Last week the Business Times ran a story titled ‘Lack of recognition for innovation in Sri Lanka’ which should have read as “Lack of recognition for innovation during commercialisation in Sri Lanka.’ (The words “during commercialisation” had erroneously dropped from the headline). Dr. Pujitha Silva from the University of Moratuwa, who was quoted in the [...]

Business Times

CORRECTION: “Lack of recognition for innovation in Sri Lanka”

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Last week the Business Times ran a story titled ‘Lack of recognition for innovation in Sri Lanka’ which should have read as “Lack of recognition for innovation during commercialisation in Sri Lanka.’ (The words “during commercialisation” had erroneously dropped from the headline).

Dr. Pujitha Silva from the University of Moratuwa, who was quoted in the story, has written in to say that his comments were misinterpreted. He had said that the need for recognition of innovation during commercialisation of a product is lacking in Sri Lanka and the mindset among the corporate giants is slowly shifting.

Further he mentioned that it was student interns from the university who are expected to work at cheap labour (rates) in some instances at leading companies in Sri Lanka, and didn’t state that this referred to graduates who pass out from the university (as reported in the story).

The emphasis of the innovation evening that night was to highlight the role of industry in product commercialisation and to engage them in the discussion towards that end.

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