The 6th International Conference on Business and Management (ICoBM) was held at National University of Sciences and Technology (NUST) from October 26 to 27, 2016. The conference was organized by NUST Business School (NBS) in partnership with IBA Sukkhur, IM Sciences Peshawar, IoBM Karachi and UMT Lahore. Prof. Ahsan Iqbal, Federal Minister for Planning, Development and Reforms, inaugurated the conference as the chief guest of the opening ceremony.
Principal & Dean NUST Business School, Dr. Naukhez Sarwar, in his welcome note, highlighted the need for collaboration between the academia, industry and government for reaping the synergetic benefits they present. He also stressed on the need for promoting multi-disciplinary education.
Dr. Asfia Obaid, the conference convener, shared that the aim of the conference was to bring the academia, corporate and government functionaries together on a single platform for the exchange of ideas to create indigenous knowledge. She mentioned that a wide range of papers ranging from Foreign Direct Investment and Trade to Leadership styles and Innovative HR practices, from Entrepreneurship and Healthcare models would be presented at the conference.
Delivering his keynote address, Rector NUST, Engr. Muhammad Asghar explained the role of entrepreneurial universities in uplifting the economy and the future of nations. He elaborated on NUST as a case in point and highlighted the core components of the Quadruple Helix Model , i.e., Academia, Industry, Society and Government, adding that the offices of R&D, Technology Incubation Centre, Global Think Tank Network and NUST Community Service Club were operating within the NUST ecosystem.
Addressing the audience, the chief guest emphasized that the nations benefit from the phenomenon of positive self- image, optimistic view of the future and self-belief. He acknowledged the role of the academia and bigger universities like NUST in spearheading initiatives related to R&D and collaboration with the industry. He also encouraged the researchers, faculty and students to think creatively and proactively to lead nation towards sustained and indigenous growth. The minister informed the audience that after the Economic Corridor initiative, the government would soon be launching the Knowledge Corridor by sending faculty and students for PhD to the top 200 universities in the United States of America.