Universities get ready for brand-new guidelines on start-ups

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Taiwan’s leading universities are stepping up research study efforts and preparing policies as the ministry of education prepares to propose a modification that would permit them to release start-ups to handle research study items, composes Wu Po-hsuan for the.
Taipei Times.
The draft would alter Post 38 -1 of the University Act, the ministry stated. The start-ups would be completely owned by the organizations, providing overall control over locations of research study, according to the draft change. The proposition is to be sent out to the Legal Yuan for evaluation by the end of this year, Deputy Minister of Education Yao Leeh-ter stated. However the change would include benefits and drawbacks, stated National Tsing Hua University vice president Chen Sinn-wen.
The change would be useful from the university’s perspective, however there might be issues over academics attempting to earn money utilizing federal government resources, he stated. United States universities can restrict the cash their professor can get from services and the hours they can invest in company jobs, Chen stated. Complete report on the Taipei Times website.

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