Wednesday, December 10, 2014

Korean tech startups, SMEs lost US$5.6B in unprotected IP from 2011-13

Tech leaks cost Korean businesses US$2.27 million on average, or around 20*per cent*of annual sales Small and medium enterprises running their own research institutes suffered from a technology outflow worth US$5.6 billion between 2011 and 2013, according to Korea Small Business Institute. The amount was equivalent to 58*per cent*of their R&D expenditures for the same...



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