Lowering Barriers for Startups and SMEs to Utilize Technology,
Sharing R&D Achievements

Busan Port Authority (BPA, President Song Sangkeun) will operate the Busan Port Intellectual Property (IP) Matching Camp on a regular basis, allowing aspiring entrepreneurs and small and medium-sized enterprises (SMEs) in the shipping, port, and logistics sectors to more easily utilize the 46 patents it holds.


The initiative aims to broadly open up BPA's accumulated port technology R&D achievements to the private sector, thereby enhancing industrial competitiveness and promoting the commercialization of technology.


Since its establishment, BPA has secured patents in various fields through research and development for port construction and operational efficiency, including port construction technology, cargo handling equipment improvement, logistics flow optimization and transport equipment development, logistics platforms, as well as design and trademarks. In particular, after registering its first patent in 2016 for the "Regenerative Power Discharge Device and Method," which safely processes regenerative power generated from port cargo handling equipment to stabilize generator operation, BPA’s total number of patents reached 46 as of December this year.


This matching camp is a program designed to help SMEs and startups, which often face challenges due to development costs or high entry barriers, discover new business opportunities based on BPA’s patents. If necessary, participants can have one-on-one consultations with the departments that hold and manage the patents, receiving detailed guidance on developer advice, technology transfer, licensing, and technology commercialization strategies.


The list of available patents and applications for matching can be found on the BPA website under "Citizen Communication - Notices - News & Announcements."


Song Sangkeun, President of Busan Port Authority, stated, "We will actively share Busan Port’s R&D achievements with startups and SMEs to jointly enhance the competitiveness of the industrial ecosystem," adding, "We will continue to expand collaborative models where the public and private sectors coexist and grow together."



BPA was recognized for its consistent support of SME technology development and received the Minister’s Award from the Ministry of SMEs and Startups on November 13, 2025, as a distinguished institution in the '2025 Purchase-Linked & Win-Win Cooperation R&D Project.'

BPA operates the Busan Port IP Matching Camp on a regular basis.

BPA operates the Busan Port IP Matching Camp on a regular basis.

View original image


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing