Focusing research into high-impact areas
“Whoever becomes the leader
in Artificial Intelligence will become the
ruler of the world.”
Vladimir Putin
President of Russia
Source: Engadget

16. (1) Maximizing the economic effect of research16
(1)
Focusing research into high-impact areas
“We have to identify an opportunity early and go for it.
While it may be a high-risk endeavor, the fruits will taste just that much sweeter.”
Sumant Sinha
CEO & Chairman of ReNew Power
Source: LiveMint

17. What research is growing in importance…
Maximizing the economic effect of research 17
(1)
Focusing research into high-impact areas
What research is growing in importance…
Which topics receive funding?
Who is driving that research
Source: SciVal

18. (2) Maximizing the economic effect of research18
(2)
Employing evidence-based assessment

19. (2) Maximizing the economic effect of research19
(2)
Employing evidence-based assessment
Evidence-based approach to monitor
the impact
…to make more informed decisions

20. (2) Maximizing the economic effect of research20
(2)
Employing evidence-based assessment
Source: Broadsheet.ie

21. (2) Maximizing the economic effect of research shows us21
(2)
Employing evidence-based assessment
shows us
where we’re strong…
…and where
we can improve
Source: Broadsheet.ie

22. Data from 220 nations and 5,300 research institutions worldwide
Maximizing the economic effect of research 22
(2)
Employing evidence-based assessment
Data from 220 nations and 5,300 research institutions worldwide
Track
Analyze
Visualize
Source: Broadsheet.ie

23. (2) Maximizing the economic effect of research23
(2)
Employing evidence-based assessment
Track Researcher Profile
Performance Assessment
Research Networking
Source: Broadsheet.ie, Elsevier

24. (3) Maximizing the economic effect of research24
(3)
Fostering academic-corporate collaboration

25. (3) Maximizing the economic effect of research25
(3)
Fostering academic-corporate collaboration
Academia
Industry

26. Average Number of Citations per publication (1996 -2016)
Maximizing the economic effect of research 26
(3)
Fostering academic-corporate collaboration
Average Number of Citations per publication ( )

27. (3) Maximizing the economic effect of research27
(3)
Fostering academic-corporate collaboration

28. (3) Maximizing the economic effect of research28
(3)
Fostering academic-corporate collaboration

29. (3) Maximizing the economic effect of research29
(3)
Fostering academic-corporate collaboration
Agro-Tech
Pharma
Defence
ICT
Research Institutes
Private Sector

30. Conclusion Focusing research into high-impact areas30
Focusing research into high-impact areas
Employing evidence-based assessment
Fostering academic-corporate collaboration
$200M Investment
$2B Valuation

31. Conclusion
IIT Delhi

32. Thank you!
Questions from the audience?