Government and industry experts gather to discuss IP finance policy direction and global trends in support of productive finance
Government officials and financial industry experts have come together to discuss pressing issues in intellectual property finance and gather input on future policy directions.
The Intellectual Property Office and the Financial Services Commission are jointly hosting the 8th Intellectual Property Finance Forum on Thursday at the Sapphire Ballroom of The Grand Lotte Seoul in Jung-gu, Seoul.
Held under the theme "The Era of Productive Finance: A New Leap for IP Finance," the forum will bring together about 170 participants, including Intellectual Property Office Deputy Commissioner Jeong Yeon-woo, along with representatives from banks, investment institutions, guarantee agencies, patent valuation bodies and companies with an interest in IP finance.
Held annually since the inaugural forum in 2019, this year's event focuses on reexamining the role of IP finance amid a broader shift toward productive finance, while also examining overseas trends and case studies in the field.
The Intellectual Property Office will deliver a keynote address on "The Role of IP Finance in Expanding Productive Finance," outlining the office's policy direction. Expert presentations will follow on topics including strategies for advancing banks' technology analysis and sales capabilities in the wake of the productive finance transition, and the use of IP finance and valuation to drive regional innovation and growth.
International experts will also present on global IP finance issues and the World Intellectual Property Organization's policies to promote IP finance, trends in IP monetization by US non-practicing entities and their implications for the IP finance and investment market, and methodologies and case studies in IP valuation for damages purposes.
The Financial Services Commission will continue to work closely with the Intellectual Property Office to strengthen the role of productive finance — channeling capital toward innovative companies and advanced industries — and to ensure that the technology and intellectual property accumulated by Korean companies can serve as a growth engine for both businesses and the nation.
"IP finance is a prime example of productive finance, supplying capital across every stage of a company's growth — from early-stage development and scale-up through to pre-listing investment," Deputy Commissioner Jeong said. "We will continue to deepen cooperation with the Financial Services Commission and the broader financial sector to build an IP finance ecosystem where the true value of intellectual property is properly assessed and translated into funding."
kwonhl@heraldcorp.com
