Seminar on the BM Patent, history, current status and future development
The KIPO held a seminar on December 29th, 2008 over the BM Patent regarding 10 years of history, current status and future development of the BM Patent.
BM(Business Method) Patent is related to the inventions which combine IT technology such as computer and Internet, and business method. The scope of protection in BM Patent is from method and apparatus to storing media of program.
BM Patent has been acknowledged since the federal circuit court decided in the case of State Street Bank(SSS) that business method can be a subject matter for patent like other inventions, and filing of the BM Patent has once boomed in the US, Europe and Japan.
In Korea, filing of BM Patent has greatly increased to 9,895 in 2000 from 1,133 in 1999, then somewhat decreased and maintained 5,0007,000 ever since.
The seminar has been prepared to overview the BM Patent in Korea over 10 years by surveying the development of BM Patent in the US and Japan, examination standard of BM Patent and trend in the decision of the patent and major change in the BM Patent administration and examination.
In the seminar, many issues have been reported including current status of BM Patent protection in major countries, prospect of the development of BM Patent, examination policy of the KIPO, case study of BM Patent dispute and technical trend in the BM Patent.
KIPO expects this seminar could help the IT companies establishing their strategy utilizing BM Patent both at home and abroad.