Council for Scientific and Industrial Research (CSIR) and Heritors Labs have signed a memorandum of understanding (MoU) to explore avenues to boost research commercialisation in the country.
The partnership sets out to identify common areas of collaboration, with a particular focus on research and innovation market value chain, mapping activities that will lead to the commercialisation of CSIR’s research outputs or discoveries.
This agreement paves the way for a strategic partnership that holds immense potential for shaping the future of the country’s research landscape.
Director-General of CSIR, Professor Paul P. Bosu, told the B&FT that the MoU is essential as one main challenge faced by his outfit is how to transfer technologies and their discoveries to end-users, hence Heritors Labs coming on board will enable them to adequately transform those findings into finished products for the market.
He added that through the partnership, both parties will leverage their collective strengths, expertise, and resources to position the country at the forefront of scientific advancements and technological breakthroughs.
He is hopeful this partnership will enhance their operations as they build synergy for efficiency.
Professor Bosu stressed that research plays a crucial role in producing high-quality and improved end-products and pledged CSIR’s commitment to developing new crop varieties that meet the market demands.
“This partnership goes beyond a mere collaboration between two organisations; it represents a catalyst for socio-economic growth and transformation. By working together, CSIR and Heritors Labs have the potential to revolutionise the research and innovation landscape in Ghana. We firmly believe that research and innovation are essential drivers of sustainable development, economic growth, and improved living standards,” Chief Executive Officer (CEO) of Heritors Labs Limited, Derrydean Dadzie noted.
Mr. Dadzie said the joint efforts will focus on matching research outputs and inventions with industry partners, investors, and venture capitalists, adding that the matchmaking process will not only drive technology transfer but also create opportunities for industry collaboration, investment, and business expansion.
“By linking research with market demand, we bridge the gap between supply and demand, ensuring that transformative solutions reach the intended beneficiaries and contribute to socio-economic growth.
“For instance, through the development and commercialisation of innovative agricultural technologies, we can enhance food security, increase agricultural productivity, and support rural development. By addressing industry challenges and promoting sustainable practices, we contribute to the growth and competitiveness of the industrial sector,” he noted.
CSIR, as Ghana’s foremost public scientific research institution, has been at the forefront of driving innovation and technological advancement for socio-economic development. With its 13 research institutes, covering critical areas such as agriculture, industry, health, and the environment, it has played a pivotal role in generating and applying innovative technologies to address societal challenges.
On the other hand, Heritors Labs represents a pioneering force in product development, software engineering, and innovation services. It serves as a hub for research, development, and innovation.