Korea Plans Single IP Trading Platform by Late 2027

Korea's Ministry of Intellectual Property (MOIP) presented a plan to boost IP transactions at the 48th Cabinet meeting on 10 November. The online IP and technology trading systems now run separately by 10 ministries will be linked into a single IP trading platform, due in the second half of 2027, so that buyers and sellers of technology can see all transaction information in one place.

What the platform will offer

• Actual transaction prices: deal data now scattered across institutions will be collected, analysed and published by technology field.
• AI valuation: a separate system will use artificial intelligence to produce an IP valuation figure within 5 minutes.
• Brokerage: the IP Exchange will be expanded and reorganised to bring together brokerage, valuation and the technology transfer functions of universities and public research institutes, now spread over several bodies; PhD-level transaction specialists will rise to 36 in 2027, with a target of about 200 by 2030.

Rule changes

Public technology used to be offered on a non-exclusive basis to all comers, which was seen as a barrier to deals. The Technology Transfer Promotion Act, amended in May 2026 and taking effect on 27 November, will let the parties choose between non-exclusive and exclusive licences. MOIP will also step up administrative investigations and economic sanctions against unfair competition and idea theft, and use its technology police, enlarged by 34 officers in June, for criminal enforcement.

Overseas markets and next steps

In 2027 Korea will pick 50 promising government R&D projects and help them file and secure patents abroad, and by the end of this year it will name 20 lead IP investment companies that earn revenue from selling and licensing patents. In the first half of 2027 the government will draw up its first cross-ministry national plan for IP transactions, overseen by the National Intellectual Property Committee.

Source: www.moip.go.kr