Innovation Act for Industry-Academia Collaboration and Talent Cultivation in National Key Fields Article 43

A key research institute shall draw up a report on its annual operations plan. This report shall incorporate the performance targets, the key annual work focal points, financial planning, risk assessment, expected benefits, and other important matters. The report shall be presented to the management committee for deliberation and then to the university council and to the competent authority for reference upon approval by the supervisory committee.