BISTEP Holds 2nd Busan Research Industry Promotion Complex Network Exchange Meeting

Strengthening the Regional R&D Ecosystem Based on Contract Research
Over 60 Participants from Companies, Universities, and Institutions Attend

Busan Institute of Science and Technology for Higher Education Promotion (BISTEP), led by President Kim Youngbu, held the '2nd Busan Research Industry Promotion Complex Network Exchange Meeting for 2025' on December 2 at the Westin Josun Busan, in collaboration with the Ministry of Science and ICT, Busan Metropolitan City, and the Korea Institute for Advancement of Technology Commercialization.

BISTEP is taking a commemorative photo at the '2nd Busan Research Industry Promotion Complex Network Exchange Meeting.' Photo by BISTEP

The event was attended by more than 60 participants, including officials from Busan Metropolitan City, BISTEP, local universities and related organizations, as well as companies that carried out external support projects from 2023 to 2025. They discussed ways to vitalize the regional contract research ecosystem.

The program began with a presentation on the '2025 Busan Research Industry Promotion Complex Development Project Results,' followed by presentations from outstanding companies on strengthening technological innovation capabilities, sharing the outcomes of the contract research company coordinating program, information on tenant companies, and an analysis of the regional contract research industry.

During the presentations by outstanding companies, the research and development processes, key achievements, and future utilization plans based on the supported projects were introduced, drawing significant interest from attendees. In the coordinating program session, cases of improved commercialization readiness based on tailored competency assessments for companies and investment linkage achievements were shared, highlighting that the program provided substantial support to participating companies.

During the networking session, active discussions on technological cooperation and the sharing of research demands among companies, universities, and institutions further strengthened the purpose of the exchange meeting.

President Kim Youngbu stated, "This exchange meeting has served as an opportunity to further advance the collaborative ecosystem based on contract research," adding, "We will actively strengthen the research industry cooperation network to provide practical support throughout companies' R&D and commercialization processes."

The 'Busan Research Industry Promotion Complex Development Project,' promoted by the Ministry of Science and ICT, designates the Centum City General Industrial Complex in the U-Song and Jae-Song districts of Haeundae-gu as a research industry promotion complex. The project aims to support the growth and innovation capabilities of contract research companies, promote the advancement of local industries and the creation of new industries, and foster Centum City as a hub for the digital convergence contract research industry.

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