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{
    "id": 1089385,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1089385/?format=api",
    "text_counter": 285,
    "type": "speech",
    "speaker_name": "Sen. (Prof.) Kindiki",
    "speaker_title": "",
    "speaker": {
        "id": 1046,
        "legal_name": "Kithure Kindiki",
        "slug": "kithure-kindiki"
    },
    "content": "Lastly, there is need for more linkages between the industry out there and the institutions of learning and training. I say so because this is a country where the input of the private sector in terms of incubating businesses and supporting innovation and industrialization is extremely poor to say the least. In many countries, you will find big companies competing to pump money into certain departments in the universities and technical institutes to fund certain areas that are of interest. For example, I do not see why Safaricom should not be interested in funding innovation in businesses that help them improve their technology around telecommunications, which is the engine of the huge profits they make every year. They can do so by not only giving money directly, but also by sponsoring what in many established universities are called “chairs.” For instance, you will find a Safaricom chair of technology. This is a senior research position which is given to a very senior researcher or professor who is able to nurture businesses and innovators, and they are paid by the private sector. It could be a bank, a telecommunications company or any manufacturer of a particular product. For example, Unilever would like to fund certain faculties in our universities around the product area of their concern. Madam Temporary Speaker, it is not enough to say that the Government should set aside a certain portion of money that goes to research, training and development of industrial problems because there are resources in the of industrial problems. It is not enough because the resources in the public sector will never be enough. There is a minimum that this Government is supposed to put in, but there are many resources from the private sector that need to be tapped so that we create endowments and chairs in all our institutions. They will become places for incubating businesses. That can remove the pressure from the Government at the national and county levels in terms of resources. Madam Temporary Speaker, other than that, this is an important Bill, which should be supported. It acquits not just the Mover, but this House because if you ask me, this is one of the most important Bills that this House has ever developed. I say so with the authority of being in this House for the last nine years."
}