The government of South Korea is ready to support university innovation, launching several initiatives and passing deregulation.

Ten years ago, the government of South Korea changed the law to allow universities to have technology holding companies to commercialise the university’s technology and research, and to facilitate the formation of spinouts.

In 2008, Seoul National University, Hanyang University and Samyook University launched their holding companies – modelling them on Oxford University Innovation, University of Oxford’s tech transfer office, and SRI International, a non-profit research institute spun out of Stanford University. As of the end of 2016, there were…