Minister of Justice Park Beom-gye: "Legal Support and Education for Startups Are Important... Technology Theft Must Be Strictly Punished"

[Image source=Yonhap News]

[Asia Economy Reporter Kim Hyung-min] Park Beom-gye, Minister of Justice, visited 'Maru180,' a startup support space, and held a meeting with startup stakeholders, expressing the importance of support and education for startup companies. He also shared his view that crimes involving 'technology theft' between companies must be strictly punished.

On the 2nd, at a meeting titled 'Ask Startups, Listen to Startups,' Minister Park emphasized the importance of legal support and legal education for startup companies.

Minister Park listened attentively to the legal difficulties faced by startups from the attending startup stakeholders and discussed legal support for startups together with the participants, seeking opinions on which areas the Ministry of Justice should focus on when promoting policies.

He said, "Corporate culture needs to change," adding, "For example, the Hannover Industrial Fair in Germany provides tremendous support to startups. It is a collaboration between large corporations and small and medium-sized enterprises." He continued, "The Ministry of Justice also has many support programs. We need to help startups grow for the next 10 or 20 years."

Regarding technology theft crimes, he stated, "It seems that frontline agencies still do not regard this as a serious crime. The level of punishment is also not high," indicating the need to improve the awareness and response methods of investigative agencies.

Additionally, Minister Park urged startups, which inevitably require external expert assistance due to the absence of legal teams, to actively utilize the Ministry of Justice's '9988 SME Legal Support Group' and 'Overseas Expansion SME Legal Advisory Group.' He pledged to faithfully prepare and provide various legal information, including step-by-step legal education tailored to startup legal officers, as well as various legal forms, guidelines, and commentaries for startups in the founding and early stages.

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