“Support commercialization through promising technologies”
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- Writer 커뮤니케이션팀
- 보도일자 2016-07-25
In June, our university’s Industry-Academic Cooperation Foundation received the approval for the incorporation of an “Industry-Academic Cooperation Technology Holding Company (hereinafter referred to as “the Technology Holding Company”)” from the Ministry of Education and finished the registration of incorporation.
The Technology Holding Company is an organization dedicated to commercialization by investing in technologies of the university in order to establish a new company or an affiliate through methods such as a joint venture with external companies or share acceptance of existing companies. The purpose of the organization is to find and verify technologies that show commercialization prospects among university technologies, establish affiliates, and provide support through consultation on diverse areas such as affiliates’ technology, marketing, management, and investment.
This is a proactive model that overcomes and supplements the weaknesses of various existing forms of technology commercialization such as technology transfer, business incubation, and university based enterprises. Since the first incorporation of a university technology holding company in 2008, there are now 46 incorporated technology holding companies nationwide.
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The patented technology that our university’s Industry-Academic Cooperation Foundation is currently promoting in order to establish the first affiliate of the Technology Holding Company is technologies related to “prevention and improvement of atopic dermatitis.” By itemizing the cosmetics that are rapidly emerging as the representative industry of Korea based on the recent K-beauty Wave, they plan to launch a successful affiliate that can create stable and sustainable revenues.
For this purpose the Industry-Academic Cooperation Foundation has been conducting review of patent technologies that can be commercialized, feasibility analysis, and technology value assessment since the second half of 2015. And the foundation has been establishing strategies such as campus presentations and meetings with possible joint venture companies in order to find items for the second and third subsidiaries to come.
The CEO of the Technology Holding Company and President of Industry-University Cooperation Foundation Cheon Chung-il said, “Through the incorporation approval of the Technology Holding Company, we will expand our universities excellent technologies to the industrial sector, and through this, we will establish a virtuous cycle of reinvestment in research and development,” and “we plan to reorganize our relevant systems to find promising technologies toward the incorporation of a successful affiliate.”