Patent Dispute Risk Alert System 'Advancement'... "Focus on Minimizing Dispute Damage"
The ‘Patent Dispute Risk Alert System’ has been advanced with a focus on minimizing dispute damages for export companies. This system helps companies recognize overseas patent dispute risks in advance to prevent and prepare for disputes.
The Korean Intellectual Property Office and the Korea Intellectual Property Protection Agency announced on the 20th that they have recently upgraded and newly launched the enhanced Patent Dispute Risk Alert System.
The system, which was launched in March, completed its reorganization based on improvements gathered from company meetings.
The main improvements include providing customized dispute risk analysis services for each company, expanding the target countries from the United States to both the United States and Germany, and diversifying information provision such as patents held and dispute histories of companies of interest.
After the upgrade, it was found that about 1,000 company officials access and utilize the system daily.
System users can now identify newly added features such as ‘Patents Involved in Disputes’ and ‘Overseas NPE (Non-Practicing Entities) and Competitor Patent Dispute Trends.’
In particular, the ‘Overseas NPE and Competitor Patent Dispute Trends’ feature is useful as it allows domestic companies to understand the patents held by overseas companies by technology field and the expiration information by year. Additionally, providing dispute histories in a timeline format enables intuitive use by companies, which is a strength of the Patent Dispute Risk Alert System.
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Kim Yong-seon, President of the Korea Intellectual Property Protection Agency, said, “To prevent patent disputes overseas, it is important to regularly monitor global trends,” adding, “The Korea Intellectual Property Protection Agency will build a one-stop dispute information infrastructure to minimize patent dispute risks for domestic export companies.”
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