New bill aims to boost R&D and incentivise researchers

The cabinet has approved a draft bill that promotes the use of R&D and lets researchers own the right to transfer their research to private companies.

Nathporn Chatusripitak, an adviser to the Prime Minister’s, said on Tuesday (Sep 4) that once the bill comes into force, researchers who won financial support from the government’s research agencies will be eligible to own the right to transfer the research to the private sector for commercial purposes.

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Chatrudee Theparat