LOCAL universities and scientific research institutes are now being encouraged to promote their research papers and projects with the added bonus of keeping the income generated from them.

The government will in fact not involve itself in the matter, while institutes and universities will not be hauled up for any financial losses resulting from the commercialization of the projects.

“There are still many bottlenecks during the industrialization of scientific achievements and the city is trying to streamline the process,” said Chen Jie, vice director of Shanghai Science and Technology Commission during a media briefing. “It is important for the city’s promotion as an innovation and creativity center.”