Introduction to Technology Licensing Work
Definition of Technology Transfer
According to Article 2 of the TECHNOLOGY TRANSFER AND COMMERCIALIZATION PROMOTION ACT, technology transfer is defined as the transfer of technology “from its holder (including a person who has a right to dispose of the technology) to another person through assignment, grant of a license, technical guidance, joint research, joint venture, merger and acquisition, etc.”
Technology Transfer Process
Development of Excellent Technologies
Strategic Projects (Gwangju Metropolitan City, Special Zones, Etc.)
Company Matching
LINC+ Family Companies
Companies in Startup Incubation Center
Technology Trading Organizations
Connection with Technology Transfer Projects
Technology Transfer and Commercialization Projects
Small and Medium Enterprise Technology Transfer Development Project
Contract Conditions
Technology fee: Calculated by considering the amount of the research fee put into the development of the technology, the scope of the right to usage, contract period, and other factors
Advance fee: Paid at the early stage of the contract
Running fee: A portion of the sales generated by the technology (e.g., 2% of the total sales)
Minimum and maximum fee: Setting of the minimum and maximum limits
Scope of the Right to Usage
Standard: Nonexclusive right to use; allows for separate commercial activities with third parties
Exclusive: Exclusive right to use; use of technology prohibited for all, including the patent holder
Transfer of IPR: Transfer of technology ownership