Technology Transfer From Universities Jumps

Colleges and universities transferred 591 patents and technologies to private companies in 2005, up 118 percent from 259 in 2004, the Ministry of Education and Human Resources Development said.
They earned 6.32 billion won ($6.65 million) in royalties from the technology and patent transfers last year, up 98 percent from 3.18 billion won in 2004.

Seoul National University earned 1.5 billion won in royalties from the transfer of 54 technologies, the largest amount among domestic colleges and universities, followed by Korea University with 743 million won from 140 transfers and Yonsei University with 740 million won from 33 transfers.

10-30-2006