Korea Technology Finance Corporation (KOTEC) Busan headquarters. /Courtesy of Korea Technology Finance Corporation (KOTEC)

Korea Technology Finance Corporation (KOTEC) said on the 6th that it has filed a patent for the technology of "artificial intelligence (AI)-based technology innovation information," which provides customized technology information based on corporations' owned technologies, and that it will use this as a springboard to ramp up efforts to pursue the credit information business.

The patent filing was pursued to secure rights to core technologies such as an AI-based technology classification algorithm and technology innovation information generation, and to provide differentiated credit information services based on corporations' technology data.

The filed technology uses AI to analyze about 1.35 million patent data held by domestic corporations, automatically classifies them according to the National Science and Technology Standard Classification System, and, based on this, systematically provides technology innovation information linked to the patents held by corporations.

The technology innovation information consists of ▲ excellent technology (patent) information ▲ status of competing corporations ▲ patent status by corporation size ▲ latest R&D trends ▲ government R&D project announcement information, and it will be provided by technology field, which is expected to improve the accessibility and utilization of technology information by small and medium-sized venture corporations.

Korea Technology Finance Corporation (KOTEC) also plans to provide a customized analysis report that integrates "Tech Index," which evaluates corporations' innovation-driven growth capabilities, and credit, financial, and activity information. The report is expected to support corporations' decision-making in the technology development planning stage—such as technology development and business strategy establishment, discovery of new items, and competitor analysis—and to be used by investors and financial institutions for investment decisions and risk management.

Korea Technology Finance Corporation (KOTEC) plans to begin fully providing technology innovation information in December this year, in step with the advancement of the AI-based open platform "Technology Evaluation Integrated Platform (K-TOP)." Before that, in May, it will first release a function that informs the technology classification of patents by leveraging the technology innovation information databases.

Korea Technology Finance Corporation (KOTEC) Chairman Kim Jong-ho said, "Through this patent-filed technology, we expect to move beyond traditional analyses centered on credit and financial information to provide customized technology information that corporations need," and added, "KOTEC will continue to use AI-based technology and data analysis capabilities to expand services that provide practical help to small and medium-sized venture corporations and related institutions."

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