2003. 3
National Entry Period for PCT Applications Simplified to 30 Months
From 12 March 2003, the time limits for entering into the national phase of PCT international applications in Korea will be extended to comply with amended PCT Article 22. The time limits will be extended to 30 months after the priority date regardless of any international preliminary examination. However, the previous regulations apply to international applications if the 20-month time limit expires on or before 11 March 2003.
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Business method application trends in 2002
The number of business method (BM) applications in 2002 reached 4,239, a decrease of 29% over the previous year due to the latest depression and a decrease of venture start-ups.

The e-commerce related patent applications filed in the first half of 2002 can be broken down into several main groups: Shopping mall and business systems (556 cases), financial services (369), issuance of a lottery and gift certificates (352), educational, medical and environmental management (300), information searches (253), games (172), auction and purchase agent businesses (268), advertisements and public relations (187), goods, equipment management and delivery services.

The number of BM applications by domestic applicants in 2002 was 3,616, down from the 5,388 in the previous year. However, the number by foreign applicants was 623, slightly more than the 574 in the previous year.

The number of BM applications by legal entities was 2,494, representing 59% of the total 4,239 applications; personal applications totaled 1,745. In the case of legal entities, applications by venture companies held a large majority; in the case of the personal applications, representatives of small-sized venture companies that were not registered as businesses were in the majority.
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IPR application trends in 2002
The number of IPR applications for patents, utility models, industrial designs and trademarks filed at KIPO in 2002 reached 290,086, an increase of 0.2% over the 289,420 applications in 2001.

The number of applications by domestic applicants in 2002 was 240,686, an increase of 2.2% over the 235,585 applications in 2001. The number of patent applications by domestic applicants, which is increasing, was 76,559 in 2002, an increase of 3.9% over the 73,714 in 2001.

The number of applications by foreigners in 2002 was 49,400, an 8.2% decrease over the previous year. However the number of applications by foreigners for utility models and industrial designs is increasing.
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