Gwang Hwa Moon International Patent & Law Firm (Chief Patent Attorney Hong Sung-hoon) provides startup support and intellectual property protection services. The company last year further strengthened its startup growth foundation through collaboration with accelerator Newborn Ventures and DB Insurance.

Knowledge is the key to successful entrepreneurship

Knowledge of IP for startups is the key to success. A systematic understanding of intellectual property rights such as patents, trademarks, and designs serves as the basis for legally protecting your startup ideas. “Intellectual property is a key asset for expanding and commercializing startup ideas. What we do is help entrepreneurs strategically leverage their ideas while legally protecting them.” said Hong.

Collaboration with Newborn Ventures

Gwang Hwa Moon reached a new turning point in strengthening the startup ecosystem through a business agreement with Newborn Ventures last year. Newborn Ventures is a mid-sized accelerator established based on Newborn C&D, a consulting firm specializing in small and medium-sized businesses with 10 years of experience, and has strengths in corporate incubation. Through this collaboration, they have established a comprehensive startup support system that combines intellectual property protection and corporate incubation strategies. Lee Geun-woong, CEO of Newborn Ventures said “We are pleased to be able to provide professional IP services through this agreement. We plan to reexamine the patent strategies of investment companies and provide professional knowledge to build a more comprehensive startup support system.” Hong said “We will provide an environment where startups with good technology can grow steadily and help intellectual property rights become a key asset for investment and commercialization.”

Working with DB Insurance

Gwang Hwa Moon signed a business agreement with DB Insurance to promote open innovation and technology protection policy insurance. This aims to support startups with innovative ideas to be protected from intellectual property disputes and establish a foundation for sustainable growth, and to support and cooperate in promoting open innovation, provide advice on patent-related work, and promote sales of DB Insurance’s technology protection policy insurance. They help startups prevent intellectual property disputes from the early stages and establish stable funding and growth strategies based on technology. Hong said “Through our business agreement with DB Insurance, we will help startups recognize the importance of technology protection and expand investment and commercialization opportunities. We will provide practical assistance to companies through customized insurance products and seminars.”

Vision for protecting intellectual property rights and developing the startup ecosystem

Hong is gaining trust in the industry by providing startup-specific solutions based on his experience managing patent portfolios for major companies such as LG Electronics and Samsung Electronics’ C-lab project. Hong said “The success of a startup does not simply depend on its technological prowess. The key is to protect the technology, strategically utilize it, and support its commercialization. We will continue to provide innovative solutions for sustainable development.”