Gyeongcheong Foundation Presents Appreciation Plaques to Lawmakers Supporting SMEs Affected by Technology Theft

Byung-Deok Min and Jae-Bong Song Selected as Award Recipients

Gyeongcheong, a public interest foundation dedicated to restoring the rights of small and medium-sized enterprises (SMEs), announced on March 26 that it held a ceremony to present appreciation plaques to members of the National Assembly who have led efforts to resolve disputes on behalf of SMEs affected by technology theft.

The appreciation plaque ceremony, which has been held since 2023, aims to express gratitude to lawmakers who have worked tirelessly for SMEs during disputes over technology misappropriation with large corporations. Each year, lawmakers who have promoted win-win cooperation with large corporations involved in disputes and successfully led resolutions for the benefit of technology theft victims are selected as awardees. This year, Byung-Deok Min, a lawmaker of the Democratic Party of Korea and a member of the National Policy Committee, and Jae-Bong Song, a lawmaker of the same party and a member of the Trade, Industry, Energy, SMEs, and Startups Committee, were selected as recipients.

At the plaque presentation ceremony held on the 26th in the 7th Conference Room of the National Assembly Members' Office Building, Executive Director Jae-Kyung Kim of SevenBrew (from the left), Attorney Hyun-Kyung Lee of Gyeongcheong, Attorney Hee-Kyung Park, CEO Sung-Ho Jung of SJ Enotech, CEO Kang-Sam Kim of SevenBrew, Assemblyman Jae-Bong Song, Assemblyman Byung-Deok Min, Chairman Tae-Kwan Jang of Gyeongcheong, and Attorney Mahoon of Pyeongho Law Firm are posing for a commemorative photo. Gyeongcheong

Lawmaker Byung-Deok Min was recognized for directly mediating the legal dispute between the SME SJ Innotech and Hanwha, leading the parties to a mutually beneficial agreement. Lawmaker Jae-Bong Song was acknowledged for his wide-ranging efforts to reach an amicable settlement through the SME Technology Dispute Mediation process in the craft beer recipe technology theft dispute between Sevenbrau and Daehan Flour Mills.

Until now, SMEs facing technology theft disputes with large corporations had no recourse other than legal action. The problem is that even after investing significant time and resources to win such cases, SMEs have still found it difficult to recover their losses. Industry insiders emphasize the need to establish a voluntary foundation for win-win cooperation, allowing large corporations and SMEs to seek solutions without resorting to legal battles.

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