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Cyber MOU Signing with Zhejiang University
KAIST signed an MOU with Zhejiang University (ZJU) in China on March 25. This MOU signing ceremony took place via video conference due to the outbreak of COVID-19. The collaboration with ZJU had already started with the signing of an MOU for cooperation in technology commercialization last December. Possible cooperation initiatives included facilitating joint start-up businesses, patent portfolios, and technology marketing. With this general agreement signing, it is expected that the two institutes will expand mutual exchanges and collaborations at the institutional level for education and research. President Sung-Chul Shin said, “We will work together to devise measures for the systematic advancement of cooperation in various directions, including education, research, and the commercialization of technologies.” ZJU, a member of the C9 League known as China’s Ivy League, was established in 1897 and is located in the city of Hangzhou. Its population across 37 colleges and schools comprises 54,641 students and 3,741 faculty members. The university was ranked 6th in Asia and 54th in the world in the 2020 QS Rankings. (END)
JETS Conference 2017
KAIST and four science and technology research universities in Korea co-hosted a technology start-up fair, the 2017 JETS (Job, Exhibition, Tech Forum, and Startup) Conference January 19 ~20 in the Ryu Geun-chul Sports Complex at KAIST. Korea’s major science and technology research universities, Daegu Gyeongbuk Institute of Science and Technology (DGIST), Gwangju Institute of Science and Technology (GIST), Pohang University of Science and Technology (Postech), and Ulsan National Institute of Science and Technology (UNIST), held the event in a collaborative effort to educate, inspire, and connect young entrepreneurs, especially those who will launch technology start-ups. The conference brought entrepreneurs and innovators together who seek ways of working with and supporting start-ups and for their sustainable growth. It also drew aspiring young students and researchers from universities and the government-funded research institutions who are in the process of commercializing their technology. Students from each university’s industry-academia cooperation program who incubated their technology and ideas were key contributors. At the Tech Forum, entrepreneurship and technology consultation specialists including Joe Jasin, managing director at DNA Investment Partners in the US, the founder of Cyworld Dong-Hyung Lee, and Professor Hawoong Jeong, a complex bio-network specialist from the Department of Physics of KAIST lectured on the ecosystem of start-ups and its trends and development. The Dean of University-Industry Cooperation at KAIST Joongmyeon Bae said, "We organized this event in collaboration with four major research universities to further encourage technology start-ups from young students and help their ideas and technology bear fruit. We will continue to strive to create an ecosystem of start-ups which works efficiently.” (Above photo: Founder of the Cyworld, Dong-Hyung Lee gives a lecture at the Tech Forum. Below photo: Students visit exhibition booth of each participating institution.)
Lecture Hall Named After Venture Businessman Min-Hwa Lee
A lecture hall in the Alumni Start-Up Building on the KAIST campus was named Min-Hwa Lee Hall in a ceremony on Tuesday to pay tribute to KAIST alumnus Min-Hwa Lee"s contributions to the development of Korean venture business. On hand at the ceremony were Sung-Woo Hong, head of the Small and Medium Business Administration, KAIST President Nam-Pyo Suh, dozens of KAIST alumni representatives, and figures from government research institutes. Lee, who obtained his M.S. (1978) and Ph.D. (1985) in Electrical Engineering from KAIST, established a fund of 10 billion won along with other KAIST alumni in 2001 and donated it for the construction of the Alumni Start-Up Building for aspiring entrepreneurs. To remember his lofty vision, KAIST decided to name a lecture hall after him. As a venture businessman, Lee founded the Madison, Ltd., one of the earliest venture companies in Korea, in 1985. Lee then played a leading role in the creation of the Korea Venture Industry Association in 1995, and in the establishment of KOSDAQ and the enactment of a special law for venture enterprises. KAIST will appoint Lee as an adjunct professor in recognition of his expertise in venture business and commercialization of new inventions. Lee will teach entrepreneurship at the Graduate School of Management and the Institute for Gifted Students, a KAIST affiliate. "Dr. Lee has made a great contribution to the development of Korean venture business. At a time when commercialization of new inventions was at an infant stage, he nurtured technology ventures and built the foundation for the proliferation of technology venture," President Suh said. "We expect that he will strive to open the generation of technologies which will lead the development of Korea in the future and become a mentor of aspiring entrepreneurs," Suh added.
KAIST-Tsinghua High-Tech EXPO 2004
THE KAIST Herald 2004.5.12 By Jong-kyoung KimThe KAIST Herald Staff Reporter KAIST and Tsinghua University are holding KAIST-Tsinghua Korea-China High Tech EXPO 2004 from July 12 to 14, at the Beijing International Convention Center. The Expo seeks to contribute to economic development through promoting exchanges between exceptional Korean and Chinese start-up companies, and to promote cooperation between high-tech industries and academic institutions through academic and technological exchanges between each nation"s best technology institutions. The Expo is a big international affair held by a university from Korea and one from China. The Expo is also a means to implement the agreement between KAIST and Tsinghua in 2002 to promote exchanges between the two universities and to conduct international co-research. It is sponsored by various technology institutions of both nations. The Expo is different from other expos in that it is a specialized expo where Tsinghua-related companies, experts, and buyers participate to discuss the transfer of technologies and to deal in trades. Also, to insure that the Expo is beneficial to participating Korean companies, the Expo plans to offer business talks with at least ten Chinese companies per company. From Korea, thirteen companies from enterprise-incubation center and graduate start-ups with high-tech start-ups in areas of IT, BT, NT and mechatronics that are possible in exporting related products or transferring related technologies are participating. From China, Tsinghua-related companies, China Telecom, China Unicom, and other companies under China Telecommunication Association with other famous Chinese companies are expected to participate. In addition to exhibitions, co-work between KAIST and Tsinghua"s research centers and KAIST"s Technology Transfer & Exchange Center"s explanation on public technology transfer are taking place during the Expo. And, after three days of the Expo, about ten companies will move to Chungking, a city in western China to hold a product and technology explanation session.
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