Researchers received the first royalty income
Researchers received the first royalty income

In 2017, the Mongolian Academy of Sciences established the “Innovation and Technology Department” to promote the participation of the science and technology sector in the implementation of “Law on Innovation (2012)” and to support its initiatives.

The IT department approved the “Technology Transfer Procedure” of the MAS in 2018 and expanded its activities. In 2019, the department approved the “Law on Innovation” and its accompanying Procedures for rights and possession of the intellectual properties created as a result of researches and experiments funded by the state budget in cooperation with the Intellectual Property Office of Mongolia to eliminate the violation of rights.

In 2019, 3 license agreements, two from the Institute of Biology and one from the Institute of Chemistry and Chemical Technology, were concluded and registered with the IPO in accordance with the Patent Law. From these MAS license agreements for the use of industrial intellectual property, 1.5 million MNT were earned and the researchers received their first royalties.




Бусад мэдээлэл