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Active collaboration between corporate and academia is the need of the hour in today's knowledge economy. Creativity (Research & development) and innovative ideas should be viewed as a continuous process of designing and developing new ways in which organization and academia can partner together to put into place focused academic programmers and training for the whole some development of our wonderful country through our young and energetic youth. This paper discusses the concept of customization for innovative ideas from the students which can also be used in researching the higher and technical education. These innovative ideas take their organizations and companies to far greater heights and to exciting destinations. What institutions can do to encourage new approaches for introducing innovations in their class room? A few approaches are suggested in this paper like customization of students.

The growing concern for energy, economy and environment calls for efficient utilization of natural resources in developing useful work. Second law of thermodynamics provides different perspective compared with first law. This paper provides an overview of the quantitative levels of exergy destruction and chemical irreversibilities during the combustion. For the adiabatic combustion at constant volume, entropy generation approach with second law of thermodynamics is applied. The result of this study is based on a spark ignition, single cylinder combustion engine with stoichiometric condition. Iso-octane, methane, methanol and ethanol are the fuels examined. This study shows that exergy destruction during combustion decreases with the increase in reactant temperature and compression ratios, for all the fuels. Exergy destruction during combustion using entropy balance approach for compression ratio range of 7 to 11 found to vary between 16.18 to 21.52%. Chemical irreversibilities calculated at the restricted dead state are found to be in the range of 2.99 to 3.6% for different fuels

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In this paper, exergy analysis of a lithium bromide water vapor absorption refrigeration system is analysed. The different alternative fuels (iso-octane, 10% ethanol blended with iso-octane & 10% methanol blended with iso-octane) were used in a spark ignition engine. It is well known that an IC engine has an efficiency of about 35-40%, which means that only one-third of the energy in the fuel is converted into useful work and about 60-65% goes waste into environment. In which about 28-30% is lost by cooling water and lubrication losses, around 30-32% is lost in the form of exhaust gases and remainder by radiation, etc. The heat of exhaust gases of these alternative fuels was used to run the lithium bromide water vapor absorption system. The exergy destruction in various components of the absorption system analyzed. The results of the study shows that the maximum exergetic efficiency was for the absorption system operated with exhaust gases of isooctane followed by E10 and M10 fuels. The maximum refrigerating effect was for the iso-octane exhaust gases based absorption system followed by M10 and E10 fuels. The maximum exergy destruction was observed in the generator.