THE city government has released regulations on the commercialization of scientific research findings, which will take effect from June 1.

The rules specify standards for such findings that include allowing institutes to keep all the profits from related business projects; that more than 70 percent of the profits can be distributed to staff involved in the findings as a reward; and how to calculate the likely net income of the commercialization so as to avoid future disputes.

To provide guidance for scientific institutes as well as to remove regulatory barriers, the authority said the rules were drafted after studying previous commercialization cases concerning the experiences of the city’s universities as well as the bottlenecks they encountered.