SMA
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Metabolically engineered E. coli producing phenol
Many chemicals we use in everyday life are derived from fossil resources. Due to the increasing concerns on the use of fossil resources, there has been much interest in producing chemicals from renewable resources through biotechnology.
Phenol is an important commodity chemical, and is a starting material for the production of numerous industrial chemicals and polymers, including bisphenol A and phenolic resins, and others. At present, the production of phenol entirely depends on the chemical synthesis from benzene, and its annual production exceeds 8 million tons worldwide. Microbial production of phenol seems to be a non-viable process considering the high toxicity of phenol to the cell.
In the paper published online in Biotechnology Journal, a Korean research team led by Distinguished Professor Sang Yup Lee at the Department of Chemical and Biomolecular Engineering from the Korea Advanced Institute of Science and Technology (KAIST) reported the successful development of an engineered Escherichia coli (E. coli) strain which can produce phenol from glucose. E. coli has been a workhorse for biological production of various value-added compounds such as succinic acid and 1,4-butanediol in industrial scale. However, due to its low tolerance to phenol, E. coli was not considered a viable host strain for the biological production of phenol.
Professor Lee"s team, a leading research group in metabolic engineering, noted the genetic and physiological differences of various E. coli strains and investigated 18 different E. coli strains with respect to phenol tolerance and engineered all of the 18 strains simultaneously. If the traditional genetic engineering methods were used, this work would have taken years to do. To overcome this challenge, the research team used synthetic small RNA (sRNA) technology they recently developed (Nature Biotechnology, vol 31, pp 170-174, 2013). The sRNA technology allowed the team to screen 18 E. coli strains with respect to the phenol tolerance, and the activities of the metabolic pathway and enzyme involved in the production of phenol. The research team also metabolically engineered the E. coli strains to increase carbon flux toward phenol and finally generated an engineered E. coli strain which can produce phenol from glucose.
Furthermore, the team developed a biphasic extractive fermentation process to minimize the toxicity of phenol to E. coli cells. Glycerol tributyrate was found to have low toxicity to E. coli and allowed efficient extraction of phenol from the culture broth. Through the biphasic fed-batch fermentation using glycerol tributyrate as an in situ extractant, the final engineered E. coli strain produced phenol to the highest titer and productivity reported (3.8 g/L and 0.18 g/L/h, respectively). The strategy used for the strain development and the fermentation process will serve as a framework for metabolic engineering of microorganisms for the production of toxic chemicals from renewable resources.
This work was supported by the Intelligent Synthetic Biology Center through the Global Frontier Project (2011-0031963) of the Ministry of Science, ICT & Future Planning through the National Research Foundation of Korea.
Process of Phenol Production
2013.11.05 View 9297 -
KAIST hosts 2013 Wearable Computer Contest
2013 Wearable Computer Contest (WCC) will be held in early November. This year’s contest is hosted by KAIST and sponsored by Samsung Electronics.
Wearable computers are drawing attention in the IT world as a potentially convenient information and communication device for future generations, which are attached to clothing or on the body. As smartphones have grown increasingly more popular, various supporting devices are being developed. The IT industry is targeting wearable computers for future development. The main leaders of the field, Samsung, Apple (i-Watch) and Google (Google Glasses) are joining the race for its development.
European and US firms halted their research in wearable computers in the 2000s, but there has been a great burst of interest recently. Korea has been consistently taking on wearable computer research since 2003 and held the Wearable Computer Contest for the last nine years. Since 2005, the contest aims to promote leading edge technological research and Intellectual Property (IP) as well as cultivate a professional workforce in Korea. The contest has promoted world class research in the field of wearable computer technology.
Moreover, KAIST has increased support for its competing teams through Samsung sponsorship and is considering applying the technology from the contest into Samsung products. Winning teams receive 1,500,000 Korean won and Samsung smart IT devices to produce an actual wearable computer. KAIST has increased the number of members who can participate in the competing teams in the finals from 10 to 15 to provide more opportunities to develop wearable computers.
With the theme “Smart IT: Any-information for Anybody,” the 2013 Wearable Computer Contest requires competing teams to suggest an innovative idea which combines IT and fashion for wearable computers. Teams that pass the paper and presentation evaluation go on to the finals, where 15 teams will have four months of production period for the final evaluation in November.
The final teams also receive systematic education on ubiquitous computing, wearable computer platforms, and Human-Computer Interaction (HCI).
The Wearable Computer Contest is holding an ideas contest pitched in a poster format. This contest evaluates proposals for wearable computers, and there is no requirement to enter the rest of the contest. Anyone can compete without having to physically make the product.
More information on the registration and the contest can be found at http://www.ufcom.org/.
2013.04.30 View 7277 -
An efficient strategy for developing microbial cell factories by employing synthetic small regulatory RNAs
A new metabolic engineering tool that allows fine control of gene expression level by employing synthetic small regulatory RNAs was developed to efficiently construct microbial cell factories producing desired chemicals and materials
Biotechnologists have been working hard to address the climate change and limited fossil resource issues through the development of sustainable processes for the production of chemicals, fuels and materials from renewable non-food biomass. One promising sustainable technology is the use of microbial cell factories for the efficient production of desired chemicals and materials. When microorganisms are isolated from nature, the performance in producing our desired product is rather poor. That is why metabolic engineering is performed to improve the metabolic and cellular characteristics to achieve enhanced production of desired product at high yield and productivity. Since the performance of microbial cell factory is very important in lowering the overall production cost of the bioprocess, many different strategies and tools have been developed for the metabolic engineering of microorganisms.
One of the big challenges in metabolic engineering is to find the best platform organism and to find those genes to be engineered so as to maximize the production efficiency of the desired chemical. Even Escherichia coli, the most widely utilized simple microorganism, has thousands of genes, the expression of which is highly regulated and interconnected to finely control cellular and metabolic activities. Thus, the complexity of cellular genetic interactions is beyond our intuition and thus it is very difficult to find effective target genes to engineer. Together with gene amplification strategy, gene knockout strategy has been an essential tool in metabolic engineering to redirect the pathway fluxes toward our desired product formation. However, experiment to engineer many genes can be rather difficult due to the time and effort required; for example, gene deletion experiment can take a few weeks depending on the microorganisms. Furthermore, as certain genes are essential or play important roles for the survival of a microorganism, gene knockout experiments cannot be performed. Even worse, there are many different microbial strains one can employ. There are more than 50 different E. coli strains that metabolic engineer can consider to use. Since gene knockout experiment is hard-coded (that is, one should repeat the gene knockout experiments for each strain), the result cannot be easily transferred from one strain to another.
A paper published in Nature Biotechnology online today addresses this issue and suggests a new strategy for identifying gene targets to be knocked out or knocked down through the use of synthetic small RNA. A Korean research team led by Distinguished Professor Sang Yup Lee at the Department of Chemical and Biomolecular Engineering, Korea Advanced Institute of Science and Technology (KAIST), a prestigeous science and engineering university in Korea reported that synthetic small RNA can be employed for finely controlling the expression levels of multiple genes at the translation level. Already well-known for their systems metabolic engineering strategies, Professor Lee’s team added one more strategy to efficiently develop microbial cell factories for the production of chemicals and materials.
Gene expression works like this: the hard-coded blueprint (DNA) is transcribed into messenger RNA (mRNA), and the coding information in mRNA is read to produce protein by ribosomes. Conventional genetic engineering approaches have often targeted modification of the blueprint itself (DNA) to alter organism’s physiological characteristics. Again, engineering the blueprint itself takes much time and effort, and in addition, the results obtained cannot be transferred to another organism without repeating the whole set of experiments. This is why Professor Lee and his colleagues aimed at controlling the gene expression level at the translation stage through the use of synthetic small RNA. They created novel RNAs that can regulate the translation of multiple messenger RNAs (mRNA), and consequently varying the expression levels of multiple genes at the same time. Briefly, synthetic regulatory RNAs interrupt gene expression process from DNA to protein by destroying the messenger RNAs to different yet controllable extents. The advantages of taking this strategy of employing synthetic small regulatory RNAs include simple, easy and high-throughput identification of gene knockout or knockdown targets, fine control of gene expression levels, transferability to many different host strains, and possibility of identifying those gene targets that are essential.
As proof-of-concept demonstration of the usefulness of this strategy, Professor Lee and his colleagues applied it to develop engineered E. coli strains capable of producing an aromatic amino acid tyrosine, which is used for stress symptom relief, food supplements, and precursor for many drugs. They examined a large number of genes in multiple E. coli strains, and developed a highly efficient tyrosine producer. Also, they were able to show that this strategy can be employed to an already metabolically engineered E. coli strain for further improvement by demonstrating the development of highly efficient producer of cadaverine, an important platform chemical for nylon in the chemical industry.
This new strategy, being simple yet very powerful for systems metabolic engineering, is thus expected to facilitate the efficient development of microbial cell factories capable of producing chemicals, fuels and materials from renewable biomass.
Source: Dokyun Na, Seung Min Yoo, Hannah Chung, Hyegwon Park, Jin Hwan Park, and Sang Yup Lee, “Metabolic engineering of Escherichia coli using synthetic small regulatory RNAs”, Nature Biotechnology, doi:10.1038/nbt.2461 (2013)
2013.03.19 View 9342
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New BioFactory Technique Developed using sRNAs
Professor Sang Yup Lee
- published on the online edition of Nature Biotechnology. “Expected as a new strategy for the bio industry that may replace the chemical industry.”-
KAIST Chemical & Biomolecular engineering department’s Professor Sang Yup Lee and his team has developed a new technology that utilizes the synthetic small regulatory RNAs (sRNAs) to implement the BioFactory in a larger scale with more effectiveness.
* BioFactory: Microbial-based production system which creates the desired compound in mass by manipulating the genes of the cell.
In order to solve the problems of modern society, such as environmental pollution caused by the exhaustion of fossil fuels and usage of petrochemical products, an eco-friendly and sustainable bio industry is on the rise. BioFactory development technology has especially attracted the attention world-wide, with its ability to produce bio-energy, pharmaceuticals, eco-friendly materials and more.
For the development of an excellent BioFactory, selection for the gene that produces the desired compounds must be accompanied by finding the microorganism with high production efficiency; however, the previous research method had a complicated and time-consuming problem of having to manipulate the genes of the microorganism one by one.
Professor Sang Yup Lee’s research team, including Dr. Dokyun Na and Dr. Seung Min Yoo, has produced the synthetic sRNAs and utilized it to overcome the technical limitations mentioned above.
In particular, unlike the existing method, this technology using synthetic sRNAs exhibits no strain specificity which can dramatically shorten the experiment that used to take months to just a few days.
The research team applied the synthetic small regulatory RNA technology to the production of the tyrosine*, which is used as the precursor of the medicinal compound, and cadaverine**, widely utilized in a variety of petrochemical products, and has succeeded developing BioFactory with the world’s highest yield rate (21.9g /L, 12.6g / L each).
*tyrosine: amino acid known to control stress and improve concentration
**cadaverine: base material used in many petrochemical products, such as polyurethane
Professor Sang Yup Lee highlighted the significance of this research: “it is expected the synthetic small regulatory RNA technology will stimulate the BioFactory development and also serve as a catalyst which can make the chemical industry, currently represented by its petroleum energy, transform into bio industry.”
The study was carried out with the support of Global Frontier Project (Intelligent Bio-Systems Design and Synthesis Research Unit (Chief Seon Chang Kim)) and the findings have been published on January 20th in the online edition of the worldwide journal Nature Biotechnology.
2013.02.21 View 9954
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DNA based semiconductor technology developed
Professor Park Hyun Gyu’s research team from the Department of Chemical and Biomolecular Engineering at KAIST has successfully implemented all logic gates using DNA, a feat that led the research to be published as the cover paper for the international nanotechnology paper "Small".
Even with the latest technology, it was impossible to create a silicon based semiconductor smaller than 10nm, but because DNA has a thickness of only 2nm, this could lead to the creation of semiconductors with groundbreaking degrees of integration.
A 2 nm semiconductor will be able to store 10,000 HD movies within a size of a postage stamp, at least 100 times more than the current 20nm semiconductors.
DNAs are comprised of 4 bases which are continually connected: Adenine (A) with Thymine (T), and Guanine (G) with Cytosine (C).
For this research, the team used the specific binding properties of DNA, which forms its helix-shape, and a circular molecular beacon that has fluorescent signaling properties under structural changes.
The research team used input signals to open and close the circular DNA, the same principle that is applied to logic gates in digital circuits.
The output signal was measured using the increase and decrease of the fluorescent signal from the molecular beacon due to the opening and closing of the circular DNA respectively.
The team overcame the limited system problems of the existing logic gates and managed to implement all 8 logic gates (AND, OR, XOR, INHIBIT, NAND, NOR, XNOR, IMPlCATION). A multilevel circuit that connects different logic gates was also tested to show its regenerative properties.
Professor Park said that “cheap bio-electric devices with high degrees of integration will be made possible by this research” and that “there will be a large difference in the field of molecular level electronic research”
Mr. Park Gi Su, a doctoral candidate and the 1st author of this research, said that “a DNA sequence of 10 bases is only 3.4nm long and 2nm thick, which can be used to effectively increase the degree of integration of electronic devices” and that “a bio computer could materialize in the near future through DNA semiconductors with accurate logic gates”.
XOR Gate: The output signal 1 comes through the open circular DNA when either input DNA A or input DNA B is present. When both inputs are not present, the flourescent signal does not come through
2012.09.27 View 9070 -
KAIST to Support R&D Plans of Mid-Small Sized Enterprises
KAIST signed a MOU for the ‘Support for R&D Plans for Mid-Small Sized Firms’ with the Small and Medium Business Conference and Korea South-East Power Co. Ltd.
KAIST and Korea South-East Power Co. Ltd. will now be improving their cooperation on supporting R&D plans to help the technology development and commercialization for Small and Medium Businesses.
Korea South-East Power Co. Ltd. will now select 20 best qualified firms out of its 300 cooperating firms and suggest them as candidates to KAIST Business membership System.
The suggested firms will be given: ▲Strategy R&D Planning ▲Consult Difficult Technology ▲Provide Information on Research Labs and Researchers among other various programs.
The firms participating in the KAIST Business membership System will be able to minimize risk and increase its possibility for success on Development Technology.
KAIST Business membership System is a program provided to firms for a membership fee, in order to create technological innovation and strengthen cooperation between university and industry.
2012.01.31 View 8417
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Ten Breakthroughs of the Year 2011 by Science
Porous Zeolite Crytals
Science, an internationally renowned scientific journal based in the US, has recently released a special issue of “Breakthrough of the Year, 2011,” dated December 23, 2011. In the issue, the journal introduces ten most important research breakthroughs made this year, and Professor Ryong Ryoo, Department of Chemistry at KAIST, was one of the scientists behind such notable advancements in 2011. Professor Ryoo has been highly regarded internationally for his research on the development of synthetic version of zeolites, a family of porous minerals that is widely used for products such as laundry detergents, cat litters, etc. Below is the article from Science, stating the zeolite research:
For Science’s “Breakthrough of the Year, 2011”, please go to:
http://www.sciencemag.org/site/special/btoy2011/
[Excerpt from the December 23, 2011 Issue of Science]
Industrial Molecules, Tailor-Made
If you ever doubt that chemistry is still a creative endeavor, just look at zeolites. This family of porous minerals was first discovered in 1756. They"re formed from different arrangements of aluminum, silicon, and oxygen atoms that crystallize into holey structures pocked with a perfect arrangement of pores. Over the past 250 years, 40 natural zeolites have been discovered, and chemists have chipped in roughly 150 more synthetic versions.
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Porous zeolite crystals are widely used as filters and catalysts. This year, researchers found new ways to tailor the size of their pores and create thinner, cheaper membranes.
CREDIT: K. VAROON ET AL., SCIENCE334, 6052 (7 OCTOBER 2001)
This abundance isn"t just for show. Three million tons of zeolites are produced every year for use in laundry detergents, cat litter, and many other products. But zeolites really strut their stuff in two uses: as catalysts and molecular sieves. Oil refineries use zeolite catalysts to break down long hydrocarbon chains in oil into the shorter, volatile hydrocarbons in gasoline. And the minerals" small, regularly arranged pores make them ideal filters for purifying everything from the air on spaceships to the contaminated water around the nuclear reactors destroyed earlier this year in Fukushima, Japan.
Zeolites have their limitations, though. Their pores are almost universally tiny, making it tough to use them as catalysts for large molecules. And they"re difficult to form into ultrathin membranes, which researchers would like to do to enable cheaper separations. But progress by numerous teams on zeolite synthesis this year gave this “mature” area of chemistry new life.
Researchers in South Korea crafted a family of zeolites in which the usual network of small pores is surrounded by walls holed with larger voids. That combination of large and small pores should lead to catalysts for numerous large organic molecules.
Labs in Spain and China produced related large- and small-pore zeolites by using a combination of inorganic and organic materials to guide the structures as they formed.
Meanwhile, researchers in France and Germany discovered that, by carefully controlling growth conditions, they could form a large-pore zeolite without the need for the expensive organic compounds typically used to guide their architecture as they grow. The advance opens the way for cheaper catalysts. In yet another lab, researchers in Minnesota came up with a new route for making ultrathin zeolite membranes, which are likely to be useful as a wide variety of chemically selective filters.
This surge of molecular wizardry provides a vivid reminder that the creativity of chemists keeps their field ever young.
Related References and Web Sites
2011.12.23 View 11401 -
'S+ Convergence CEO Program' Completion Ceremony
KAIST will be holding the first Completion Ceremony for the ‘S+ Convergence CEO Program’ which is a differentiated course with a new paradigm. The program offers a different syllabus from the existing CEO training programs and focuses on the fusion of industries and IT, fusion of management and security, and fusing together other future technologies. The course should provide the future CEO’s with the ability to plot a suitable creative management strategy in this day of rapid change and growth.
The program invited a guest speaker every month, apart from the planed lectures. The guest speakers were the top of their respective fields. In addition, various activities like riding the OLEV or domestic workshops or educational trips abroad imparted the ability to take on a global perspective.
The use of Social Network Services like twitter or facebook was educated in the free study period before the lecture began. As a result most of the graduates can now use these SNS freely, better preparing them for the technology oriented direction the world is striving in.
The program will have a total of 54 graduates who come from companies from various industries, are politicians, and/or are government officials.
The program name “S+ Convergence CEO Program” is imbedded with the program goal of training the best CEO’s by fusing together Smart Technology, Security, and Strategy.
2011.03.18 View 8889
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Professor Min Beom Ki develops metamaterial with high index of refraction
Korean research team was able to theoretically prove that a metamaterial with high index of refraction does exist and produced it experimentally.
Professor Min Beom Ki, Dr. Choi Moo Han, and Doctorate candidate Lee Seung Hoon was joined by Dr. Kang Kwang Yong’s team from ETRI, KAIST’s Professor Less Yong Hee’s team, and Seoul National University’s Professor Park Nam Kyu’s team. The research was funded by the Basic Research Support Program initiated by the Ministry of Education, Science, and Technology and Korea Research Federation.
The result of the research was published in ‘Nature’ magazine and is one of the few researches carried out by teams composed entirely of Koreans.
Metamaterials are materials that have physical properties beyond those materials’ properties that are found in nature. It is formed not with atoms, but with synthetic atoms which have smaller structures than wavelengths.
The optical and electromagnetic waves’ properties of metamaterials can be altered significantly which has caught the attention of scientists worldwide.
Professor Min Beom Ki’s team independently designed and created a dielectric metamaterial with high polarization and low diamagnetism with an index of refraction of 38.6, highest synthesized index value.
It is expected that the result of the experiment will help develop high resolution imaging system and ultra small, hyper sensitive optical devices.
2011.02.23 View 15520
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A Breakthrough for Cardiac Monitoring: Portable Smart Patch Makes It Possible for Real-time Observation of Heart Movement
Newly invented device makes the monitoring easier and convenient.
Professor Hoi-Jun Yoo of KAIST, Department of Electrical Engineering, said that his research team has invented a smart patch for cardiac monitoring, the first of its kind in the world. Adhesive and can be applied directly to chest in human body, the patch is embedded with a built-in high performance semiconductor integrated circuit (IC), called Healthcare IC, and with twenty five electrodes formed on the patch’s surface.
The 25-electrodes, with a capability of creating various configurations, can detect cardiac contractions and relaxations and collect electrocardiogram (ECG) signals. The Healthcare IC monitors ECG signals and sends the information to a portable data terminal like mobile phones, making it possible for a convenient, easy check up on cardiac observations.
The key technologies used for the patch are the Healthcare IC that measures cardiovascular impedance and ECG signals, and the electronic circuit board made of four layers of fabric, between which electrodes, wireless antenna, circuit board, and flexible battery are installed. With the P-FCB (Planar Fashionable Circuit Board) technology, the research team explained, electrodes and a circuit board are directly stacked into the fabric. Additionally, the Healthcare IC (size: 5mm x 5mm), which has components of electrode control unit, ECG and cardiovascular resistance detection unit, data compression unit, Static Random Access Memory (SRAM), and wireless transmitter receiver, is attached on the fabric. The Healthcare IC is operated by an ultra-low electrical power.
Like a medicated patch commonly used to relieve arthritis pains, the surface of smart patch is adhesive so that people can carry it around without much hassle. A finished product will be 15cm x 15 cm in size and 1mm high in thickness. The Healthcare IC can measure cardiovascular impedance variances with less than 0.81% distortion in 16 different configurations through differential current injectors and reconfigurable high sensitivity detection circuitry.
“The patch will be ideal for patients who suffer a chronic heart disease and need to receive a continuous care for their condition. Once commercialized, the patch will allow the patients to conduct a self-diagnosis at anytime and anywhere,” said Yan Long, a member of the research team.
There has been a continuously growing demand worldwide since 2000 for the development of technology that provides a suitable healthcare management to patients with a chronic heart disease (e.g., cardiovascular problems), but most of the technology developed today are only limited to monitoring electrical signals of heart activity. Cardiovascular monitors, commonly used at many of healthcare places nowadays, are too bulky to use and give uncomfortable feelings to patients when applied. Besides, the current monitors are connected to an electrical line for power supply, and they are unable to have a low power communication with an outdoor communication gadget, thus unavailable for wide use.
Professor Yoo gave his presentation on this new invention at an international conference, International Solid-State Circuits Conference, held on February 8-10 in San Francisco. The subject of his presentation was “A 3.9mW 25-electorde Reconfigurable Thoracic Impedance/ECG SoC with Body-Channel Transponder.”
(Picture 1) Structure of Smart Patch
(Picture 2) Smart patch when applied onto human body
(Picture 3) Data received from smart patch
(Picture 4) Healthcare IC
2010.02.17 View 13761
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Self-Made Businessman Donates $24 Mil. Worth of Property to KAIST
Byeong-Ho Kim, a self-made businessman, has donated land worth 30 billion won ($25 million) to KAIST, the university"s authorities said on Thursday (Aug. 13).
The 68-year-old businessman said his aim is to give students from lower-income families a chance at a decent education and, ultimately, make Korea richer and powerful through development of science and technology. He runs the Seojeon Farm in Yongin, Gyeonggi Province.
Kim visited KAIST on Wednesday (Aug. 12) with his wife and 36-year-old son to finalize details of the donation with KAIST President Nam-Pyo Suh. He signed papers to certify the deed to donate 94,380 square meters of land in a ceremony.
"I promised my family I"d invest our money for a good purpose. Now I hope KAIST can educate students who can"t afford to pay tuition fees. I wasn"t able to study
further than elementary school due to poverty," Kim said, wishing that his donation could be used in fostering talented students and great scholars from around the world.
Kim"s wife, Sam-Yeol Kim, 60, sent an e-mail to KAIST last July 27, on behalf of her husband who suffered a stroke in 2004, to inform the university of her husband"s intent to make the donation.
Kim had pledged to his wife and son that some day he would return all his assets to society before his death. He began to look for the right beneficiary five years ago and chose KAIST as he was impressed by reformatory and innovative efforts at the university where its president was donating all his extra earnings to the university.
“I believe that KAIST can make my dream come true. It is to have advanced science and technology education turn Korea into a country where everyone can live happily,” said Kim at the ceremony.
He recalled his early life, saying, “I left for Seoul when I was 17 years old with just 76 won. I had to save money so much it was scary. Even when the weather was stifling, I refused to buy myself cold soft drinks just to save 1 more won.”
Even though he grew up in a difficult environment, Mr. Kim maintained a firm conviction in familial ties and education. Being the oldest of seven children, he had to support his younger siblings’ education, but never complained about his own lack of opportunity. When his father died, he took money that had been left over from funeral expenses and donated it to relatives as scholarships for their children. He believed that such kindness was the best way to make his father’s passing meaningful. In addition, he donated one billion won to a scholarship fund that helps those like him, who never had a chance to study or learn.
Mr. Kim’s favorite phrase is, “Earning money takes skill, but to spend it is an art.” This mirrors his philosophy of saving and economizing in order to make as much money as possible, then donating generously to the upbringing of future generations.
The decision to donate was also heavily influenced by the support of his wife, and his family. When he first hinted at his intention to donate, his family simply accepted the decision, saying that they were proud of him. Kim had always emphasized that wealth should be given back to society, and as such, his son Se-Yoon Kim donated to the United Nations Children’s Fund (UNICEF) and other charity organizations every month, saying that his actions were an obvious duty.
KAIST officials said they were emotionally moved to learn that Mr. Kim donated the fortune to a university, which is completely unrelated to him or anyone in his family, simply for the sake of the nation’s future. They said that Kim is a figure that all of Korean society should follow, and that everyone in KAIST will etch his wish into their hearts, and try their hardest to make sure future generations will prosper.
2009.08.18 View 10584 -
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.
2009.06.30 View 14044