Facilitate commercialising local research for innovation growth: experts
To realise the goal of removing barriers to Việt Nam’s science-technology innovation and digital transformation, significant efforts are needed to support the commercialisation of local research outcomes.
According to Decree 76/2018/NĐ-CP, a guideline to implement the Law on Technology Transfer, the compensation for research authors is typically around 15-20 per cent of the revenues, while the remaining funds must be submitted to the State. Many research institutes view this as a cumbersome process.
Former Minister of Science and Technology Nguyễn Quân observed that ownership and appraisal of research results during commercialisation were the most significant barriers to technology transfer from scientists to businesses. Scientists cannot arbitrarily transfer research findings that belong to the State. Meanwhile, the State, despite having ownership, cannot directly transfer the technology to businesses, as only the researchers fully understand their work.
