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President of KAIST Becomes an International Board Member of Moscow Institute of Physics and Technology in Russia
President Sung-Mo “Steve” Kang of KAIST has been appointed a member of the International Board of the Moscow Institute of Physics and Technology (MIPT) in 2014, a leading Russian university specializing in theoretical and applied physics, mathematics, and related science and technology disciplines. President Kang is the only scientist from Asia to become the latest member of the MIPT International Board. Consisting of 11 highly regarded scientists and scholars from all around the world, such as Professor Carlo Rubbia, a Nobel laureate in physics in 1984, President Alexander F. Andreev of the Kapitsa Institute for Physical Problems, President Ralph Eichler of the Zurich Federal Institute of Technology, and President Jaques Biot of the École Polytechnique Paris. Currently, President Leo Rafael Raif of MIT chairs the Board. MIPT created the International Board (http://mipt.ru/en/about/general/international-board/) in 2013 to promote collaboration in international research and educational programs as well as to enhance its global visibility in the international community. MIPT was established in 1946 by a group of prominent Soviet scientists including Pyotr Kapitsa, a Nobel laureate in physics in 1978, and was approved later in 1951 by the government of the former Soviet Union as a state university. Often referred as the “Russian MIT,” MIPT has earned international and domestic recognition through its unique educational system, providing students with opportunities for rigorous education in fundamental science and extensive research at leading research institutions of the Russian Academy of Sciences.
2014.09.28
View 7406
KAIST and University of Waterloo in Canada Agree to Enhance Cooperation
KAIST and the University of Waterloo, Canada, signed a memorandum of understanding (MOU) to explore collaboration in education and research in areas such as computer science, electrical engineering, chemical engineering, quantum computing, and nanotechnology. The two universities also agreed to expand their cooperation in entrepreneurship, technology transfer, and startup support programs. The signing ceremony took place at the University of Waterloo (UW) in Ontario, Canada, on September 22, 2014. Feridun Hamdullahpur, president and vice-chancellor of UW, noted that “KAIST and the University of Waterloo have so much in common. Both institutions pursue excellence in teaching and research, attract some of the highest quality students and faculty alike, and seek out innovation that has the potential to change the world.” President Steve Kang said, “The University of Waterloo has been leading the co-operative education field, offering valuable opportunities to young students to receive classroom-based education with practical work experience. This has been an important approach in higher education, and perhaps more so in this age when technological innovations create new values for social advancement and new opportunities for better growth. I hope that through the collaboration, KAIST and the University of Waterloo will produce research outcomes with global recognition.” The University of Waterloo, located at the heart of Canada’s technology hub, has become one of the nation’s leading comprehensive universities in just half a century. The university is home to the world’s largest post-secondary co-operative education program, encouraging enterprising partnerships in learning and research. The picture shows the signing of the MOU by President Steve Kang (right) and President and Vice-chancellor Feridun Hamdullahpur (left).
2014.09.26
View 9118
IAMCOMPANY, an educational technology startup created by a KAIST student
In-Mo Chung, a senior student of the Department of Industrial Design at KAIST, developed a mobile homework book application, IAMSCHOOL, in order to help parents engage, more interactively, in their children’s school activities. Chung said in an interview with KAIST: “I came up with creating my company, IAMCOMPANY, when I worked as a volunteer for a student club in 2009 that provides an educational service to high school students living in a less-favored environment. I found out their educational environment very poor, which ultimately led me to build a public interest business model for education.” Chung created a few mobile applications including IAMSCHOOL and IAMCLASS. The application, IAMSCHOOL, receives school’s notices, homework assignments, or any information related to classes and sends them directly and immediately to parents, allowing real-time communications between parents and teachers. In Korea, parents usually check as many as 50 school notices per month. Once registered, private educational institutes and public organizations can also receive school information through this application. In July 2011, the Department of Science Management at KAIST hosted a student competition for startup ideas, and Chung’s idea to build an educational application won the best award. In 2012, he received the grand prize at the KAIST E-5 Startup Competition. An undergraduate student who is the chief executive officer of a tech startup Chung established IAMCOMPANY with the seed fund of 13 million Korean won that he had received from the city government of Daejeon. His business idea was selected as one of the 300 College Student Startup Projects, a startup support program operated by Daejeon City to encourage entrepreneurship among college and university students. Chung talked about the background of his business: “I think that my idea to offer a “free educational application” helped me win the first prize at the student startup competition. At that time, I was still young, so I considered the winning of the competition as an “exercise” to build my own business in the future. But when I actually started my company, I found out that KAIST’s startup programs helped me a lot throughout the entire process and realized that these programs are good enough for young entrepreneurs to build up their company from a single idea.” KAIST professors and staff support student startups. Chung took in-depth mentoring from KAIST professors. Professor Min-Hwa Lee of the Department of Management Science and Professor Lak-Kyoung Song of the Department of Technology Management, who is also the president of the Daejeon Creative Economy Innovation Center, have supported Chung’s endeavors. President Taek-Su Kang of the KAIST Innovation Center gave Chung a lot of advice as he was developing IAMCOMPANY’s initial business model. Chung said that even now, they look for solutions together when his business ran into a brick wall. Professor Lee said, “IAMCOMPANY does not aim for profit. Instead, by supplying free applications, they improve the environment of education and eventually create public interest. Also, they find out consumers’ hidden demands and satisfied it creatively.” With 8,000 schools registered to IAMSCHOOL, 750,000 parents are using the application in just two years of its release. Parents and teachers responded enthusiastically. The application “IAMSCHOOL” provides services for 8,000 schools in Korea. Currently, 750,000 parents are using this application. The company offers the nation’s largest online education service. The reason behind their rapid growth is that their service solves communications problems between schools and parents in a simple and efficient manner. Jung-Mi Hwang, a teacher at Galma Elementary School in Dajeon, said: “After using this application, there are fewer occasions of students forgetting their school materials. We think this is because the parents can check the school notices and newsletters at any time through the application.” She added, “I hope more and more schools will use this application because it is convenient and also available for free.” Another teacher from Daedeok Elementary School in Daejeon, Dong-Min Nam, said that “many parents like this application since they are immediately notified with school events.” KAIST’s Technology Business Incubation Center “After moving around many places due to expensive rent,” Chung said that “we finally moved into the Technology Business Incubation Center (TBIC) at KAIST. The center helped us not only providing the space, but also mentoring and connecting us with venture investment companies. This was a great help in attracting initial investments.” Chung added: “At first, a staff member from TBIC was concerned about the viability of my company. I was then an undergraduate student with zero business experience, and from his standpoint, I was taking a huge risk.” But in several months after its establishment, IAMCOMPANY has grown to have 16 employees. An investment of 1.5 billion Korean won from a venture capital company led to a sustainable growth. In early stage, IAMCOMPANY received 300 million Korean won from a venture capital company, and it recently attracted additional 1.2 billion won from a leading venture capital. With these investments, the company grew further. Moreover, investments from large educational corporations have proved the value and competitiveness of the company in the education market. Chung plans to expand his service globally, particularly in China and Singapore. He said that he would not forget how he had started his business, and with such a focused mind, he would strive to provide students and parents with quality educational services while proactively incorporating the advanced information technology (IT) into his products. A bold movement to Pangyo Techno Valley, a Korean version of Silicon Valley Although the company started with only two members, as of August 2014, it boasts of having twenty employees, a remarkable leap of growth within just two years. In April this year, Chung relocated his office from TBIC to Pangyo Techno Valley, the Silicon Valley of Korea, in order to provide a better work environment to his staff. It was not an easy decision for him to leave the comfortable, well-known place, the KAIST campus, and the colleagues, including TBIC staff and KAIST professors, who had helped his startup efforts in early days. However, in order to recruit better employees and to access additional IT resources and education-related companies, Chung decided to make a bold movement, relocating his business to Pangyo Techno Valley in Seoul. A reputable American venture capital investor, Timothy C. Draper, invested in IAMCOMPANY Chung was able to secure solid support from an eminent global investor, Timothy C. Draper, the founder of Draper Fisher Jurvetson, a venture capital based in Menlo Park in California. Recently, Draper, a legendary investor of the Silicon Valley, invested USD 20,000 in IAMCOMPANY. Draper discovered worldwide venture companies such as Hotmail, Skype, and Baidu. IAMCOMPANY received high marks from him as a company with a competitive edge in the global education market. Chung met Draper in April 2014 when he participated in a television network’s (Korean Broadcasting System) audition program for startups. Draper was one of the judges for the program, and he was impressed by the robust growth of IAMCOMPANY. He eventually made a decision to chip in USD 20,000 in Chung’s company. Chung said that he was glad to meet the tycoon of Silicon Valley who recognized the potential of his company. In last October, IAMSCHOOL was selected for the K-APP Global Hub Program—a global market pioneering program to support the development of mobile applications—which was sponsored by the Small and Medium Business Administration in Korea. IAMCOMPANY will bring ‘the Korean Wave’ in the area of educational applications. Chung said, “We plan to sustainably manage the applications and add more functions, so that more educational institutions can adopt our application.” The company aims to provide its service to over 11,000 schools and 100,000 academies nationally so that more parents are able to receive educational news and information easily. Chung concluded his interview in an upbeat tone as he predicted the future of his company: “I am proud that IAMSCHOOL is being recognized by the world’s best investor, and I have gained confidence to advance to the global market. Through global service, I want to make "the Korean Wave" in the field of educational applications and to receive appreciation from students, teachers, and parents worldwide.”
2014.09.04
View 11506
KAIST's Advanced Biomass R&D Center and ToolGen will cooperate
The Advanced Biomass R&D Center (ABC) at KAIST and ToolGen, Inc., a Korean biotechnology company focused on the development of engineered nucleases that can be used as essential tools for editing genetic information in microbial, plant, animal, and human cells, signed a memorandum of understanding (MOU) on August 18, 2014 for technology exchange and research collaboration. ABC is headed by Executive Director Ji-Won Yang, a professor emeritus at the Department of Chemical and Biomolecular Engineering, and Chief Executive Officer Jong-Moon Kim for ToolGen. The newly signed MOU encourages collaborations in the following areas: - Development of genome editing technology for microalgae modification - Development of microalgae that increases biofuel production through the application of genome editing technology - Creation of education and training programs for researchers - Collaboration in other areas In addition, the two organizations decided to cooperate in the improvement of biofuel yields using ToolGen’s genome editing technology, the commercialization of research outcomes, and the development of eco-friendly biofuels from biomass. Executive Director Yang commented that “improving biofuel production is crucial to accelerate the commercialization of biofuels, and collaborating with ToolGen will help us realize that goal.” He further said that “The importance of this MOU lies in the fact that the global chemical industry including Korea has been making substantial efforts to shift its attention from a fossil fuel-based development to a more bio-based technology.” Jin-Soo Kim, the director of the Genome Editing Research Center at the Institute of Basic Sciences in Korea and the cofounder of ToolGen, added that “ToolGen has successfully commercialized its third generation genetic scissors, which shows a lot of promise for commercialization. Our collaboration with KAIST will serve as the driving force to create new industries and accordingly, new jobs.”
2014.09.03
View 12432
The Fifth YLKamp Held at KAIST
The student leadership organization of KAIST, known as Young Leaders in KAIST (YLK), held its fifth annual camp called the YLKamp inviting high school students in rural areas across Korea from July 11th to 14th. The YLKamp is a study mentee-mentor camp, where KAIST students teach and deliver their knowledge on “how to study” to high school students from the countryside. The camp helps young students who have passion and talent, but lack the opportunity to experience and learn more. KAIST encourages students to participate in activities where they can donate their talent and learn leadership skills. About 20 KAIST students planned all the activities, from creating camp programs, selecting participants to requesting sponsorship from outside organizations including the KAIST Alumni. This year, more than 150 high school students in rural areas applied for the camp, and of them, 60 students were chosen. The camp activities included lectures, individual mentoring, group projects, career exploration meetings, and invited speaker presentations. Since its foundation in 2010, the YLKamp has been held every year at KAIST.
2014.08.14
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ASPIRE League 2014: E-Olympics among Five Asian Universities
About 150 undergraduate students from five leading science and technology (S&T) universities in Asia met at the KAIST campus to attend the E-Olympics on August 7-9, 2014. The E-Olympics began as a student exchange conference held under the Asian Science and Technology Pioneering Institutes of Research and Education (ASPIRE) League, which offers a variety of events, such as workshops, sports matches, lab visits, special lectures, and art performances, to promote academic and research collaborations and cultural sharing between the students of the league member universities. Founded in 2009, the ASPIRE League is a university consortium consisted of five top S&T universities in Asia: KAIST in Korea, the Hong Kong University of Science and Technology (HKUST) and Tsinghua University in China, Nanyang Technological University (NTU) in Singapore, and Tokyo Institute of Technology (Tokyo Tech) in Japan. The ASPIRE League aims to provide a knowledge and technology hub for innovation in Asia through the advancement of science and technology and the development of human resources. Since its start, the ASPIRE League has been holding an annual conference with programs for research collaboration, student exchange, educational cooperation, and satellite laboratories among professors, senior managers, and students of the member universities. This year, however, the consortium decided to dedicate the conference to students by holding the E-Olympics. Each university sent 30 students to KAIST for the participation of the E-Olympics. For three days, participating students engaged in discussions and presentations at academic workshops; held athletic games including a relay race, basketball, and a rowing race; and toured a few KAIST laboratories, among them: the E-mobility Research Center, the Bio-imaging and Cell Signaling Research Center, the Mechatronics Systems and Control Center, and the Center of Field Robotics for Innovation, Exploration and Defense. The students also attended a music concert performed by a KAIST student club and a lecture entitled “Entrepreneurship through Global Networking” that emphasized the importance of personnel networking in transferring technological innovation into business opportunities. Chang-Dong Yoo, the Dean of the International Office at KAIST, said, “The E-Olympics will offer students from top science and technology universities in Asia opportunities to interact with each other on a more personal level. I hope that through many of the E-Olympics programs, the students will learn about each other’s culture and academic strength and develop a sense of community to create a “New Asia” by working together.”
2014.08.11
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Cooperation Agreement with Korea's National Information Society Agency on Global Information Education
KAIST and the National Information Society Agency (NIA) signed a memorandum of understanding (MOU) to launch global information education cooperation. President Steve Kang and President Kwang-Soo Chang of NIA, attended the signing ceremony held at KAIST on July 23, 2014. Under the MOU, KAIST and NIA will jointly develop contents for global information education; plan and operate educational programs; provide consulting services to train experts in information; and implement exchange programs for faculty and students. In addition, the two organizations plan to cooperate in the establishment of a network, consisting of alumni and students from the Global Information and Telecommunications Technology Program at KAIST (KAIST ITTP), to deliver a Korean model of electronic government (e-government) to other nations worldwide. President Kang said, “Korea is one of the most wired nations in the world. By working with the NIA, we hope to have an opportunity to export our knowledge and experiences in the construction of e-governments to less technologically advanced nations by becoming a good precedent for them.” Since 2006, KAIST has invited 20-30 government officials from underdeveloped or developing countries each year, offering them enrollment in graduate programs at KAIST ITTP.
2014.07.25
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Times Higher Education magazine features KAIST, July 2014
The Times Higher Education (THE) has featured KAIST in an article entitled “Young Universities’ Secrets of Success” dated on July 17, 2014. The magazine chose five universities from the Times Higher Education's 100 Under 50 2014 rankings: KAIST, Koç University in Turkey, Maastricht University in Netherlands, Nanyang Technological University in Singapore, and Hong Kong Polytechnic University, China. These universities are less than 50 years old. The article highlighted some of their current efforts to deliver quality administrative service for students and professors as well as innovative education and research programs to set them apart from long-established elite universities such as Harvard and Cambridge. For the full text, please visit the link below: Times Higher Education, July 17, 2014 “Young Universities’ Secret of Success” http://www.kaist.ac.kr/Upl/downfile/THE's_Article_Jul_17_2014.pdf
2014.07.23
View 7521
Interview with KAIST MBA: 5 Reasons to Study in Korea for Your MBA
The Graduate Management Admission Council (GMAC) published online an interview with Mija Yoon, the director of the Admission & Placement Center at KAIST College of Business (KAIST MBA) in Seoul, Korea, on July 18, 2014. In the interview, Director Yoon listed the benefits of studying MBA programs at Korean universities, as well as working in Korea. For the article, please visit the link below: GMAT, July 18, 2014 “5 Reasons to Study in Korea for Your MBA” http://www.beatthegmat.com/mba/2014/07/18/5-reasons-to-study-in-korea-for-your-mba
2014.07.21
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Opening of "Education Donation Center" for Knowledge Sharing
KAIST is a leader in knowledge-sharing services for the educationally underprivileged. KAIST held the opening ceremony of the Education Donation Center at its Munji Campus on July 4, 2014 and was appointed as a “2014 Chungcheong-Gangwon province model local education donation center” sponsored by the Education Ministry of Korea and Korea Foundation for the Advancement of Science and Creativity. The Education Donation Center (EDC) will integrate programs run by the Chungcheong-Gangwon province education donation organizations and introduce them to local chapter organizations. The EDC will recommend new donation organizations to the organizations in need. To ensure efficient donation, the EDC will consult programs of donation organizations. The EDC will also suggest regionally suitable education donation programs. KAIST will provide three staff members, six graduate students, and one to manage the career counselor to the center. Joo-Sung Lee of the Business & Technology Management Department is the professor in charge of the EDC. He explained, “The center is the medium between the newly participating education donation organizations and the demand organizations. I will invest every effort to provide high-quality educational benefits to educationally underprivileged people." KAIST has also been running an education service group called ‘Midam Scholarship’, an online education donation group called ‘Chalk’, and science camp programs for youth to establish the sharing and collaboration culture of KAIST.
2014.07.10
View 10821
KAIST College of Business Held "Creativity Fusion Camp" for Multicultural Family Students
Students from the College of Business, KAIST, held the Creativity Fusion Camp for 77 multicultural students from May 31 to June 1 at the KAIST campus in Daejeon. The camp was funded through an education donation program which was created to support multicultural students who are interested in science. $20,000 was raised by 100 participants in a fund-raising marathon including students in the KAIST Business School. The camp was only for multicultural students, and their participation was free of charge. Nationally, 100 applicants were evaluated over 10 days beginning May 14, and 30 elementary school students and 47 junior high school students were selected. The camp centered around creating mini games with rare programming languages. Drawing sounds, exploring computational thinking, making animations, and designing mini games were the other programs students took part in. Sung-Hyun Cha, the student council leader of the College of Business, said, “We have been pondering over how to truly benefit people who are economically and socially underprivileged in our society, apart from simply giving financial donations. I hope this camp will be an important chance for multicultural students to enjoy science.” Jae-Hyun Ahn, Vice-Dean of the College of Business, said, “Many of the activities of the College of Business have mostly focused on learning, but now we have to turn our attention into serving others as well. This is the new education model that KAIST has been endeavoring to build.” The KAIST College of Business has made contributions and donations to help people in need by partnering with the Habitat for Humanity and Babper Service and undertaking charity bazaars and auctions. [Picture Caption]Participants of the KAIST Run Creativity Fusion Camp smiling on May 31 at the Creative Learning Building
2014.06.09
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Professor YongKeun Park Produces Undergraduate Students with International Achievements
Three undergraduate students under the supervision of Professor YongKeun Park from the Department of Physics, KAIST, have published papers in globally renowned academic journals. The most recent publication was made by YoungJu Jo, a senior in physics. Jo’s paper entitled “Angle-resolved light scattering of individual rod-shaped bacteria based on Fourier transform light scattering” was published in the May 28th edition of Scientific Reports. Analyzing bacteria is a very important task in the field of health and food hygiene, but using the conventional biochemical methods of analysis takes days. However, observation with Jo’s newly developed method using light scattering analyzes bacteria within a matter of seconds. SangYeon Cho from the Department of Chemistry also published papers in Cell (2012) and Nature (2013), respectively, under the guidance of Professor Park. SangYeon Cho’s outstanding research achievements were recognized by Harvard and MIT. He was accepted with a full scholarship to Harvard-MIT Health Sciences and Technology Graduate School. He will begin his graduate studies at Harvard-MIT this September. Last March, SeoEun Lee from the Department of Biology was the recipient of the Best Paper Award by the Optical Society of Korea. She plans to pursue a doctoral degree at the College of Physicians and Surgeons, Columbia University in New York. Professor Park said, “Undergraduate students, who are learning a variety of subjects concurrently, are at the most creative time of their lives. KAIST has offered many opportunities to undergraduate students to partake in various research programs.” - Picture (a) and (b): Rod-shaped bacteria’s phase image and light-scattering patterns - Picture (c): Quantitative analysis to illustrate the extraction of information from bacteria
2014.06.03
View 15601
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