Daejeon City Accelerates 'Daejeon Relocation' of Korea Patent Strategy Development Institute

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The relocation of the Korea Patent Strategy Development Institute to Daejeon is set to begin in earnest.

On the 29th, Daejeon City announced that it signed a business agreement regarding the ‘Relocation of the Korea Patent Strategy Development Institute to Daejeon’ with the Korea Patent Strategy Development Institute, Dong-gu, and Jung-gu.

The agreement includes that the Korea Patent Strategy Development Institute will first relocate more than 20% of the target employees to Jung-gu by September this year, and all remaining personnel will be relocated to the Daejeon Station area complex transfer center by 2027.

Additionally, the city plans to support securing relocation (occupancy) space for the Korea Patent Strategy Development Institute and assist relocated employees in settling within the region.

To this end, the city, Dong-gu, and Jung-gu will provide administrative support such as securing leased office space for the Korea Patent Strategy Development Institute and handling permits related to the construction of the new office building.

The agreement parties also decided to form and operate a working-level council to effectively carry out the cooperation areas stipulated in the agreement.

The city expects that once the Korea Patent Strategy Development Institute relocates to the region, it will connect with the Daejeon-based Patent Office, Patent Tribunal, Korea Intellectual Property Information Service, and Patent Information Promotion Center, helping Daejeon grow into a high-level knowledge industry city.

Furthermore, the city anticipates that the relocation of the Korea Patent Strategy Development Institute to Daejeon will have a positive impact on attracting other public institutions under the Patent Office in the future.

Currently, the Korea Patent Strategy Development Institute is located in the Korea Intellectual Property Center building in Gangnam-gu, Seoul, where the Korea Invention Promotion Association, Korea Intellectual Property Protection Agency, and Korea Intellectual Property Research Institute are also situated.

Mayor Lee Jang-woo of Daejeon said, “If the Patent Strategy Development Institute relocates to Daejeon, efficient collaboration with related institutions such as the Patent Office will become possible, which will lead to strengthened research and development competitiveness in the intellectual property field in the Daejeon area. The city will work closely with the four institutions to ensure that Daejeon becomes a true mecca of patent knowledge industry.”

Meanwhile, the Korea Patent Strategy Development Institute was established in 2012. The relocation to Daejeon was decided after an explanatory meeting for employees in May last year, and became concrete with the designation and resolution of the relocation public institution by the National Balanced Development Committee on October 13, and the designation by the Ministry of Land, Infrastructure and Transport on October 27. Currently, the Korea Patent Strategy Development Institute operates with 3 headquarters, 2 offices, 16 teams, and 3 centers, employing 274 staff members.

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