Aekyung Certified as an 'Outstanding Company for Employee Invention Compensation' for the Second Consecutive Year

[Asia Economy Reporter Moon Hyewon] Aekyung Industrial announced on the 29th that it has been certified as an ‘Outstanding Company for Employee Invention Compensation’ by the Korean Intellectual Property Office. This is the second consecutive certification since the first one in 2019.

The Outstanding Company for Employee Invention Compensation certification system selects and certifies companies that exemplary provide support and compensation for inventions developed by employees during their job performance. Certified companies can receive preferential additional points when participating in government-supported projects for two years, and enjoy benefits such as priority examination and reduced registration fees for patent, utility model, and design applications.

Aekyung Industrial encourages active invention activities by employees and strengthens individual expertise by providing invention compensation payments for each category including patent, utility model, and design applications and registrations. Additionally, the company strives to promote intellectual property through hosting academic conferences for new technology development and knowledge sharing, operating an internal R&D university to enhance the expertise of new researchers, and offering frequent consultations on inventions.

Under this system, Aekyung Industrial has secured rights including 234 patent applications and 116 registrations, 158 design applications and 126 registrations, and 1,141 trademark applications and 871 registrations over the past 10 years.

An Aekyung Industrial official stated, “The employee invention system has fostered a voluntary research and development atmosphere among employees,” and added, “Expanding such compensation programs will help strengthen independent technology research and develop differentiated products.”

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