Inauguration of MSNIM Research Centre followed by Experiential Workshop on Structural Equation Modeling using SmartPLS

Manel Srinivas Nayak Institute of Management (MSNIM) has added a new feather to its cap with the inauguration of the MSNIM Research Centre by Dr. Manjappa Sarathy, Director of Research and Consultancy, Sahyadri College of Engineering and Management, at the institute campus at Bondel on Saturday, July 8, 2023. Sri. Manel Annappa Nayak, President of the Women’s National Education Society (WNES), presided over the function. Sri. Jeevandas Narayan, Secretary, WNES, and Correspondent, MSNIM, Institute Director Dr. Molly S. Chaudhuri and Dr. Ravindra R. Kaikini, Professor, Sahyadri College of Engineering and Management, were present on the occasion.

The MSNIM Research Centre will guide research scholars doing PhDs under Mangalore University. It will conduct classes for these scholars on the various academic research subjects and the tools used in research. It is equipped with good reference materials and e-resources for conducting research in management and other multidisciplinary areas.

In his inaugural address, Dr. Manjappa Sarathy spoke about the role of research and innovation in academic institutions. "Interdisciplinary research is essential to ease people's lives. The benefits can reach people only when scientists and managers work together. A scientist can show us how to generate energy using hydropower, but it is the management people who can effectively manage and distribute it to the consumers," he said.

Dr. Manjappa Sarathy emphasised the importance of start-ups and how they play an important role in innovation, industry competition, and collaboration. "The Government of Karnataka has decided to support 10,000 start-ups with up to Rs. 25 to 30 lakhs in funding each. Incubation centre have to be set up at every institute. There are different schemes available for research, like mini projects and minor projects, which are funded by organisations like AICTE and UGC," he informed.

The inauguration of the research centre was followed by an Experiential Workshop on Structural Equation Modelling using SmartPLS Software. Dr. Shilpi Saha, Assistant Professor of the Institute, was the resource person for the workshop. 45 academicians, including faculty members, research scholars, and MBA students from various institutions, attended the workshop.

Dr. Shilpi Saha welcomed the gathering. Shashwath rendered the invocation. Dr. Deepa V., associate professor, gave a vote of thanks. Shruthi Shetty was the master of ceremonies.