Kibo, Korea Institute of Marine Science and Technology Promotion, and Open Innovation Support
First Demonstration of Electronic Contract for Free Technology Transfer
The Korea Technology Finance Corporation (Chairman Kim Jong-ho, hereinafter Kibo) announced on the 24th that it has signed a business agreement with the Korea Institute of Marine Science and Technology Promotion (Director Oh Un-yeol, hereinafter KIMST) to support open innovation activities of small and medium venture companies and to revitalize the technology transaction platform.
Through this agreement, both organizations agreed to promote ▲ platform information linkage ▲ preparation of technology finance support plans for technology transfer companies ▲ joint marketing such as free sharing of unused patents ▲ joint promotion for platform participating companies and institutions. They also agreed to work together to enhance the technology transfer and commercialization of excellent national research and development (R&D) achievements in the marine and fisheries sector.
Kibo, jointly with KIMST, signed an electronic contract using the 'Smart Tech Bridge e-Electronic Contract System' regarding the free sharing technology transfer of public technology. This contract transfers the patent technology related to the 'Digital Navigation Device for Ships' owned by the Korea Research Institute of Ships and Ocean Engineering to a private company free of charge. This is the first electronic contract signed since the Smart Tech Bridge system was adopted as the main contracting method for the Ministry of Strategy and Finance's 'Private-Public Institution Cooperation Unused Patent Free Sharing Project.'
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Kim Jong-ho, Chairman of Kibo, said, "This agreement is significant in that it has laid the foundation for technological innovation of small and medium venture companies through information linkage between platforms scattered across ministries and institutions," adding, "Kibo will continue to expand inter-institutional cooperation projects to achieve revolutionary technology transfer of national R&D outcomes and increase the commercialization success rate of small and medium venture companies."
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