Ulsan National Institute of Science and Technology (UNIST) announced on the 9th that it has developed the country's first artificial intelligence (AI)-based intellectual property management system. The system automatically analyzes technology transfer contracts and extracts key information, utilizing its own large language model (LLM) technology to quickly read and categorize PDF documents.
Previously, it required a large workforce to review contracts individually, which took weeks and had a high potential for errors. To address this, the UNIST technology valuation team and the information strategy team created a web-based management system in December of last year, applying AI technology to it in August of this year.
The new system automatically reads and analyzes PDF documents, identifying contract types, durations, parties, and expense payers, while learning contract patterns to improve accuracy. As a result, it can analyze dozens of contracts in just 5 minutes.
Cha Su-mi, head of the technology valuation team, noted, "Thanks to AI, we can now focus on strategic tasks rather than simple tasks," adding that, "the accuracy and consistency of contract analysis have greatly improved."
In fact, the data processing and contract review period has decreased from 4 weeks per semester to just 1 day, with the number of responsible personnel reduced from 5 to 1. There were no expenses incurred from introducing external solutions. Repetitive administrative tasks have decreased, and reliability has been secured through standardized processes.
Based on this achievement, UNIST plans to expand the scope of technology application to create an AI campus and collaborate with other institutions to spread a new model for university patent management.
Kim Jae-jun, head of the Academic Information Office, said, "This is a representative case of business innovation achieved through our own technological capability," and added, "It can be expanded to research management, academic administration, and facility management in the future."
President Park Jong-rae said, "This system is the first achievement in building an AI campus," and stated, "We will use AI as a key tool to unlock creativity and nurture insightful talent."