State Department to encourage innovation and Entrepreneurship

entrepreneurs in the determination of their own business, it is necessary to understand the state and the government in the entrepreneurial aspects of support and guidance policies. Recently, the State Council issued a document to encourage innovation and entrepreneurship in science and technology personnel, to create a good environment for the transfer of scientific and technological achievements.

Circular of the State Council of the

on Issuing the provisions on the implementation of the law of the People’s Republic of China on the promotion of scientific and technological achievements transformation

Guo Fa [2016] No. 16

people’s governments of all provinces, autonomous regions and municipalities directly under the central government, all ministries and commissions of the State Council, and all institutions directly under the State Council:

is hereby issued to you a number of provisions for the implementation of the law of the People’s Republic of China on the promotion of scientific and technological achievements.

2016 February 26th

(this piece is publicly released)

implementation of the "People’s Republic of China to promote scientific and technological achievements transformation law" provisions

to accelerate the implementation of innovation driven development strategy, the implementation of the "People’s Republic of China law" to promote the transformation of scientific and technological achievements, through the combination of technology and economy channel, promote public entrepreneurship, innovation, encourage research and development institutions, universities and enterprises innovation and scientific and technical personnel transfer and transformation of scientific and technological achievements, promote economic quality and efficiency upgrades, made the following provisions.

first, to promote research and development institutions, institutions of higher learning technology transfer

(1) the State encourages research and development institutions and institutions of higher learning to transfer scientific and technological achievements to enterprises or other organizations by means of transfer, licensing or investment. The research and development institutions and institutions set up by the State shall take measures to give priority to the transfer of scientific and technological achievements to small and medium-sized enterprises, and to provide technical support for the public to start a business and to innovate for the people.

To hold its scientific and technological achievements of colleges and universities,

research and development institutions set up by the state, can decide the transfer, licensing or investment, except those involving state secrets, national security, without approval or filing.

Research and development institutions, institutions of higher learning

set up by the State shall have the right to hold the scientific and technological achievements of the price of shares of equity and confirm the proportion of capital contribution, and through the form of the sponsor agreement, the investment agreement or the articles of association of scientific and technological achievements of the ownership, pricing, discount or the proportion of the number of shares and other matters stipulated, clear property rights.

The research and development institutions and institutions of higher learning established by

(two) shall establish and improve the system and mechanism of technology transfer, and improve the transfer of scientific and technological achievements

  • Published On : 4 years ago on June 17, 2017
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  • Last Updated : June 17, 2017 @ 1:09 am
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