Gyeongnam Province Accelerates Industrialization of Developed Patented Technologies and Varieties

Last Year, 64 Million Won Granted for Plant Variety Rights License

Effect of 1-MCP Treatment.

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Saeyan] The Gyeongsangnam-do Agricultural Research and Extension Services announced on the 15th that it will strive to promote industrialization, such as granting non-exclusive licenses, to help increase farm income through the patented technologies and cultivated varieties it has developed.

Industrialization of patented technologies and varieties refers to economic activities such as the sale of agricultural materials and varieties used in agriculture by companies or seedling businesses holding rights through granting non-exclusive licenses or exclusive licenses.

Last year alone, the Agricultural Research and Extension Services granted licenses for 32 varieties for domestic and international distribution, with disposal amounts reaching 64 million KRW.

As a result, the cost savings from strawberry variety royalties last year are estimated at 4 billion KRW, mini paprika at 280 million KRW, and flowers such as roses at 570 million KRW.

Also, the technology for the "1-Methylcyclopropene (1-MCP) synthesis device and synthesis method," patented in 2019, was granted a non-exclusive license to a domestic company for 10 million KRW over six years.

1-MCP, used to maintain the freshness of horticultural crops, was previously an expensive substance costing about 4 million KRW per gram, but by utilizing the patented technology, manufacturing costs can be reduced to about 140,000 KRW per gram, allowing farmers to use it more affordably.

It is estimated that if products are produced using this technology in the future, annual import costs could be reduced by 16 billion KRW.

Jung Jaemin, Director of the Gyeongsangnam-do Agricultural Research and Extension Services, said, "Considering the difficult reality of our agriculture, we will ensure that the exercise of rights for varieties and patents maximally benefits farmers," and added, "We will continue projects that verify excellence through field demonstrations to expand the distribution of developed varieties and patents."

So far, the Gyeongsangnam-do Agricultural Research and Extension Services has completed a total of 323 variety registrations and 38 patent registrations, and in accordance with related laws such as the Plant Variety Protection Act, it is actively exercising rights such as non-exclusive licenses to protect farmers regarding patented technologies and developed varieties.

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