South Korea

Patents based on traditional knowledge are often ‘biopiracy’. A new international treaty will finally combat this

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星期一, 六月 3, 2024

So-called “biopiracy”, in which companies lift ideas from traditional knowledge and patent them, is a significant problem.

Key Points: 
  • So-called “biopiracy”, in which companies lift ideas from traditional knowledge and patent them, is a significant problem.
  • The main purpose of the new Treaty on Intellectual Property, Genetic Resources and Associated Traditional Knowledge is to ensure patent applications disclose any involvement of traditional knowledge.

What international law says

  • International law already has protections for genetic resources and traditional knowledge.
  • Under the Nagoya Protocol, “users” of genetic resources and associated traditional knowledge must obtain permission from “providers”.

Disclosure: where did the resources and knowledge come from?

  • The treaty requires applicants for patent claims “based on” genetic resources to disclose where the genetic resources came from.
  • For patents “based on” traditional knowledge, applicants must disclose the Indigenous peoples and local communities who provided it.
  • Sometimes the applicant doesn’t know where the genetic resources or traditional knowledge came from.

Sanctions and remedies: what happens if people don’t follow the rules?

  • The treaty doesn’t allow patents to be revoked or made unenforceable if an applicant has failed to disclose.
  • However, it does allow other sanctions and remedies if a patent holder has failed to disclose with “fraudulent intent”, which may include fines.

Information systems: what is already known?

  • The treaty allows states to establish systems (such as databases) of information about genetic resources and associated traditional knowledge.
  • While this provision mentions “appropriate safeguards” for these information systems, it doesn’t indicate who should own and control the systems.

Treaty negotiations and compromises

  • At the conference, members of the Indigenous Caucus made suggestions on the draft treaty text.
  • The final treaty reflects compromises between the member states of the World Intellectual Property Organisation (influenced by the Indigenous Caucus), industry bodies and representatives of civil society.

What is Australia’s role in combatting biopiracy?

Foresight Signs Collaboration Agreement with KONEC Sponsored by Hyundai’s Foundation for Co-Development Project of Autonomous Vehicle

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星期三, 五月 29, 2024

Ness Ziona, Israel, May 29, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced today the signing of a co-development collaboration agreement with leading Korean Tier One automotive supplier KONEC Co. Ltd. (“KONEC”), sponsored by the Foundation of Korea Automotive Parts Industry Promotion (“KAP”), founded by Hyundai Motor Group, to integrate Foresight’s ScaleCam™ 3D perception technology into a conceptual autonomous driving vehicle.

Key Points: 
  • This collaboration leverages KONEC’S expertise in developing advanced automotive systems with KAP's mission to foster innovation within the automobile parts industry.
  • The project will incorporate Foresight’s 360° 3D perception technology, enabling the conceptual autonomous driving vehicle to accurately perceive its surroundings.
  • The successful integration of ScaleCam has the potential to significantly enhance the capabilities and safety of autonomous vehicles.
  • “We believe that the collaboration with KONEC represents a significant step forward in the development of next-generation autonomous driving solutions.

SINTX TECHNOLOGIES SIGNS AGREEMENT TO ENTER KOREAN TECHNICAL CERAMICS SECTOR

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星期三, 五月 29, 2024

Under the strategic agreement, Myosung will represent SINTX’s interests within Korea in terms of identifying and cultivating prospective clients with interest in technical ceramic products & services.

Key Points: 
  • Under the strategic agreement, Myosung will represent SINTX’s interests within Korea in terms of identifying and cultivating prospective clients with interest in technical ceramic products & services.
  • We could not ask for a better partner to help us in our international expansion efforts,” said Dave O’Brien, EVP & COO for SINTX.
  • “We look forward to this partnership with Myosung and expect that it will generate significant new business for SINTX, particularly within the medical technology sector.
  • The international markets are of growing importance for SINTX as we move forward.”
    “SINTX has a unique and highly differentiated product offering within the technical ceramics industry.

Transfr Named Winner in Best World-Changing Idea North America Category of Fast Company’s 2024 World Changing Ideas Awards

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星期二, 五月 14, 2024

The winners of Fast Company’s 2024 World Changing Ideas Awards were announced today, highlighting fresh sustainability initiatives, cutting-edge AI developments, ambitious pursuits of social equity, and other creative projects that are helping mold the world.

Key Points: 
  • The winners of Fast Company’s 2024 World Changing Ideas Awards were announced today, highlighting fresh sustainability initiatives, cutting-edge AI developments, ambitious pursuits of social equity, and other creative projects that are helping mold the world.
  • Transfr ’s VR Workforce Training offering has been named the Best World-Changing Idea North America.
  • This year’s World Changing Ideas Awards showcase 50 winners, 127 finalists, and 172 honorable mentions—with health, education, energy, and AI among the most popular categories.
  • We need ideas from everywhere, and this year’s World Changing Ideas Awards are an extraordinary encapsulation of the innovation and creativity that is so abundant around the globe.”

Aionics, Inc. Named Winner in “Small and Mighty” Category of Fast Company’s 2024 World Changing Ideas Awards

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星期二, 五月 14, 2024

The winners of Fast Company’s 2024 World Changing Ideas Awards were announced today, highlighting fresh sustainability initiatives, cutting-edge AI developments, ambitious pursuits of social equity, and other creative projects that are helping mold the world.

Key Points: 
  • The winners of Fast Company’s 2024 World Changing Ideas Awards were announced today, highlighting fresh sustainability initiatives, cutting-edge AI developments, ambitious pursuits of social equity, and other creative projects that are helping mold the world.
  • This year’s World Changing Ideas Awards showcase 50 winners, 127 finalists, and 172 honorable mentions—with health, education, energy, and AI among the most popular categories.
  • The 2024 awards feature entries from across the globe, including the Republic of Korea, Brazil, and Madagascar.
  • We need ideas from everywhere, and this year’s World Changing Ideas Awards are an extraordinary encapsulation of the innovation and creativity that is so abundant around the globe.”

Range Energy’s Electric-Powered Trailer Platform Named One of Fast Company’s 2024 World Changing Ideas

Retrieved on: 
星期二, 五月 14, 2024

The winners of Fast Company’s 2024 World Changing Ideas Awards were announced today, highlighting fresh sustainability initiatives, cutting-edge developments, and other creative projects that are helping mold the world.

Key Points: 
  • The winners of Fast Company’s 2024 World Changing Ideas Awards were announced today, highlighting fresh sustainability initiatives, cutting-edge developments, and other creative projects that are helping mold the world.
  • Range Energy (Range), the hardware company bringing powered trailers to the commercial trucking market, was honored for its electric-powered trailer platform in the Energy category .
  • This year’s World Changing Ideas Awards showcase 50 winners, 127 finalists, and 172 honorable mentions—with health, education, energy, and AI among the most popular categories.
  • We need ideas from everywhere, and this year’s World Changing Ideas Awards are an extraordinary encapsulation of the innovation and creativity that is so abundant around the globe.”

PayJoy Card Named Finalist in Finance Category of Fast Company's 2024 World Changing Ideas Awards

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星期二, 五月 14, 2024

SAN FRANCISCO, May 14, 2024 /PRNewswire-PRWeb/ -- The winners of Fast Company's 2024 World Changing Ideas Awards were announced today, highlighting fresh sustainability initiatives, cutting-edge AI developments, ambitious pursuits of social equity, and other creative projects that are helping mold the world.

Key Points: 
  • SAN FRANCISCO, May 14, 2024 /PRNewswire-PRWeb/ -- The winners of Fast Company's 2024 World Changing Ideas Awards were announced today, highlighting fresh sustainability initiatives, cutting-edge AI developments, ambitious pursuits of social equity, and other creative projects that are helping mold the world.
  • PayJoy , the leading lender to the underserved in emerging markets, has been named a Finalist in the Finance category for its new PayJoy Card redefining how fair lending is done for the underbanked.
  • Now, with the PayJoy Card, PayJoy provides even more value by bringing them further along their credit journey.
  • We need ideas from everywhere, and this year's World Changing Ideas Awards are an extraordinary encapsulation of the innovation and creativity that is so abundant around the globe."

Momentum Refresh has been selected as the winner in the Enterprise category as part of our 2024 World Changing Ideas Awards

Retrieved on: 
星期二, 五月 14, 2024

THOUSAND OAKS, Calif., May 14, 2024 /PRNewswire-PRWeb/ -- The winners of Fast Company's 2024 World Changing Ideas Awards were announced today, highlighting fresh sustainability initiatives, cutting-edge AI developments, ambitious pursuits of social equity, and other creative projects that are helping mold the world.

Key Points: 
  • Our innovation is a reasonable accommodation for people to participate within their community" said Momentum President and CEO, Lori Anderson.
  • Momentum Refresh is a resource for businesses that rely on community support and guest attendance.
  • This year's World Changing Ideas Awards showcase 50 winners, 127 finalists, and 172 honorable mentions—with health, education, energy, and AI among the most popular categories.
  • We need ideas from everywhere, and this year's World Changing Ideas Awards are an extraordinary encapsulation of the innovation and creativity that is so abundant around the globe."

Azure Printed Homes Named Finalist in the Small and Mighty: Fewer than 50 Employees Category of Fast Company's 2024 World Changing Ideas Awards

Retrieved on: 
星期二, 五月 14, 2024

LOS ANGELES, May 14, 2024 /PRNewswire-PRWeb/ -- The winners of Fast Company's 2024 World Changing Ideas Awards were announced today, highlighting fresh sustainability initiatives, cutting-edge AI developments, ambitious pursuits of social equity, and other creative projects that are helping mold the world.

Key Points: 
  • Azure Printed Homes, a pioneer in 3D-printed homes using recycled polymers, has been named a finalist in the Small and Mighty: Fewer than 50 Employees Category and an honorable mention in the Best World-Changing Idea North America category of Fast Company's 2024 World Changing Ideas Awards.
  • Azure Printed Homes, a leader in 3D-printing homes for a more affordable, sustainable world, has been named a Finalist in the Small and Mighty: Fewer than 50 Employees Category and honorable mention in the Best World-Changing Idea North America category.
  • This year's World Changing Ideas Awards showcase 50 winners, 127 finalists, and 172 honorable mentions.
  • We need ideas from everywhere, and this year's World Changing Ideas Awards are an extraordinary encapsulation of the innovation and creativity that is so abundant around the globe."

Cerebrum Tech Founder & Chairman R.Erdem Erkul, PhD, appointed as the Honorary Consul of the Republic of Korea in Sivas

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星期五, 五月 10, 2024

ANKARA, Türkiye, May 10, 2024 /PRNewswire/ -- The Chairperson of the Digital Technologies Business Council of the Foreign Economic Relations Board (DEIK) - Digital Technologies Business Council and the Founder of Cerebrum Tech, Recep Erdem Erkul, PhD, was appointed as the Honorary Consul of the Republic of Korea in Sivas.

Key Points: 
  • ANKARA, Türkiye, May 10, 2024 /PRNewswire/ -- The Chairperson of the Digital Technologies Business Council of the Foreign Economic Relations Board (DEIK) - Digital Technologies Business Council and the Founder of Cerebrum Tech, Recep Erdem Erkul, PhD, was appointed as the Honorary Consul of the Republic of Korea in Sivas.
  • Technology entrepreneur R. Erdem Erkul, PhD, was appointed as the Honorary Consul of the Republic of Korea in Sivas.
  • Erkul received the appointment certificate from the Ambassador of the Republic of Korea to the Republic of Türkiye Yeondoo Jeong, at the ceremony held at the embassy building in Ankara.
  • Erkul founded the new-generation technology company Cerebrum Tech in 2021, and one of its six offices worldwide is located in Seoul, the capital of the Republic of Korea.