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…