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PDF: 2962 pages, 5.2 MB - Bay Area Council Economic Institute

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Indian Students: Innovation and Quality of Life Are Still a Draw<br />

A $2.8 million, three-year first phase of the joint program has been<br />

sponsored by EBI, the IIT Foundation and Berkeley/LBNL faculty to<br />

host the summer sessions, continued research at IIT-Kharagpur,<br />

joint student/faculty research at both schools, and reciprocal faculty<br />

visits toward completion of final-year projects. IIT Foundation seeded<br />

the first phase of the collaboration, and has agreed to facilitate fund<br />

raising activities so that alums can make “targeted donations” to fund<br />

the UCB IIT KGP collaboration. The second phase will focus on<br />

extended joint research and bringing scientific discoveries to market.<br />

Sharing of intellectual property (IP) patents in this kind of crossborder<br />

exchange has frequently been a challenge. IIT-Kharagpur<br />

benefits from its work studying IP regimes worldwide through its<br />

Rajiv Ghandi School of Intellectual Property.<br />

The IIT Foundation was created in 1992, specifically as an alumni<br />

fundraising association, by Vinod Gupta, an IIT-Kharagpur graduate<br />

and founder of market database developer InfoUSA. The<br />

Foundation has 11 U.S. chapters and 15 others worldwide. Its<br />

global membership numbers 11,700, with 4,300 in the U.S. and<br />

nearly 1,200 in California, of which about 800 are in the <strong>Bay</strong> <strong>Area</strong>.<br />

The proximity of the UC Santa Cruz (UCSC) campus to Silicon Valley and the South<br />

<strong>Bay</strong> Indo-American community has produced a number of significant <strong>Bay</strong> <strong>Area</strong>-India<br />

collaborations, among them:<br />

• the Kamil and Talat Hasan Chair in Indian Classical Music, begun in 2000 with an endowment<br />

from the Saratoga couple, respectively a general partner with Hi Tek Venture Partners<br />

and CEO of Sensys Instruments, and their Hasan Family Foundation; the chair is the<br />

first of its kind in the United States;<br />

• the Ali Akbar Khan Endowment for Indian Classical Music, a 1999 Hasan Family Fund<br />

endowment that helped bring Indian star musician Ali Akbar Khan to the UCSC campus<br />

as Distinguished Adjunct Professor of Music;<br />

• the Sarabjit Singh Aurora Chair in Sikh and Punjabi Studies;<br />

• the Kumar Malavalli Chair in Storage Systems, funded through a $1 million 2004<br />

donation made to UCSC’s Basking School of Engineering by Malavalli, the founder of<br />

Brocade Communications;<br />

• the Narinder Singh Kapany Chair in Optoelectronics, launched with a 1999 endowment<br />

from Dr. Kapany, founder of K2 Optronics and Kaptron, former director of UCSC’s<br />

Center for Innovation and Entrepreneurial Development (CIED), and a Stanford<br />

visiting scholar;<br />

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