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Industry LiaisonINSTITUTE OF TECHNOLOGY VALUE CREATION

Investment Companies

Rules concerning investment companies : Established and operated based on Rules on Management of Contribution and Research Institute Companies

Investment company

  • A company in which KAIST has secured an ownership stake of of at least 10% for contributions such as technology, know-how, contribution in kind and cash
  • A KAIST research institute company registered in accordance with the Special Act On Promotion Of Special Research And Development Zones
  • A company established based on contributions by the KAIST Development Foundation

Subsidiary company

  • A public institution that holds 50% or more of shares by itself or jointly with two or more institutions, or holds 30% or more and has effective control of the board of directors Source : Guidelines for Management and Innovation of Public Enterprises and Quasi-Governmental Institutions
  • Prior consultation with the supervising ministry is required if establishing an institute that holds effective control

Research institute company

  • An investment company whose capital has exceeded a certain percentage of KAIST shares as specified in the Special Act on the Promotion of Daedeok Innopolis, Etc.(lowered from 20% to 10% or more / amended in June 2021)
01 Identification of demand

Intellectual Property & Tech-Transfer Center/ Industrial Liaison Center, institutions specializing in commercialization, researchers

02 Meetings with companies

nderstanding the company's status, analyzing business ideas, conditions for establishing a research institute company, brand usage restrictions, exit plans, contract termination conditions, etc.

03 Inventor interviews

Mutual discussions about technology to be invested in

04 Confirmation of technology to be invested in

Mutual discussions about technology to be invested in

05 Writing of business plan

Respective companies

06 Submission of technology valuation request

Professor → Pre-screening by Startup KAIST →
Intellectual Property & Tech-Transfer Center / Industrial Liaison Center

07 Deliberations by Technology Commercialization Committee

Presentation of company’s business plan

08 Technology valuation

Utilization of Innopolis headquarters and Commercializations Promotion Agency for R&D Outcomes

09 Technology transfer agreement conclusion

10 Technology investment

11 Application for registration as research institute company

Korea Innovation Foundation

12 Establishment of investment company (research institute company)

Approval by KAIST (Ministry of Science and ICT)