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http://dx.doi.org/10.5392/JKCA.2015.15.10.597

Analysis and Improvement Directions of Technology Holding Company : A Case Study of ETRI Holdings  

Lee, Hyun-Keun (경상대학교 산업시스템공학부)
Han, Kwan Hee (경상대학교 산업시스템공학부/공학연구원)
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Abstract
Technology is one of important factors to start-up. Researchers or engineers have led to make start-up, and research based company is one type of technology-based start-up. Technology holding company has made to encourage start-up and support research based company. Research based company was introduced in 2005 according to the Korean related law. In 2014, the number of technology holding companies of university is up to 39, but technology holding company of research institute is only one called ETRI Holdings. ETRI Holdings is a technology holding company to promote technology commercialization that established by ETRI in 2010. This study analysed the financial statements of ETRI Holdings for 5 years, and grasped the status of ETRI Holdings and 15 invested companies, research based companies. According to analysis ETRI Holdings played a role as technology holding company that invested in research based company, but had no virtual circle model until now. Also improvement directions for the management of technology holding company is suggested in this paper based on the analysis of financial statement.
Keywords
Research based Company; Technology Holding Company; ETRI Holdings;
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