Insights
Leading Asian Newspaper Recommends IV’s Invention Development Work as a Model for Driving Innovation
August 30, 2011
August 30, 2011
On August 19th, the Chosun Ilbo, Korea’s largest daily newspaper by circulation, ran an editorial analyzing the decline in job opportunities for Korean software engineers. The editorial highlights the importance of nurturing inventors and specifically IV’s practice of rewarding inventors with a share of the profits from the inventions we accept in our invention development programs.
Through these programs IV works to promote innovation and support inventors not only in Korea, but throughout the world. We now have inventors working on new inventions with us in ten countries, and in just three years this network has generated 10,000 new inventions. That’s 10,000 new inventions that were given life thanks to IV’s invention development programs.
We believe that ideas are valuable, and inventors with great ideas deserve support.