KIPO’s Policies on IP Marketplace

1. KIPO’s Policies on IP Marketplace Choongjae Lee Intellectual Property Promotion Division KIPO (Korean Intellectual Property Office)

2. Contents • Overview of KIPO’s IP Policies 2. Background of IP Marketplace in Korea 3. KIPO’s Policies on IP Transfer and Commercialization 4. Future Plans of KIPO

3. Introduction of KIPO • Management of patents, utility models, trademarks, and designs • Affairs of Patent Examination & Trial, Creation, Use and Protection of IPRs • Staff of about 1,500

4. IP Creation IP Awareness IP Utilization IP Protection Overview of KIPO’s IP Policies

5. Overview of KIPO’s IP Policies

6. KIPO’s budget for IP Policy of 2012(Total222 billion KRW)

7. KIPO’s Budget for IP Policy of 2012(Total222 billion KRW)

8. Structure of IP Marketplace IP Marketplace IP Suppliers Transfer Intermediaries IP Demanders IP Evaluation IP Finance

9. Status of Korea’s IP Marketplace • Number of Technology Transfer Intermediaries in 2011: 59(public: 22, private: 37) • Number of IP Evaluation Institutes in 2011: 9 • Estimated No. of technology transfers through the intermediaries in 2010: About 1,000 • Estimated amounts of transfer through the intermediaries in 2010: 40 billion KRW

10. Background for IP Marketplace in Korea • The rate of technology transfer from public research institutes. • It is low compared to the USA, and EU. * USA 26.4%, EU 33.5%, Canada 36.0% in 2010 * Ministry of Knowledge Economy

11. Background for IP Marketplace in Korea • Only a minority of patented technologies are commercialized. • In 2010, 56.5% of patents were commercialized in companies. • 30.3% of patents were commercialized in universities and public research institute. (2010, Korea Institute of Intellectual Property)

12. Background for IP Marketplace in Korea • SMEs’ obstacle against commercialization of IP (2010, Korea Institute of Intellectual Property)

13. Process of IP Transfer & Commercialization Licensing Manufacture of prototype IP-Mart Consulting Management of IP Examination Registration IP Evaluation KIPO

14. Operation of IP-Mart • Online IP-Mart • Online IP-Mart promotes the transfer of IP by connecting suppliers with demanders. • Anybody can search online for a desired technology in the website containing a database of 57,000 patents.

15. Operation of Online IP-Mart

16. Establishment of the IP Evaluation System • Automatic Evaluation System: “SMART” (Systematic Measuring And Rating patent of Technology) • Developed from Jun 2009 to Dec 2010 • Developing cost: 1.8 billion KRW • Show the evaluation results by 9 grades • ex) AAA, AA, A, BBB, BB, …, C • For technology, IP right and market

17. Establishment of the IP Evaluation System • Sample of evaluation report

18. Support for Manufacture of Prototype • Support for making a prototype of a patent

19. Promotion of the Use of the State-owned Patents • Government-owned patents that have been idle for 3 years following registration may be used by anyone. • For 3 years without charge • KIPO will entrust government-owned patents to private IP transfer intermediaries for transfer and commercialization.

20. Future Plans • Framework Act on Intellectual Property (May 19, 2011) • To promote IP creation, protection and utilization, and to provide infrastructure thereof • Start of Presidential Council on Intellectual Property (July, 2011) • Providing total services for transfer, commercialization and marketing • Demander-oriented customized services • Fostering the IP Services Business