Page 136 - UUM_SPP_III_2021-2025

THRUST 2: RESEARCH EXCELLENCE
INTELLECTUAL PROPERTY

PERFORMANCE TARGET
NO. REFERENCE
INDICATOR 2021 2022 2023 2024 2025
Number of commercialised
44 MyRA 3 3 3 3 3
products

OPERATIONAL DEFINITION

Total number of innovations from technology know-how licencing that are successfully developed
into commercialised products for the market.

Notes:
1. Products that are commercialised by registered companies (including holding/spin-
off/start-up companies from HEI under evaluation).- Inside sales are not taken into
consideration, e.g., sales between HEI and holding/spin-off /start-up companies.
2. Commercialised products must generate revenue as at year of evaluation.

3. Products that are commercialised/marketed by spin-off companies that are registered with
the authorities are acceptable with the assurance of financial transactions (amount of
134 money stated in the statement). Smartphone applications (mobile apps) that are
commercialised need to show payments from the Digital Distribution Platform, like Google
Play or Apple App Store.

4. Cumulative transactions can be carried forward if the amount is less than RM20,000 as at
year of evaluation.
5. Commercialisation period may exceed more than one year or until the accumulated
amount reaches RM20,000 and above.

ACTION PLAN SCHOOLS/DEPARTMENTS
INVOLVED
• Secure project grants from subsidiaries to receive
double tax exemption Schools and selected Departments

MONITORING MECHANISM

• Research and Innovation Management Centre
• Innovation and Commercialisation Centre
• Bursar’s Office