Kibo Expands Technology Transfer Demand Discovery with Korean Patent Attorneys Association
Activation of Technology Transactions for SMEs through Collaboration with Intellectual Property Experts
On the 9th, the Korea Technology Finance Corporation announced that it signed a "Technology Transaction Supporters Business Agreement to Expand Technology Transfer Demand Discovery and Revitalize the Technology Transaction Market" with the Korean Patent Attorneys Association.
This agreement was prepared to expand the discovery of technology transaction demand for small and medium-sized enterprises (SMEs) through collaboration between the two organizations via the Technology Transaction Supporters system. It is the sixth supporters business agreement following agreements with the Korea Business Incubation Association and Korea Evaluation Data in February, NICE Credit Information and the Korea Technology Innovation Association for SMEs in March, and the Small and Medium Business Corporation in April.
Through this agreement, the two organizations agreed to mutually cooperate on ▲promotion and encouragement of participation to activate the supporters system ▲promotion of revitalizing the technology transaction market by strengthening technology transfer demand discovery ▲establishment of a technology transaction cooperation system and sharing of technology transaction and commercialization information.
Patent attorneys belonging to the Patent Attorneys Association selected as supporters recommend the technology demands of SMEs discovered at their work contact points to the Korea Technology Finance Corporation, which then conducts technology brokerage for the recommended cases and pays rewards to the supporters if a technology transfer contract is successfully concluded.
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Kim Jong-ho, Chairman of the Korea Technology Finance Corporation, stated, “It is necessary to actively utilize the expertise and network of supporters to support open innovation of technology for more SMEs through the technology transaction and commercialization support infrastructure possessed by the Korea Technology Finance Corporation.” He added, “Going forward, the Korea Technology Finance Corporation will continue to lead the revitalization of the SME-centered technology transaction market through continuous collaboration with related organizations and supporters.”
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