The Ministry of Finance and universities agreed on a unified procedure for the commercialization of scientific discoveries

The goal of the agreement is to speed up the transfer of developments from research laboratories to industry, reduce bureaucracy and maximize the economic potential of Israeli science.

The reform includes four key steps:

Uniform transparent rules

Each university will publish its own unified commercialization guidelines, which will provide predictability and speed up interaction with entrepreneurs, companies and investors.

External specialized companies

A pilot project will be launched to allow universities to commercialize knowledge through external specialized companies – in addition to their own internal divisions.

Removing regulatory and tax barriers

A joint working group is being created to identify and eliminate tax and regulatory obstacles hindering technology transfer transactions.

Stimulating knowledge transfer

The Innovation Office will develop a dedicated track to enhance knowledge transfer from academia to industry.