January 16, 2020, Dubai – Prognica Labs, an AI based healthtech company, has announced a collaborative research and education agreement with Ajman University (AU), an internationally recognized institution of higher education and research in UAE, to advance research and innovation in Medical and Technology.
In today’s economic environment, collaboration between universities and industry is increasingly perceived as a vehicle to enhance innovation through knowledge exchange, according to Dr. Kamran Arshad, Dean of Graduate Studies and Research, AU. “This Industry-University collaboration provides the perfect foundation for innovation.”
University-Industry partnerships are becoming increasingly important to help students gain the leadership and entrepreneurial skills needed to create innovation and generate solutions to emerging social challenges of the 21st century, he added.
This collaboration is meant to give a boost to knowledge exchange and transfer in the area of engineering, medical science, technology innovation and entrepreneurship. It is also intended to mentor students and faculty, empower and implement their ideas. – Dr. Arshad stated.
Writing research papers and/or research-based books that can be published on various journals, conducting seminars, cohorts, idea competitions for students and faculty, are further realms of this partnership, he elaborated. “Young researchers will be receiving assistance in identifying the characteristics of the economic environment under this agreement.”
Dr. Arshad said factors, such as competition amongst emerging economies, and increasingly complex technological developments make the landscape simply too volatile.
“The university world can see the benefits of looking beyond the theoretical and taking an active role in overseeing the transfer of new knowledge into practical applications.”
Ajman University, the first private higher education institution in the gulf countries, has, for the second year in a row, earned a spot among the top 150 universities in the world under 50 years within QS World University Rankings of the ‘Top 50 Under 50’.
Ajman University, as per the 2020 QS World University Rankings issued in June 2019, is now ranked among the top 800 institutions worldwide, securing a position in the top 2.8% of universities worldwide and the top 1.7% of institutions in the Arab world.