Quick Patent Registration Draws Praise

By Cho Jin-seo

South Korea has established the fastest patent registration system in the world, and firms say they are benefiting from it.

According to the Korea Intellectual Property Office (KIPO), it takes less than nine months on average for a technology patent to be filed, examined and registered. The same procedure takes 10 months in Germany, 21 months in the United States and 26 months in Japan.

Samsung Electronics, the largest firm in South Korea, said that the shortened processing time would prevent technology infringement by foreign competitors, mostly in China.


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