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Universities to retain all earnings from research findings

2016-08-25 国家知识产权局

Chinese universities will have the autonomy in transferring and commercializing the intellectual property from scientific research and shall keep all the earnings, according to a circular issued jointly by the Ministry of Education and the Ministry of Science and Technology.


The circular stipulates that when rewarding the person who have accomplished service scientific and technological achievements and have contributed to the transfer of these achievements, the following rules shall be abided by: where the service achievements are transferred through transfer or license of technology, no less than half of the net earnings from transfers shall be rewarded to researchers; where the achievements are transferred through evaluation investment, no less than half of the share or ratio of investments shall be rewarded to researchers; major contributing researchers and faculty members shall take no less than 50 percent of the total rewards. The remaining of deduction of these awards and remuneration shall be used for scientific and technological development and transferring of the achievements as well as for the operation and development of technological transfer agencies.  (by Zonghe)



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