100 Kumoh National Institute of Technology Professors and 100 Gumi Innovative Companies 1:1 Industry-Academia Cooperation

Joint Development and Utilization of Intellectual Property

"Fostering Global Star Companies"

National Kumoh National Institute of Technology has joined forces with Gumi City to create a regional innovation ecosystem where companies, local governments, and universities coexist and prosper. To this end, glocal innovative companies and Kumoh National Institute of Technology professors will form 1:1 industry-academia partnerships and foster global star companies through close-knit industry-academia alliances.

At the 'Kumoh National Institute of Technology - Glocal Innovative Companies (K-star 200) - Gumi City Business Agreement Ceremony' held on the 25th at the Gumi Chamber of Commerce and Industry auditorium, approximately 300 attendees included Kwak Hosang, President of Kumoh National Institute of Technology, Lee Dalhee, Deputy Governor for Economy of Gyeongbuk Province, Kim Hoseop, Deputy Mayor of Gumi City, as well as representatives of 100 promising local companies such as Yoon Jaeho, CEO of Joo Kwang Precision Co., Ltd., and 100 professors from Kumoh National Institute of Technology along with officials from each institution.

Gumo Gongdae.

This agreement originated from the determination to create new industries to overcome the crisis in Gumi’s industry and to respond to the Regional Innovation-Centered University Support System (RISE), which will be fully implemented starting in 2025. Local companies, local governments, and universities have united as a community of shared destiny to achieve sustainable growth and development in the region.

At the agreement ceremony held on the 25th, 100 local companies, universities (professors), and Gumi City signed the first-phase agreement and began cooperation to establish a business-oriented commercialization practical research and innovative startup ecosystem. Professors from Kumoh National Institute of Technology, paired 1:1 with innovative companies, will perform joint commercialization convergence research, jointly develop customized convergence curricula for companies, co-develop and utilize intellectual property such as patents, and create joint education funds, thereby serving as dedicated industry-academia cooperation channels for innovative companies.

Kwak Hosang, President of Kumoh National Institute of Technology, said, “Through the signing of this business agreement among Kumoh National Institute of Technology, Gumi City, and innovative companies, we aim to lay the foundation for creating a sustainable growth and innovation ecosystem. Based on our region’s specialization strategy, we will lead the glocal era as a strong small university and strong small city with global competitiveness through talent cultivation demanded by the local community and commercialization convergence R&D.”

Kim Hoseop, Deputy Mayor of Gumi City, stated, “President Yoon Seok-yeol emphasized the necessity of talent cultivation during his visit to Kumoh National Institute of Technology last February, and the government has a strong will to transform regional universities into regional innovation-leading universities through the selection of ‘glocal universities.’ Believing this is the last golden time for innovation in regional universities, universities, local governments, and local companies will join forces and actively cooperate for regional development.”

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