Korea-US Advanced Technology International Joint R&D Launch

Ministry of Trade, Industry and Energy Holds Korea-US Industrial Technology R&D Briefing Session

Jang Young-jin, First Vice Minister of the Ministry of Trade, Industry and Energy, is delivering a congratulatory speech at the opening ceremony of the '2022 Busan International Motor Show' held on July 15 at BEXCO Exhibition Hall 1 in Busan.
[Image source=Yonhap News]

The Ministry of Trade, Industry and Energy (MOTIE) will fully open its industrial R&D to overseas researchers to expand technology cooperation between domestic companies and outstanding overseas industry-academia-research collaborations.

On the 1st (local time), Jang Young-jin, the 1st Vice Minister of MOTIE, held the 'Korea-US Industrial Technology R&D Briefing Session' in San Francisco targeting top researchers from major US industry-academia-research institutions and discussed concrete implementation plans for technology cooperation between Korea and the US.

MOTIE explained that about 1,300 researchers from NASA, Stanford University, University of Houston, NVIDIA, Google, Massachusetts College of Pharmacy and Health Sciences (MCPHS), Massachusetts Institute of Technology (MIT), University of Maryland, Northeastern University, University of Nevada, and Southwest Research Institute (SwRI) attended the event both on-site and online.

At the event, Vice Minister Jang Young-jin explained the direction for internationalizing industrial technology R&D, including prioritizing excellent international joint R&D projects, guaranteeing participation in relevant projects for overseas institutions that planned outstanding projects, and eliminating discrimination between domestic and overseas researchers, and gathered opinions from overseas researchers on this matter.

Including the opinions of overseas researchers, MOTIE plans to establish a 'Comprehensive Global Technology Cooperation Strategy' by September. Starting in August, MOTIE will begin identifying R&D demands from domestic companies and overseas researchers, and plans to launch full-scale Korea-US international joint R&D from early next year.

Meanwhile, Vice Minister Jang Young-jin visited Stanford University to discuss the establishment plan for the Korea-US Industrial Technology Cooperation Center, and based on this, decided to actively discover cooperative projects between Korean companies and Stanford University.

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