Monday, January 8 2024   \  Published by AAA IP Right .

Korea’s Patent Agency Aims for Global Expansion in Intellectual Properties

Korea’s Patent Agency Aims for Global Expansion in Intellectual Properties

The Korean Intellectual Property Office (KIPO) is intensifying its efforts to play a leading role in the global intellectual property landscape by expanding strategic partnerships worldwide. This initiative comes as South Korea experiences a growing number of patented properties globally and an increased presence in the international intellectual property (IP) market.

South Korea has achieved the fourth position in the number of International Patent Cooperation Treaty applications, a system allowing a single patent application filed with the World Intellectual Property Organization to have the same impact as applying in multiple countries.

To further its global expansion, KIPO Commissioner Lee Insil participated in the 64th WIPO General Assembly in July, aiming to strengthen partnerships with patent agencies globally. During the event in Geneva, Switzerland, Lee engaged in bilateral meetings with 12 international patent offices and signed individual memorandums of understanding with Australia, Saudi Arabia, and Sweden. Read more

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