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Tech Transfer For Industry

Home > Tech Transfer For Industry > Process


Technology Transfer Process

  • Pre-Negotiation Negotiate the terms and conditions of technology transfer contract among the potential technology buying companies, in particular, with the inventor-technology transfer agent or officer of that company
  • Request for Technology Transfer Contract Inventor will submit the request to the contract department
  • Review the Terms and Conditions of Contract Review and confirm the terms and conditions of the contract (if necessary, evaluate the contract's external technology value )
  • Preliminary Review Conduct the trade-off study on the title transfer and value of the title (Technology Commercialization Committee will authorize the technology transfer)
  • Signing the Contract Sign the contract after being approved internally by the contract department (Register a scanned contract copy at PPMS, and link it to the patent DB.)
  • Billing for Technology Fee Bill the technology fee to the transferee based on what is specified in the contract (Register the scanned receipt of the deposit for the technology fee at PPMS)
  • Post-Facto Services Manage the contract's contents such as expiration date, outstanding balance, and running royalty fee (Inform the transferee one month prior to each due date )


  • Assesses which technology will be feasible for commercialization and analyzes the technology's  marketability.
  • When a third party (hereinafter ‘transferee-to-be’) requests the commercialization of the research's end-result, whose right belongs to KAIST or is co-possessed with other institutions, the contract department or technology agent should review the feasibility along with the inventor and ‘transferee-to-be.’
  • If necessary, a confidentiality agreement should be signed first before the feasibility review through either fax or email.
  • Once it becomes  necessary to conduct the feasibility review, and once two parties made an agreement on the material transfer, KAIST may provide material support at a cost or for free.
  • When a potential buying company is matched with appropriate technology, the three stakeholders (the buyer, inventor, and contract department) discuss the terms and conditions on technology transfer.

Request for Technology Transfer Contract

  • The pertinent lab submits the request for technology transfer contract to the department in charge with the approval from the inventor’s department chair.
  • The request should contain the title of the research project in which the technology was produced.
  • When the ‘transferee-to-be’ requests for the usage or application of the technology possessed by KAIST or co-possessed with other institutions, the inventor will determine the terms and conditions regarding appropriate technology fees, as well as the  transferring period, after consulting with the relevant departments in consideration of the technology's  technological level, developing stage, marketability, economic feasibility, difficulty of applicability, technology transfer, and its training scope.

Review of the Terms and Conditions of Contract

  • When the pre-negotiation is finalized, the stakeholders write the contract draft.
  • Before signing the contract, it is highly recommended to comprehend the nature of the contract, if any, in order to avert a breach of the contract.

Preliminary Review

  • The Technology Commercialization Committee will review the appropriateness of the technology transfer and authorize the transfer of IPR.
  • In the event of free transferring, the Technology Commercialization Committee will authorize it through a preliminary review.

Signing of the Contract

  • A draft of the  contract  will be sent to the ‘transferee-to-be’ after confirming the terms and conditions.
  • The contract will be signed after the contract department in charge approves the contract internally. Then, it is necessary to register a scanned contract copy at PPMS, and link it to the patent DB.
  • A technology transfer officer and the transferee-to-be will sign the contract.

Instruction of Technology

  • Instruction  will be made through an electronic transmission of the technology manual, research (technology) report, microfilm, and drawing sheet using data storage devices (USB,CD,SD,HDD). Instruction  will also be made through technology advisors, technological training, while proof of knowledge regarding R&D will take place in written documentation or oral explanation.
  • If necessary, the inventor will be responsible for technology advising and will help test products successfully.
  • The instructions will be provided no more than a year from when the first instruction began.

Billing for Technology Fee

  • KAIST bills for the initial payment of fixed royalty. We also bill for any running royalty or minimum royalty for a certain period.
  • The running royalty will be counted for every product (and its accompanying right of property value), which was produced using the pertinent technology. The percentage royalty will be applied to the running royalty by  multiplying the prescribed rate of technology fee by net sales.  In addition, an initial payment will be billed in a lump sum.

Post-Facto Management

  • The technology transfer officer checks the status of the technology fee payment.
  • The technology  transfer officer also continuously monitors the status of the patent's  maintenance fee payment. The officer will email a reminder if there is an outstanding balance. If the delinquency is not paid within 30 days from the email notice, the officer will send a “contents-certified mail”, informing of a breach of contract to the transferee.
  • When the transferee signs up for an installment plan for paying the fixed royalty (less than 3 installments), the transferee should submit the ‘performance guarantee insurance’ by the due date.
  • When the transferee fails to honor the due date, the due date  will be extended for a 30-day grace period. But despite the grace period, when the transferee fails to clear the delinquency, the officer will inform the transferee of a breach of contract with a “certified-content letter”.
  • According to the contract, the technology officer will request the transferee to report the revenue incurred when  billing for the running royalty. The transferee should inform the date of production, date of the revenue incurred, and the year of profit created in written format. When the transferee fails to do so, the technology officer may restitute the profits gained retrospectively. If necessary, the officer may conduct an on-site inspection to verify  the actual revenue incurred.

Technology Marketing Process

담당자 : 최고관리자 수정일 : 2015년 01월19일 조회수 : 560