Encyclopedia
Budgetary Scientific Institution
A budgetary scientific institution — budgetary scientific institutions and scientific institutions established by state academies of sciences have the right, without the consent of the owner of their property, upon notification to the federal executive authority responsible for developing state policy and normative legal regulation in the field of science and scientific and technical activities, to be founders (including jointly with other persons) of commercial companies whose activities consist of the practical application (implementation) of the results of intellectual activity (computer program codes, databases, inventions, utility models, industrial designs, breeding achievements, integrated circuit topologies, trade secrets (know-how)), exclusive rights to which belong to these scientific institutions1.
Federal Law No. 217-FZ of August 2, 2009, "On Amending Certain Legislative Acts of the Russian Federation Regarding the Establishment by Budgetary Scientific and Educational Institutions of Commercial Companies for the Purpose of Practical Application (Implementation) of the Results of Intellectual Activity," as amended on December 29, 2012, Article 1 // Official Gazette of the Russian Federation. 2009. No. 31. Art. 3923. ↩