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The Study on Innovation Hub for Biomaterial Research and Business Development in Korea

Heekyung An and Kangwon Lee
Korea Institute of Industrial Technology/Daegu, Republic of Korea

Abstract—Korean bio-industry has come to bear the additional burden due to the new Nagoya Protocol on access to genetic resources and benefit sharing (ABS). The need to develop materials and products using domestic natural bio-resource are increasingly highlighted in Korea. Therefore Korea urgently needs to arrange to assist for localization of alternative sources as core material in alignment with the Nagoya Protocol and help expand the biotechnology industry. The study has been implemented to arrange ‘Innovation Hub for Biomaterial Research and Business Development (IHBRBD)’ which has the potential to support for Small and Medium sized Enterprises (SMEs) manufacturing biomaterial and bio-products. This paper investigates four main questions; (1) Is there any government policy and research institutes related to IHBRBD?; (2) Where can we obtain natural bio-resource in Korea?; (3) What is trend of biotechnology research and development?; (4) What do SMEs want to IHBRBD? The analysis of government policy and research institutes related to IHBRBD was conducted through literature search. The main area providing bio-resource was searched through the data provided by Statistics Korea. The trends of biotechnology research and development were analyzed through 108 papers of NDSL and patent during 1992 to 2013. The SMEs’ demand for IHBRBD was surveyed from 32 companies that wished to develop and produce functional materials made of natural products as raw materials. Our results from the investigation of four questions show that the main role of IHBRBD is to support SMEs through 13 processes from excavation of useful material to development and commercialization of new products.

Index Terms—nagoya protocol, biomaterial, biotechnology, innovation hub, commercialization, bioconversion technology

Cite: Heekyung An and Kangwon Lee, "The Study on Innovation Hub for Biomaterial Research and Business Development in Korea," Journal of Industrial and Intelligent Information, Vol. 4, No. 3, pp. 218-223, May 2016. doi: 10.18178/jiii.4.3.218-223
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