The Institution’s Innovation Council at Jaipuria Institute of Management, Ghaziabad organized an insightful Expert Talk on Technology Readiness Level (TRL), MRL, IRL, IP Commercialization, and Technology Transfer on 17 February 2026 at the JIM Auditorium.
The session was delivered by Mr. Ishu Bansal, Co-Founder of Truck Suvidha, who brought valuable entrepreneurial and industry insights to the academic platform. The event was coordinated by Dr. Devi Archna, Dr. Namita Nigam, and Dr. Smita Agrawal.
Objective of the Expert Talk
The session was designed with a clear innovation-driven purpose:
- Create awareness about Technology Readiness Level and Innovation Readiness Level
- Familiarize students with Intellectual Property commercialization and technology transfer processes
- Bridge the gap between academic innovation and industry application
- Motivate students towards product development, innovation, and startup thinking
In a rapidly evolving innovation ecosystem, understanding how ideas move from concept to commercialization is critical for management students.
Understanding TRL, MRL, and IRL
During the session, Mr. Ishu Bansal explained how technologies evolve through different stages before becoming market-ready solutions.
Students gained clarity on:
- Technology Readiness Level (TRL) and how it measures technological maturity
- Manufacturing Readiness Level (MRL) and production feasibility
- Innovation Readiness Level (IRL) and commercialization preparedness
He emphasized that successful innovation is not only about ideation but also about structured validation, testing, scalability, and market alignment.
Intellectual Property and Commercialization
A major focus of the talk was on Intellectual Property protection and commercialization strategies. The speaker highlighted:
- Importance of securing IP rights
- Role of patents in protecting innovation
- Mechanisms of technology transfer between academia and industry
- Practical pathways for converting research into business ventures
Real-life examples from his entrepreneurial journey made the discussion practical and relatable. Students understood how startups navigate regulatory, financial, and market challenges while scaling innovative ideas.
Bridging Academia and Industry
One of the most valuable aspects of the session was its emphasis on bridging academic innovation with industry application.
The expert discussed how institutions can:
- Encourage market-oriented research
- Promote startup incubation
- Support student-led product innovation
- Facilitate industry collaboration
The interactive format encouraged students to ask questions and engage in meaningful dialogue. The auditorium witnessed enthusiastic participation, reflecting growing interest in entrepreneurship and product-based innovation.
Learning Outcomes
By the end of the session, students:
- Understood the practical relevance of TRL, MRL, and IRL frameworks
- Gained awareness of IP protection and commercialization pathways
- Developed clarity on transforming innovation into marketable products
- Strengthened their industry orientation and startup mindset
- Increased motivation toward entrepreneurship and product development
The session reinforced Jaipuria Institute of Management’s commitment to fostering innovation, industry integration, and entrepreneurial leadership.
Encouraging Innovation at JIM Ghaziabad
Events like this highlight the active role of the Institution’s Innovation Council in building an innovation-driven academic culture. By connecting students with industry leaders, JIM Ghaziabad ensures that management education extends beyond theory and aligns with real-world business ecosystems.
Innovation today demands structured thinking, legal awareness, commercialization strategy, and industry validation. This expert talk served as a strong step toward preparing students to become innovation leaders of tomorrow.
