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President Shin Shares Innovation Strategy at Moscow
President Sung-Chul Shin shared the recipe for success for rapid national development through university education during the Island 10-22 Conference held at the Skolov Institute of Science and Technology in Moscow on July 16. President Shin stressed how urgent it is for higher education to rapidly embrace the new global economic environment brought about by the Fourth Industrial Revolution in his keynote address entitled ‘Roles and Responsibilities of Universities for Rapid National Development’. The Island 10-22 Conference is a summit co-organized by the National University of Science and Technology MISIS and University of the National Technological Initiative 2035 and supported by the Ministry of Science and Higher Education of the Russian Federation. More than 30 world-renowned experts, presidents of leading technological universities including President Peretz Lavie from the Israel Institute of Technology Technion, President Scott Pulsipher from Western Governors University and specialists in big data participated in the conference as speakers and discussed a diverse spectrum of ideas for making innovations and digital transformations in universities. More than 1,600 participants joined the conference. During his keynote speech, President Shin explained how Korea has achieved such rapid economic growth over the past half century. He cited the Korean government’s vision and innovation policies as factors leading to Korea’s phenomenal success. KAIST, one of the results of the Korean government’s innovation policy, led the nation to advanced technological breakthroughs in industries such as semiconductors. Such visionary policies and investments in science, technology, and education eventually made the Korea of today possible. President Shin said that KAIST distinguished itself through its new vision of C3 that fosters intellectual creativity, caring for others, and a challenging mind . Under Vision 2031, a blueprint for becoming a leading global university, President Shin said the KAIST continues to strive for innovations in convergent education,research and entreprenurship.
2019.07.18
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"It’s a Blessing": Lawyer Couple Donates 82 Acres of Land
Korea Abraham Lincoln Society Founder Kwak Sung-hyun and International IP Alternative Dispute Resolution Center (IIPAC) Chairman Kim Cheol-ho have committed to donate a large tract of land to KAIST during a ceremony on July 3. The couple will donate about 82 acres of land located in Seongnam City, Gyeonggi Province. The value of the property is estimated at over 10 billion won. Kim, a lawyer who taught at the Moon Soul Graduate School of Future Strategy from 2009 to 2014, said, “It is a real blessing to make a gift to KAIST." The property is a part of family inheritance that has been passed down for generations. “We’ve thought about the right way to give back to society from a long-term perspective. KAIST will be the best place to honor my father’s generosity and spirit to help young students,” Kwak said at the ceremony. Kwak’s late father who was also a lawyer was a big landowner in Seongnam City back in the 1970s. But he also had to buy nearby parcels of land because he could not refuse the local farmers asking him to buy their land when they urgently needed to sell their property to pay their children’s college tuition fees. So, he bought the land, paying more than double the asking price. The couple finalized their donation plan after having a meeting with President Sung-Chul Shin earlier this year. President Shin personally guided them on a campus tour and presented his vision to make KAIST a world-class university. “We were quite moved by President Shin and the faculty members’ passion and hard work. And we really wanted to help KAIST be the real top university in the world by educating young talents needed for the new era,” Kim said. President Shin said the university will use the land to establish a new campus for entrepreneurship that combines education, research, and technology commercialization so that it can become an advance base in the Fourth Industrial Revolution era.
2019.07.03
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