A Legal Study on Establishment of Technology Holding Company by Governmental Institutions
- A Legal Study on Establishment of Technology Holding Company by Governmental Institutions
- 기술지주회사; 신기술창업전문회사; 지식재산관리회사; 기술사업화
- Issue Date
- VOL 5, NO 2, 55-80
- In recent years, the government has been experiencing economic
growth due to its investment in science and technology and
entrepreneurial ideals. It has become necessary to aim for technology
commercialization of research and development outcomes.
The best way to establish a technology holding company and its
subsidiaries begins with innovative ideas. A technology holding
company utilizes intellectual property and its principle responsibility is
to sell a technology as a patent, copyright, or license.
Under the current law, government research institutes, except
universities and research institutes located in Daedeok Special Research
and Development Zone, may not establish a technology holding
There are two existing Acts regarding technology holding
companies. Act 1 is effective until July 2010.
(1) THE PROMOTION OF INDUSTRIAL EDUCATION AND
(2) SPECIAL MEASURES FOR THE PROMOTION OF
All government research institutes may make partial amendments
according to THE TECHNOLOGY DEVELOPMENT PROMOTION
ACT. The National Assembly approved this new Act on April 2010 and
takes effect on July 1, 2010.
This thesis is a comparative study on individual regulations and a review on Acts from various perspectives with the goal improve the
regulation issues regarding technology holding companies.
This paper also proposes to enact reasonable and applicable
provisions regarding technology holding companies established by a
government research institute.
Survival in today’s fast-paced business environment requires
knowledge of how to conduct technology commercialization. High
potential for utilization of a technology, high possibility for its success
in the industry, and strong government policy towards its research is
what attracts large sums of research grant income.
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