Global intellectual property (IP) solutions company LexisNexis announced it will host the ‘Korea IP Impact Summit’ at Lotte Hotel World in Seoul on June 18. This global conference will explore innovative ways to connect research and development (R&D) with business strategy, leveraging artificial intelligence (AI) and patent data.
LexisNexis to Host Summit for AI-Era IP Strategy
LexisNexis Intellectual Property Solutions, a global leader in IP solutions, will host the ‘Korea IP Impact Summit’ on June 18 at Lotte Hotel World in Seoul. This international conference is highly anticipated as it will delve into how companies can formulate innovative research and development (R&D) and business strategies using intellectual property (IP) data in the rapidly evolving AI era.
The event will focus on highlighting methods to organically link R&D with business strategy, powered by AI and patent data. It will serve as a crucial platform for networking and information exchange, bringing together stakeholders from corporate R&D, strategic planning, and IP management to discuss key strategies for securing competitiveness in future markets.
The Evolving Strategic Value of IP Data
Beyond mere technological development, the ability of companies to make strategic decisions—identifying which technologies to preempt and where to focus R&D capabilities—has become more critical than ever. In this context, patent and IP data are rapidly evolving from simple indicators of technological status into essential "business data" for predicting future technological trends and deciphering competitors' strategic directions.
IP data is now firmly established as an indispensable element for creating corporate value and driving sustainable growth. The advancement of artificial intelligence (AI) technology, in particular, is expected to play a decisive role in more effectively analyzing vast amounts of patent data, thereby strengthening companies' core competencies and uncovering new business opportunities.
Key Summit Topics and Expected Outcomes
Amidst these transformations, the ‘Korea IP Impact Summit’ aims to address the fundamental question of "how to leverage IP data as a common language for R&D and business strategy." The summit will explore solutions for various challenges faced by companies, utilizing AI-based patent analysis technologies and global technological intelligence.
Key discussion points will include setting R&D investment priorities, assessing internal technological competitiveness, and identifying new business opportunities. Practical topics such as patent risk management and strategies for securing competitive advantages in the global market are also expected to be covered.
Participating companies are expected to develop sophisticated data-driven decision-making capabilities and gain insights for sustainable growth in the rapidly changing global market.
