• Title/Summary/Keyword: University spin-off

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The Technology Licensing Office as Factor of Success for Spin-off: Case Study of a Research Lab Startup of Korea

  • Ham, Hyeong-Uk;Ko, Chang-Ryong
    • Asian Journal of Innovation and Policy
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    • v.5 no.2
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    • pp.129-145
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    • 2016
  • This is a case study to analyze the role of technology licensing or transfer office (TLO) as factors of success for the spin-off from government research lab. The case company is a research lab startup, which is a joint venture through technology investment by a government research lab or university in the designated R&D parks and cash investment by the partner company. The case company listed on the stock market in 2015 reaching a market capitalization of US$ 1.2 billion. We confirm the success factors of startups pointed out in many studies: original technology, good understanding of core technology and production technology, technological competitiveness in the market. However, there is an important factor not well discussed in the previous studies, the role of TLO. TLO guided the company ownership, management, technology, and solved problems that pause business itself. The case became the sample of research lab startup and technology investment in Korea.

How Do Research Capabilities and Financial Resources Affect Professors' Entrepreneurship?: Using the Speed of University Spin-off Formations (교수의 연구역량과 연구비 수혜가 대학스핀오프 기업 형성 속도에 미치는 영향)

  • Cho, Sul-Ah;Kang, Ki-H.;Kang, Jin-A
    • Journal of Technology Innovation
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    • v.19 no.2
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    • pp.99-128
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    • 2011
  • University-to-industry technology transfer has become an increasingly important issue in recent years. Studies on technology transfer and commercialization evolved to diverse knowledge transfer channels. Among them, university spin-off is not only known as the most direct and tangible method but also suitable for effectively transferring tacit knowledge. Much of the studies on university spin-offs are mostly focused on macro-level but studies using the individual professors as their unit of analysis need better understanding as well. This paper investigates why the speed of university spin-off formations differ among individual professors drawing on the resource-based view. Utilizing data of 149 professors in 25 universities who formed spin-offs, Cox regression results suggest that professors' technological research capabilities, academic research capabilities and financial resources promote university spin-off formations.

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The Fabrication and Magnetoresistance of Nanometer-sized Spin Device Driven by Current Perpendicular to the Plane (수직전류 인가형 나노 스핀소자의 제조 및 자기저항 특성)

  • Chun, M.G.;Lee, H.J.;Jeung, W.Y.;Kim, K.Y.;Kim, C.G.
    • Journal of the Korean Magnetics Society
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    • v.15 no.2
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    • pp.61-66
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    • 2005
  • In order to make submicron cell for spin-injection device, lift-off method using Pt stencil and wet etching was chosen. This approach allows batch fabrication of stencil substrate with electron-beam lithography. It simplifies the process between magnetic film stack deposition and final device testing, thus enabling rapid turnaround in sample fabrication. Submicron junctions with size of $200nm{\times}300nm$ and $500nm{\times}500nm$ 500 nm and pseudo spin valve structure of $CoFe(30{\AA})/Cu(100{\AA})/CoFe(120{\AA}$) was deposited into the nanojunctions. MR ratio was 0.8 and $1.1{\%}$, respectively and spin transfer effect was confirmed with critical current of $7.65{\times}10^7A/cm^2$.

Analysis of Cutting Fluid Atomization and Environmental Impact through Spin-Off Mechanism in Turning Operation for Environmentally Conscious Machining (I)

  • Joon Hwang;Chung, Eui-Sik
    • International Journal of Precision Engineering and Manufacturing
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    • v.4 no.1
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    • pp.49-55
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    • 2003
  • This paper presents the experimental results to verify the environmental consciousness with economic balances due to cutting fluid behaviors and effectiveness in machining process. The cutting fluid improves the productivity through cooling, lubricating effects, however its environmental impact also increases according to the cutting fluid usage. The primary mechanism in this study is the spin-of motion of cutting fluids away from the rotating workpiece. In this study some machining parameters are adopted to analyze the productivity as well as environmental impact. This study provides the criteria for the resonable cutting fluid usage quantitatively to develop the environmentally conscious machining process.

Entrepreneurial Orientation of Technology Spin-offs Created by University Faculties and Institute Researchers in Korea

  • Seo, Haeng-A;Han, Jung-Wha;Cho, Nam-Jae
    • Journal of Digital Convergence
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    • v.7 no.1
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    • pp.157-164
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    • 2009
  • This research focuses on entrepreneurial orientation(EO) of technology spin-offs as they are expected to reduce the gap between their technology and the market. Entrepreneurial orientation is an organizational activity or process that redistributes or combines resources in an innovative way and takes risk to create new values. It helps improve the level of organizational innovation to deal with uncertainty. An empirical study was performed to analyze the EO of spin-offs established by members of university faculties and research institutes in Korea. Antecedent variables to EO are hypothesized to include public policy for university faculty members and researchers at research institutes, the relationship with incubating organizations, and the level of social networking with other firms. The EO and technological performance relationships are also hypothesized. Data from a total of 121 spin-off organizations were collected and a series of multiple regressions were performed. The performance variable included both technological performance, such as the number of newly marketed products and new technology and subjective performance, such as the level of satisfaction with sales amount and profitability. Several important conclusions were drawn from this study. First, while government policy is not related to EO, the policy of a university or a research institute has a significant effect on the level of innovativeness. Second, a high percentage of human resources applied at the incubating organization results in a negative effect on risk taking. The level of cooperation with the incubating organization too is not related to Entrepreneurial Orientation. Third, the intensity of cooperative networking with other firms has a significant effect on risk-taking. Network relationship with government related organizations is not related to Entrepreneurial Orientation. This study analyzes the importance and role of policy of the university and research institute and networking with other firms to improve EO. It also suggests that a high composition of human resources at the incubating organization has a negative relationship with EO.

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A Study on Development of Test Methodology and Test of No Spin Differential for Off-road Vehicle (야지 차량용 No Spin Differential의 평가방안 개발 및 시험평가에 관한 연구)

  • Pyoun Youngshik;Jang Youngdo;Park Jeonghyeon;Cho Inho;Lee Youngchun
    • Transactions of the Korean Society of Automotive Engineers
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    • v.13 no.4
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    • pp.32-38
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    • 2005
  • Two No Spin Differential(NSD) models were benchmarked for a project of Dual-Use Technology The Axiomatic approach was utilized to evaluate two models and to derive an evolutionary design from the evaluated results. Test methodology is developed and used to evaluate the mobility, steerability, durability and noise of the newly developed sample. The test results of NSD sample on the test methodology are very positive regarding functional performances.

Magnetoresistive and Pinning Direction Behaviors of Synthetic Spin Valves with Different Pinning Layer Thickness

  • Cho, Ho-Gun;Kim, Young-Keun;Lee, Seong-Rae
    • Journal of Magnetics
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    • v.7 no.4
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    • pp.147-150
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    • 2002
  • The pinning direction, the spin flop behaviors and the magnetoresistive properties in top synthetic spin valve structure [NiFe/CoFe/Cu/CoFe (t$_{p2}$)/Ru/CoFe (t$_{p1}$)/IrMn] were investigated. The magnetoresistive and pinning characteristics of synthetic spin valves strongly depended on the differences in the two pinning layer thickness, ${\Delta}t(=t_{p2}-t_{p1})$. In contrast to the conventional spin valves, the pinning direction (P1) was canted off with respect to the growth field axis with ${\Delta}t$. We found that the canting angle ${\Phi}$ had different values according to the annealing field direction and ${\Delta}t$. When the samples were annealed at above the blocking temperature of IrMn with zero fields, the canted pinned layer could be set along the growth field axis. Because the easy axis which was induced by the growth field during deposition is still active in all ferromagnetic layers except the IrMn at $250{^{\circ}C}$, the pinning direction could be aligned along the growth field axis, even in 0 field annealing.

Electron Spin Resonance Investigation of Fe3+ in Crystalline LiNbO3 Under the Polarized External Radiation

  • Park, Jung-Il;Cheong, Hai-Du
    • Journal of the Korean Magnetic Resonance Society
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    • v.17 no.2
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    • pp.92-97
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    • 2013
  • We study the electron spin resonance line-width (ESRLW) of $Fe^{3+}$ in crystalline $LiNbO_3$ ; the ESRLW is obtained using the projection operator method (POM) developed by Argyres and Sigel. The ESRLW is calculated to be axially symmetric about the c-axis and is analyzed by the spin Hamiltonian with an isotopic g factor at a frequency of 9.5 GHz. The ESRLW increases exponentially as the temperature increases, and the ESRLW is almost constant in the high-temperature region (T>8000 K). This kind of temperature dependence of the ESRLW indicates a motional narrowing of the spectrum when $Fe^{3+}$ ions substitute the $Nb^{5+}$ ions in an off-center position. It is clear from this feature that there are two different regions in the graph of the temperature dependence of the ESRLW.

Formal Specification for Priority Queue Schedulers with Approximate Sorting Algorithm using Spin (Spin을 이용한 근사 정렬된 우선 순위 큐 스케줄러 알고리즘의 명세)

  • Kim, Byoung-Chul;Kim, Tai-Yun
    • Proceedings of the Korea Information Processing Society Conference
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    • 2000.04a
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    • pp.1144-1147
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    • 2000
  • 본 논문에서는 정형 명세 도구인 Spin을 이용한 근사 정렬된 우선 순위 큐 스케줄러 알고리즘에 대한 정형 명세 방법론을 제시하였다. 최근에 제안된 패킷 스케줄링 알고리즘은 우선 순위(마감 순위, 가상 종료 시간, 시간 스템프 등)에 따라 QoS를 지원한다. 그러나 QoS를 지원하기 위한 우선 순위를 유지하는데는 많은 오버 헤드가 요구된다. 따라서 근사된 우선 순위 큐 스케줄러 알고리즘은 낮은 계산상의 오버 헤드를 통해 근사된 우선 순위 큐를 유지함으로서 정확한 우선 순위 큐를 유지하기 위한 오버 헤드와의 trade off를 고려한다. 큐는 주기적으로 회전을 하며 최소한의 포인터 오퍼레이션을 통해 근사된 우선 순위 큐를 유지한다. 이러한 스케줄러 알고리즘의 동작 과정을 정형 기법을 이용하여 패킷 스케줄링상에 기아 현상등이나 데드락 현상등의 발생여부를 검증하는 방법등의 연구가 전무한 상태이다. 정형 명세 도구인 Spin을 이용하여 제안된 알고리즘을 명세하는 방법론을 기술한다.

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Analysis of Cutting Fluid Atomization and Environmental Impact through Spin-Off Mechanism in Turning Operation for Environmentally Conscious Machining(II)

  • Hwang Joan;Hwang Duk-Chul;Chung Eui-Sik
    • International Journal of Precision Engineering and Manufacturing
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    • v.6 no.3
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    • pp.3-7
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    • 2005
  • This paper presents the experimental results to verify the atomization characteristics and environmental impact of cutting fluid. Even though cutting fluid improves the productivity through the cooling and lubricating effects, environmental impact due to cutting fluid usage is also increased on factory shop floor. Cutting fluid's aerosol via atomization process can generate human health risk such as lung cancer and skin diseases. Experimental results show that the generated fine aerosol of which particle size less than 10 micron appears near working zone under typical operation conditions. The aerosol concentration also exceeds NIOSH regulations. This research can be provided as a basis of environmental impact analysis for environmental consciousness.