Koo Ja-yong, chairman of E1, took office on the 19th as the 21st head of the Korea Invention Promotion Association (KIPA).
At the inauguration ceremony held that day at Invention Maru on the 19th floor of the Korea Intellectual Property Center in Yeoksam-dong, Seoul, the new chairman, Koo, said in his inaugural address, "On the front lines of corporations, I have personally experienced how good ideas become new technologies and how that leads to national competitiveness."
Koo added, "In an era of technological hegemony, intellectual property, the result of invention, is a core asset of the nation," and emphasized, "The Korea Invention Promotion Association (KIPA) must become a platform in the intellectual property ecosystem that links invention, intellectual property, and the growth of corporations."
Koo said, "Based on about 47 years of corporate management know-how, I will be a reliable partner so that the association's executives and staff can demonstrate their capabilities," and added, "Let us work together so that the Korea Invention Promotion Association (KIPA) can leap forward as a global central institution leading invention education and the spread of invention culture, and revitalizing startups based on intellectual property."
Founded in 1973, the Korea Invention Promotion Association (KIPA) is a leading public institution specializing in intellectual property that has carried out Korea's invention promotion projects. It implements programs to foster creative talent through invention education in elementary, middle, and high schools; strengthen the intellectual property capabilities of universities and corporations; support the founding and growth of intellectual property-based corporations; and provide intellectual property evaluation and financial support.