Artificial Intelligence & Software

AI Technology Needs Intellectual Property

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Summary

An article to understand why intellectual property is so important in the software industry and for AI-based companies, and the benefits of borrowing the power of patent experts and IP law firms.

Excerpts from Engineering Journal Article The value of intangible property is increasing. Especially in the software industry, interest in intellectual property rights is very high.

 

In recent years, many software companies have been using patents as a means of protecting their technology while preventing the leakage of source code. In evaluating the technology of a software company, the technology of the company is embodied in the actual program source code, but there is a risk of leakage to the outside.

 

In the field of artificial intelligence, there is a lot of concern about what technology is the subject of a patent. The convergence of various technologies makes it difficult for general companies to select patent targets.

 

In this situation, many companies borrow the power of patent law firms. This is because they are the first to encounter new technologies of the company and have an understanding of domestic and foreign laws and technologies.

 

In particular, PI IP LAW is focusing on raising awareness of artificial intelligence technology patents by dividing into four major technical fields in which AI patents emerge.

 

Recently, the firm has been selected as the dedicated intellectual property law firm of a Korean company, which came to prominence through an overseas acquisition, and has established itself as a patent law firm that provides high-quality services in the deep learning industry while securing technological expertise in the artificial intelligence field relatively quickly.

 

To this end, in 2017, PI IP LAW held an AI patent seminar with an interest in leading the industry and sharing know-how to strengthen the patent service capability of the AI field and issued a domestic AI patent guidance (ai.piip.com), publishing AI patent templates, and publishing columns on legal issues related to AI.

 

One of the distinctive business processes is the “Patent Day” program, which regularly visits client R & D meetings to collect and present patentable ideas.

 

This resulted in a 400 ~ 500% increase in the number of intellectual property applications for companies because R & D personnel understood the importance of patents and developed the ability to judge patentable items.

 

PI IP LAW is a group of experts who have been involved in the application and registration of intellectual property rights since its establishment in 2013, as well as corporate strategy and consulting. In particular, all patent attorneys, including Daeho Lee, the representative attorney, have specialized in the fields of electronics, telecommunications, and software technology as engineering majors.

 

As a domestic company, it is in charge of patenting of companies with leading technologies in artificial intelligence such as SUALAB, MAKINAROCKS, TmaxSoft, etc., and overseas companies include clients such as Baidu Co., Ltd and NantOmics.

 

Mr. Lee said, "Intellectual property work is not just a means of gaining benefit from government R & D support, but an asset acquisition process that can enhance the company's value in corporate management, market competition and M & A or acquisition." "The process of marking a large asset, technology, as an asset on a book through a recognized process, and converting it into a company's assets.”

 

The management motto of PI IP LAW is to create a professional group of experts. To this end, we build a strong consensus with client companies based on our expertise and then carry out related tasks. In order to understand the customer's skills with the mind of the engineer and to secure the greatest rights with the mind of the lawyer.

 

“The reality is that many companies look at intellectual property only from the cost side and find a low-cost office and are in a vicious circle of unsatisfactory service,” Lee said. “To provide professional services as a professional, we need to improve our customers' understanding of IPRs and find and present the need for IPRs that they don't know”

 

PI IP LAW plans to maintain its reputation as a law firm with unique expertise in the field of artificial intelligence and to grow into a specialized patent law firm that can train AI patent experts.

 

Lee said, “The goal is to grow into a global law firm that can efficiently provide global intellectual property services through overseas branch offices in Asia.”

 

Source: Engineering Journal (http://www.engjournal.co.kr)

Article Link: http://www.engjournal.co.kr/news/articleView.html?idxno=515

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