Commercialization of ‘Knowledge Asset and Technology’ Possessed by University!

• August 11, 2015, pr
• Korea Technology Finance Corporation and Shinhan Bank agrees to provide technical evaluation, guarantee and financial consulting support

  Signed MOU with global technology transfer consulting institute

  Expected to accelerate overseas technical marketing and commercialization

  [July 20, 2015]
   
  
  <YU signs work MOU for financial support with KIBO and Shinhan Bank.>
   
   YU (President Noh Seok-kyun) is pushing forward with transferring the intellectual properties and outstanding technologies possessed by the university to companies, while also accelerating technological commercialization.

   

   On the 9th, the YU Industry Academic Cooperation Team (Director Park Jin-ho) signed a three-way work MOU with the Korea Technology Finance Corporation Daegu Office (Director Kwak Young-cheol) and Shinhan Bank Daegu-Gyeongbuk Headquarters (Director Sohn Hyun-taek) to provide support to faculty/student business starters and venture companies and family companies within the Industry Academic Cooperation Team.

   

   With this MOU, KIBO will provide support in ways of technical evaluation and guarantee for faculty and student business starters, and YU family companies, and Shinhan Bank is planning to provide financial consulting to them. Start-ups will receive support by each institute in relation to fund procurement and financial management, and it is thus expected that commercialization of the outstanding technologies possessed by the college will help activate student start-ups.

   

   Prior to this, the YU Industry Academic Cooperation Team signed an MOU with the Steinbeis Technology Innovation Center (CEO Lee Gi-wang) on the 7th. The Steinbeis Foundation is a world acclaimed technology support consulting institute that supports commercialization and enhances economic feasibility by transferring excellent technologies possessed by universities and research centers. It is comprised of over 1,000 centers around the world with a total of upwards of 6,000 experts.
   
  
  <YU signed a work MOU with ‘Steinbeis’, a world-famous technology transfer and commercialization consulting company.>
   
   With the signing of this agreement, the two institutes agreed to cooperate for finding cooperative partners and mediated technological transfers for the commercialization of the intellectual properties and technologies possessed by YU. In particular, through this MOU, YU has teamed up with a world famous technology transfer consulting institute, and it is expected that they will accelerate preemptive overseas technological marketing and commercialization for the outstanding technologies possessed by the university. YU is currently engaging in overseas technology transfer marketing for a number of technologies in the bio fields, and some technologies are already in the process of overseas technological transfers.

   

   YU Industrial Cooperation Team Director (Professor of Chemical Engineering) Park Jin-ho said, “This year, YU was selected for government funded projects, and it is pursuing technology transfer and commercialization such as signing MOUs with specialized institutes in different sectors.” He added, “The paradigm shift focusing on technological commercialization pursued by YU is the start of the creative economy and it will provide the growth engine for the economic development of Korea.”

   

   Meanwhile, YU was selected for the ‘College Creative Asset Commercialization Support Project’ hosted by the Ministry of Education and the National Research Foundation last May. YU made a consortium with Kyungpook National University and was ranked in the Daegu-Gangwon region for the industry-academic cooperation team innovative project sector, thus received over 2.3 billion won to pursue technology transfer and commercialization projects for three years.
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