LAHORE:Punjab University (PU) has formally begun implementing its Research, Innovation and Commercialisation Policy 2026, marking a significant step toward strengthening applied research, promoting innovation, and transforming knowledge into socio-economic impact.
Under the policy, faculty spin-off companies will be permitted, allowing researchers to establish and manage commercial enterprises based on technologies developed at the university. Institutional support and a transparent revenue-sharing mechanism will also be provided under the new policy.
Faculty members now will receive between 50% and 80% of royalty income generated from products they develop, ensuring encouragement of innovation and fair financial incentives.A key feature of the policy is strong Intellectual Property (IP) protection. National and international registration of patents, copyrights, and trademarks will be facilitated to safeguard researchers’ inventions.
