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==Research== Seven KAIST Institutes (KIs) have been set up: the KI for the BioCentury, the KI for Information Technology Convergence, the KI for the Design of Complex Systems, the KI for Entertainment Engineering, the KI for the NanoCentury, the KI for Eco-Energy, and the KI for Urban Space and Systems. Each KI is operated as an independent research center at the level of a college, receiving support in terms of finance and facilities. In terms of ownership of intellectual property rights, KAIST holds 2,694 domestic patents and 723 international patents so far.<ref>[http://www.kaist.edu/edu.html KAIST Institute (KI)]</ref> === Electric vehicles === Researchers at KAIST have developed the [[Online Electric Vehicle]] (OLEV), a technique of powering vehicles through cables underneath the surface of the road via [[non-contact magnetic charging]] (a power source is placed underneath the road surface and power is wirelessly picked up on the vehicle itself). In July 2009 the researchers successfully supplied up to 60% power to a bus over a gap of {{convert|12|cm|in|1|abbr=on}} from a power line embedded in the ground using power supply and pick up technology developed in-house.<ref>{{cite web|url=http://www.gizmag.com/kaist-olev-electric-vehicle/12557/|title=Korean electric vehicle solution|website=www.gizmag.com|date=20 August 2009 }}</ref>
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