Research centers to earn royalties

Research centers to earn royalties

JAKARTA: State research centers will benefit from royalties on
their scientific products, so that they can have more funds for
further innovations, a government regulation states.

State Minister of Research and Technology Kusmayanto Kadiman
said on Friday that Government Regulation 20/2005 on the transfer
of intellectual rights in technology and the results of research
and development would provide incentives for researchers and
stimulate more inventions.

The President signed the regulation on May 19.

Before the introduction of the regulation, revenue from
scientific products went to the state coffers and it was the
government, which distributed the research funds.

"There was a rush in revenues, but only a little went to the
research centers," Kusmayanto said. The government has allocated
an average of 0.05 percent from the state budget for research. --
Antara