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Public Research Centers' Technology Transfers Reach Record High of 12,000 Cases

According to Yonhap News,

(SEOUL=Yonhap News) The number of technology transfers in Korea from public research institutions, such as research centers and universities, to private companies reached a record high of over 12,000 in 2016.

Last year's technology transfer rate also reached 38 percent for the second year in a row.

The data was published on December 17 in a survey on the current state of technology transfers and commercialization by public research institutions carried out by the Ministry of Trade, Industry and Energy (MOTIE) and the Korea Institute for the Advancement of Technology (KIAT).

The number of technology transfers by public research institutions reached 8,524 in 2014, 11,614 in 2015, and 12,357 in 2016.

Newly acquired technologies by public research institutions amounted to a total of 32,491 last year.

The technology transfer rate was 38.6 percent in 2015, and 38 percent in 2016.

81.5 percent of the technology transfers last year were made to small and medium enterprises.

Based on the survey, MOTIE also calculated technology transfer capacity-related indices for public research institutions.

As a result the Korea Institute of Science and Technology (KIST) was found to top the list in basic and future sciences, the National Institute of Forest Science in public infrastructure, Korea University for research and education, and the Electronics and Telecommunications Research Institute (ETRI) in commercialization.

MOTIE plans to apply the results of the recent survey to various technology transfer policies in the future.

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Source Text

Source: Yonhap News (Dec. 17, 2017)

** This article was translated from the Korean.
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