Commercialization of Scientific Research and Technological Development Outcomes: What Is It?
The definition of commercialization of scientific research and technology development results is stipulated in Clause 11, Article 2 of the Law on Technology Transfer 2017, as follows:
Commercialization of scientific research and technology development results refers to the activity of exploiting, perfecting, applying, transferring, and other activities related to the results of scientific research and technology development for the purpose of profit.
The above is an advisory on the definition of commercialization of scientific research and technology development results. For more detailed information, please refer to the Law on Technology Transfer 2017. We hope our advice will help address your queries.
Wishing you health and success!
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