There is a saying that education and Intellectual Property (IP) is the center of the 21st century's information society. In other words, education and IP are national assets and directly contribute to a nation's competitiveness. In today's society, the role of university education has never been more important. To meet the needs, Hanyang University (HYU) has been endeavoring to enhance the quality of education and IP competitiveness. On Oct. 7, Joongang Ilbo, one of the Korea's three main newspapers, published its university rankings for 2013 and the Electronic Times News, the most prominent daily newspaper specializing in information technology in Korea, carried out nationwide evaluation for the university's IP.
In the university rankings of the previous year, HYU's Seoul Campus was ranked in 9th overall along with the ERICA Campus. However, this year's rankings separately evaluated the Seoul Campus and the ERICA Campus. Due to this separation, the Seoul Campus ranked 7th, overtaking Sogang University and Kyunghee University, which are included in the top 10 prestigious universities in Korea. Remarkably, ERICA Campus has ranked the 1st among the campuses that have their main campus in cities outside of Seoul.
In the 2013 rankings for Korean universities published by The Joongang Ilbo, a total of 100 four-year-course universities were reviewed based on the following criteria: faculty research (100 points), education conditions (90 points), social reputation and alumni networks (60 points), and globalization (50 points). The examination was carried out on the basis of total 300 points.
HYU's Seoul Campus, with an outstanding grade, received 38.96 points (ranking 3rd) for globalization, 72.77 points (ranking 6th) for faculty research, and 44.6 points (ranking 6th) for social reputation and alumni networks. Especially for globalization part where universities are evaluated based on their exchange programs with foreign universities abroad, HYU ranked 1st in the number of English courses and ranked 2nd in the percentage of overseas exchange students, proving that HYU exceeded many other Korean universities in meeting the needs of today's global era. In faculty research where the fields of humanities and social science are assessed, HYU scored 2nd place in research funds per professor, 4th in foreign paper citation, and 4th in the income from technology transfer. It is viewed that HYU's endless research has finally reaped fruitful results.
In the education condition criteria where education facilities and student-professor ratio are evaluated, HYU again ranked 1st in the percentage of Open Courseware. Paying attention to the trend of academic materials being released online, free of charge and open for use worldwide especially in the Massachusetts Institute of Technology (MIT), this year's university evaluation included the criteria for Open Courseware. HYU received a favorable evaluation through its independent Open Courseware program (http://hanyangocw.hanyang.ac.kr/class).
The university evaluation of The Joongang Ilbo is expected to have great impact in the upcoming entrance examination of 2014. "With the university rankings of The Joongang Ilbo, HYU will provide greater trust and satisfaction to the many as being the high class university," said Joong-Dae Kook, the chief executive officer in the admission office of the Seoul Campus. "Moreover, students who have earned multiple admissions to different universities will more likely to choose HYU in the end, which will in turn positively affect the ERICA Campus at the same time," added Kook.
The fact that HYU's ERICA Campus was separately evaluated apart from the Seoul Campus symbolized a great breakthrough. Universities that had their branch school ranked separately included Konkuk University's Global Campus, Korea University's Sejong Campus, Dongguk University's Gyeongju Campus, Sangmyung University's Cheonan Campus, and Chung-Ang University's Anseong Campus. Whereas the rest were ranked below 40th, HYU's ERICA Campus took the lead and ranked 12th overall and ranked 1st among the universities that have their main campus in Seoul. ERICA Campus received 35.33 points out of 50 points in globalization, ranking 7th overall. Furthermore, it ranked 1st in the percentage of English courses and 5th in the percentage of overseas exchange students, proving that ERICA Campus is far from lagging behind the Seoul Campus.
The evaluation also included ERICA Campus being the 11th in faculty research and 33rd in educational environment, showing significant gap compared to Seoul Campus. However, ERICA Campus ranked 4th and 5th for the percentage of IPRs registered among professors and percentage of students engaged in field education respectively, which was remarkable compared to the Seoul Campus ranking 14th and 13th respectively.
Although ERICA Campus received favorable reviews, it treated the evaluation by displaying a rather self-critical attitude. "This year's evaluation will somehow change people's devalued views towards ERICA Campus and reveal its accumulated potential inside that has not been recognized fully. It is our honor to have been highly ranked separately from the Seoul Campus; however, it is now our task to maintain and develop this result in the future," said Kwang-min Han, the chief executive officer in the admission office of the ERICA Campus. It is thought that this year's evaluation of The Joongang Ilbo cannot altogether alleviate the devalued recognition towards ERICA Campus that is still lingering to this day.
Students in the ERICA Campus are even more thrilled by the unexpected result in the university evaluation. Among them, Young-bin Kim (Economics, 2nd yr) mentioned, "If ERICA Campus continues to strengthen its merits and overcome its difficulties, the future of our campus will become brighter. Although many students are enjoying the outcome and feeling the pride, I hope ERICA Campus continues steadily towards betterment rather than settling for the present result."
Not only were the universities ranked but each department was also evaluated by The Joongang Ilbo. Targeting 138 four-year-course universities nationwide, 10 humanities and social science departments and 10 science and engineering departments received the evaluation. Dividing the evaluation into three grading classes, The Joongang Ilbo ranked the departments by the following: Excellent (within the top 2.28 percent), Good (from 2.29 to 15.9 percent), and Average (from 16 to 50 percent).
Along with the Department of History being graded as Excellent, eight other departments in the Seoul Campus including the two departments from the ERICA Campus were graded as Good. The Department of History is the only department that has received the highest grade. Jin-a Kang (Professor, History), the Dean of the College of Liberal Arts said, "Since professors were eager to cooperate and carry out international research and to publish papers in the field of history, the Department of History succeeded in receiving the best grade." In addition, Kang said, "In order to continue with the research and get favorable result, the support and attention from the school is crucially needed. Moreover, the attention from the students is also important as well."
The students in the Department of History were particularly excited to hear the news. Jong-min Ryu (History, 4th yr) said, "All the glory can be dedicated to the hardworking professors and students in our department. Since this favorable result was gained despite the fact that Liberal Arts College gets less support from the school compared to the Engineering College, more support will surely bring even better results in the near future."
The Department of Mechanical Engineering, however, did not seem as satisfied with the results as they only received 'Good', an unexpected grade. "The result left much to be desired. The number of professors were lacking along with low research achievements and research funds," said Gun-hee Jang (Professor, Mechanical Engineering). "The school, professors, and students must all set up plans to solve unsatisfactory issues and come up with ways to become the nation's best Department of Mechanical Engineering," added Jang. Jang also requested further support from the school that can become the basis for the department's future path.
The departments that have received the grade 'Good' in the ERICA Campus are the Department of Mechanical Engineering and Department of Chemical Engineering. Although the Department of Mechanical Engineering of ERICA Campus was satisfied by the objective assessment, it was not fully satisfying for the ERICA Campus due to the fact that other departments in the Engineering College failed to get the high grade. Jin-tae Jung (Professor, Mechanical Engineering) said, "There is no luck by chance. In other words, nothing can be earned just by hoping to get good grades. It is now in the hands of the professors and students to make efforts and lead ERICA Campus into a brighter future."
On Sep. 2013, HYU ranked 1st overall in the nationwide evaluation for the university's Intellectual Property (IP). The Electronic Times News, along with Korea Patent Attorneys Association and WIPS, analyzed 57 indexes of IP culture, IP capacity, global competitiveness, and industry contribution, targeting 113 four-year-course universities in Korea that possess more than 10 IP patents. HYU received a total of 678 points out of 900 points, especially getting high grades in IP culture and industry contribution, and was considered as a prestigious IP university. The gap between the scores compared with universities ranked below HYU was prominent enough to draw attention from the public. Korea University scored 618 points ranking 2nd, Pohang University of Science and Technology 590 points ranking 3rd, and Sungkyunkwan University 578 points ranking 4th.
Universities and government personnel have agreed to the fact that previous university evaluations could not be fully utilized in assessing universities' suitability to 'creative economy,' which is an economic policy slogan for the current Korean government, since it has paid less attention to properly evaluating the schools of engineering. In other words, society until now lacked institutions that can evaluate IP properly. However, the new information society in the 21st century now emphasizes the importance of intangible assets, the classic example of an IP. Due to this trend, the necessity for a proper evaluation of IP has been raised among the university society and with this phenomenon, the Electronic Times News attempted to make a change. This year's nationwide evaluation for the university's IP is expected to contribute greatly to nurturing Engineering College and creating IP, which is a key factor emphasized in the creative economy.
The evaluated data added more importance to this year's evaluation by dividing the assessment into four main parts and 57 indexes. HYU ranked 1st overall by getting 177.9 points out of 200 points in IP Culture and 152.7 points out of 250 points in Contribution to Industry which assesses job creation capacity and the ripple effect of the industries. IP culture mainly assesses Educational Environment, University Policies, and University Atmosphere.
Gee-taek Lim, a researcher in the future technology center at the Electronic Times News, has been proceeding with the evaluation. "For eight months we have been gathering and analyzing the collected data. To reflect different views towards IP competitiveness, 30 experts from industries, research institutions, and government agencies set priorities and extracted the important data, along with creating an advisory committee to enhance the accuracy of evaluation," said Lim.
HYU's specialized education towards entrepreneurship had played a pivotal role in enhancing the IP competitiveness. The curriculum regarding IP includes 56 courses, which highly exceeds the average of 2.7 courses in most universities. Through this year's evaluation, HYU's ample number of business subjects has been noted. The curriculum is mainly focused on commercialization. The courses include 'Strategies for ventures', 'Patent and negotiation', and 'Startup tactics using patent information'. Among them, the course 'patent and negotiation' in the ERICA Campus contributed to strengthening competitiveness by creating 20 patents in one semester. This course encourages students from Engineering, Designing, and Marketing departments to form one team and apply for a patent or goal for establishing businesses. A noteworthy feature of the course is that appoints a patent agent as an adjunct professor thereby enhancing the quality of the class.
Moreover, HYU has implemented a project called Convergence, Originality, Patent, Enterprise, also known as COPE. This business is propelled by the ERICA Campus LINC business team in order to create student centered education and realize technology patents through IP education. This business has applied for 20 patents regarding object recognition and selective techniques. On top of that, it is continuing with its efforts towards creation of new technologies and applying for patents by reinforcing industrial-academic cooperation.
To see more information about LINC please read the article below. http://www.hanyang.ac.kr/user/indexSub.action?codyMenuSeq=1814&siteId=hanyangkr2&menuType=T&uId=7&sortChar=AAAA&menuFrame=left&linkUrl=08_01_07.html&mainFrame=right&dum=dum&command=weekly_view&weeklyFile=i&weeklyId=2012-04-3-f%20&weeklyViewType=weekly_file&year=2013&page=14
In 2009, the very first Global Entrepreneurship Center was established in HYU in order to boost curriculums for starting an enterprise. HYU's Global Entrepreneurship Center provides concrete education starting from picking an item to creating a new business along with offering programs for active interactions with an alumni businessman and experts. 'Hanyang Start-up Academy', the representative field experience program that provides education free of charge and deals with: analyzing the propriety of project, capital finance, attraction of investment, HR, and mentoring. Moreover, those who participate in this academy can get a prior chance to receive help from the Entrepreneur Support Center in the Seoul Campus and various benefits when investing in business startup funds. Other than this program, there are 'Biz Plan Competition', 'Entrepreneurs' Forum', and 'Mentorship Program'.
Following the recent trend, the Entrepreneurship Support Centers in both campuses provide basic education for starting a business, mentoring programs, and even an incubator business system. Through this process, support center for foundation has dug out numerous students to become potential entrepreneurs such as Notefolio, n.thing, and Sumneeds.
Hanyang Angel Club is a graduate student community investing in venture businesses with promising technologies. It was created by members in the Hanyang business alumni association. Not only does it engage in investing in startup businesses but also manages Leader's Forum and Investment Academy. During the past year, the community has invested more than a billion dollars in seven startup businesses in school and has been actively doing its job since then.
On Sep. 2008, HYU established HYU Holdings, the first technological company operated by a university in the nation. The purpose of the company was not only to focus on the sales of patents but also to commercialize technology through the technology holding company. Starting from HYU Holdings, HYU has until now invested in 11 of its affiliated companies and currently holds 3500 numbers of technologies in its hands. These results are being considered as a successful model in the business world.
HYU Holdings succeeded in breaking the stereotypical thinking that universities are incompetent in creating new ventures. HYU Holdings has also played a leading role in making a virtuous cycle of investing in university's technology and reinvesting in the education and research sector of that university with the earned profit. Through these efforts, the company has received favorable appraisal for solving the problems of Initial Public Offering (IPO) and Merger and Acquisition (M&A) along with school's financial predicaments.