The legislature yesterday eased regulations on the transfer of patented technology and the rules on participation by public-payroll researchers in the private sector amid calls to create a friendlier business environment in the ever-intensifying global battle for talent.
“The move will facilitate the return migration of professionals,” Academia Sinica president Wong Chi-huey (翁啟惠) said in response to the passage of the amendment to the Fundamental Act of Science and Technology (科學技術基本法).
The current law stipulates that intellectual property rights (IPR) on projects in the scientific and technological research and development areas subsidized, commissioned or funded by the government belong to the state and are subject to the National Property Act (國有財產法).
Photo: Fang Pin-chao, Taipei Times
Lawmakers agreed to exempt IPRs resulting from research projects at public schools, public research organizations and public enterprises from the National Property Act, meaning the act would not apply to those institutions with regards to the acquisition, management, utilization, disposition and revenue accrued from the rights.
National Science Council Deputy Minister Chen Cheng-hong (陳正宏) said the relaxation of the rule was designed to shorten the time required to transfer patents.
“Currently, the patent application process is a time-consuming process. It usually takes at least one year. By then, there is no market for the outdated technology,” Chen said.
The law was also amended to allow researchers at public schools at the junior level colleges and above, or at public institutions, to acquire more than a 10 percent stake in a company through investment of technology and to double as a member of a board of directors or a board of supervisors at a company.
Currently, researchers on the government payroll are subject to a 10 percent ceiling when acquiring a stake in a company and they are barred from taking up managerial positions in the private sector under the Act Governing the Employment of Educational Personnel (教育人員任用條例).
Chinese Nationalist Party (KMT) Legislator Nancy Chao (趙麗雲) said a statement issued by a group of academic, business and media leaders led by Wong in August urging the government to address a “brain drain” and recruitment difficulties had helped push through the amendment.
Chen said the amendment would help prevent incidents such as that involving Chen Yuan-tsong (陳垣崇), a top researcher credited with developing a drug to treat Pompe disease, who was once suspected of illegally profiting from the transfer and sale of patented technologies.
In June last year, Chen Yuan-tsong, then-director of Academia Sinica’s Institute of Biomedical Science, was charged with corruption over the transfer of drug technology to a company run by his wife.
Chen Yuan-tsong and Academia Sinica denied any wrongdoing. Prosecutors closed the case without indicting Chen Yuan-tsong.
CAUTION: Based on intelligence from the nation’s security agencies, MOFA has cautioned Taiwanese travelers about heightened safety risks in China-friendly countries The Ministry of Foreign Affairs (MOFA) yesterday urged Taiwanese to be aware of their safety when traveling abroad, especially in countries that are friendly to China. China in June last year issued 22 guidelines that allow its courts to try in absentia and sentence to death so-called “diehard” Taiwanese independence activists, even though Chinese courts have no jurisdiction in Taiwan. Late last month, a senior Chinese official gave closed-door instructions to state security units to implement the guidelines in countries friendly to China, a government memo and a senior Taiwan security official said, based on information gathered by Taiwan’s intelligence agency. The
The National Immigration Agency (NIA) said yesterday that it will revoke the dependent-based residence permit of a Chinese social media influencer who reportedly “openly advocated for [China’s] unification through military force” with Taiwan. The Chinese national, identified by her surname Liu (劉), will have her residence permit revoked in accordance with Article 14 of the “Measures for the permission of family- based residence, long-term residence and settlement of people from the Mainland Area in the Taiwan Area,” the NIA said in a news release. The agency explained it received reports that Liu made “unifying Taiwan through military force” statements on her online
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, said yesterday that it is looking to hire 8,000 people this year, at a time when the tech giant is expanding production capacity to maintain its lead over competitors. To attract talent, TSMC would launch a large-scale recruitment campaign on campuses across Taiwan, where a newly recruited engineer with a master’s degree could expect to receive an average salary of NT$2.2 million (US$60,912), which is much higher than the 2023 national average of NT$709,000 for those in the same category, according to government statistics. TSMC, which accounted for more than 60 percent
Tung Tzu-hsien (童子賢), a Taiwanese businessman and deputy convener of the nation’s National Climate Change Committee, said yesterday that “electrical power is national power” and nuclear energy is “very important to Taiwan.” Tung made the remarks, suggesting that his views do not align with the country’s current official policy of phasing out nuclear energy, at a forum organized by the Taiwan People’s Party titled “Challenges and Prospects of Taiwan’s AI Industry and Energy Policy.” “Taiwan is currently pursuing industries with high added- value and is developing vigorously, and this all requires electricity,” said the chairman