Ewha University-Industry Collaboration Foundation winning the “KIPO Commissioner Award”
- Date2024.03.29
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On March 21st (Thursday), the Ewha University-Industry Collaboration Foundation (Director: Lee Jun-sung) was selected as an outstanding institution in the field of “Public Research Institutions IP Creation and Utilization” at the “Sharing Outcomes and Conference of the 2024 Strategic Commercialization Support Project for Intellectual Property”, sponsored by the Korean Intellectual Property Office (KIPO) and Korea Intellectual Property Strategy Agency (KISTA).
(From the left) Bae Young-sim, Responsible Specialist at the KIST(Korea Institute of Science and Technology), Kang Yoon-seok, Manager of the Idea Economy Innovation Team at the Industrial Property Policy Division of the KIPO, Lee Jun-sung, Director of Ewha University-Industry Collaboration Foundation
The Ewha University-Industry Collaboration Foundation, selected for “2022 Korean Intellectual Property Office’s IP Reinvestment Support Project”, is conducting the third-year project. This project aims to commercialize and activate promising IP secured by universities and establish a cyclical environment for universities, by supporting the advancement and commercialization of promising patented technologies. Also, it reinvests profits gained from technology transfer and affiliated startups to further commercialize business items and technologies.
Through the 2023 “IP Profit Reinvestment Support Project”, the ETM Division (Director: Song Hyun-eui) of the Ewha University-Industry Collaboration Foundation won the prize by achieving various outcomes in technology commercialization, including 1) the first-ever standard patent in EWHA history, 2) major technology transfers between the universities, 3) attracting investment and creating jobs by technology startups, 4) reception of significant milestone technology royalties through post-transfer management.
Director Lee emphasized that both enhancing the quality of owned patents and assessing institutions’ IP management are important for institutions to achieve the goal of technology commercialization. He added, “We will spare no efforts into establishing an independent environment for universities in terms of technology commercialization, by actively completing the third-year project, reinvesting some of the revenue.”