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South Korea Launches Ultra-Fast 1-Month Patent Track for AI and Biotech Startups to Accelerate Innovation

Maria LourdesMaria Lourdes1h ago

South Korea Launches Ultra-Fast 1-Month Patent Track for AI and Biotech Startups to Accelerate Innovation

South Korea's Korean Intellectual Property Office (KIPO) announced the launch of an ultra-fast patent examination track specifically for AI and advanced biotech startups on February 23, 2026.

This new initiative allows eligible startups to receive patent examination results in just one month, dramatically reducing the standard 15-month wait time.

Expanded Eligibility for Rapid Patent Protection

Startups, venture companies, and Innobiz-certified firms focusing on AI and biotech innovations qualify for up to 2,000 ultra-fast examinations per sector annually.

Pre-startups from universities and public research institutes, including those led by professors and researchers, can access priority examinations within two months.

Export-oriented companies participating in the Ministry of SMEs and Startups' overseas expansion program are now eligible without needing prior export records, easing access for early-stage ventures.

Historical Context and Government Push

The program stems from President Lee Jae Myung's earlier directive in January to introduce ultra-fast reviews amid concerns over slow patent processes hindering innovation.

KIPO Vice Commissioner Jeong Yeon-woo stated that the office will lead efforts to foster a startup boom by enabling early patent rights across technology sectors.

Impacts on Innovation and Economy

By accelerating patent grants, the track aims to speed up commercialization in fast-evolving fields like AI and biotech, where technology advances rapidly.

This move is expected to attract more investment, bolster South Korea's global competitiveness, and support a thriving startup ecosystem.

Looking ahead, the initiative could inspire similar fast-track systems worldwide, positioning South Korea as a leader in protecting cutting-edge technologies.

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Published On: 2026-02-23 @ 04:03:33 (1 hours ago)

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