KIPO Leads Innovation in Key Industries like Semiconductors and 5G Using Patent Big Data

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Korean Intellectual Property Office (KIPO) plans to lead the establishment of innovation strategies in key industrial sectors based on patent big data analysis.

On the 9th, KIPO announced that through the National Patent Big Data, it will lead industrial innovation this year in key sectors such as semiconductors, 5th generation communication (5G), bioenergy, petrochemicals, advanced processes in steel and cement industries, and carbon-neutral fields like electric vehicles.

The National Patent Big Data Center was established and inaugurated in June last year by KIPO and the Ministry of Trade, Industry and Energy to objectively and scientifically analyze patent big data of domestic key industries, set research and development investment directions from a patent perspective, and enhance national industrial competitiveness.

The National Patent Big Data Center is currently formulating industrial innovation strategies in 10 sectors including displays and artificial intelligence, and the promising technologies and R&D investment strategies derived from these are provided to government ministries, R&D specialized institutions, and companies to be utilized in discovering new R&D projects.

In particular, this year, KIPO plans to pilot and operate a patent big data analysis platform that integrates the latest big data analysis techniques and artificial intelligence (AI) technology to timely identify promising technologies through patent big data analysis.

Patent big data refers to approximately 480 million pieces of information encompassing R&D trends of global companies and research institutes, as well as industrial and market trends.

KIPO believes this can be a useful tool to diagnose and predict the competitiveness and investment directions of nations and companies, and to derive our own R&D directions and market strategies.

In this regard, KIPO plans to expand patent big data analysis through the National Patent Big Data Center to 35 fields by 2024, including new industries such as AI and social issues closely related to public life like COVID-19, to discover promising technologies and establish and provide R&D investment directions.

Lee Junho, Head of Patent Big Data at KIPO, said, “The promising technologies by industry derived from the National Patent Big Data Center will be utilized by R&D-related ministries and institutions to discover future growth engines.”

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