The Ministry of Industry, Science, Technology, and Innovation ("MISTI") has been discussing the draft Law on Technology Transfer ("Draft Law") with other relevant institutions and authorities. The Draft Law aims to manage, stimulate, and promote the transfer, export, and import of technology among public and private institutions and non-governmental organisations.
If the Draft Law is adopted, MISTI will be the regulatory authority leading, managing, facilitating, and promoting the transfer of technology in Cambodia.
Under the Draft Law, any person who performs technology transfer activities is obliged to obtain a license, permit, or certificate of technology transfer from MISTI and to annually contribute 1% of gross revenue to the technology research and development and innovation fund.
