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THRUST 2: RESEARCH EXCELLENCE
INTELLECTUAL PROPERTY
PERFORMANCE TARGET
NO. REFERENCE
INDICATOR 2021 2022 2023 2024 2025
Number of Start-Up/
46 MyRA 1 1 1 1 1
Spin-off Companies
OPERATIONAL DEFINITION
Total Number of start-up companies (representing new businesses, jobs) created based on
research innovations.
Notes:
1. Number of active companies that commercialise University’s innovations in the year of
assessment
2. Number of new companies that commercialise University’s innovations in the year of
assessment
136
ACTION PLAN SCHOOLS/DEPARTMENTS
INVOLVED
• Enhance collaboration with subsidiaries/any
company/industry Schools
• Sabbatical leave is allowed to academic staff who is
in the process of forming start-up companies
MONITORING MECHANISM
• Innovation and Commercialisation Centre
