Minister of Science and Technology Wan Gang says China will create legislation to step up efforts to convert research findings into industrial applications.
He says the top legislature has started reviewing an amendment to the Law on Promoting the Conversion of Research Findings.
The revised law would allow universities and research institutes to have more say on whether or how to convert their scientific findings into applications.
"In particular, those who are directly involved in making research findings may receive more than 50 percent of the income arising from the conversion of their research findings."
The minister notes that the contribution of scientific advancement to the
