According to the policy for students’ start-ups, participation in start-up related activities by faculty members will be considered legitimate.
This is in addition to teaching, research and development projects, industrial consultancy and management duties and must be considered while evaluating the annual performance of the faculty.
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“For better coordination of the entrepreneurial activities, norms for faculty to run start-ups should be created by institutes. Only those technologies should be taken for faculty start-ups which originate from within the same institute,” a senior AICTE official told PTI.
“Institutes should work on developing a policy on ‘conflict of interest’ to ensure that the regular duties of a faculty member don’t suffer owing to his or her involvement in the start-up activities,” the official said.