Academic Background Master’s Program, Graduate Schools for Law and Politics, The University of Tokyo Doctoral Program, Graduate School of Engineering, Tohoku University (Ph.D. in Engineering) Doctoral Program, Graduate School of Medicine, Jikei University School of Medicine (Ph.D. in Medicine) Professional Experience Professor, Graduate School of Innovation Management, Kanazawa Institute of Technology (current) Visiting Researcher, Research Office of the Committee on Economy and Industry, House of Councillors, National Diet of Japan Senior Researcher, Institute for Future Initiatives, The University of Tokyo (Secretary of the Research Forum “Intellectual Property and Investment”) Expert Committee Member, Cabinet Office “Guidelines for Governance of Intellectual Property and Intangible Assets” (current) Executive Director, Intellectual Property Research and Education Foundation (current) Director, Japan Marketing Academy (current) Director, Japan Association of Intellectual Property Law (current) Advisor, PwC Consulting LLC (current) Awards Intellectual Property Achievement Award, Ministry of Economy, Trade and Industry, Japan Major Achievements and Publications Conceived and established the national qualification “Intellectual Property Management Skills Test” as a new certification in Japan. Published the book “Ultimate Marketing Tool: Intellectual Property” in 2024, which received a recommendation from Prof. Philip Kotler

Professional Experience In 2024~ present Serving as Professional in charge of IP strategy In 2022, Promoted to Senior Expert In 2015, Appointed Director of the Intellectual Property Division 2010 ~ 2014, served in the IP Legal & Public Affairs Group, the IP Division of KDDI Research Inc., and as leader of the IP Strategy Group In 2000, Assigned to the Intellectual Property Division In 1993, Joined Daini Denden (now KDDI) External Roles Vice Chair, Association for Intellectual Property and Intangible Asset Governance (AIPIG) Awards 2018: Intellectual Property Achievement Award (Minister of Economy, Trade and Industry), awarded to KDDI 2023: 20th Industrial Contribution Award, Japan Association of Intellectual Property Law (awarded to KDDI) 2024: IP BASE AWARD Grand Prize (Startup Supporter Category), awarded individually by the Japan Patent Office

Education 2006.5 Ph.D. in Economics, The University of Texas at Austin 1999.2 M.A. in Economics, Sogang University, Korea, February 1999 1997.2 B.A. in Economics, Sogang University, Korea, February 1997 Professional Experience 2025.01 ~ Present Head of Financial Services Industry Division, KCMI 2017.12 ~ Present Senior Research Fellow, KCMI 2016.01 ~ 2019.05 Secretary General, Seoul IB Forum 2006.07 ~ 2017.12 Research Fellow, KCMI Professional Activities 2022.9~Present Expert Member, Asset Management Committee for Nuclear Decommissioning Fund, Korea Hydro & Nuclear Power 2022.2~2024.1 Board Member, Korean Securities Association 2020.6~2022.6 Risk Expert Committee Member for Financial Investment Sector, Korea Deposit Insurance Corporation 2011.9~2014.6 Advisory Member, Trust Committee, Korea Securities Finance Corporation

EDUCATION Seoul National University, Korea (BA, Business Administration) Seoul National University, Graduate School, Korea (MBA, International Business) University of London (QM), UK (LLM, Intellectual Property Law) University of London (UCL), UK (LLM, International Finance and Banking Law) Harvard University, J.F.Kennedy School of Government, USA (STS Program Fellow) Career Barrister-at-Law, Bar of England and Wales Allen & Overy LLP, International Law Firm, London, UK Yulchon Law Firm, Seoul, Korea Expert Committee Member, IP Policy Council, Prime Minister’s Office, Korea Expert Committee Member, Presidential Council on IP, Korea Board Member (Non-Executive Director) and Chair of the Audit Committee, Intellectual Discovery Director, Center of International IP and Finance, HUFS Law Institute Expert Committee Member, IP Finance Research Forum, KIPO and KIPA Vice President, The Korean Association for Science, Technology and Law Vice President, The Korean Association for IP History, Theory and Policy Member of the Policy Assessment Board, The Ministry of Foreign Affairs, Korean Government

David is the Founder and CEO of IPVINE, and a recognized expert in IP investment and finance, with over 9 years of industry experience and 11 years in venture and IP-focused investment. Prior to founding IPVINE, he served as an Expert Member of the Presidential Council on Intellectual Property and led national R&D IP strategy planning at Korea Institute of Patent Information (KIPI), providing IP Consulting to global leaders including Samsung, LG, and Hyundai. He managed Korea’s first Invention Capital Fund, leading its full lifecycle from deployment to exit, and later established Korea’s first IP Investment Team at Heungkuk Securities’ IB division, successfully structuring and executing IP-backed security investment. Since founding IPVINE in 2021, he has pioneered IP-based investment and consulting. In recognition of his contributions to the IP finance ecosystem, he has received two KIPO Commissioner’s Awards (2011, 2020).

- Master of Laws from George Washington University Law School, USA - Current Vice President at LG Electronics IP Center - Current Attorney at Law (New York, USA)

Mr. Bae is an expert in venture capital investment and global IP monetization. He is the head of IP business and also the fund manager of an IP mutual PEF with a $50M size. His main investment portfolios are Furiosa AI (Fabless AI (NPU, GPU) Semiconductor Co.), Tomocube (AI-based Bio Maker Co.), and Phantum AI (Autonomous Vehicle Solution Co., based in Mountain View, California). He provides IP consulting to start-ups and equity investments. He has invested in Furiosa AI since 2018, and its market value is now above $ 1 B. Intellectual Discovery is focused on IP monetizing activity using patents developed by Universities and Laboratories in Korea. The company is also a HEVC/VVC/5G SEP Standard Pool licensor, including Access Advance, Sisvel, and Avanci.