The Korean Intellectual Property Office is aiming to keep pace with the ‘Fourth Industrial Revolution’ by employing several measures to boost innovation and examination in this area, as the office’s commissioner Sung Yunmo tells WIPR.
The World Economic Forum defines it as a “fusion of technologies that is blurring the lines between the physical, digital, and biological spheres”. It says the possibilities of billions of people connected by mobile devices, with unprecedented processing power, storage capacity, and access to knowledge, are “unlimited”.
This is the ‘Fourth Industrial Revolution’ (4IR), the fourth major industrial era since the Industrial Revolution of the 18th century.
This new innovative era has clear implications for IP, and to keep pace with the rapidly advancing changes, the Korean Intellectual Property Office (KIPO) has a new master plan for the IP sector. As this “paradigm shift” is such a critical moment, says Sung Yunmo, commissioner for KIPO, the office must keep up with the complex changes and redefine the direction for IP policies.
Korean Intellectual Property Office, Fourth Industrial Revolution, Sung Yunmo, Korean IP