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New Members of KAST 2020
< Professor Zong-Tae Bae (Left) and Professor Sang Ouk Kim (Right) > Professor Zong-Tae Bae from the School of Management Engineering and Professor Sang Ouk Kim from the Department of Materials Science and Engineering became new fellows of the Korean Academy of Science and Technology (KAST) along with 22 other scientists in Korea. On November 22, KAST announced 24 new members for the year 2020. This includes seven scientists from the field of natural sciences, six from engineering, four from medical sciences, another four from policy research, and three from agriculture and fishery. The new fellows will begin their term from January next year, and their fellowships wll be conferred during the KAST’s New Year Reception to be held on January 14 in Seoul. (END)
College of Business Honored with the WRDS-SSNR Innovation Award
(Professor Inmoo Lee (far left), Robert Zarazowski (WRDS), Gregg Gordon (SSRN) and Professor Jae Kyu Lee) The KAIST College of Business received the WRDS (Wharton Research Data Services)-SSNR Innovation Award for the Asia-Pacific region on October 31 during the AACSB Asia-Pacific Conference in Seoul. The WRDS-SSRN Innovation Award is intended to elevate the visibility of pioneering research across a broad range of financial and economic topics. Three winners are selected annually from across North America, Europe, and the Asia Pacific based on their ability to demonstrate innovation and research excellence. The award was created through collaboration with SSRN, the world’s leading early-stage research platform and Elsevier, a global information analytics company specializing in science and health. It honors top business schools that produce exceptional data-driven research. A part of the Wharton School of the University of Pennsylvania, WRDS provides global corporations, universities, and regulatory agencies with the thought leadership, data access, and analytics needed to enable impactful research. The Dean of the College of Business Youngbae Kim, said that KAIST has been taking the lead in responding to global trends, offering many innovative programs such as an MBA for Social Entrepreneurship and the Master Course for Green Growth Management. KAIST already has been selected as the Most Innovative University in the Asia-Pacific Region by Thomson Reuters for the last two years. Robert Zarazowski, managing director of WRDS said they recognize and support the outstanding achievement taking place at KAIST as well as its commitment to growth and innovation in business education.
Professor Hahn Named Sangnam Business Researcher Awardee
Professor Minhi Hahn of the School of Management Engineering at the KAIST College of Business has been named the winner of the 22nd Sangnam Business Researcher Award. The Sangnam Award is the highest distinction made by the Korean Academic Society of Business Administration to recognize an outstanding scholar in the field of business & management for that year. His research focuses on how marketing communication impacts customer choices and their satisfaction. Professor Hahn has served on the faculty of the College of Business since 1989, and has supervised more than 21 Ph.D.s and 203 master’s students while publishing more than 51 papers in domestic and foreign journals. He served as dean of the KAIST College of Business, president of the Korean Marketing Association, and president of the Korean Society of Consumer Studies. Currently Professor Hahn is a board member on the strategic committee of the College of Management at National Sun Yat-sen University in Taiwan. Professor Hahn said, “I am pleased to receive this award on behalf of the people who are working for the development of Korean business administration. I will do my utmost to support younger scholars to continue their meaningful research." The award ceremony will take place at the Plaza Hotel in Seoul on February 23.
Prof. Jae-Kyu Lee Campaigns on "Bright Internet" Worldwide
Professor Jae-Kyu Lee (pictured on the right) from the College of Business at KAIST is one step closer to fulfilling his dream of achieving the “Bright Internet,” a campaign that he first proposed as he became the president of the Association for Information Systems (AIS) in June 2015. On December 12, 2015, Professor Lee signed a memorandum of understanding (MOU) at a convention center in Fort Worth, Texas, between the AIS and the International Telecommunication Union (ITU)—a specialized agency of the United Nations that is responsible for issues related to information and communication technologies—on a collaborative research and development program to make the Internet safer for everyone. The MOU pursues building a trusted international information and communication technology (ICT) infrastructure by proposing telecommunication policies, developing international standards, and organizing interdisciplinary conferences. The Bright Internet is an initiative to protect online users from cyber terrors, privacy breaches, and cyber-crimes. Further, it involves putting accountability to those who initiate or deliver cyber threats, thereby eliminating the possible source of Internet related crimes. Following the MOU agreement, Prof. Lee delivered a speech on his campaign at the 2015 International Conference on Information Systems and received positive responses from the audience. The Bright Internet campaign has been selected as visions of various ICT organizations worldwide including the Korea Society of Management Information System and the International Federation of Information Processing. KAIST and Tsinghua University in China adopted it as an academic topic for research and teaching. Prof. Lee claimed that the Internet should be used in a manner based on the values of trust, ethics, and decorum. He further noted that it is important to build Internet environments that not only protect individuals from cyber threats or attacks, but also hold those who commit online crimes accountable for their actions.
Academic Award Established in the Honor of Professor Jae-gyu Lee
An academic award has been established to celebrate the academic achievements of Jae-gyu Lee, a chair professor at KAIST’s Business and Management Department. The Korean Society of Management Information Systems (KMIS) created the “Safe Internet Jae-gyu Lee Academic Award” at the 2015 KMIS Fall Symposium held on November 21, 2015 at the Business and Management building of Yonsei University in Seoul. The award will be presented to researchers operating both in and outside Korea, who strive to achieve a clean and safe Internet environment by preventing cyber terrors, attacks, and crimes. Appointed as the President of the Association for Information Systems (AIS), a global academic organization to advance the field of information systems, in July 2015, Professor Lee has adopted the “safe and clean Internet culture” as the official vision of the AIS. During his inaugural speech, he urged the international community including AIS to work together for better solutions to cyber problems. For the implementation of the Safe Internet Jae-gyu Lee Academic Award, KMIS plans to form a committee to select winners through evaluations and recommendations. The award will be presented from 2016 forward. Also, Professor Lee has recently donated USD 87,000 to KMIS to fund research in safe Internet culture and cyberspace security.
Professor Jae Kyu Lee Appointed the President of Association for Information Systems
Chair Professor Jae Kyu Lee of KAIST’s College of Business was appointed the President of Association for Information Systems (AIS) on July 1, 2015. Professor Lee will serve a one-year term, which will end in June 2016. With four thousand members researching information systems from 90 different nations, AIS is the largest academic society in the fields of information system and business process engineering. Professor Lee has proposed his idea of “the Bright Internet” as the official vision of AIS. Employing this vision, AIS will create technology and systems, as well as sponsor international cooperation to solve fundamental issues of the Internet including concerns over hacking and cyber-related crimes. The extent of damage from cyber-related crimes grows each year. Every day, 56 billion junk emails are sent to computers which are hacked and become “zombie” computers. The social cost of such crimes is estimated to be 400 billion US dollars annually. Based on "the Bright Internet," AIS will build a preventative Internet security system by adopting ground rules that make attackers responsible for the damages from such crimes. The system will also modify technology and other systems to minimize privacy infringement while maintaining security. Finally, the Bright Internet proposes to adopt an international standard for this security system through collaboration with the International Telecommunications Union (ITU). Professor Lee said, “The vision of the Bright Internet started from an awareness that we needed to resolve issues such as Internet addiction, indiscriminate media exposure, and verbal violence. This vision developed by the experts from all around the world will not only bring a revolution of a reliable Internet platform to a global scale but also reshape the Korean Internet platform.”
Professor Jae-Kyu Lee's Memoir "Knowledge and Beyond"
Professor Jae-Kyu Lee of KAIST’s College of Business has recently published a book called Knowledge and Beyond (available only in Korean). It deals with selected aspects of science and the world around us. In Knowledge and Beyond, he expounds on his understanding of science, business, life, and religion. In part autobiographical, he describes his thirty-year career and his interaction with his past students who are now leading scientists and scholars in Korea, and offers some advice on how to better treasure life. Professor Lee also recounts his own life: his childhood, growing up and maturing with his mates, love at first sight of and his unconditional love towards his wife. With respect to science, he talks about the origin of knowledge and ways to find solutions to questions that seem almost impossible to answer and offers a few aphorisms, such as: “studying is more like a marathon, not a boxing match;” “do not predict, but plan your future” and “learn by head in class, learn by heart in life.” Knowledge and Beyond is a must read for those who have become exhausted by today’s competitive world, reminding readers of their life goals and paths. Professor Lee said, “I wrote this book for the young to share the true meaning of life over plain knowledge. You can never find out the true meaning of life unless you combine simple and spiritual knowledge, and I hope this book helps in showing a way to achieve it.” Professor Lee has taught at KAIST since 1985, and is currently the Dean of KAIST's Business College. He was formerly the Dean of KAIST College of Management, Director of KAIST EEWS (energy, environment, water, and sustainability) and the Vice Provost of the Singapore Management University’s School of Information Systems. He was also the President of The Korea Society of Management Information Systems and the President of Korea Intelligent Information System Society.
Professor Jae-Kyu Lee Elected to Head the Association for Information Systems
Jae Kyu Lee, HHI (Hyundai Heavy Industries, Co., Ltd.) Chair Professor, College of Business at KAIST, was elected to lead the world major academic society, Association for Information Systems (AIS), from July 2015 to June 2016. Professor Lee will be the first Korean to serve the organization as president. From July 2014 to June 2015, he will serve as president-elect. Currently, Professor Lee is the Director of EEWS (Energy, Environment, Water, and Sustainability) Research Center at KAIST, focusing on research and development in finding solutions to critical issues facing humanity. He also played a pivotal role in the conclusion of a memorandum of understanding between HHI and KAIST in June 2013 to establish HHI-KAIST EEWS Research Center within the KAIST campus. The AIS is the premier professional association for individuals and organizations who lead the research, teaching, practice, and study of information systems worldwide. A news article on his appointment: Asian Scientist, May 16, 2014 Korean Engineer To Lead The Association For Information Systems http://www.asianscientist.com/academia/korean-engineer-lead-association-information-systems-2014/
An International Student of KAIST Interviewed with a Tunisian Radio Show
Amine Mcharek, a Tunisian doctoral student of the Management Science School at KAIST, joined the popular morning radio show in Tunisia called “Expresso” on April 4, 2014 as a guest speaker, together with high ranking officials from the Tunisian government, the Minister of Transport and the Special Advisor to the President. In the show, Amine introduced KAIST and its impressive achievement in education and research. He also discussed the Tunisian government’s intention to create a science and technology university in the nation by bench-marking KAIST. For the show, please go to: http://www.radioexpressfm.com/ecouter/expresso-avec-sami-lemchareg-04-04-2014 (conducted in French).
Professor Jae-Kyu Lee Elected to Head the Association for Information Systems
Jae Kyu Lee, HHI (Hyundai Heavy Industries, Co., Ltd.) Chair Professor, College of Business at KAIST, has been elected to lead the world major academic society, Association for Information Systems (AIS), from July 2015 to June 2016. Professor Lee will be the first Korean to serve the organization as president. From July 2014 to June 2015, he will serve as president-elect. Currently, Professor Lee is the Director of EEWS (Energy, Environment, Water, and Sustainability) Research Center at KAIST, focusing on research and development in finding solutions to critical issues facing humanity. He also played a pivotal role in the conclusion of a memorandum of understanding between HHI and KAIST in June 2013 to establish HHI-KAIST EEWS Research Center within the KAIST campus. The AIS is the premier professional association for individuals and organizations who lead the research, teaching, practice, and study of information systems worldwide.
Book Announcement: The Transformative Power of Service Innovation
Professor Tae-Sung Yoon of the Technology Management Graduate School at KAIST has recently published a book entitled The Transformative Power of Service Innovation (available only in Korean). In the book, Professor Yoon presents many examples of successful service innovations and explores the topic of how excellence in innovation can be achieved through the convergence of diverse fields and industries.
Professor Moon Song Chun appointed representative director of European IT society
Professor Moon Song Chun from the College of business at KAIST was appointed as the representative director of Asia for the European IR society EUROMICRO at its 35th general meeting in Lille, France. Professor Moon is highly regarded in his work in popularization of IT in 3rd world countries and has published the largest number of papers in the history of EUROMICRO. For the next two years, Professor Moon will work to introduce Asia’s IT capabilities to the world and to increase the recognition of the society in the region. Professor Moon, who is also known as the first Computer Science Doctor (PhD) in Korea, has worked to popularize IT by initiating IT volunteer services in Africa, the Middle East, Central and South America, South East Asia and Eastern Europe. He has also helped in the recognition of Korea’s IT capacity, working as a Korean Delegate for the UN International Y2K Cooperation Center, a Distinguished Scholar at Hungarian Academy of Sciences, and a Visiting Scholar at Cambridge University.
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