The mission of Technology Transfer Center (TTC) is to support and encourage the dissemination of technology related intellectual property of KRIBB and carry out research for further development and commercial exploitation. TTC is responsible for the identification and protection of technological assets. Once these technologies are protected effectively, marketing initiatives are used to facilitate their adoption and commercial uptake. Dissemination is mainly carried out after licensing. The terms and conditions of the licensing agreements are adapted on a case-by-case basis, depending on the specific situation of the licensee, maturity of the technology, and expected markets.
In specific cases, if the technology of research project has business potential, the TTC also supports the creation of a start-up. To support biotechnological innovation in Korea, TTC also analyzes and valuates external intellectual property, to support the creation of start-up or technology transfer. TTC also conducts the technological evaluation of new biotech companies on the KOSDAQ list.
Main Function
Intellectual property management: Building strong patent portfolio
