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KAIST Technology Value Tops in Commercialization Market
KAIST became the first Korean university to achieve 10.183 billion KRW in annual technology royalties, and was also selected as an ‘Institution of Outstanding Patent Quality Management’ and an ‘Institution of Outstanding Public Patent Technology Transfer’ for 2020. KAIST earns its technology royalties through 56 technology transfer contracts. Following KAIST in the rankings were Seoul National University (SNU) in second place with 8.8 billion KRW from 87 contracts and Korea University (KU) in the third with 5.4 billion KRW from 133 contracts. The data shows the high value of KAIST-created technology in the market. The Korean Intellectual Property Office (KIPO) started to recognize the Institution of Outstanding Patent Quality Management this year to encourage profit-driven patent management at universities and public research institutes, and KAIST was selected as one of the four first recipients of this distinction. In addition, KAIST was selected as an Institution of Outstanding Public Patent Technology Transfer, a title given by KIPO to three universities and public research institutes this year with outstanding achievements in technology transfers and commercialization to encourage patent utilization. Director of the KAIST Institute of Technology Value Creation (ITVC) Professor Kyung-cheol Choi said that KAIST’s achievement in annual technology royalties and technology transfers and commercialization were prime examples of accelerating competitiveness in intellectual property through innovative R&D investment. In April, KAIST expanded and reorganized its Industry-Academia Collaboration Team into the ITVC to support technology transfers and commercialization. Specialized organizations such as the Intellectual Property and Technology Transfer Center and Industrial Liaison Center have been established under the ITVC, and industry experts have been recruited as special professors focusing on industry-academia collaborations to enhance its specialized functions. KAIST also operates an enterprise membership system and technology consulting system, aimed at sharing its outstanding intellectual property within domestic industries. In 2019, it secured a technology transfer commercialization fund of 1.2 billion KRW available for three years under KIPO’s Intellectual Property Profit Reinvestment Support Program (formerly the Korean Patent Gap Fund Creation Project). This program was introduced to bridge the gap between the technology developed in universities and the level of technology required by industry. Under the program, bold investments are made in early-stage technologies at the research paper or experiment phase. The program encourages enterprises to take active steps for the transfer of technologies by demonstrating their commercial potential through prototype production, testing and certification, and standard patent filing. KAIST is currently funding approximately 20 new technologies under this program as of July 2020. KAIST’s outstanding intellectual property management has also received international recognition, with its selection as Asia’s leading institution in university R&D intellectual property at the Intellectual Property Business Congress (IPBC) Asia 2019 held in Tokyo, Japan last October. (END)
Cyber MOU Signing with Zhejiang University
KAIST signed an MOU with Zhejiang University (ZJU) in China on March 25. This MOU signing ceremony took place via video conference due to the outbreak of COVID-19. The collaboration with ZJU had already started with the signing of an MOU for cooperation in technology commercialization last December. Possible cooperation initiatives included facilitating joint start-up businesses, patent portfolios, and technology marketing. With this general agreement signing, it is expected that the two institutes will expand mutual exchanges and collaborations at the institutional level for education and research. President Sung-Chul Shin said, “We will work together to devise measures for the systematic advancement of cooperation in various directions, including education, research, and the commercialization of technologies.” ZJU, a member of the C9 League known as China’s Ivy League, was established in 1897 and is located in the city of Hangzhou. Its population across 37 colleges and schools comprises 54,641 students and 3,741 faculty members. The university was ranked 6th in Asia and 54th in the world in the 2020 QS Rankings. (END)
Distinguished Professor Sang Yup Lee Named NAI Fellow
(Distinguished Professor Sang Yup Lee) Distinguished Professor Sang Yup Lee of the Department of Chemical and Biomolecular Engineering was named to the National Academy of Inventors in the US. He is the first Korean scholar ever elected as a NAI fellow. The NAI is a non-profit member organization with over 4,000 individual inventors and fellows spanning more than 250 institutions worldwide. It is comprised of universities as well as governmental and non-profit research institutes. The academy was founded in 2010 to recognize and encourage inventors with patents from the US Patent and Trademark Office. So far, 575 fellows from 229 institutions have been elected. The academy said Professor Lee has been recognized for fellowship induction as he has demonstrated a highly prolific spirit of innovation in creating or facilitating outstanding inventions that have made a tangible impact on quality of life, economic development, and the welfare of society. Distinguished Professor Lee, a pioneering researcher and scholar in the field of systems metabolic engineering, was ranked in the top 1% of highly cited researchers (HCR) this year. Over the past 11 years, he published more than 130,000 articles in prestigious journals around the world. He has been cited more than 34,000 times since he started working at KAIST in 1994. He is also the first Korean ever elected to both the National Academy of Sciences (NAS) and the National Academy of Engineering (NAE) in the US, becoming the one of 13 foreign scholars in the world holding two prestigious institutions’ fellowships. Dr. Lee is currently the dean of KAIST Institutes, the world-leading institute for multi and interdisciplinary research. He is also serving as co-chair of the Global Council on Biotechnology and is a member of the Global Future Council on the Fourth Industrial Revolution at the World Economic Forum.
KAIST Co-owns the HEVC Patent Portfolio License
MPEG LA, LLC, a firm based in Denver, Colorado, which licenses patent pools covering essential patents required for the use of video coding technology, such as MPEG-2, MPEG-4 Visual (Part 2), and HEVC/H.264, announced the availability of the High Efficiency Video Coding (HEVC) Patent Portfolio License on September 29, 2014. The HEVC standard, also known as H.265 and MPEG-H Part 2, is necessary to improve video coding and transmission efficiency for the Internet, televisions, and mobile gadgets with increased speed and capacity. Through the portfolio license, users can easily obtain patent rights required for the HEVC standard in a single transaction, instead of negotiating separate licenses from multiple patent holders. A total of 23 enterprises currently own essential HEVC patents. KAIST is the only Korean university among the joint patent owners. Collaborating with the Korea Broadcasting System (KBS) and the Electronics and Telecommunications Research Institute (ETRI), Professor Mun-Chul Kim of the Electrical Engineering Department at KAIST developed one of the core patents. For a link to a press release distributed by MPEG LA, LLC, please see: MPEG LA, LLC, September 29, 2014 "MPEG LA, LLC Offers HEVC Patent Portfolio License" http://www.mpegla.com/main/Pages/Media.aspx
MOU for Intellectual Property Protection and Patent Litigation System Development
KAIST and the Patent Court of Korea signed a memorandum of understanding (MOU) to cooperate for the protection of intellectual property rights and education of patent litigation system. About 20 attendees including President Steve Kang of KAIST and Chief Justice Young-Ho Kang of the Patent Court of Korea met on May 30 at KAIST. Through the MOU, KAIST will provide technical advice needed for the patent application process. Likewise, the Patent Court will support KAIST researchers and students by offering patent application classes and patent trial observation programs. After the ceremony, the Patent Court hosted a class under the theme “A more realistic patent process for scientists.” The first speaker, the Honorable Chun-Woo Son, a former judge, shared a story in which a research achievement was wasted because of scientists’ ignorance of the patent system and its procedures. The next speaker was Dong-Yeob Kim, a patent examiner. In his lecture, titled “Proper Compensation for Inventions,” Kim emphasized the economic importance of registering patents even if the research achievements of scientists are minor.” To further this MOU, KAIST and the Patent Court of Korea will continue to expand their cooperation into the adjacent scientific community, Daedeok Innopolis.
Man-Gi Paik Appointed as New President of KAIST Alumni Association
The KAIST Alumni Association selected Man-Gi Paik, a patent lawyer at the prestigious law firm of Kim & Chang in Korea, as its 22nd president. President Paik will hold the post from January 2014 to December 2015. After receiving a Masters of Science in Electrical Engineering at KAIST in 1976, President Paik attended the Wharton School of the University of Pennsylvania in the United States and obtained a Masters of Business Administration. He served as the president of the Korean Association of Intellectual Property Service and a board member of KAIST. He is currently an adjunct professor at the Graduate School of Intellectual Property, KAIST. President Paik said, “I’m honored to lead the KAIST alumni and look forward to creating many opportunities to work for the development of our alma mater.”
President of WIPA Sang-Hui Lee and SK Hynix Awarded the 2013 Intellectual Property Award
The ceremony for the 3rd Intellectual Property Award was held at the KAIST campus in Seoul on November 2nd. The award is given annually to Korean practitioners in intellectual property. This year’s recipients were Sang-Hui Lee, the president of the World Intellectual Property Association of Korean Practitioners (WIPA) and the SK Hynix Patent Group which successfully defended a long-lasting claim against a patent specialist corporation. The Intellectual Property Award (IP Award) is presented in recognition to Korean individuals or groups that contributed to national competitiveness through creation, application, or proceedings of intellectual property, as well as to building the foundation for the protection of patents, intellectual properties, and trademarks. President Lee successfully hosted the Global Intellectual Property Summit in Seoul, which was held in October 2012. He was a crucial force behind the foundation of WIPA in May of this year and was also elected as the first president for the organization. Recently, President Lee has been at the forefront of job creation through the efficient use of intellectual property and the creative discovery of venture endeavors. President Lee said, “The unique characteristic of a knowledge-based society lies in the collaboration network of people and knowledge property, startups based on intellectual property, and decentralized development.” He added, “Just as Finland adopted a policy to build venture companies in utilization of intellectual properties and encouraged the decentralized growth throughout the nation after the collapse of Nokia, Korea must adapt to meet the changing requirements of the knowledge-intensive era.” The SK Hynix Patent Group, another recipient for the Intellectual Property Award, won the lawsuit, dragged on for 13 years, against the Rambus, an American patent specialized corporation. The group initially lost the first trial in the federal court of California, but through relentless research and efforts, they won the case in the appeals court. The IP Award was co-hosted by the Korea Patent Attorney Association, the Korea Intellectual Property and Service Association, and KAIST.
2012 Intellectual Property Rights Award Ceremony Held
The 2012 Intellectual Property Rights Award Ceremony was held at Seoul KAIST Campus. Recipients of the award included former congressmen Kim Young Sun and Lee Jeong Hyuk, and Kim Boo Kyung researcher at Electronics and Telecommunications Research Institute also representing Vooz Ltd. that created the character POOCA. The Intellectual Property Rights Award is given to an individual or a group that succeeded in utilizing, protecting, creating, and establishment of its foundation including patent, copyright, and brand. Intellectual Property Rights is viewed as of importance for future national competitiveness. The Award is organized by the Korea Patent Attorneys Association, the Korea Association of Intellectual Property Services, and KAIST and are respectively core institutions in the training of Intellectual Property Rights Experts and the creation, utilization, and the protection of intellectual property. In addition the Award is also co-organized by the KAIST Graduate School of Intellectual Property Rights (established in cooperation with KAIST and the Korean Intellectual Property Office) and the total 20 million Won of prize money is funded by Korea Institute of Intellectual Strategy and Kim Ok Lan Foundation. The Award Ceremony was held with a special lecture by the recipients. It was stressed that the evaluation process was carried out with that the decision is a silent message to the society and is also a type of market signal. Director Ko Gi Seok (Presidential Council on Intellectual Property) revealed that the candidates’ impact on the strength of national intellectual property rights was thoroughly scrutinized. In the criteria of Creation of Intellectual Property, ETRI received the award in recognition of the institution’s successful patenting and commercializing of products of Korean R&D. ETRI created a total of 251 International Patents in cooperation with ITU, ISO, IEE, etc. and also participated in a total of 9 International Standard Patent Pool, showing its active Intellectual Property management. Such efforts ranked ETRI 1st in the United States Patent Evaluation performed by the US Patent Board in 2011 out of 237 institutions. In addition Recipient of the Intellectual Property Utilization criteria, VOOZ ltd.’s Kim Boo Kyung promised the free use of their character POOCA in ETRI’s automated Korean-English translator. Researcher Kim Boo Kyung was rewarded with the award in recognition of his contribution to the domestic economy and realization of the commercialization of a copy right through licensing. Former congressman Kim Young Son received an Award in the Foundation criteria in recognition of his efforts in the establishment of the Presidential Council on Intellectual Property and the Basic Blueprints for the Intellectual Property Law. Former congressman Lee Jeong Hyuk received the same award in recognition of standardization and streamlining Intellectual Property Rights Policies. His realization and pursuit of the establishment of a balanced growth based on law for the competitiveness of businesses was the driving force behind his accomplishments.
KAIST signs strategic partnership with Global Techlink
On April 5th, KAIST signed an official strategic partnership with Global Techlink (GTL), an IP total service company that specializes in international patents and the technology trade, regarding the commercialization of technology (Tech-biz) at KAIST’s Munji Campus. Through this partnership, KAIST hopes to systematically manage not only patents and related technologies developed by the KAIST faculty, but also industrial developments based on business models. Until now, KAIST has concentrated on using its own human resources to transfer its patents and technologies to domestic companies. However, this agreement with GTL allows KAIST to target overseas tech-biz markets. GTL has agreed to help create, protect and strengthen patent rights stemming from KAIST’s research projects and ideas, as well as provide a unified management service extending from selling and licensing patents to venture incubation. KAIST’s vice-president of research, Professor Paik Kyung-Wook said that “We should protect patents developed by talented students and use them in the market to generate profit, but the fact of the matter is that universities do not have the necessary man power or know-how to do so”. He emphasized that this partnership with GTL will accelerate the global commercialization of technological assets developed by KAIST professors, students and researchers. Mr. Kim Jong-hyun, the president of Global Techlink, announced that GTL will provide KAIST’s outstanding intellectual property with a customized total consulting service based on the world’s largest and best technology database, which it monopolizes, and various other services. Also, using its network with global corporations and distributors, the veteran marketing specialists at GTL will support and carry out KAIST’s tech-biz, although the specifics are still being worked out.
KAIST placed the 5th in top 50 global universities for international patent applications
New York Times released an article, dated March 19, 2012, on the statistics of international patent applications filed by global universities during 2011, and with 103 applications published, KAIST was listed the fifth among the top 50 universities, right behind four US universities: University of California (277), the Massachusetts Institute of Technology (179), the University of Texas System (127), and Johns Hopkins University (111). A total of seven Korean universities including KAIST made the top 50 list. For the article, please check the link below: New York Times, March 19, 2012 “U.S. Universities Retain Lead in Patent Applications” By Christopher F. Schuetze http://www.nytimes.com/2012/03/19/world/asia/us-universities-retain-lead-in-patent-applications.html In addition, for the press release by the World Intellectual Property Organization, the UN agency responsible for the Patent Cooperation Treaty, on international patent filings in 2011, please click the following link: “International Patent Filings Set new Record in 2011” http://www.wipo.int/pressroom/en/articles/2012/article_0001.html
Professor Kim Seung Woo and Professor Ko Kyu Young Receive the 7th Gyeong Am Scholar Awards.
Professors Kim Seung Woo and Ko Kyu Young of KAIST were named the winners for the 7th Gyeong Am Scholar Awards. The award winners are: Professor Ko Kyu Young of KAIST in the Biological Sciences category, Professor Kim Seung Woo of KAIST in the Engineering category, Professor Kim Young Shik of Seoul National University and Professor Kil Hui Seoung of Sogang University in the Humanities category, and Professor Hong Byoung Hee of Seoul National University in the Natural Sciences category. In the Liberal Arts category leader of Universal Ballet Company Moon Hoon Sook was chosen, and the Special Achievement Award was given to Historian Dr. Park Myoung Sun. Professor Ko discovered that it is Angionpoietin-1 that induces the growth of new blood vessels and thus made a significant contribution to the field of blood vessel formation, immune mechanism, and causes of cancer spread. Professor Kim developed a mini extreme ultra violet laser light source using the resonance principles of plasmon and made a great contribution in the acquiring of core technologies and its industrial commercialization in the field of super precise optical instruments. Gyeong Am Education and Culture Foundation was founded by the Chairman of Tae Yang Group, Song Geum Jo who had donated his entire fortune amounting to 100billion Korean Won to society by creating a public foundation aimed at encouraging advancements in learning, training of experts, and cultural developments for the betterment of Korea. The Gyeong Am Scholar Awards was established in 2005 and recognizes those scholars and artists who are making significant contributions in the frontlines of society. The awards ceremony is to be held at Busan on the 4th of November, three thirty in the afternoon and the winner of each category is to receive 100mil Korean Won in prize money with a commemorative plaque.
KAIST Tops Patent List Among Domestic Universities, Chosun Ilbo, July 5, 2011
According to the Korean Intellectual Property Office, KAIST took the first place among the universities in Korea registering patents from 2006 to 2010. For the article from Chosun Ilbo, please go to the below link: http://english.chosun.com/site/data/html_dir/2011/07/05/2011070500743.html
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