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Dr.Sung-Chul Shin Inaugurated as the 16th President of KAIST
(President Shin delivers his inaugural address at the inauguration ceremony on March 15.) Professor Sung-Chul Shin was officially inaugurated as its 16th president of KAIST on March 15 in a ceremony at the KAIST Auditorium. The celebration began with a procession by dignitaries including the KAIST Board of Trustees Chairman Jang-Moo Lee, the National Academy of Sciences of Korea President Sook-Il Kwun, Daejeon City Mayor Sun-Taik Kwon, National Assemblyman Sangmin Lee, KAIST Alumni Association President Jungsik Koh. Academic leaders, foreign envoys, faculty, students, and staff members of KAIST joined the ceremony. In his inaugural speech, President Shin presented a new vision for KAIST to become a global value creator in the Fourth Industrial Revolution. He said that KAIST has played a pivotal role in the nation’s industrialization and information revolution over the past half century and, with the advent of the new industry paradigm, KAIST should be now responsible for being a new value creator, not only serving the nation but pursuing global betterment. “KAIST should be a global hub of new knowledge and technology creation,” he emphasized. Envisioning a “Global Value-Creative World-Leading University,” President Shin aims for KAIST to be an institution which can create global value as an innovative global leading research university. To realize this vision, he pledged to continue innovation in five areas of education, research & development, technology commercialization, globalization of the campus, and future strategy for the university and the nation. In the educational innovation, he emphasized multidisciplinary studies, team work, and leadership training for students. To this end, KAIST will expand the non-departmental courses toward entire 4-year course while concurrently operating the existing system of declaring a major in students’ second year. KAIST will offer mandatory courses in humanities, social sciences, and arts and most classes will be run by team-based learning and group research activities. “KAIST Global Leadership Center” will support students to develop the qualities required for collaboration and the global leaderships. With respect to the research innovation, President Shin said KAIST will establish “Convergence Research Matrix” system to foster strategic research groups for interdisciplinary and convergence collaboration across a wide range of divisions and departments. “Based on the CRMS, we will identify 10 flagship future-oriented convergence research areas for KAIST to truly claim its reputation as a world-leading research university,” he said. He added he will also introduce the “Collaborative Research Lab” system to better retain the academic successes without interruption, and to improve the continuity of research. “We will strive to organize teams of professors in diverse age groups to work together in mutually complementary fields,” he added. In terms of technological commercialization, he hopes that KAIST to be a role model. He said he will make every effort to establish a resilient R&DB environment with ideas, technologies, and entrepreneurship. KAIST will rev up a new university-industry cooperation, fully sponsoring the creation of “Technology in-Kind Investment Companies.” KAIST will continue to take initiative for globalization. He said KAIST will create an ‘English-Only Zone’ at the campus, saying that his ultimate goal is to create Korean-English bilingual campus. He also asked the foreign community to make their effort to learn Korean and Korean culture while staying at KAIST, in an effort to embrace diversity at the campus. He plans to increase the ratio of foreign faculty from nine percent to 15 percent, while doubling the current foreign student enrollment ratio of five percent. As for the future strategy for the university and the nation, he will soon finalize the long-term strategic plan of “Vision 2031” that will lay out a roadmap for KAIST future direction toward its 60th anniversary. KAIST will also play a fundamental role in shaping national policies and strategies for science and technology by operating think-tank groups that consist of KAIST beyond disciplines. These think-tanks will design detailed development plans for KAIST as well as for national strategies for the advancement of science and technology. He said that such institutional innovation will not be completed without the support, dedication, and passion of all KAIST members, adding that he will strive to serve them with 3Cs (Change, Communication, and Care). For the full text of President Shin’s inaugural address, please click.
Klaus Schwab to Receive Doctorate from KAIST University
Courtesy of Press Release from the World Economic Forum: Klaus Schwab to Receive Doctorate from KAIST University KAIST University to confer Doctorate to World Economic Forum Executive Chairman and Founder Klaus Schwab The ceremony will take place on 7 September at KAIST University, Daejeon, South Korea For more information: http://wef.ch/KlausSchwab Geneva, Switzerland, 26 August 2015 – Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, will be honoured on Monday 7 September by the Korea Advanced Institute of Science and Technology (KAIST), with his 14th honorary doctorate. This honour will be bestowed on him in recognition of his work in the field of science, in particular his efforts to promote corporate social responsibility and for the concept of multistakeholder cooperation, which he originated in 1971. Before creating the World Economic Forum, Professor Schwab had a distinctive academic career, earning two doctorates – one in engineering from the Swiss Federal Institute of Technology (ETH) in Zurich and the other in economics (summa cum laude) from the University of Fribourg, Switzerland. He also studied at Harvard University, where he earned a Master in Public Administration. In 1972 he became one of the youngest professors at the University of Geneva, where he taught business policy for over 30 years. The ceremony will be attended by over 200 students, KAIST faculty members, Jang-Moo Lee, Chairman of the KAIST Board of Trustees, and Mayor Seon-Taek Kwon of Daejeon. “Klaus Schwab, through his forward-looking vision and outstanding leadership, has cultivated the World Economic Forum into a global organization, contributing significantly to improving the global economy as well as to resolving international conflicts,” said Sung-Mo “Steve” Kang, President of KAIST. “It is a great honour to receive this honorary doctoral degree from KAIST, an institution which is known for academic excellence and the role it has played in helping South Korea achieve the level of modernization in a matter of decades that the western world took over a century to achieve,” Professor Schwab said. At the ceremony, Professor Schwab will give a speech on the “Impact of Disruptive Forces on Our World” and will elaborate on how technological and geopolitical development is shaping global, regional, national and industry agendas.
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