NUTECH Innovation Centre (NIC)

NUTECH aspires to be the “Flag Bearer University of 4th industrial revolution (Industry 4.0)”. Concept of innovation is imbedded in Industry 4.0. Innovation is defined as the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service. The application of practical tools and techniques that make changes, large and small, to products, processes, and services that result in the introduction of something new for a university that adds value to students as customers and contributes to the knowledge store of the organization. The innovation as a value driver concept is very important for assessing the efficiency of innovation in a university. In this concept, innovation is defined as a source of competitive advantage and is seen as a decisive factor for intellectual, academics, professional and economic growth and the basic condition of University development in a competitive knowledge-driven environment. From an organizational point of view, the adoption of innovation may lead to improved intellectual and professional efficiency; create better knowledge eco-system, intellectual competitive advantage and flexibility that ensure sustainable development of university products, invention etc. in a dynamic changing knowledge driven environment. Therefore, it is vital for NUTECH to focus, cherish and foster innovation as culture of each segment of the university.

NIC Hierarchy