Business · Trade · 5 hrs ago

Korea’s Radio Research Chief Says Standards Must Lead to Sales

Korea’s Radio Research Chief Says Standards Must Lead to Sales

Jung Chang-rim says adopting international standards is not enough to make products sell or increase exports.

Jung, head of South Korea’s National Radio Research Agency, made the point in an interview at its headquarters in Naju.

Companies need to develop products and services that use the standards and find real demand for them.

International standards can include a country’s technology, but that alone does not guarantee commercial success.

He says results should be judged by exports and patent income, not just by how many standards are adopted.

That approach would focus attention on whether standard-setting work brings economic returns.

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What people are saying

Jeong Chang-rimHead of South Korea’s National Radio Research Agency
The fact that our technology is reflected in international standards alone does not mean that products will sell or exports will increase.
via Chosun Ilbo
We must develop products and services that apply the standards and secure actual market demand.
via Chosun Ilbo
We should look beyond the number of adoptions and also examine how much standardization achievements lead to exports and patent income.
via Chosun Ilbo