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Distinguished guests,
I would like to welcome all of you to The 8th International Intellectual Property Right and
Industrial Security Conference organized by Financial News. I would like to express my
gratitude to senator Yoo Dong-Soo, Commissioner of the Korean Intellectual Property
Office Seong Yun-Mo, Chairman of Presidental Council on Intellectual Property Koo Ja-Yeol,
President of Korea Patent Attorneys Association Oh Se-Joong, and the president of KAITS
Park Hee-Jae for attending this event.
We are entering the era of the fourth industrial revolution led by scientific technology such
as artificial intelligence, internet of things, big data, and block-chain. These technologies are
the essential element for social and economic change and are leading changes in people’s
lives as a growth engine for social and economic change. South Korea is the fifth biggest
country to invest in the technology development following the United States, China, Japan,
and Germany, investing about 70 trillion won. This is more than 4.2% of GDP and is
competing the top with Israel in the world ranking.
What is more important than the technological development is to protect and utilize our
intellectual rights. In fact, the intellectual rights are the foundation of the national
competitiveness and the growth engine of the economic development. The importance of
protecting intellectual property rights is growing as the cost of technological development
increases and the technological change cycle shortens. Financial News has been putting
its utmost effort to remind the importance of protecting intellectual property rights and its
development.
I hope this event serves an opportunity for companies and associated institutions to
understand the global trend of intellectual properties and industrial security and to find
new solutions.
Thank you.
Kim, Joo Hyun
President & CEO,
The Financial News