Koo Ja-yong, chairman of E1, took office Thursday as the 21st chairman of the Korea Invention Promotion Association, an affiliate of the Korean Intellectual Property Office.
At an inauguration ceremony at the Korea Intellectual Property Center in Seoul’s Gangnam district, Koo said he has “personally experienced how good ideas in the corporate field become new technologies and lead to national competitiveness.” He said he would “actively communicate with the field” based on 47 years of management experience and be “a reliable partner” so the association’s executives and staff can fully demonstrate their capabilities.
The Korea Invention Promotion Association is a public institution specializing in intellectual property, established in 1973. It runs programs including invention education, strengthening companies’ intellectual property capabilities, startup support and intellectual property finance.
Koo’s appointment also extends ties between the association and the LG and LS groups. Koo Ja-kyung, honorary chairman of LG Group, previously led the Korea Patent Association, the predecessor to the Korea Invention Promotion Association, and Koo Ja-yeol, chairman of LS Corp.’s board, has also served as chairman of the association.
* This article has been translated by AI.
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