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Application Process (Firm)

Procedure for entering into an industrial-academic contract

Register with project manager (↔ content regarding research compensation and research background is passed on to the project manager) → primary review of contract manager → primary contact with research director → send draft to company → company review → mutual discussion → enter into contract → proceed with project

What is an industrial-academic research contract?

An industrial-academic research contract is a contract for a project where the university and external institution are participating together. General industrial-academic research comprises the external institution providing research funds and the university providing technical skills. Although the university does not provide research funds, it provides with the main technology, so it should be differentiated from general commission or service. Hence, it should be understood as a relationship of mutual cooperation between the two institutions, leading to collaborative results.

Matters to consider when entering into an industrial-academic research contract

1. Compensation for research achievements

When the company earns profit from utilizing research results, such as launching a new product or reducing production costs, the company must compensate the university. All too often, companies argue that compensation for research has been fulfilled through research funds. However, research funds cover the cost of creating research results, and should not be seen as compensation for the researcher.

In the standard contract for Yonsei University UIF collaborative research, regulations regarding compensation for research results are included. It is advisable to negotiate performance compensation with the company before entering into a contract, so please consult the UIF manager before entering into a contract.

2. Possession of intellectual property

It is the basic policy of the Yonsei University UIF to have sole possession of intellectual property according to inventor’s right in Patent Law. Afterwards, Yonsei University UIF licenses or transfers intellectual property to external institutions. However, in certain cases the joint possession of research results by Yonsei University and an external institution is acknowledged.

3. Noninvasive guarantee of third-person intellectual property

This is a clause to guarantee that patents developed from research results do not invade the intellectual property of a third person, and when there are damages to the company through this, the university must compensate for all damages. It is impossible for any individual to predict whether there will be an invasion of a patent. Also, when lawsuits occur, the cost and damages can be astronomical. Therefore, the Yonsei University UIF has formed and complies with a policy not to accommodate such clauses.

4. Possessed technology

Possessed technology refers to technology that is possessed by each party before starting a research contract, or that is irrelevant to the research contract. This technology is irrelevant to the research contract, so if the external institution wants to use the possessed technology of Yonsei University, they must sign a separate technology transfer contract. Once in a while companies will request to use possessed technology of Yonsei University free of charge when signing a research contract. The Yonsei University UIF does not honor such requests, and recommends signing a separate technology transfer contract.

5. Use of the University title

The use of research results or name of Yonsei University for the purpose of advertising, promotion, or other profitable purposes is strictly prohibited. Prior approval must be obtained from the university before the Yonsei University title or emblem is used.

6. Cost for applying for and maintaining intellectual property

In principle, all costs associated with applying for and registering to intellectual property must be covered by the company.

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