Azerbaijan to establish Commercialization & Technology Transfer Center (UPDATE)

Details added: first version posted on 16:16 Apr.6

BAKU, Azerbaijan, Apr.6

Trend:

Azerbaijan’s President Ilham Aliyev signed a decree on the establishment of the Center for Commercialization and Technology Transfer under the Intellectual Property Agency, Trend reports.

The decree was signed in order to ensure the execution of the president’s order No. 2947 dated June 2, 2017.

The document stated as following:

The Azerbaijani Cabinet of Ministers shall establish a Center for Commercialization and Transfer of Technologies (further – the Center) under the Azerbaijan Intellectual Property Agency within 15 days and inform the country’s president about this.

It shall be determined that the Center is a legal entity of public law, engaged in the establishment of relations of communication, mutual orders and proposals between science and industry, technology transfer for the qualitative growth of inventive activity, its adoption of an applied nature and the commercialization of the results of intellectual activity, which supports innovative development, including start-up projects aimed at transferring research results for commercial and non-commercial purposes, as well as generating income from these results, participating in providing clients with services for the supply of technologies and projects to target markets, coordinating activities in this area.

The exercise of the following powers of the Center’s founder shall be entrusted to:

3.1. the Cabinet of Ministers:

3.1.1. Approval and amendment of the charter and the size of the authorized capital of the Center in agreement with the president of Azerbaijan;

3.1.2. Creation of the Center's governing bodies;

3.1.3. Approval of the Center’s structure;

3.1.4. Reorganization and abolition of the Center in agreement with the president of Azerbaijan;

3.2. Intellectual Property Agency of Azerbaijan shall be entrusted with:

3.2.1. resolving issues referred to in Article 8.2 of the Law of Azerbaijan ‘On legal entities of public law’ to the powers of the founder of a public entity, except one issue specified in clause 3.1 of this decree.

4. The Cabinet of Ministers, within a month, shall:

4.1. approve the structure of the Center and, in agreement with the president of Azerbaijan, its charter;

4.2. take measures to resolve issues of material and technical equipment of the Center in order to ensure its activities;

4.3. resolve other issues arising from this decree.

5. The Intellectual Property Agency of Azerbaijan shall resolve issues arising from this decree.

Azerbaijani hydroelectric power plants increase electricity production
Azerbaijani hydroelectric power plants increase electricity production
Iran's Energy Exchange announces products to be on sale on April 18
Iran's Energy Exchange announces products to be on sale on April 18
Slovak investors note potential in Georgia's energy sector
Slovak investors note potential in Georgia's energy sector
Loading Bars
Latest
Volume of cargo loaded, unloaded in Iran’s Astara port surges
Sudan calls on African countries to support reaching comprehensive solutions on Nile dam
Japan’s PM to Visit India, Philippines to Strengthen Regional Ties
Azerbaijan discloses number of COVID-19 vaccinated citizens
Azerbaijan confirms 2,144 more COVID-19 cases, 1,923 recoveries
India stresses fulfilling commitments for developing Chabahar
EAM Jaishankar to visit Abu Dhabi on Sunday
Sri Lanka to receive Chinese Sinopharm vaccine tomorrow
Biden names 2 Indian-Americans to key jobs
Ambedkar remembered on birth anniversary in Dubai
Shortcomings of multilateral system laid bare by pandemic, says Shringla
Maldives Foreign Minister meets Jaishankar, discusses regional, international issues
Israeli business interested in expanding cooperation with Kazakhstan
Number of licenses issued for launch of enterprises in Iran spikes
Delegation of Azerbaijani parliament takes part in events within session of CIS Interparliamentary Assembly (PHOTO)
Azerbaijani gymnasts take part in World Cup in Uzbekistan's Tashkent
Ford Otosan to suspend production due to supply issues
Georgian delegation to Participate in Spring Session of PACE
Iran reveals COVID-19 data for April 18
Azerbaijani hydroelectric power plants increase electricity production
China, U.S. agree on need for stronger climate commitments
Russia records over 8,600 daily COVID-19 cases
Azerbaijan shares footage from Saybali village of Aghdam district (VİDEO)
Serbia - gateway to European market for Iran - Deputy Minister
France to impose 10-day quarantine for travellers coming from Brazil
Azerbaijani Finance Ministry to engage archiving services via tender
Kyrgyzstan adds 244 new COVID-19 cases
Israel raises import of clothes from Turkey
Iran's Energy Exchange announces products to be on sale on April 18
Capital of Bank Keshavarzi Iran to increase
Iran's trade turnover with Georgia decreases
Azerbaijan's MFA issues appeal on occasion of April 18 - International Day for Monuments and Historic Sites
Azerbaijan shares footage from Tarovlu village of the Gubadli region (VİDEO)
Slovak investors note potential in Georgia's energy sector
Czechs expel 18 Russian envoys, accuse Moscow over ammunition depot blast
Azerbaijan's State Treasury Agency to update information systems via tender
Earthquake hits Georgia
Iran, Serbia FMs meet in Tehran
Magnitude 5.8 earthquake hits Japan
Kazakhstan’s COVID-19 caseload up by 2,822
Iran's trade turnover with Pakistan shrinks
Brazil registers over 370,000 deaths from COVID-19
5.8-magnitude quake strikes off Japan's Miyagi Prefecture
Iraq reports 6,552 new COVID-19 cases, 970,987 in total
More than 805,000 COVID-19 infections detected worldwide over past 24 hours
5.1-magnitude quake hits 20 km S of Mandraki, Greece
Israel reports 142 new COVID-19 cases, 836,882 in total
Yemen's Houthi rebels say launch drone attack on Saudi air base
India's sports minister tests positive for COVID-19
Weekly review of highlights in Azerbaijan's transport sector
EU to hand over 30 vehicles to Georgia Border Police
Turkish scientist works on drug that can ‘kill COVID-19 in 2 days’
Uzbekistan may start production of its own vaccine against COVID-19 by the end of the year
Russia's Eastwind, Turkmenistan's Turkmensvyaz to sign contract
UK records another 2,206 coronavirus cases, 35 deaths
Iranian official offers upbeat assessment of progress in nuclear talks
Volume of goods transported by Azerbaijan’s vehicles in 2021 disclosed
Indonesia reports 5,041 new COVID-19 cases, 132 new deaths
Global COVID-19 deaths surpass 3 mln - Johns Hopkins University
Geostat reveals volume of Russian exports to Georgia
Solar panel station put into operation in Iran’s Razavi Khorasan Province
New auction to be held for Azerbaijani Finance Ministry's mid-term bonds
Georgia increases import of vehicles from Turkey
Kyrgyzstan imposes restrictive measures at airports
Bahar Azadi gold coin price rebounds in Iran
Foreigners to pass simplified visa procedures for 2021 F1 Azerbaijan Grand Prix
Serbian FM to visit Tehran today
Azerbaijan discloses number of COVID-19 vaccinated citizens
Azerbaijan confirms 2,148 more COVID-19 cases, 2,287 recoveries
Armenia falsified Caucasian Albania temples in Azerbaijan - rep of religious community
Iran to send trade attaché to Azerbaijan
Weekly review of major events in Azerbaijan's oil & gas sector
Azerbaijan shares footage from Jabrayil's Dash Veysalli village (VIDEO)
Armenia strived to create history for itself in Azerbaijan's lands - Head of Albanian-Udi community
Iran reveals COVID-19 data for April 17
Volume of loaded and unloaded cargo in Iran’s Charak port climbs
Azerbaijani oil prices on rise
VICE News report on Armenia's attack on Azerbaijani Barda nominated for award
Weekly review of main events in ICT sector of Azerbaijan
Earnings from fuel savings in Iran paid to investors
Uzbekistan's CCI, Portuguese Industrial Association establish co-op
Buy/sell operations at Iran Mercantile Exchange soar
Rosatom, Uzbekistan working on contract for building nuclear power plant
Turkmenistan to create electronic exchange database
IMF calls on Georgia to reduce capital expenditures in case of lockdown
Russia reports a new high of 9,321 coronavirus cases since March 20
Azerbaijan's Albanian-Udi Christian community members visit ancient temple in Tugh - Trend TV (PHOTO)
OSCE MG should force Armenia to follow terms of trilateral statement - Azerbaijan's Parliament
Weekly review of Azerbaijani currency market
Azerbaijan, Turkic Council discuss creation of joint digital tools
Weekly review of Azerbaijani precious metals market
EU rep should follow int'l law before meeting with separatist in Karabakh - expert
Potential areas of Turkmenistan’s interaction within Visegrad Group+Central Asia framework identified
Georgia reports 1,219 new coronavirus cases for April 17
Georgia holds auction for privatization of state property
Azerbaijani MP talks about spring session of IPA CIS held in Russia's St. Petersburg
Georgia continues to conduct research on Namakhvani HPP
Iran unveils details exports from Maragheh County
Kazakhstan reveals total number of TEU containers shipped along Aktau-Baku feeder line
There have always been good grape varieties in Pirshaghi – white and black Shani - President Aliyev
All news