Joint Establishment of Domestic 4 Major Science and Technology Institutes and SME R&D Support Organizations

Opening Ceremony at KAIST Main Campus on the 6th... "Supporting Technological Innovation for Mid-sized and Small Enterprises"

[Asia Economy Reporter Kim Bong-su] The four major science and technology institutes in Korea are jointly establishing an organization to support research and development (R&D) for small and medium-sized enterprises (SMEs) and mid-sized companies.

The four major science and technology institutes?Korea Advanced Institute of Science and Technology (KAIST), Gwangju Institute of Science and Technology (GIST), Daegu Gyeongbuk Institute of Science and Technology (DGIST), and Ulsan National Institute of Science and Technology (UNIST)?announced on the 1st that they will jointly open the ‘SME R&D Sharing Center’ at the KAIST headquarters in Daejeon on the 6th.

This center was established by the four major institutes to support technological innovation for technology-driven SMEs and mid-sized companies by organically collaborating and consolidating the accumulated technologies and capabilities of professors dispersed regionally across the institutes.

Since the second half of 2019, the four institutes have already united their efforts to innovate the technological capabilities of SMEs by publishing the ‘Mid-to-Long-Term Strategic Technology Roadmap (SMB-STAR) 2020’ after consulting SMEs and experts in six fields: advanced materials, process equipment, bio and healthcare, ICT and software, mechanical aerospace, and manufacturing automation and intelligence. They have been updating and sharing this roadmap annually.

This center will build an R&D sharing platform that efficiently matches the core technologies accumulated by the four major institutes with SMEs and mid-sized companies facing difficulties in technology development. It will serve as a one-stop technology innovation support consultation window that can simultaneously address technology transfer and consultation, problem-solving, commercialization of owned technologies, industry-academia joint research, testing and analysis support, and education and training.

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