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Introduction
- Greetings
- Current Director
- Former Directors
- Overview
- Directions
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Intellectual Property
- Intellectual Property Management
- Technology transfer contract guidelines
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Technology Commercialization
- Technology Transfer
- Technical Business Support
- Technology Marketing
- Startup Support
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Industry Liaison
- Industrial Liaison Technical Consulting Program
- Regular Meetings With Startup Support Venture Investors
- Education/Talent Fostering
- Investment Companies
- News
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Refusal of unauthorized email collection
- Refusal of unauthorized email collection
Greetings
Office of University-Industry Cooperation
Greetings
Greetings
I am Keon Jae Lee,
the director of the KAIST
Institute of Technology
Value Creation (ITVC).
Welcome to the ITVC.
Established in 1971 as the first research-oriented university in Korea, KAIST has led the development of science and technology in our country over the past half-century and has grown into a globally recognized science and technology university.
The reason KAIST has achieved globally notable research outcomes is due to the passion and dedication of all its members, including faculty and students. We never forget that this has been possible with the full support of the government and the boundless love and support from the public.
Moving forward, KAIST will continue to pursue the cultivation of advanced science and technology talents, basic and applied research, and support for the entire industrial sector, aspiring to become a hub for the discovery of new knowledge and technologies at a global level, leading the era of the Fourth Industrial Revolution.
In today's era of infinite competition in science and technology, the value creation of university technology is a precious infrastructure that can secure industrial and corporate competitiveness, as well as national development and economic growth.
The KAIST Technology Value Creation Center is committed to developing high-quality intellectual property, technology transfer, and technology value creation through industry-academic cooperation, playing its role in realizing KAIST's vision as a global leading university.
We look forward to your continued support and cooperation.
Thank you
Director, KAIST Institute of Technology Value Creation
Keon Jae Lee
Current Director
Office of University-Industry Cooperation
Current Director
Current Director
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Major
PhD in Materials Engineering, University of illinois Urbana Champaign
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Experience
2022-current : KAIST endowd Chair Professor
2009-current : Professor, Department of Materials Science and Engineering, KAIST
2020-current : Editorial Board, Advanced Materials (Wiley, Impact Factor=32)
Former Directors
Office of University-Industry Cooperation
Former Directors
Former Directors
- 1st Director of KAIST ITVC 2021.03.01 ~ 2024.02.29
- 1st Director of KAIST ITVC 2020.04.01 ~ 2021.02.28
- 4th Director of Industrial Liaison Center 2017.03.13 ~ 2020.03.31
- 3rd Director of Industrial Liaison Center 2013.04.08 ~ 2017.03.12
- 2nd Director of Industrial Liaison Center 2010.08.01 ~ 2013.04.07
- 1st Director of Industrial Liaison Center 2007.10.17 ~ 2010.07.31
Overview
Office of University-Industry Cooperation
Overview
Overview
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Vision & Mission
Founding purpose
Establish a virtuous system of value creation and innovation
that enhances KAIST’s technological and economic value by deriving high-quality intellectual property
from research outcomes and disseminating results to the global community
Vision
Present solutions to issues faced by the nation and humanity, and establish a sustainable value-creative platform for global value creation
Sustainable technology
value-creating platform-
outstanding
patent creation -
technology
transfer -
establishment
of technology
investment
companies -
customized
industrial liaison
Mission
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History
2010–Present
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2021.05
Clarivate Wins 'Global Top 100 Companies Awards'
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2020.07
Received Outstanding Patent Quality Management Institution Award from Intellectual Property Office
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2020.04
Restructured organization of ITVC (ITVC)
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2019.12
Became first domestic university to achieve KRW 10 billion in royalty
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2019.11
Received 2019 IPBC Asia, Asia IP Elite and Team of the year, Asia IP Elite awards
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2019.11
Received Outstanding Public Patent Technology Transfer Award from Intellectual Property Office
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2017.11
Received 2017 Young IP Pioneers Award
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2017.11
Received 2017 Ministry of Trade, Industry and Energy’s Technology Commercialization Merit Award
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2017.04
Established Global Center for Open Research with Enterprise (G-CORE)
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2011.12
Greatest single-year profit achieved by Office of University-Industry Cooperation
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2011.05
Selected as a university-leading technology transfer organization (TLO) support project
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2011.01
Office of University-Industry Cooperation relocated to Munji Campus (ICC)
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2010.09
Vision 2025 established by Office of University-Industry Cooperation
2000~
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2009.03
Received Outstanding Public Patent Technology Transfer Award from Intellectual Property
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2006.07
Selected as a university-leading technology transfer organization (TLO) support project
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2006.03
Renamed as Office of University-Industry Cooperation
1990~
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1997.09
Expanded into High-Tech Venture Center (HTVC)
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1994.12
Established KAIST TIC/TBI
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2021.05
- Statistics
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ITVC CI
English Logo
The core values of ITVC’s brand mark are represented by the image of a box, symbolizing, challenge, cooperation, and passion.
The soft squares and fresh blue colors evoke a youthful image.
Color System
Directions
Office of University-Industry Cooperation
Directions
Directions
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KAIST Munji Campus, 193, Munji-ro, Yuseong-gu, Daejeon,
Republic of Korea 34051 - http://itvc.kaist.ac.kr
Express bus
Board Bus No. 802 at Dongbu Inter-City Bus Terminal → Alight at Munji Intersection
Board Bus No. 912, 117, 655, or Village Bus No. 1 at Yuseong Kumho Express Bus Terminal stop → Alight at Munji Intersection
Board Bus No. 121 at Yuseong Oncheon Station Exit 7 stop → Alight at Munji Intersection
Board Bus No. 705 at the Daejeon Government Complex stop → Alight at Munji Intersection
Train
Board Bus No. 802 at Daejeon Station stop → Alight at Munji Intersection
Board Bus No. 318 at Seodaejeon Station Entrance stop → Transfer to Bus No. 918 at Shinsegae Department Store stop → Alight at LG Chem R&D Campus Daejeon
Subway
Alight at Wolpyeong Station (Line 1) → Take a taxi
Map
Intellectual Property Management
Office of University-Industry Cooperation
Intellectual Property Management
Intellectual Property Management
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KAIST Evaluation System
Invention Report
- The Intellectual Property & Tech-Transfer Center manages the intellectual property rights related to employee inventions of affiliated faculty and staff in accordance with Article 10 (2) of the Invention Promotion Act and the Rules on In-service Inventions.
- Employee inventions are intellectual property created by KAIST researchers (faculty, staff, etc.) in relation to their duties using the university’s research facilities or personnel.
- Inventors of employee inventions are required to report their inventions to their affiliated institution in accordance with relevant laws.
- How to report an employee invention : Submit the Employee Invention Report to the president of KAIST using the KAIST Intellectual Property and Tech-Transfer System PTMS (https://ptms.kaist.ac.kr).
Submission of invention reportresearcher
Receipt of invention reportITVC
Prior art searchdedicated patent office
Domestic invention evaluationITVC
Application requestITVC
Applicationdedicated patent office, ITVC
intermediate processingdedicated patent office, ITVC
patent registrationdedicated patent office, ITVC
maintenance of rightsITVC
Prior art search
Investigation of existing or similar prior art (publicly known technology) for the invention intended for patent application (within 14 days from the filing date)
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(Invention reporting stage) Evaluation of the patentability of
the invention intended for patent application
- Results of the patentability evaluation are utilized in the patent grading assessment
- Supplementary measures required if likelihood of registration is low
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(Application stage) Formulation of strategies for writing
claims in the patent specification
- Broaden scope of claims if there is no similar prior art
- Focus patent claims on actual examples not present in existing (unpublished) prior art
Invention review
Domestic patent application process
Employee invention report
Prior art search
Domestic invention evaluation review
re-review conducted only once등급별 평가점수 구간 및 취급 정보에 대한 표 Grade Score range Support A > 90 points domestic application support (candidate for overseas evaluation) B > 80 points domestic application support C > 70 points domestic provisional specification application D < 70 points no support for application costs - Approximately 60 days from receipt of invention report to patent application
- In case of urgent application, proceed with the provisional specification application, and then apply for invention evaluation
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cases without ITVC support
- Provisional specification application
- Expedited evaluation request
- cases with invention evaluation grade D
- Domestic/international patents through non-dedicated patent offices
- Joint patent with companies
patent application process
KAIST-supported cases
Report of employee invention
Notice of overseas evaluation review schedule
Overseas evaluation review
Jan, Apr, Jul, OctRe-evaluation
re-evaluation permitted once if not selected
invention evaluation grades
등급별 평가점수 구간 및 취급 정보에 대한 표 Grade Score range Support A 91 - 100 points PCT + support for 2 countries B 81 - 90 points PCT or support for 1 developed country C < 80 points not eligible for overseas application -
Other References
Domestic patent application roadmap
Filing a provisional application
Provisional application can be used if papers have not yet been published.
- Papers or lab notes can be submitted as they are to secure patent filing dates. This is known as provisional application in the United States.
- Filing a provisional application saves time in drafting a full patent specification, which speeds up the patent application process.
- A formal application must be submitted within one year of filing the provisional application. Provisional application costs are not supported by the school (under-paid after invention evaluation)
Patent application process should be initiated as soon as possible if papers have been published.
- Patent applications can be filed within one year from the publication date (journal publication, seminar presentation) in Korea, US, Japan, etc. (not possible in China and Europe).
- Specify the publication date in the invention report.
Overseas patent application roadmap
Comparison of PCT international application and general overseas application procedures
Overseas application strategy
To retroactively apply the point of determining the patentability of the invention to the initial domestic filing date, overseas application or PCT application must be completed within one year from the initial domestic filing date !- Application in one or two countries, target country can be determined, overseas application costs are manageable -> More advantageous to apply directly to the country concerned (based on the Paris Convention)
- Target country difficult to confirm, overseas application costs are considered expensive as almost one year has elapsed from the initial filing date → Bear the cost of PCT application to gain an additional six months(PCT application cost is used to secure more time)
Technology Transfer
Office of University-Industry Cooperation
Technology Transfer
Technology Transfer
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Technology Transfer Overview
Technology Transfer Overview
- KAIST was founded for the purpose of linking science with commerce to facilitate practical application, growth, and development. Technology transfer is one of its missions, and research outcomes in the form of new products are transferred to benefit the economy and society. Technology transfer generally refers to the dissemination of knowledge or discoveries to the general public. Such transfer can occur through publications, educated students joining the labor market, exchanges through conferences, and collaborations with industries. However, in the context of this guidebook, technology transfer refers to the formal transfer of technology to a third party under the guidance of universities, research institutions, businesses, or experts in relevant fields.
Technology Transfer Procedures
T2* application
- 1. Researcher-TLO consultation
- 2. Completion of technology transfer application by interested companies link
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TLO* contacts
- Bio/chemistry (T.2974/6427)
- Mechanical/materials/electronics/ICT (T.2973)
- Materials/SW/electrical/chemistry (T.2975/6422)
- *TLO : Technology Licensing Officer
Preliminary assessment
- 3. Verification of patent rights/transferability
- 4. Review of suitability of candidate company
- 5. Technology transfer valuation
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Valuation
- Transfer agreement : Formal evaluation (2–3 months) by specialized institutions
- License agreement : Information evaluation (2–3 weeks) using tools, etc.
T2 Negotiations
- 6. Negotiations of technology transfer form and conditions general license/exclusive license/transfer agreement
- 7. Propose term sheet for technology transfer
- 8. Delivery of draft contract
- 9. Contract adjustment negotiations
Committee Deliberations
- 10. Submission of agenda to Technology Commercialization Committee (Applications accepted until the third Friday of each month)
- 11. Deliberations by Technology Commercialization Committee (Every first Wednesday of the month) ※ Pursuant to Article 6 of Rules on Technology Licensing and Royalties
- *COI : Conflict of Interest
Items No. 10 and 11 applicable in the event of of COI*
with transfer agreements or inventor’s past companies
Contract Execution
- 12. Checking researchers for (final) contract
- 13. Completion of Technology Licensing Contract Request ※ Form specified in Article 5 of Rules on Technology Licensing and Royalties
- 14. Internal approval of contract
- 15. Signing of contract
Distribution of Royalties
- 16. Deposit/confirmation of royalties (down payment)
- 17. Completion of Table of Distribution of Royalties ※ Form specified in Article 20 of Rules on Technology Licensing and Royalties
- 18. Distribution of royalties ※ Pursuant to Article 13/20 of Rules on Technology Licensing and Royalties
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Contact
- Staff (T.2976)
Technical Business Support
Office of University-Industry Cooperation
Technical Business Support
Technical Business Support
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ILP South-East Power Support Project
About
- Selects companies with outstanding R&D ideas from among small- and medium-sized enterprises related to power generation equipment. Success rate of commercialization enhanced through active support, covering aspects such as R&D feasibility, market potential, likelihood of success, and establishment of commercialization strategies.
Project Details
- Integration with KAIST ILP membership program for domestication and new product R&D pursuits of small- and medium-sized enterprises
Project Scale
- Project cost (approximately KRW 50 million/company), number of companies (around 3 companies/1–2 years)
ILP 남동발전지원사업 사업비 표 Project cost by companies Cost-sharing ratio title South-East Power small/medium-sized enterprises KRW 50 million 75% of total project cost 25% of total project cost - Support limit : KRW 37.5 million
- paid by small- and medium-sized enterprises if exceeding KRW 50 million
Selection of Participating Companies
- Call for applications : Applications received through announcement on external website
- Selection : Participating companies selected based on evaluation by review committee
Call for applications (KOEN)
Small/medium-sized enterprises
Selection of participating companies (KOEN)
Convening of review committee
Signing of support agreement
(KOEN ↔ Small/medium-sized enterprises ↔ Related institutions)Funding of 50% of project expenses
(KOEN/Small/medium-sized enterprises → Related institutions)
Project implementation
Report writing
Notification of results
(Small/medium-sized enterprises → KOEN)Submission of project report
Funding of 50% of project expenses
(KOEN/Small/medium-sized enterprises → Related institutions) -
TMC Project
Organization
- Organizing departmentMinistry of Science and ICT
- Professional instituteCommercialization Promotion Agency for R&D Outcomes
- Organizing instituteKAIST ITVC
- Participating instituteMirae Holdings, Ltd.
- Participating instituteKAIST Holdings Co., Ltd.
Project Overview
Project Purpose
- Establish a university-industry cooperation ecosystem to create new industries and jobs by enhancing R&D value based on public technology owned by the university
- Contribute to new job creation by promoting technology commercialization (technology transfer and lab startups) of the university’s research outcomes
Project details
- Promote technology transfer and commercialization of public technology owned by the university and facilitate corporate growth by providing integrated support for TLO and technology holdings companies
대학기술경영촉진사업 사업내용에 관한 표 Classification Technology transfer (university TLO support) Startup/Corporate growth (technology holdings company support) Technology exploration - Identification of promising technologies for technology transfer
- Matching between public technologies and corporate demand
- Identification of candidate technologies for lab startups
BM production - Business model(BM) design
- Startup business model(BM) development
Commercialization - Prototype creation/testing and certification/design support
- R&BD (product development, mass production) support
Marketing - Domestic and international technology marketing
- Support for startup establishment/growth (labs, subsidiaries) by attracting public investment and exploring product markets
Technology Marketing
Office of University-Industry Cooperation
Technology Marketing
Technology Marketing
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CES
Event Overview
The Most Influential Tech Event in the WorldCES (Consumer Electronics Show) is the world's largest electronics exhibition held annually in Las Vegas, USA, every January. It serves as a platform for leading global companies and innovative startups in future technology to showcase their new visions and engage in advanced technological exchanges.
Role of ITVC
ITVC operates the KAIST booth at CES, contributing to promoting the outstanding technologies of KAIST-related companies, including KAIST faculty and student startups, KAIST technology transfer companies, and alumni companies, on a global scale. In the future, ITVC will actively collaborate with external organizations and groups to play a key role at CES.
Startup Support
Office of University-Industry Cooperation
Startup Support
Startup Support
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Innopolis Campus Project
Overview
- Period : 2022.06.20 ~ 2024.02.29
- Total cost : KRW 700 million
- Eligibility : Faculty startups (business registration certificate issued within 2022.06.20-2024.02.29 and approved by Startup KAIST, and prospective faculty entrepreneurs who expect to obtain business registration certificates within the project period)
- Support details : Support throughout all stages of entrepreneurship, including discovery of promising business ideas for prospective entrepreneurs, startup education support, idea validation, prototype production, and investment attraction, aiming for successful technological entrepreneurship and early establishment of businesses
Project details
- Prototype production support for KAIST faculty startups (KRW 2 million per case, up to 24 projects)
- Startup education by KAIST ILP Faculty Group
- Startup advisory activities of VC CEOs (linked with DCM)
- Organization of joint events between KAIST student entrepreneurs and VCs
Project VISION
- Practical support for entrepreneurship in prototype creation and testing certification fees
- Contributing to national technological independence through fostering startups in materials, components, and equipment
- Producing unicorn companies in Daedeok area by discovering startup teams for the KAIST Innopolis Campus Project
- Entrepreneurial expansion through KAIST’s technology transfers within Daedeok Innopolis
Idea exploration
Focusing on potential entrepreneurs in materials, components and equipment
Validation of startup ideas
POC production support
KAIST ILP (expert network)
Startup and investment integration
DCM VC advisory group
Follow-up support
Integration with other projects, patent assistance, etc.
Industrial Liaison Technical Consulting Program
Office of University-Industry Cooperation
Industrial Liaison Technical Consulting Program
Industrial Liaison Technical Consulting Program
KAIST faculty advisory group
Receipt of applications
Industrial liaison requests by companies / demand identification
Discussion
ILP Director and PD consultative group
Resolution
Initial direction-setting by PDs in various fields
Results
Faculty advisory group with various areas of specialization
Transdisciplinary problem-solving (through honorary advisory group where necessary)
Management
Continuous management of member companies
(Additional requests, ILP information provision, industrial liaison projects)
Regular Meetings With Startup Support Venture Investors
Office of University-Industry Cooperation
Regular Meetings With Startup Support Venture Investors
Regular Meetings With Startup Support Venture Investors
DCM : Department venture Capital Meeting
Regular meeting program between department professors interested in industrial liaison and VC representatives
- Strengthening information exchange and specialized education through advisory and mentoring services by skilled VC representatives
- Startup pitching training and faculty startup support through collaboration with Startup KAIST
- Exchange of industrial liaison information for startup/technology transfer through ILP Director
- Surveying demand for meetings between department professors and VC representatives
- Information exchange between department professors and VC representatives (Counseling)
- Offering startup consulting and linking to startup programs of Startup KAIST for interested professors (startup pitching training, introduction to faculty startup support programs)
- Information exchange on industrial liaison through the ILP Director for entrepreneurial faculty who founded startups more than 3 years ago
- Surveying demand for meetings between entrepreneurial faculty and VC representatives
- Information exchange between faculty startups and VC representatives (Counseling)
- Continuous support for faculty startups and facilitating major investments
- Selection of undergraduate/graduate students interested in startups
- Meetings and counseling with ILP Director/Program Director
- Lectures by star venture entrepreneurs of student startups and networking events
- Support for startup programs linked to Startup KAIST (Research institute companies: Startup pitching training, faculty startup support)
Education/Talent Fostering
Office of University-Industry Cooperation
Education/Talent Fostering
Education/Talent Fostering
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Advanced Program for Technology & Finance Convergence
About
Advanced Program for Technology&Finance ConvergenceThe KAIST ATFC program, linked to ITVC’s ILP, is designed for top executives using KAIST’s advanced technology and financial engineering. It is an advanced program that promotes corporate technological innovation and offers opportunities to interact with Korea’s top-tier technology and financial networks.
Program Details
Vision and goals
Enhancing capabilities of top executives with expertise in convergence industries through a curriculum that integrates technology and financeFostering transdisciplinary experts in finance & technology
- Theoretical and practical education necessary for business operations, including cutting-edge core technology, enterprise valuation, and investment methods
- Creation of new value through a curriculum that combines future technology and finance
- Promotion of corporate technological innovation and capacity to create new industries based on KAIST’s convergence of advanced technology and finance
Flagship program with convergence of technology and finance for top executives, creating new value through the integration of cutting-edge technology and finance educationKorea’s leading alumni network in technology and finance
- Organic exchanges and diverse activity support via the vast network of experts
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Opportunity to attend CES, the most influential tech event in the world
(visiting booths of KAIST and participating companies) - Granting of KAIST alumni status
Key Words
The Best Curriculum for the Best LeaderThe KAIST ATFC program selects top-tier executives, and provides them with the finest education in technology and finance convergence.
Top instructors in the filedThe KAIST ATFC program is composed of authorities and experts in various fields. Its world-class faculty offers the latest theories and practical education in diverse technology and finance fields.
The Power of alumni networksThe KAIST ATFC program supports organic exchanges and diverse activities to develop an extensive network among peers and juniors/seniors, who serve as key leaders of companies.
Overview
Program name
- Advanced Program for Technology & Finance Convergence (APFC)
Organizers
- KAIST ITVC, College of Engineering
Target and schedule
- Target : Business persons, professionals, public servants, journalists, prospective entrepreneurs, etc.
- Number of students : Around 30 – 40 per batch
- Program schedule : Spring 2024
교육일정에 관한 표 Semester Period Time Spring March–June every year Once a week, 18:30 – 21:30 Fall September – December every year Once a week, 18:30 – 21:30 Completion requirements and certificate
- Completion requirements : Attendance of at least 2/3 of classes and participation in at least one workshop
- Certificate of completion : Issued under the name of the president of KAIST
Benefits for students (subject to change)
- Granting of KAIST alumni status (invitation to various alumni events and lectures)
- Organic exchanges and diverse activities through the vast network (New Year's gatherings, year-end parties, hiking clubs, golf clubs, reading clubs, etc.)
- Participation in seminars, forums, and regular academic conferences
- Newsletters from ITVC and the College of Engineering
Inquiries
- KAIST ITVC Industrial Liaison Center 042-350-6424, 6428 E-mail of ATFC program representative
Home Page
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G-Core
Establishing a system for utilization of human resources, serving as a platform where outstanding global talents and companies gather and circulate
- Establishment of G-Core matching platform to connect advanced research of outstanding global talents and technology development demands of promising companies to KAIST research personnel and infrastructure
- Efficiently conducting commercialization-oriented research and development by directly connecting KAIST’s world-class research to partner companies’ demand for technology development
- Identifying companies with demands in various fields through KAIST G-Core, and attracting outstanding global talents to pursue research and commercialization while utilizing KAIST’s advanced research infrastructure
- Nurturing the KAIST G-Core Matching Platform to facilitate the virtuous cycle of transfer of research outcomes to companies and corporate recruitment of outstanding global talents
About
Establishing an innovative industrial liaison model centered around universities where outstanding domestic/international talents and businesses gather to conduct industry-oriented R&D and contribute to the creation of new industries
- Building an innovative industrial liaison model for outstanding global talents and businesses to conduct industry-oriented R&D, and contribute to intellectual property, technology transfer, and the creation of new industries
- Providing opportunities for outstanding global talents to directly experience industries and actively address on-site problems, thereby accumulating research competencies
Details
Providing opportunities for outstanding global talents to directly conduct R&D and actively address on-site problems of partner companies, thereby accumulating research competencies
- Technology development and supply: Attracting exceptional global talents to KAIST and utilizing KAIST's infrastructure to execute R&D projects tailored to industry demands and provide technology needed by businesses
- Talent development and utilization: Cultivating industrial R&D capabilities in exceptional global talents and facilitating their entry/settlement in companies as a stepping stone for growth
Enhancing R&D standards and strengthening partner companies' competitiveness by attracting outstanding global talents and collaborating with them for joint research with companies
- Attraction : Attracting outstanding global talents through KAIST's research infrastructure and promoting qualitative growth of research through joint R&D
- Utilization : Strengthening corporate competitiveness by connecting outstanding global talents and KAIST infrastructure to partner companies
- Circulation : Activating the entry of outstanding global talents into industrial sectors through cooperative research with partner companies
OpennessAn open industrial liaison model where universities and businesses collaborate anytime, anywhere
FlexibilityFlexible sunset-type organization that allows easy formation and dissolution of research teams in response to corporate demands
ExcellenceEnhancement of KAIST’s research capabilities and visibility by attracting and utilizing outstanding global talents
CreativityStrengthening innovative capacities through reinforced education on entrepreneurial spirit and convergence R&D
R&D for business problem-solving- Identification of various business issues
- Operation of sunset-type teams → Rapid resolution of diverse problems
Global small giants in technological innovation
Technology demand
Convergence R&D for new industry creation- Future demand pioneering research based on research excellence
Mid-sized companies as future growth enginesOpen collaboration with industries
Education to strengthen creative innovation capabilities- Capacity-building education for companies to discover new business opportunities
Government-funded research institutes as basis of R&D
Human resource demand of companies
Investment Companies
Office of University-Industry Cooperation
Investment Companies
Investment Companies
Rules concerning investment companies : Established and operated based on Rules on Management
of Contribution and Research Institute Companies
company
- A company in which KAIST has secured an ownership stake of of at least 10% for contributions such as technology, know-how, contribution in kind and cash
- A KAIST research institute company registered in accordance with the Special Act On Promotion Of Special Research And Development Zones
- A company established based on contributions by the KAIST Development Foundation
company
- A public institution that holds 50% or more of shares by itself or jointly with two or more institutions, or holds 30% or more and has effective control of the board of directors Source : Guidelines for Management and Innovation of Public Enterprises and Quasi-Governmental Institutions
- Prior consultation with the supervising ministry is required if establishing an institute that holds effective control
company
- An investment company whose capital has exceeded a certain percentage of KAIST shares as specified in the Special Act on the Promotion of Daedeok Innopolis, Etc.(lowered from 20% to 10% or more / amended in June 2021)
Intellectual Property & Tech-Transfer Center/ Industrial Liaison Center, institutions specializing in commercialization, researchers
nderstanding the company's status, analyzing business ideas, conditions for establishing a research institute company, brand usage restrictions, exit plans, contract termination conditions, etc.
Mutual discussions about technology to be invested in
Mutual discussions about technology to be invested in
Respective companies
Professor → Pre-screening by Startup KAIST →
Intellectual Property & Tech-Transfer Center / Industrial Liaison Center
Presentation of company’s business plan
Utilization of Innopolis headquarters and Commercializations Promotion Agency for R&D Outcomes
Korea Innovation Foundation
Approval by KAIST (Ministry of Science and ICT)