Law Firm, Business Association, and University Sign MOU to Support Regional Companies

By KWONKYUHONG Posted : July 3, 2026, 17:24 Updated : July 3, 2026, 17:24
From left: Im Seong-taek, representative attorney of Law Firm Jipyeong; Kim Kwang-soo, president of the Busan Business Association; Yoo Won-kyu, head of Inje University's RISE project [Photo: Law Firm Jipyeong]

Law Firm Jipyeong has partnered with the Busan Business Association and Inje University's RISE project to promote sustainable growth and establish a collaborative ecosystem for companies in the Busan-Ulsan-Gyeongnam region.
On July 3, Jipyeong announced that it signed a memorandum of understanding (MOU) at the Busan BEXCO Convention Hall to enhance the development of regional businesses and foster industry-academia collaboration. Key representatives from each organization, including Im Seong-taek, Jipyeong's representative attorney; Kim Kwang-soo, president of the Busan Business Association; and Yoo Won-kyu, head of Inje University's RISE project, attended the signing ceremony.
This tripartite agreement is significant as it combines Jipyeong's legal and management expertise with the extensive network and support infrastructure of the Busan Business Association and the educational and research capabilities of Inje University. The collaboration aims to address the complex management challenges faced by companies in the region and invigorate the local economy.
Under the agreement, the three organizations will implement various support initiatives for businesses in the Busan-Ulsan-Gyeongnam area. Specific areas of cooperation include: specialized legal advice and consulting for local businesses; assistance with global expansion and export opportunities; support for establishing advanced management systems and business succession; fostering industry-academia partnerships and developing specialized talent tailored to local needs; hosting joint seminars, forums, and informational sessions; and planning and operating government projects in consortium.
Im Seong-taek, Jipyeong's representative attorney, stated, "For the sustainable growth of Busan-Ulsan-Gyeongnam companies, a comprehensive support system that encompasses legal risk management, global expansion, business succession, and talent acquisition is essential. With the recent launch of the Busan-Ulsan Center, Jipyeong will provide prompt and professional legal services closely linked to the local industrial scene."
Kim Kwang-soo, president of the Busan Business Association, added, "Based on this collaboration, we will work together to address the various issues and challenges faced by local businesses, enhancing their competitiveness and ensuring sustainable growth, thereby fulfilling a more responsible role in the future of Busan's economy."
Yoo Won-kyu, head of Inje University's RISE project, remarked, "By combining the expertise of each institution, we can create tangible outcomes that provide substantial assistance to local businesses. We will strengthen field-oriented education and industry-academia cooperation to cultivate talented individuals that meet the needs of businesses and enhance the competitiveness of the local industry."
The three organizations plan to further specify their legal, management, and talent development support initiatives for companies in the Busan-Ulsan-Gyeongnam region and continuously expand their collaborative efforts to stimulate economic revitalization.



* This article has been translated by AI.

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