The Korea Standards Association held the first standard policy research meeting on the 29th to discuss ways to strengthen the standardization capabilities of small and venture corporations and support measures to link standardization with investment.
Industry, academia, and research circles were joined by financial-sector experts at the meeting. A Standards Association official said, "This is the first time financial-sector experts have formally taken part in discussions on standardization policy," adding that it "served as a starting point for discussing a new policy model called 'standardization-investment linkage.'"
At the meeting, Yonsei University Professor Lee Hee-jin introduced Japan's program to train chief standardization officers (CSO) at corporations and an incentive scheme linked to the financial sector, saying, "A standardization ecosystem in which industry, academia, government, and finance participate together will become core infrastructure for industrial competitiveness."
Korea University Professor Kim Jae-young suggested, "We should build a standardization support system centered on small and mid-sized corporations and introduce a tentative 'K-SBS' support scheme to provide institutional backing for international standard activities."
Plan H Ventures CEO Won Han-kyung said, "Preempting technology standards by Start - Up companies is directly tied to investment competitiveness," proposing the creation of a tentative "standard innovation fund" and incorporating assessments of standardization achievements at the investment screening stage.
Korea Standards Association President Moon Dong-min said, "When small and venture corporations establish international standards, it means their technology is accepted in the global market," adding, "We will establish a 'standardization-investment linkage' program that strengthens financial support for corporations leading in standards."