The Memorandum of Understanding (MoU) aims to harmonize the operations of both research institutions to drive progress and make meaningful contributions to national development.
The signing ceremony took place on Friday, May 26, 2023, in Accra, with Mr Paul P. Bosu, Director-General of CSIR, and Mr Derry Edean Dadzie, Chief Executive Officer (CEO) of Heritors Labs Limited, signing on behalf of their respective institutions.
Mr Paul P. Bosu, expressing his thoughts after signing the MoU, highlighted that the partnership would bring together resources and facilitate the transfer of products and technologies to the private sector and end-users. He emphasized that research plays a crucial role in producing high-quality and improved end-products, and CSIR remains committed to developing new crop varieties that address the needs of the people.
Furthermore, Mr Bosu mentioned that the MoU would foster collaboration between the two institutions, enhancing their operations and building synergy for greater efficiency. He emphasized that it would enable joint research and development efforts for specific products and technologies of national relevance, thereby supporting the modernization and competitiveness of small and medium-scale enterprises.
Mr Bosu emphasized that the MoU holds significant benefits for both institutions, enhancing their research capabilities and contributing to the country's development.
He acknowledged that one of the main challenges faced by CSIR is the transfer of technologies to end-users, making it crucial for Haritors Labs to transform CSIR's findings into finished products for the market. This partnership will enable CSIR to reach a wider audience and improve production efficiency.
Mr Derry Edean Dadzie, speaking on behalf of Haritors Labs, acknowledged that CSIR lacked a market value chain, highlighting the need for collaboration to focus on research and innovation market value chain mapping activities that would lead to the commercialization of CSIR's research outputs.
He emphasized that through this partnership, Haritors Labs would leverage CSIR's rich expertise, knowledge, and research infrastructure to drive impactful outcomes benefiting the scientific community and society as a whole.
Mr Dadzie emphasized that the partnership goes beyond a mere collaboration between two organizations. Instead, it represents a catalyst for socio-economic growth and transformation.
He stated that the partnership would provide opportunities for CSIR researchers to explore areas of mutual interest and conduct research in relevant fields, unlocking their full potential to create wealth and generate employment for national development.
Mr Dadzie expressed confidence that Ghana would become a hub for research, development, and innovation.
He encouraged other organizations, both public and private, to explore opportunities for partnerships that can drive socio-economic growth, promote knowledge-sharing, and foster a thriving ecosystem of innovation.
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