산자중기위 법안소위, '중기 혁신 촉진법' 등 20건 의결

[Asia Economy Reporter Koo Chae-eun] On the 4th, the National Assembly's Industry, Trade, Energy, Small and Medium Enterprises and Startups Committee held a subcommittee meeting on small and medium enterprises and startups to review 37 bills, including the amendment to the "Act on Promotion of Technology Innovation of Small and Medium Enterprises," and approved a total of 20 bills.

The amendment to the "Act on Promotion of Mutual Growth between Large and Small-Medium Enterprises," approved by the subcommittee, includes ▲specifying prohibited acts of technology misappropriation, ▲mandating written confidentiality agreements when providing technical data, ▲introducing punitive damages in compensation claims, and ▲relaxing the burden of proof on subcontracted companies.

Additionally, the proposed "Act on Fostering and Promoting Innovation of Regional Small and Medium Enterprises" recognizes regional SMEs as a separate policy target and transfers the provisions related to the "fostering and support of regional SMEs" stipulated in the current law to the new act.

Furthermore, the amendment to the "Act on Promotion of Technology Innovation of Small and Medium Enterprises" explicitly states that the Ministry of SMEs and Startups will conduct R&D support projects for regional industrial innovation, thereby strengthening the growth and competitiveness of small and medium enterprises.

With the aim of establishing a systematic nurturing system encompassing the entire non-face-to-face SME and startup ecosystem, the "Act on Fostering Non-Face-to-Face SMEs and Startups," which includes definitions of non-face-to-face SMEs and startups, establishment of a government-wide committee, creation of a nurturing foundation such as financial and fiscal support, and regulatory exemptions, will be further reviewed after holding a public hearing to gather opinions from stakeholders and experts.

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