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Researchers at state-funded institutes can now hold stakes in startups

AI 3-line summary
  1. An amendment to five science and technology laws, so that researchers holding stakes in startups and technology transfer firms do not bear the burden of conflicts of interest, has passed the Cabinet meeting.
  2. The Ministry of Science and ICT said on the 10th that amendments to the Act on Government-Funded Research Institutes and four science institute laws were approved on September 8 and will take effect from March 2027.
  3. The ministry said it will collect field opinions before implementation and revise and announce the "Churyeonyeon Yeonguwon Changeop Gaideurain" (Guidelines for Researchers' Startups at Government-Funded Research Institutes).

Summary written by AI from the original article · 88 languages

Researchers at state-funded institutes can now hold stakes in startups

Read the full article (machine translation) → Original article (Korean): 출연연 연구자, 창업기업 지분 보유 길 열렸다…과기 5개 법률 개정

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