Amidst the challenges of transforming knowledge into economically valuable outcomes, the government has recognized the importance of restructuring ownership of research results. By granting ownership to the professors and researchers who create the work, it aims to create incentives and increase commercial competitiveness. This concept is derived from the Bayh-Dole Act of the United States, which led to the enactment of Thailand’s Research, Innovation and Utilization Promotion Act B.E. 2564 (2021). Effective since May 7, 2022, this Act establishes a new foundation for Thai research and innovation to be utilized more tangibly.
* Information from https://www.tsri.or.th/nsrf/triup/triup-act
Applies to state agencies with the duty, power, or objective to provide research and innovation funding.
Exceptions:
Research Funding Subject to the Law
Research Funding Not Subject to the Law