Technology Licensing Procedure
Types of Technology Licensing
Definition of Technology Licensing
Technology Licensing refers to the act of providing full execution rights to or acceding all rights due to the request of the inventor of the technology (intangible products such as patent rights, program, know-how etc.), request of a corporation with demand for the technology, or TLO marketing.
▶ Receiving expert consultation on information or technology from professors or researchers within a short time on such issues a faulty production lines or corporate organization reshuffling etc.
▶ Faculty of Seoul National University must sign any consulting contract through the school before providing a corporation with consulting services, and the consulting contract must include consulting period, consulting method, compensation for consultation, owner ship of intellectual property arising during the consultation process
▶ Also called "Academic-Industrial Cooperation Research," refers to cases where the corporation provides the research expenses and requests the university to develop the necessary technology
▶ Seoul National University uses a standard research agreement which regulates the various issues that may arise during the process of joint research (such as ownership of intellectual property, indemnity of warrantee etc.); therefore any joint research agreements should reflect the standard research agreement as much as possible.
(TIP) As there may be argument regarding intellectual property ownership of an outstanding technology developed during the course of joint research articles regarding intellectual property within the research agreement must be reviewed beforehand by the Intellectual Property Management Headquarters.
Types of Technology Licensing
|·Technology (patent) Transfer
- Transferring the ownership rights of a technology to a corporation
- As argument may arise in case further research is necessary, to be used only in special cases
·Exclusive implementation rights (or Exclusive implementation rights)
- Authorizing only a certain corporation to use the technology (or patent)
- More than half of all technology transfer contracts include exclusive implementation right
·General implementation rights
- Authorizing several corporation use the technology (or patent)
- Used for technological licensing for areas such as where there are several corporations with demand for the technology
(TIP) Although corporations prefer to receive exclusive implementation rights which enables exclusive use of the technology, universities are careful to prevent cases where the corporation does not make actual use of the technology rights, in which case there are no tangible benefits, through adjusting the payment method for technology or other agreement clauses.
Subjects for Technology Transfer
Industry Property Rights
Patent, practical idea, design
Material synthesis process, measurement method
Genetic information, strains, special chemical material created in the laboratory transferred through Material Transfer Agreement
Procedure of Technology Transfer
Person-in-charge: Expert of each field
|1||Kim Soo-yeon||Electricity and Electronics:
College of Engineering (electricity, information engineering, computers, industrial engineering), College of Natural Sciences (mathematical sciences)
College of Engineering (aircraft machinery, construction and environment, architecture, ship-building and maritime), College of Natural Sciences (physics, astrology), Environmental Sciences
(Wednesdays) College of Medicine, College of Dentistry, College of Nursing, (Thursdays) College of Engineering (chemical and biological engineering), College of Veterinary Medicine, Graduate school of Public Health
|4||Kim Soo-yeon||Material engineering
College of Engineering (Material engineering, energy resources engineering, nuclear engineering)
College of Natural Sciences (chemistry, bio-sciences, cognitive sciences, bio-physics, chemical biology), College of Agriculture and Life Sciences, College of Pharmacy, College of Human Ecology
Required documents: Request for signing of technology transfer contract (Download)
▶ Technology owned by the university with commercial potential or patents with the potential for building a patent portfolio are permanently announced
▶ See PCT applications of SNU(Download)
Distribution of Royalty Revenue
In case of technology fee income due to a technology licensing contract arises, a significant amount of the technology fee is allocated to the inventor in accordance with government project regulations and the 「Seoul National University Intellectual Property Management Regulations」
Distribution method of royalty revenue
Based on: Article 3-4 of the 「Seoul National University royalty allocation guidelines」 (Download)
|Distribution method of royalty revenue|
|~20 million KRW||20 million KRW ~100 million KRW||100 million KRW ~500 million KRW||500 million KRW ~(applicable after1/1/2014)||Remarks|
|inventor||University(SNU R&DB Foundation||inventor||University(SNU R&DB Foundation)||inventor||University(SNU R&DB Foundation)||inventor||University(SNU R&DB Foundation)|
|Patent rights||100%||0%||80%||20%||70%||30%||50%||50%||Expense for applying intellectual property rights and expenses related to technology transfer to be excluded|
(TIP) Royalty to be allocated according the implementation of results of government project (patent, know-how etc.)
▶ Government ministries, such as the Ministry of Education, Science and Technology, the Ministry of Knowledge Economy etc. provide regulations for terms of technology transfer, royalty allocation etc. for each project, and although the exact amount differs, in general more than 50% of the total amount must be allocated to the inventor, and the rest of the amount is to be allocated by the university as technology transfer fees (incentives) or for university funds, and in some cases part of the amount is to be re-invested in research activities.
Example) In case of a project by the Ministry of Knowledge Economy, in case the recently revised regulations are applied, 50% is for the inventor, 10% is for incentives for technology transfer, 28% is for research expenses, 12% is allocated to the university
▶ In case of a project in which the allocation ratio has not been specified, 50% will be allocated to the inventor first, and the patent application fees and technology transfer incentives funded by the university will be deducted from the remaining amount, of which 2/5 will be additional allocated to the inventor (for use as research funds), and 3/5 will be allocated to the university, in accordance with the 「Seoul National University Intellectual Property Management Regulations」and guidelines