InnoBiz Association Holds Intellectual Property Meeting Inviting Kim Wanki, Commissioner of the Korean Intellectual Property Office

Discussion on Current Issues Including Protection of Overseas Intellectual Property

The Innobiz Association announced on the 11th that it held a knowledge property meeting with Innobiz entrepreneurs, inviting Kim Wanki, Commissioner of the Korean Intellectual Property Office, at the association's meeting room in Pangyo, Gyeonggi Province.

The meeting was organized to directly hear the voices of Innobiz companies pioneering the global market based on innovative technologies and to discuss ways to activate overseas expansion through regulatory improvements and securing differentiated competitiveness. The meeting was attended by six Innobiz entrepreneurs, including Jeong Gwangcheon, President of the Innobiz Association, and five government officials, including Kim Wanki, Commissioner of the Korean Intellectual Property Office.

The Innobiz Association announced on the 11th that it held an Innobiz Entrepreneurs Intellectual Property Meeting with Kim Wanki, Commissioner of the Korean Intellectual Property Office, at the Gyeonggi Pangyo Association conference room. Provided by the Innobiz Association

The main discussion topics included ▲support for global research and development (R&D) and overseas expansion ▲strengthening overseas intellectual property protection ▲expansion of IP finance and evaluation support for funding ▲simplification of procedures and processing periods for designation of excellent procurement products, along with proposals for on-site regulatory improvements and measures to strengthen the global competitiveness of Innobiz companies.

Since signing a business agreement in June 2022, both parties have established a cooperative system to spread intellectual property management. The association is the only small and medium enterprise cooperative organization designated by the Korean Intellectual Property Office as an 'evaluation institution for inventions, etc.,' actively promoting funding for innovative companies and revitalizing intellectual property finance.

Jeong Gwangcheon, President of the Innobiz Association, stated, "As global technology competition intensifies recently, the importance of global R&D is increasing even more. Since the export of intellectual property rights by R&D-based Innobiz companies can be a strategic alternative to bypass tariff barriers originating from the United States, we will closely cooperate with the Korean Intellectual Property Office."