Kijeongwon, Organizational Restructuring to Strengthen Support for 'Smart R&D'

[Asia Economy Reporter Kim Daeseop] The Small and Medium Business Technology Information Promotion Agency announced on the 9th that it has reorganized its structure to agilely support small and medium-sized enterprises' research and development (R&D) in preparation for the post-COVID-19 era.

Through this reorganization, a 'Project Manager Group' was newly established. It is a group of experts who systematically plan the entire cycle of technological innovation for SMEs, including policy formulation, research, technology discovery, external cooperation, and performance dissemination for SME R&D support projects.

Additionally, the 'External Cooperation Planning Office' and 'Global Cooperation Team' were newly created. These departments will support cooperation with various domestic and international entities so that Korean small and medium venture enterprises can lead the changing industrial structure and ecosystem influenced by the novel coronavirus infection (COVID-19).

In particular, to enhance overall evaluation and management capabilities such as transitioning to a smart R&D evaluation system utilizing big data analysis and artificial intelligence (AI) technology, and establishing data-driven investment plans, the 'Evaluation General Planning Office' and 'Statistical Analysis Team' were also established. The 'Misuse Reporting Center,' responsible for establishing and inspecting measures to prevent research fund misuse and preventing illegal brokers, will also be operational.

Lee Jae-hong, President of the Technology Information Promotion Agency, said, "Through this reorganization, we will become a specialized SME R&D institution that closely monitors and supports innovative small and medium venture enterprises so that they can play a leading role in the global value chain and the Korean New Deal."

This content was produced with the assistance of AI translation services.