According to MK news in S.
Korea, Ministry of Science, ITC, and Future Planning (MSIP) is planning public
IP holding company. The main purpose of the public IP holding company is to
exploit IPRs and technologies of 25 R&D institutes funded from the central
government. MISP plans to invest initial fund for commercialization.
S. Korea’s national R&D
budget was around $17 billion in 2012, of which more than 60% was spent by the
public R&D institutes. MSIP’s plan for public IP holding company is a part
of initiatives of newly started Park’s government for the
sustainable economic growth of S. Korea.
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