Gibo, Support for SW IP Finance Without Copyright Registration

Support for Unregistered Excellent Software

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Kim Jong-ho, hereinafter referred to as Kibo) announced on the 17th that it will expand IP (Intellectual Property) financial support by evaluating the technological value of excellent unregistered software (SW).

Due to the characteristic of SW technology where copyright arises simultaneously with creation, the copyright registration rate is low, placing it in a blind spot for IP financial support based on copyright. To address this issue, Kibo decided to expand IP financial support to include excellent SW technologies not registered under patents or copyrights by reflecting the 'SW Technology Value Securing and Commercialization Support Project' led by the National IT Industry Promotion Agency (NIPA).

Kibo introduced a classification table to categorize SW copyrights when the minimum registration requirements for SW copyright are met and the SW is deemed excellent, providing guarantee support within the evaluated technological value amount. In the future, Kibo plans to strengthen non-financial support such as IP consulting and technology protection strategy support by identifying plans for copyright application and registration.

Based on accumulated technology evaluation capabilities, Kibo introduced IP guarantees in 2006, the first in Korea to evaluate and support technological value, and has supported a total of 3.6 trillion KRW by the end of 2022. Since 2019, it has fully utilized the AI-based Patent Automatic Evaluation System (KPAS) for IP guarantees, leading IP finance by evaluating technological value quickly and at low cost.

In particular, this expansion of support targets intangible SW technologies not registered under patents or copyrights, enabling IP financial support and is expected to help expand the base of IP finance and assist excellent technology companies facing funding difficulties in IP commercialization. Kim Jong-ho, Chairman of Kibo, said, "Taking this expansion of SW technology commercialization support as an opportunity, Kibo plans to further expand IP financial support to new intellectual property fields," adding, "We will continue to actively discover excellent SW technology companies and strive to strengthen digital competitiveness through the creation of an SW-centered ecosystem."

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