Technology Transfer from Public Research Institutes Up 5.9%... Hanyang University Sells 25 Billion KRW Patent to LG Chem

2022 Technology Transfer and Commercialization Status Survey Results

The income from technology transfer in 2022 by public research institutions such as national and public research institutes and universities increased by 5.9% compared to the previous year, reaching 281 billion KRW. This is according to the '2022 Public Research Institutions Technology Transfer and Commercialization Survey' conducted by the Ministry of Trade, Industry and Energy and the Korea Institute for Advancement of Technology to assess the technology transfer and commercialization status of 297 domestic public research institutions.

Due to worsening domestic and international conditions such as the global economic downturn and reduced investment, corporate demand for technology adoption decreased, resulting in a 21.6% and 9.2% decline in the number of technology transfers and technology transfer rate respectively compared to the previous year. However, technology transfer income increased compared to the previous year, indicating an improvement in qualitative outcomes. According to the Ministry of Trade, Industry and Energy, technology transfer income last year increased by 41 billion KRW (17.1%) compared to the average of the recent five years (2017?2021). The average annual growth rate since 2018 recorded 10.3%.

In particular, Hanyang University signed a large-scale contract transferring a high-nickel cathode new technology patent worth 25 billion KRW to LG Chem. The Electronics and Telecommunications Research Institute sold patents for core materials and process technologies of lithium secondary batteries worth 1.2 billion KRW to SK Inc.

Lee Min-woo, Director General of Industrial Technology Convergence Policy, stated, "We will continue to enhance qualitative outcomes by expanding government research and development (R&D) investment and international cooperative R&D in challenging and innovative fields." He added, "We also plan to improve regulations, which companies cite as obstacles to adopting public technologies, by concurrently improving systems so that demand companies can secure exclusive rights when signing technology transfer contracts."

The Public Research Institutions Technology Transfer and Commercialization Survey report is scheduled to be posted on the National Technology Bank website in December.

This content was produced with the assistance of AI translation services.