China's universities to retain earnings from research findings


(MENAFN) A government document stated that Chinese universities will have the autonomy in transferring the intellectual property from scientific research and shall keep all the earnings.

Though, less than half of the net earnings from transfers shall be rewarded to researchers, according to a circular released by the Ministries of education, and science and technology on Friday.

However, the circular said that major contributing researchers and faculty members should take no less than 50% of the total rewards.


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