Search
Close this search box.

We are creating some awesome events for you. Kindly bear with us.

China plans to build National Technology Transfer System by 2025 for efficient coordination between innovation entities

China plans to build National Technology Transfer System by 2025 for efficient coordination between innovation entities

The State Council of China has released a circular (the circular in Mandarin is available here) outlining a plan to build a National Technology Transfer System by 2025. This will take the shape of an ecosystem that promotes the continuous production of scientific and technological achievements and their diffusion and sharing across regions, borders and sectors, leading to the realisation of their economic and social value.

It sets a target of building a basic national technology transfer system and a market of technologies by 2020, embedded with market-oriented technological transfer institutions, and professionals and supported through extensive international cooperation under the Belt and Road Initiative. Both government policy guidance and market incentives would play a role.

By 2025, a mature national system for technology transfer is expected to be in place, with various innovation entities coordinating with each other in an efficient way.

Improving the technology transfer system is supposed to be key to domestic innovation, economic and social development, and to supporting China's efforts to become a leading power in science and technology. Greater efforts will dedicated towards the development of technologies to improve people’s lives, by focusing on areas such as environment governance, targeted poverty alleviation, population and health, and public security.

Enterprises are being encouraged to take a major part in Research & Development (R&D) of potentially market-oriented technological projects. In addition, the national technology innovation centres and manufacturing innovation centres should support transfer and diffusion of key technologies.

Universities and research institutes are being encouraged to set up technology transfer institutions, and private intermediaries to provide professional services, such as intellectual property rights management, legal advice, asset evaluation and technical evaluation for technology transfer, under improved government guidance. The government also plans to promote evaluation of scientific research personnel in colleges, universities and scientific research institutes, based on the quality, contribution and performance of science and technology innovation.

The circular says that the government will strengthen the legal protection of trade secrets in the process of technology transfer, and establish a legal system for the establishment of a mechanism for the use of intellectual property rights. The banking sector and financial institutions will be encouraged to carry out internal and external investment pilots. Tax incentives could be provided to venture capital funds and angel investors for investments in seed stage startups. 

To build a uniform and open technological market, the circular urged setting up a national technology transaction network, and stepping up development of a technology market equipped with improved services.

The circular also stressed efforts to enrich the technology transfer talent pool as part of the strategy.

Science and technology researchers would be welcomed and supported in starting businesses, to transfer the research results from the laboratories to the market through setting up small and medium-sized enterprises. The creation of makerspaces and open innovation platforms will also be encouraged to bolster the startup ecosystem.

Channels for technology transfers should be expanded to increase the influence of the transfer system. For instance, sci-tech achievements from military departments will be utilised in the civilian arena and vice-versa.

The outline also talks about developing a better policy environment and stronger logistical support to ensure efficient operations.

Featured imageRobert ScobleCC BY 2.0

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.