The Government of India has approved the proposal of DSIR on Encouraging Development and Commercialization of Inventions and Innovations:
A new impetus. The key components of the proposal approved for implementation are:

i. Permitting the researchers to have an equity stake in scientific enterprises spin offs while in professional employment with their research and academic organizations (universities, academic and research institutions, herein after referred to as Scientific Establishment).

ii. Permitting the Scientific Establishment to invest knowledgebase as equity in the enterprises.

iii. Encouraging the Scientific Establishment to set up incubation centers; and

iv. Facilitating mobility of researchers between industry and scientific establishment.

Components of the Scheme :

a. Scientific Entrepreneurship Scheme.
b. Knowledge to Equity Scheme.
c. Setting up of Technology Incubation Centers.
d. Mobility of Researchers among Research Institutions, Academic Institutions, Universities and Industry.

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