A study on prior art for patenting a technology is of great importance, in many respects. 1) It is a standard to judge the registrability of invention, and from that we can determine how to prepare the configuration of claims and patent document. 2) It provides evidence to judge chances of invalidation of registered patent…
Under the circumstances of export manufacturing-oriented industrial structure of Korea, products are planned, putting export above domestic consumption at the first place. This makes indispensable to secure patents and trademarks overseas in order to prohibit imitation and advancing to markets of third parties. If you are preparing a new product brand scheduled to be exported…
Consider, at the first place. In Republic of Korea, the industrial structure is organized mainly focusing on export manufacturing. It is reported that manufacturing accounts for 30% of GDP, ranking 1st in the OECD countries and 5th in the world. A statistical report 2015 reveals that manufacturing export accounts for 86.8% of Korea’s total exports. In…
Why do you want a patent? In response to this question, 90 % of people reply ‘ in order to protect their technologies and ideas.’ 10% of the rest of people reply, however, ‘ Because, it is required in real business itself.’ The original purpose of patent right is to protect and promote technological invention. However,…
Patent, design and trademark rights convert intangible ideas into tangible assets. Registered patents or trademarks can be transferred/commercialized as a type of property right, and can be utilized as security loans. On top of this, patents or trademarks serve as a company’s asset factors of great importance in terms of corporate value. However, its transfer price,…
We would be greatly glad if all patents or trademarks were registered. According to the Korean Patent Office, however, it is reported that only about 60% and 80% of patent applications and trademark applications respectively are registered. Besides, almost most of the patent applications are notified of the reason for rejection, over more than a…
In today’s era, new technologies rarely emerge from nowhere. Often, projects are halted due to fears of patent infringement, even after months of development, concept building, and planning, only to find that the new product is similar to already patented ones. A Patent FTO (Freedom to Operate) study involves checking whether a technology can be…
When a Patent is Necessary The registration system of Intellectual Property (IP) was introduced to prevent and protect originally created technologies, designs, or trademarks from being used by others. In other words, patents are meant to protect innovations. However, in the real world, many small and medium-sized companies seek patents simply because they feel they…