The competition began in 1981 as the Busan Industrial Design Exhibition and was relaunched internationally as the International Busan Design Award in 2019. Busan Metropolitan City and Design Council Busan host the program, which includes general, youth, and organization divisions across industrial, communication, and other design fields.
International design experts conduct online preliminary screening followed by offline evaluation of physical submissions. The award combines substantial category prizes with exhibition and professional visibility, helping designers present ideas to audiences in Korea and abroad.