Patent Office Holds '2020 Support Project Briefings' in Seoul, Gwangju, and Busan

Provided by the Korean Intellectual Property Office

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Korean Intellectual Property Office (KIPO) will hold sessions to introduce the support projects it is promoting this year in the field of intellectual property in three cities nationwide to demand organizations.

KIPO announced on the 5th that it will hold the "2020 KIPO Support Projects Joint Briefing Session" from the 8th to the 17th of this month at the Korea Science and Technology Center in Seoul (8th), Gwangju Innobiz Center in Gwangju (15th), and Busan Chamber of Commerce and Industry in Busan (17th).

The briefing session will be organized with the participation of the Korea Patent Strategy Development Institute, Korea Invention Promotion Association, Korea Intellectual Property Protection Agency, and Korea Technology Finance Corporation to explain successful cases and support procedures of KIPO support projects to domestic small and venture companies, universities, and public research institutions.

At the event, 10 projects in the areas of intellectual property creation (5), protection (2), and utilization (3) will be introduced.

First, in intellectual property creation, projects such as the "Intellectual Property Creation Support Project," which supports overseas patent application costs, the "Intellectual Property (IP) Stepping Stone Project," which turns creative ideas of prospective entrepreneurs into patent business items, the "Patent-based Research and Development Strategy Support Project (IP-R&D)," which suggests optimal R&D directions by analyzing global patents from the early stages of R&D to secure excellent patents in gap areas, and the "Idea Transaction Environment Creation Project," which enables consumers and companies to safely trade ideas, will be introduced.

In addition, in intellectual property protection, the "Overseas Intellectual Property Rights Protection Enhancement Project," which prevents intellectual property disputes for companies entering overseas markets in advance, and the "Domestic Intellectual Property Rights Protection Enhancement Project," including trade secret protection and the Public Interest Patent Attorney Consultation Center, will be explained. In the intellectual property utilization sector, projects such as the "Strategic Commercialization Support Project for Patent Technology," which supports patent valuation to help raise commercialization funds based on excellent patents, the "Patent Mutual Aid Project," which efficiently prepares for financial risks related to intellectual property such as patent litigation, and the "Employee Invention Activation Project," which encourages employees' motivation for invention and continuous R&D investment by employers, will be introduced.

Further detailed information about the briefing session can be found on the KIPO website.

Kim Ki-beom, Planning and Coordination Officer at KIPO, said, "For our small and venture companies to create new jobs and grow continuously, it is most important to secure and protect strong intellectual property rights," adding, "We hope that the small and venture companies participating in the briefing session will have an opportunity to lay the foundation for a leap forward, such as pioneering overseas markets."

This content was produced with the assistance of AI translation services.