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Master of Science in Intellectual Property: First Class Starts on Saturday, February 6, 2010
Newly Established, Postgraduate Course for Master of Science in Intellectual Property First class starts on February 6th, 2010 In conjunction with Korean Intellectual Property Office (KIPO), KAIST has established a new postgraduate course for a master of science in intellectual property (IP). 41 students have enrolled the course, and its first class will begin February 6th, 2010. With a diverse professional background, the first-year students came from private businesses, IP service industry, and public organizations. Globally well-known companies—Samsung Electronics, LG Electronics, and the Pohang Iron and Steel Company (POSCO)—and mid-sized companies have offered scholarships to support the new M.S. Program. Business and industry in Korea have recognized the increasingly important role of intellectual property in a modern economy and showed a strong interest in developing workforce specialized in subjects such as, but not limited to, patent law, copyright and designs law, trade mark law, unfair competition, anti-trust law, competition law, and trade secret law. Prosecutor Chan-Gi Na from Seoul Central District Prosecutor’s Office said, “I’ve applied for the master program at KAIST because I wanted to learn more about intellectual property in greater depth. Through the coursework, I hope to enhance my knowledge on the subjects and use it for the protection of Koreans’ IP related rights and the development of our nation’s IP industry.” Assistant Manager Jin-Hong Bae from Samsung Securities, Inc. said, “Since the capital market law becomes effective, the need for developing new financial products or services in our finance market has rapidly grown. We no longer can make our financial products by simply copying or ripping off ideas from others. It’s a must practice, not an option, to set up a system under which we are able to protect our IPs.” “I would like to become an expert in our finance market, who really knows how to commercialize intellectual property assets into benefits, so any know-hows or ideas accumulated from years of working in the field can be registered and protected,” added Mr. Bae. KAIST’s Mater Program for intellectual property is designed for engineers who wish to acquire the skills required to play a leading role in the field. These engineers, KAIST anticipates, will establish and execute business strategies to protect intellectual property, generate added values for a company, and effectively respond against patent related claims. The intellectual property will seize up to 90% of business values to be generated in the 21st century. KAIST has long foreseen the need for training top-notch engineers in intellectual property. Combined with multidisciplinary approach to engineering, law, and management, the new M.S. Program will provide students with a variety form of classes to assist them in getting a practical knowledge as needed based on their interests and career aspirations. Examples of the classes are workshops on the change in technology trends—i.e., information technology (IT), environmental technology (ET), and bio technology (BT); standardization of intellectual property and value assessment; and patent law related claims. “All professors involved in the course are experts who are equipped with hands-on experiences in working on intellectual property for a long time at government agencies, companies, and law firms,” Professor Chul-Ho Kim, responsible for overseeing the entire program, said. He also expressed his confidence that “We have set up an academic system to induct highly qualified professionals and engineers, capable of handling all aspects of intellectual property related issues, into work places. Our coursework encompasses technology, research and development (R&D), and management, and students who complete the program will be ready to tackle down any intellectual property matters in the 21st century.” Freshmen convocation for the IP M.S. Program is scheduled on February 20th at KAIST, and President Nam Pyo Suh and Commissioner Jung-Sik Koh of Korean Intellectual Property (KIPO) will attend the event.
2010.02.04
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Opening Ceremony Held on February 3, 2010 for Intellectual Property Training Center
KAIST Opened Training Center for Young Entrepreneurs Commissioner Jung-Sik Koh of Korean Intellectual Property Office (KIPO) and KAIST faculty members including Soon-Hong Jang, Vice President of Operations and Kwang-Hyung Lee, Dean of Academic Affairs Office, joined an opening ceremony held on February 3rd, 2010 to launch a training center for the next generation entrepreneurs who will lead the intellectual property (IP) industry in Korea. The training center was built in cooperation with KIPO to educate and support young entrepreneurs and prepare them to become tomorrow’s IP business leaders like Bill Gates of Microsoft and Google’s founders, Larry Page and Sergey Brin. Going through a vigorous selection process, a total of 101 students (51 for intermediate and 50 for advanced level) were chosen last December for an orientation program that will begin February 3rd and continue through February 5th. In addition to the training center at KAIST, KIPO supported to launch another training center at the Pohang University of Science and Technology (POSTECH), which has been up and running since January 27th, 2010.
2010.02.04
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Beginning of First Semester for Academic Year 2010
Welcome Ceremony for Freshmen Held at KAIST on February 1st, 2010 KAIST held a welcome ceremony for freshmen on February 1st, 2010 at an auditorium with an attendance of parents and guests. A total of thousand students enrolled this year to begin their new college career at KAIST. The ceremony proceeded with recitation of the freshmen pledge by student representatives, Yong-Tak Kim (a graduate from Korea Science Academy) and Hyun-Jin Oh (a graduate from Daejeon Science High School) and a welcome speech by President Nam Pyo Suh. At his speech, President Suh introduced to the freshmen a glimpse of new life at KAIST while stressing student development through involvement and leadership opportunities offered by the university. After the welcome ceremony, KAIST Chorus, composed of existing students, performed a celebratory event. There was a meeting organized between school staff and parents as well. During the meeting, the faculty members (Kwang-Hyung Lee from Dean of Academic Affairs Office; Do-Kyung Kim, Dean of Admissions Office; and Kyung-Wook Paik, Dean of Academic and Student Affairs Office) and parents exchanged views on various topics such as educational programs and students’ campus life. KAIST has shortened its winter recess and extended summer vacation to three months instead since 2009. Adopting such an academic calendar, KAIST hopes, will spur students to have diverse opportunities for more experiences beyond the school life.
2010.02.02
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President Nam Pyo Suh of KAIST discussed cooperation with KUSTAR on the training of skilled manpower for research and development (R&D)
Representatives from Korea Advanced Institute of Science and Technology (KAIST), Khalifa University of Science, Technology and Research (KUSTAR), Emirate Nuclear Energy Corporation (ENEC), and the Institute of Applied Technology (IAT) had a meeting on mutual cooperation at the Intercontinental Hotel in Abu Dhabi, the United Arab Emirates (UAE), on January 14, 2009. Participants of the meeting were President Nam Pyo Suh of KAIST, President Arif Sultan Al Hammadi of KUSTAR, President Mohamed Al Hammadi of ENEC, and Director General Abdullatif Mohamed Al Shamsi of IAT. A press conference on the training of skilled manpower for research and development (R&D) in the UAE followed afterwards. At the end of December in 2009, a Korean consortium led by Korea Electric Power Corporation (KEPCO) beat bids from its competitors to construct four nuclear power plants in the UAE. Representing the consortium, Minister Kyung Hwan Choi of Knowledge Economy Ministry signed a comprehensive agreement with KUSTAR and the Institute of Applied Technology (IAT) for the delivery of nuclear power plants. On his visit, President Suh discussed with KUSTAR the agreement above in greater detail on subjects, where KAIST renders its cooperation, such as research collaboration, university degree program, and training to produce qualified personnel necessary for the development of UAE’s nuclear energy industry. On research collaboration, sharing its expertise and knowledge accumulated years from the operation of academic and research programs, KAIST agreed to provide cooperation to KUSTAR in developing the latter as a leading science, technology, and research university in ten years through mutual activities such as research collaborations, recruitment and exchange of outstanding researchers and graduate students, expansion of research facilities, and creation of major research policies. Furthermore, in support of nuclear energy program in the UAE, KAIST agreed to develop a joint research program in nuclear engineering and exchange faculty members and students for research collaboration. On a university degree program, KAIST agreed for mutual cooperation to launch academic programs at KUSTAR, covering BSc, MSc, and PhD degrees to specialize in areas such as mechanical engineering, electrical engineering, nuclear engineering, biomedical engineering, nano technology, science, and information technology. To that end, KAIST will dispatch its faculty to KUSTAR; provide assistance in developing curriculum and teaching materials; and exchange students for research collaboration. President Arif of KUSTAR mentioned that the university will cooperate with the relevant institutions in Korea, i.e., Korea Development Institute (KDI) and the Korea Institute of Nuclear Safety (KINS), to train skilled workers required for the development of nuclear energy program in the UAE. He also added, “These cooperative programs will introduce more educational opportunities to our students, and as a result, they can make greater contributions to the development of our nation’s future technologies in various areas. Our students will have a chance to study a broad range of academic subjects through partnership made with the Republic of Korea, and I expect to see improvements in our engineering programs by integrating KAIST’s state-of-the-art academic courses into our system.” President Arif expressed his hope “to increase cooperation beyond the agreement made between the two countries, like allowing more exchanges and interactions with KAIST for the development of science and technology in Korea and the UAE.” “Establishing mutual cooperation between KAIST and KUSTAR is a historic event not only for our two universities but also for our two countries. The two universities will make a great contribution to the improvement of the future of humanity by working together to solve the most important, difficult issues faced in the 21st century,” said President Suh. He also said that “all members of KAIST community will make our utmost efforts to advance the quality of education in two schools and to implement innovative researches through mutual cooperation.” KUSTAR, a national university in the UAE, was founded on February 13, 2007 by a mandate of the current President Shaikh Khalifa Bin Zayed Al Nahyan to create a higher education institute. KUSTAR has been building its permanent campus in Abu Dhabi, the capital of UAE since establishment and merged with the campus in Sharjah (formerly known as Etisalat University College with 18 years of history) in 2008. The University offers education and research programs in five disciplines of engineering, logistics and management, health science, homeland security, and applied science. There are more or less 30 foreign accredited universities set up in the UAE from countries like the US, UK, Australia, France, Ireland, and Canada. Examples of such, among other things, are New York University Abu Dhabi campus and Middlesex University Dubai campus. Many of the foreign universities in the UAE, however, have colleges of pharmacy, computer science, aviation, management information, fashion design, business management, and medical science including Harvard Medical School Dubai Center, but not many in science and research. Therefore, KAIST’s assistance in KUSTAR’s endeavor to become a leading science and research university in the UAE is timely. The current government of UAE anticipates, with a great interest, to see a leading science and research intuition built in their nation. Attachment: Current Status of Universities in the UAE as of 2009 Background Information The United Arab Emirates (UAE) is a federation of seven emirates (Abu Dhabi, Dubai, Sharjah, Ajman, Umm al-Quwain, Ras al-Khaimah, and Fujairah) situated on the Arabian Peninsula, which borders with Oman and Saudi Arabia. The UAE has the world"s sixth largest oil reserves. As of 2008, its gross domestic product is $2,621,000.5 million and its nominal per capita gross domestic product is $5 5,028, becoming one of the most developed economies in the Middle East. The UAE’s total population as of the said year is 4,760.4 thousand, and its purchasing power per capita is 40th largest in the world. The UAE’s Human Development Index for Asian continent is relatively high, ranking 31st globally. In 1985, the UAE launched its own airline, Emirates Airline, which has become one of the fastest growing airlines in the world. The Emirates Airline is a sponsor for Arsenal soccer club. The Republic of Korea established full diplomatic relations with the UAE in June of 1980. On December 27, 2009, a Korean consortium led by Korea Electrical Power Corporation (KEPCO) signed a contract with the UAE to build nuclear power plants.
2010.01.15
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2010 New Year Message
The State of KAIST in 2009 & 2010: Assessing the Past Year’s Accomplishments and Next Year’s Challenges and Opportunities Nam Pyo Suh President, KAIST January 4, 2010 Summary 2009 was a great year for KAIST, with every member of the KAIST family working to cement KAIST’s position among the world’s leading universities. Faculty, staff and students alike have made unique and important contributions to toward this goal through major advances in research, education, and service. Our work in science, technology, and education will profoundly impact industry and society, in Korea and throughout the world. In addition to achieving major scientific discoveries and developing technologies and processes, our faculty has greatly improved KAIST’s curriculum and pedagogical practices. Many professors have been recognized by many organizations in and outside of Korea in 2009. Our students have contributed to KAIST through their involvement in research and a wide array of extracurricular activities. Our staff has accomplished a seamless merger of ICU and KAIST, in addition to managing a variety of other demanding projects. As a result of all of these contributions, KAIST is a stronger, more dynamic institution today than it was a year ago. In the coming year, KAIST must continue its efforts to become one of the best universities in the world. While building on our previous accomplishments, we will face new challenges. We will have to identify and commence challenging research projects, while continuing to evolve our educational programs. We have several construction projects to complete. And we must continue to expand KAIST’s sphere of influence, collaborating with colleagues around the world. With our dedication to excellence, 2010 will be a productive and intellectually rewarding year. Our past efforts have attracted attention both internationally and domestically. Our progress in education and research has been recognized by international ranking agencies (QS/The London Times) and domestic newspapers. For example, international ranking agency QS listed KAIST 21st in engineering and IT, 39th in sciences, and 69th overall -- from 243th in 2005 and 198th in 2006 – making KAIST the fastest rising university. And domestic newspapers, JoongAng Ilbo and Chosun Ilbo, rated KAIST the top university in Korea. I am personally most grateful to thousands of financial contributors to KAIST, who have enabled us to undertake critical projects, both physical and academic. Thanks to their contributions, KAIST will continue to renovate and innovate in the years to come. Chairman Byung-Ho Kim made the largest gift in 2009, following the important tradition established by Chairman Moon-Sool Chung, Chairman Chong-Moon Lee, Dr. Byiung-Joon Park, Chairman Neil Pappalardo, Professor Geun-Chul Lyu, Chairman Donald C. W. Kim, Dr. Hyung-Kyu Lim, and many others. Their contributions will be remembered for establishing the tradition of philanthropic giving in Korea. KAIST has also been fortunate to receive tremendous support from the Korean government. The government and the National Assembly have enabled KAIST to undertake two ambitious and bold projects: the On-Line Electric Vehicle (OLEV) project and the Mobile Harbor (MH) project. By demonstrating these projects’ success, we hope the government will continue to provide strong support in 2010, as we believe they will yield rich educational, scientific, technological, and economic returns to taxpayers. CY 2009 – A Retrospective Assessment CY 2009 has been a remarkable year for KAIST. We have made great strides in making KAIST into one of the best universities in the world, with a strategy that addresses the most important challenges of the 21st century – in the spheres of energy, environment, water and sustainability (EEWS) – through multi-disciplinary education, research, and technological innovation. The following are the major highlights of the past year (listed in no particular order): Education in 2009 1. Three years ago, KAIST developed educational and research strategies that have continued to evolve and improve. In education, our goals have been to admit the most capable students, to teach synthesis as well as analysis, and to produce graduates who can compete both globally and locally. To achieve the first goal, we have adopted new admissions policies, which have proved effective at bringing some of the best and the brightest minds to KAIST (see 6). Regarding the 2nd goal, freshman students are now required to take the freshman design subject to make them “bi-functional” in both synthesis and analysis. As for the 3rd goal, The Mileage Program continues to broaden the outlook of our undergraduate students. To make our students competitive globally, we have actively recruited international students and faculty and adopted English as the official language of instruction. 2. KAIST has tried to instill a sense of responsibility in our students. To this end, we have asked them to complete their prescribed degree programs within the allotted time. While we emphasize academic achievements, we also believe that health and physical exercise are also important. Therefore, we are constructing a new athletics facility to strengthen our students’ mental fortitude by augmenting it with active participation in sports and through physical exercise. 3. To re-focus our educational and research programs, we have re-organized KAIST into six Colleges and created three new academic departments. The six colleges are: College of Natural Science, College of Engineering, College of Information Science and Technology, College of Life Science and Bioengineering, College of Business, and College of Cultural Science. Four new academic units created in 2009 are the Department of Knowledge and Service Engineering in the College of Information Science and Technology, the Department of Ocean Systems and Graduate School of EEWS in the College of Engineering, and the Graduate School of Nano-Science and Technology in the College of Natural Science. 4. KAIST has also initiated new graduate-level educational programs in a number of fields -- ocean systems, nano-science and technology, EEWS, knowledge and service engineering, intellectual property, science and technology journalism, and Ph.D. education for medical doctors (MDs). We also have received strong support for the WCU programs in a number of fields from the Ministry of Education, Science and Technology (MEST). 5. In addition, we have strengthened our programs in systems and design in order to change the nature of engineering education and the intellectual perspective of the freshman at KAIST. Colleagues who have taught the freshman design course attest that it has achieved its educational goal -- Professors Kate Thompson and Taesik Lee have done a great job making it successful. We have also launched many new programs, including the Renaissance Ph.D. Program under the direction of Professor Dong-Yul Yang. Also, KAIST has two new masters of science (MS) programs – MS in Intellectual Property and MS in Science Journalism – under the leadership of Dean Kwang Hyung Lee. Professor Chul-Ho Kim will direct the MS in IP Program and Dean Kwang Hyung Lee will direct the MS in Science Journalism. 6. KAIST is committed to seeking and admitting talented students. In 2009, we initiated a new process for selecting and admitting the most qualified undergraduate students from normal high schools, in addition to continuing the interview-based admissions process introduced two years ago. Under the new process, the principal of each normal high school (there are roughly 1,300 in Korea) was asked to recommend one student for KAIST. After a preliminary screening by the Admissions Office, followed by an interview at the KAIST campus, 150 students were admitted from this group. (These newly admitted students have been given the opportunity to make up for any deficiencies in mathematics, physics and chemistry by taking on-line KAIST courses. Dean Kwang Hyung Lee created the experimental Bridge Program this year, with over 130 high school students subscribing to complete the final semester of high school education. Mid-term examination results indicated that these students are thriving at KAIST.) This new admissions process supplements the process successfully introduced two years ago, in which students are admitted based on interviews and high school grades only – a change that has proved of great interest to other universities in Korea. Using this process, KAIST will admit an additional 850 students from the Science High Schools, the Korea Science Academy, and normal high schools. The composition of the incoming 1,000-student freshman class is consistent with the goals established in the Five Year Plan. 7. KAIST has signed several agreements with universities and research institutes abroad for student exchanges, dual degree programs, and post-doctoral studies. In 2009, international students from 72 countries studied at KAIST. KAIST has also sponsored two recent Ph.D.s as post-doctoral fellows at the NASA Ames Research Center, California, United States. 8. In December 2009, as a part of the UAE-Korea agreement, KAIST agreed to collaborate with the Khalifa University of Science, Technology and Research (KUSTAR), the leading scientific and technological university in Abu Dhabi. Under this program, KAIST will aid KUSTAR with its educational and research programs in a number of fields. There will be an exchange of personnel and research collaboration, in addition to curricula development, establishment of laboratories, and infrastructure strengthening. This program is expected to last about ten years with a major review in five years. Research in 2009 1. KAIST has developed a research strategy that will help it become a leader in the fields of science and technology. This strategy consists of a two-pronged approach: (a) encourage and support Faculty-Initiated Individual Research (FIIR) and (b) undertake concentrated, multidisciplinary, system-scale projects in a few select areas. The most important means of supporting FIIR has been KAIST’s Fellowship, HRHR , and EEWS Programs. To balance FIIR projects, KAIST has supported multi-disciplinary group research through the KAIST Institutes (KI) and also the EEWS Program. 2. KAIST has also provided start-up funds to new faculty members for equipment and other scholarly activities (rather than using the funds to support graduate students, since many of our incoming students are provided with fellowships). 3. In basic research, our professors and students have made important advances in sciences (e.g., mathematics, biology, chemistry, and physics). In technological innovation, KAIST has developed many new processes and technologies (e.g., applied biochemistry, biochemical processing, robotics, On-Line Electric Vehicle (OLEV), Mobile Harbor (MH), semiconductor processing, IC design, electronic packaging, fuel cells, optics, propulsion, complex systems, ship insulation, nanotechnology, and many others). These research contributions will gain international recognition as their results become better known and widely used. 4. To promote research collaboration between KAIST and leading European universities, the Office of External Affairs organized a trip to Europe. Five professors, Dean Yong-Taek Im, two students, and I visited four leading European universities – Technical University of Denmark, Delft University of Science and Technology, RWTH Aachen University, and Ecole Polytechnic/ ParisTech. On this trip, Professors Jie-Oh Lee and Yong-Mahn Han presented their work in biological chemistry and stem-cell research, respectively, and Professors Joong-Myeon Bae, Kyung-Cheol Choi, and Otfried Cheong presented their work on fuel cells, displays, and combinatorial geometry, respectively. These visits clearly indicated that KAIST is at the forefront of science and technology. 5. The OLEV and MH Projects are large, multi-disciplinary R&D projects specially funded through the 2009 Supplementary Budget. The goal of the OLEV Project, headed by Professor Dong-Ho Cho, is to eliminate internal combustion engines in order to lower CO2 levels in the earth’s atmosphere and to also help Korea reduce its imports of fossil fuels. Many professors and research staff members (Professors Chun-Taek Rim, Joung-Ho Kim, In-Soo Suh, Yong-Hoon Jeong, Hang-Ki Lee, and others) have worked on this project. A company named OLEV&E Company was established by the KAIST Development Foundation to attract industry involvement and accelerate the commercialization process as stipulated by the government as part of the 2009 Supplementary Budget. CEO Chung-Goo Lee, the former CEO of Hyundai Motors, is heading this commercialization effort. KAIST has developed OLEV buses and cars that draw electric power and recharge a small battery system from underground cables without any mechanical contact to power electric motors. The efficiency of power transmission is over 72% and the electromagnetic force (EMF) is well below specifications. This system is being installed in Seoul Grand Park. We have filed for many patents. 6. The goal of the Mobile Harbor project is to create “moving harbors” that can load and unload containers to and from large container ships and deliver them to small as well as large harbors -- the central goal being to eliminate the need for large, deep-water harbors by making “mobile harbors” that can go out to ships moored in deep waters. The team headed by Professor Byung-Man Kwak has demonstrated the viability of the original technology. Many professors – Professors Yun-Sik Park, Jun-Ho Oh, Gyung-Jin Park, Taesik Lee, Soon-Heung Han, Soo-Hyun Kim, and others -- have contributed to this project. The CEO of the Mobile Harbor Corporation, Daniel C. S. Ahn, and his team directed the design of two large mobile harbors, which will be submitted for certification for commercial use. We have many patents filed. (It should be noted that initially, the OLEV and MH projects were supported by the EEWS project, the HRHR Initiatives, and KI.) 7. The EEWS has funded 24 projects related to 10 critical topics in EEWS: Solar Energy, Photosynthesis and Carbon Capture & Storage, Fuel Cell, Bio Fuel, Battery and Green Car, Safe Nuclear Energy, Enhancing Energy Efficiency, Environment Monitoring and Recovery, Sustainable Manufacturing and Building, and EEWS Strategies. 8. A number of the KAIST Institutes (KI) have been gaining momentum. The KI for IT Convergence, which has a great number of faculty members from many disciplines, is conducting joint research projects. The KI for Design of Complex Systems has developed complex insulations systems for special-purpose large vessels. There are many other achievements that will be noted in a more expanded report. Merger We have successfully merged ICU and KAIST to forge stronger programs in IT. This strengthened group at KAIST has initiated new research and education in IT. We also accepted the operational responsibility for the Korea Science Academy to foster creative and intelligent high school graduates, especially those interested in science and engineering. Construction of New Buildings and Facilities We are constructing several new buildings: the Chunghi and BJ Park KI Building for multidisciplinary research; the Pappalardo Medical Center; the Sports Complex; the International Center; an apartment complex for international faculty; and dormitories for students. We have also renovated many buildings (e.g., the student dining facilities). In addition to the seven new buildings under construction now, we will be building several new buildings: the Kim Byung-Ho IT building, the Second Chung Moon-Soul Building for Brain science and Engineering, and an Animal Facility. Construction will begin soon. Faculty 1. As of December 2009, KAIST has 548 tenure-track professors and 322 non-tenure track professors. Of these, 39 are international faculty (including 20 Korean-Americans) and 34 are female. Our goal is to increase our international and female faculty to 20% each. 2. KAIST has appointed 56 outstanding new faculty members, including 15 international and 8 female members. The quality of these faculty members is exceptionally high. The search committees and department heads should be commended for an excellent recruiting job. 3. We have a truly outstanding faculty. Many members are known nationally and internationally for their contributions, and continue to receive awards for their work. Many of the young professors who recently joined KAIST are among the most outstanding scholars in their respective fields, showing much promise for KAIST’s future. Students 1. In 2009, KAIST had 3,766 undergraduate students and 5,029 graduate students (2,456 MS candidates and 2,573 Ph.D. candidates). We have 289 more undergraduate students than we should have had, as these students have not completed all the requirements for their undergraduate degrees within the standard time frame. It is important that our students learn to complete their studies within the time allocated for their degrees, and for that matter, for any task. In order to encourage our graduate students to complete their formal academic training as soon as possible and assume long-term career paths, we have imposed a time limit for their tenure as graduate students. 2. To encourage students to finish their undergraduate studies in four years, we have instituted a tuition system that requires all students, regardless of GPA, to pay full tuition if they do not finish their undergraduate degrees within that time frame. MS students and Ph.D. students who do not finish their degree in two and five years, respectively, are also required to pay partial or full tuition. The Pappalardo Medical Center With the financial support of Chairman and Mrs. Neil Pappalardo, we are constructing the Pappalardo Medical Center. The purpose of the Pappalardo Medical Center is to provide primary care to KAIST family members -- students, staff, professors and their families. The Pappalardo Medical Center will be increasingly important as we have more members of the KAIST family who do not speak Korean. Thanks to the efforts of Professor Ook-Joon Yoo, Dean for the Graduate School for MD/PhD Program and the Director of the Center for Bio-Medical Research, the Pappalardo Medical Center will be dedicated in May 2010. Professor Yoo will soon be hiring medical and support staff for the medical center. Meetings, Conferences, and Workshops KAIST hosted many conferences and workshops in 2009, including the Second International Presidents Forum (IPF) and the International Workshop on EEWS. Hosting such events has served many important functions – increasing global visibility, teaching best practices, creating inter-personal connections, fostering financial support, and building good will throughout the world. In Recognition of the Special Support of Government Most of the new programs in education, research, and infrastructure construction described above have received strong budgetary support from the government. The top leaders of the Korean government have given us opportunities to explore bold new concepts in science and technology through the General Appropriation of the Budget and the special Supplementary Funding of 2009. We are grateful for their support. I am personally grateful to President M.B. Lee for his support of the OLEV and the Mobile Harbor Projects. Awards and Achievements of the Faculty Our colleagues have received many awards as follows: - Professor Jung Woong RA is the recipient of the Korean Engineer Award. - Professor Seong Hwan CHO won the Best Thesis Award from IEEE Transaction on Circuits & Systems. - Professor Chang Hee LEE was elected as IEEE Fellow. - Professor Seung Hyup YOO was awarded an Outstanding Poster Award at the 9th International Meeting on Information Display. - Professor Kyung Cheol CHOI received Outstanding Poster Award at the 9th International Meeting on Information Display - Professor Joung Ho KIM received Best Student Paper Award at the 18th Electrical Performance of Electronic Packaging and Systems. - Professor Gun Woo MOON was awarded the Best Paper Prize at 2nd International Telecommunication Energy Conference. - Professor Kwang Jo KIM received an Award from the President of Korea for his service in Information Security. - Professor Kyu Young WHANG was elected as ACM Fellow. - Professor Dong Man LEE received the Distinguished Service Award from Korea Internet & Security Agency. - Professor Dong Jun KIM is the recipient of Microsoft Young Professorship Award. - Professor Sung Eui YOON received the Distinguished Paper Award from Pacific Graphics Society. - Professor Jae Hyuk HUH received the Distinguished Paper Award from Pacific Graphics Society. - Professor Sue Bok MOON won the Female Scientist Award from Amore Pacific. - Professor Byoung Kyu CHOI was awarded the Order of Merit for Science Technology (Ungbi Medal) as well as the Korean Engineer Award. - Professor Ha Yong SHIN received Gahun Academic Award from Gahun Foundation for Science and Technology. - Professor Hark HWANG is the recipient of Young Scientist Prize of the International Conference on IML 2009 and Symposium on GT/CM 2009. - Professor Myung Suk KIM won the Korea Robot Award from the Minister of Knowledge Economy. - Professor Sang Min BAE received Good Design Award. - Professor Youn Kyung LIM is the recipient of Microsoft Young Professorship Award. - Professor Hyeon Jeong SUK was awarded the Best Thesis Award of International Journal of Sensibility Engineering. - Professor Sung-Chul SHIN was awarded the National Academy Sciences Award of 2009 by the National Academy of Sciences, Republic of Korea. - Professor Wonho CHOE was awarded KSTAR Merit Award of 2009 by the Ministry of Education, Science and Technology. - Professor Kee Joo CHANG was named as the Fellow of 2009 by the American Physics Society. - Professor Sangil OUM was awarded TJ Park Bessemer Science Scholarship. - Professor Suh-Hyun CHOI was awarded Amore-Pacific Frontier Award. - Professor Jinhyun PARK was awarded Sangsan Young Mathematician Award. - Professor Hyotcherl IHEE was awarded Distinguished Lectureship Award by the Chemical Society of Japan. - Professor Juhyoun KWAK was awarded Q.Won Choi Academic Award by the Korean Chemical Society. - Professor Ryong RYOO was awarded Creative Knowledge Awards by KISTI. - Professor Changyoung IM was awarded the Order of Service Merit, Red Stripes, from the government. - Professor Tae Gwan PARK was awarded the Clemson Award from the Society for Biomaterials, USA, the highest honor in biomaterials research field in the world. - Professor Tae Gwan PARK was also awarded the first Creative Knowledge Award from the KISTI, selected as one of most highly cited six Korean scientists for the past 10 years. - Prof. Chulhee CHOI was awarded the Minister Prize for Excellence in University-Industry Cooperation from MEST, Korea (2009. 11. 5); Selected as one of the 60 best researchers in 2009 by the National Research Foundation, Korea. - Prof. Jung Kyoon CHOI was awarded the TJ Park Bessemer Science Fellowship (Junior Faculty). - Prof. Jong Chul YE was awarded the Best paper award, Korea Society of Human brain mapping conference (2009); A Winner of Recon Challenge, Data Sampling and Image Reconstruction, ISMRM Workshop Series (2009. 1); Invited Guest Editor for Special Issue of “Compressed Sensing Signal Processing,” Journal of Korea Institute of Electrical and Electronics Engineer (KIEE). - Prof. Young-Ho CHO was awarded the Grand Prize for Pre-CEO (DAEDEOK INNOPOLIS). - Prof. Jaeseung JEONG was awarded the "2009 Young Global Leaders" selected by World Economic Forum (a.k.a. Davos Forum). - Prof. Dongsup KIM was awarded the best performance in the SH3 section of the DREAM4 Peptide Recognition Prediction challenge. - Prof. Hee-Seok LEE, Ji-Young YOON and Se-Hee HAN received Best Paper Award, the Knowledge Management Society of Korea. - Prof. Tong-Suk KIM and Byoung-Kyu MIN (student) received the 3rd Financial News & KAFA Doctoral Student Dissertation Award. - Professor Kwang-Woo PARK received Best Bank Management/ Investment Bank Award, Shinhan Bank & KAFA (Korean American Finance Association). - Prof. Byung-Tae LEE and Chang-Woo SUH (student) received Excellence Paper Award, The Korea Society of Management Information Systems 2009. - Prof. Su-Jin LEE received Best paper award (CM Division Best Empirical/Theoretical Paper Award), the Academy of Management Conference 2009. - Prof. Steven JORDAN was awarded 1st place prize for the best paper award at the 2009 FMA Asian Conference, the CFA institute. - Prof. Seung-Kyu RHEE received Excellence paper award, The Korea Production and Operation Management Society. - Prof. Young-Gul KIM (7th), In-Goo HAN (12th) and Jae-Kyu LEE (19th) were ranked as High Impact IS Papers and Researchers in the Pacific Asia Region, AIS(Association for Information Systems). - Prof. Jae-Min JUNG named as Best translator, The Korea Association for Broadcasting & Telecommunication Studies (KABS). Gifts and Donations from Generous KAIST Supporters KAIST has been extremely fortunate to receive generous financial support from many leaders, alumni, friends, and supporters. In just a few years, the number of donors has increased from a few hundred to over 3,000. In 2009, KAIST received major gifts from supporters: Chairman and Mrs. Byung-Ho Kim donated 30 billion won, Chairman and Mrs. Donald C.W. Kim of Hawaii donated US$1 million, Chairman Hui-Yul Bae of Japan provided a 1 billion won gift, alumnus Dr. Hyung-Kyu Im, President of Samsung, gave a second gift of 200 million won, and the family of Seung-Yul Chung donated 100 million won. There have also been many generous donors too numerous to list. As we look ahead at fundraising goals, KAIST is still in need of 20 billion won to support its Sports Complex, after a generous donation of 5.6 billion won from Woori Bank and POSCO. Board of Directors The Board of Directors (BoD) is the governing body of KAIST. It sets the policies, approves appointments and the budget, and selects and appoints the President of KAIST. The support of the Board is essential in planning and executing KAIST programs. The new chairman of the BoD is Dr. Moon-Soul Chung, the Board’s longest serving member. In 2009, joining the esteemed group, many outstanding leaders joined as new board members. New members include Mr. Donald C.W. Kim, the former Chairman of the Board of Trustees of the University of Hawaii and CEO of AMKOR A&E; Dr. Chong-Moon Lee, the Chairman of Ambex; Dr Byiung-Jun Park, the Founder and former CEO of MTL, Inc.; Dr. Geun-Chul Lyu, Professor Emeritus at Moscow Technological University; Attorney Joo-Myung Whang, the former Chairman of the Board of Trustees of ICU. New Appointments in the Administration Professor Minho Kang, a professor in the Department of Electrical Engineering, has been appointed as the Vice President in charge of the newly established IT Convergence Campus. We have two new academic deans. Professor Dong Won Kim has been appointed Dean of the College of Cultural Science. Dean Kim, who received his Ph.D. from Harvard University, is a specialist in the history of science. He succeeded Dean Young-Hae Noh, who did an outstanding job leading the College for three years. Professor Ravi Kumar is the new Dean for the College of Business, succeeding Professor Byung-Hoon Ahn, who was the original founder of the College of Business in Seoul campus. Dean Kumar has a Ph.D. from Northwestern University and was formerly an Associate Dean at the University of Southern California. Professor Do Kyung Kim, a professor of materials science, is now the Dean of Admissions, a newly created position. Professor Dong-Ho Cho is the Director of the OLEV project. He is also the Director of KI for IT Convergence and the KT Chair Professor of Electrical Engineering. Dr. Chung-Goo Lee has assumed the position of the CEO of the OLEV&E Company, which has the task of commercializing On-Line Electric Vehicles. He also has an appointment as a KAIST Distinguished Professor of Practice. Professor Byung Man Kwak of the Department of Mechanical Engineering, is the Director of the Mobile Harbor project. Dr. Daniel Choong-Seung Ahn was appointed to be the CEO of the Mobile Harbor Company, a unit set-up for the commercialization of Mobile Harbors. He also has an appointment as a KAIST Distinguished Professor of Practice. A number of our colleagues assumed new functions for KAIST as well. They are as follows: Professor Han, In-Goo – Senior Associate Dean, College of Business Professor Kim, Bo-Won – Dean, KAIST Graduate School of Management Professor Kim, Young-Gul – Associate Dean, College of Business Professor Yang, Tae-Yong – Dean, Graduate School of Innovation and Technology Management Professor Park, Chul-Soon – Head, Department of Information Communication Engineering Professor Yoon, Wan-Chul – Head, Department of Knowledge Service Engineering, Professor Lee, Duk-Joo – Head, Department of Aeronautics and Astronautics Professor Kang Jeung-Koo – Head, Graduate School of EEWS Professor Shin, Joong-Hoon – Head, Graduate School of NanoScience and Technology Professor Joong-Myeon Bae – Director, KAIST Institute for Eco∙Energy Professor Kim, Chul-Ho – Head, Intellectual Property Program CY 2010 – Challenges and Opportunities In 2010, we must continue to pursue the ultimate goal of making KAIST one of the best S&T universities in the world. This goal can be achieved through effective education and research. KAIST must offer educational programs that produce future leaders. The basic research done at KAIST should shape the future development of human knowledge and society, and the technologies developed at KAIST should be innovative enough to solve important problems in the 21st century. The plans of our colleges, departments, and KIs are attached in the Appendix. We should refine and modify them in 2010 with the ultimate goals of KAIST in mind. Education in 2010 and beyond In 2010, we should continue to improve our educational programs. We should further strengthen the Renaissance Ph.D. Program to be sure that KAIST produces engineers and scholars with advanced degrees, who can deal with both the design and analysis of complex systems. At the same time, we should strengthen undergraduate subjects that deal with design, following the successful development of the freshman design subject. We should review our curricula to be sure that it is more codified, streamlined and simplified to make learning more effective and productive. It might benefit some students if we can teach them the essences of their chosen fields while providing enough flexibility for broad educational experiences and independent learning. Developing new subjects (or courses) is intellectually and physically demanding. Yet it is a necessary function of leading universities. We should recognize our major innovative contributions to education just as we do our innovative research. Our students should finish their degrees within a reasonable period of time. Staying in school longer than necessary is a waste of both human talent and financial resources. Our students will find their true innate capabilities when they leave KAIST and pursue their careers. No one benefits by unnecessarily prolonging formal education. Certainly, the taxpayers should not be asked to bear the financial burden when a student is lax in fulfilling his or her share in the educational process. KAIST should develop new educational materials, methods, aids and tools. The distance learning/teaching program – the Bridge Program initiated by Dean Kwang Hyung Lee to teach the high school students admitted to KAIST before they actually enroll at KAIST – is a good example of how modern IT can be used to increase the effectiveness and productivity of education. Research – Basic Research Basic research in science and engineering is the intellectual sustenance of research universities. Most basic research is often initiated and executed by individual professors, researchers, and students. They come up with ideas and seek answers to the problems posed. In addition to pursuing independent individual research, we must foster multi-disciplinary research at the interface between disciplines where rich intellectual issues and questions lie. KAIST as a leading research university must support the multi-disciplinary research conducted by a group of researchers from many disciplines. To achieve this goal, the KAIST Institutes (KIs) are providing both intellectual leadership and major new facilities. At this time, there are eight (8) KIs. They are concerned with energy, IT, nano-science, bio-science, environment, water, materials, and design. A new building is being constructed to better accommodate these activities. We must constantly seek new ideas and problems that can yield rich intellectual dividends. Among the new multi-disciplinary subjects are brain research and high resolution MRIs. Research -- Technology Innovation At the opposite end of the research spectrum from basic research is technology innovation. A couple of major examples of technology innovation we have undertaken recently are the “on-line electric vehicle” and the “mobile harbor” projects. Another example is the new process of converting natural bio-products into polymers, which was the invention of Dean Sang-Yup Lee. We need to constantly probe new areas and problems that are ready for major technological innovations. We have been asking how we can reduce the CO2 generation by jet engines and save 20% of the fuel consumed by current commercial airliners. While we have come up with a couple of ideas, nothing concrete had been developed. (Recently, other research has disclosed that a way of improving fuel efficiency of jet engines is to uncouple the speed of the fan from the compressor in turbojets. This shows that we have been probing the right questions.) There are many other topics we could consider. We need major innovations in generating, handling, and using hydrogen. We also need new innovations in energy storage such as more efficient, lightweight batteries that can store and discharge electric energy at a much faster rate. We also need to develop medical diagnostic tools and systems for various heath related problems. To encourage creative thinking and technology innovation, KAIST has been supporting HRHR (High Risk/ High Return) projects. We also have the EEWS funding to come up with major solutions for problems related to EEWS. KAIST faculty, staff and students should be encouraged to identify major problems that require technological innovations. New KIs In 2010, KAIST Institutes will consolidate, improve, and expand many of the programs we have initiated in 2009. We also hope to launch new multi-disciplinary units – the KAIST Institute for Theoretical Studies and the KAIST Institute for Brain Research. We should also consider closing down some of the existing KIs if they are no longer needed. Globalization of KAIST Education Other countries have approached us about transplanting our educational programs to their countries. This is in recognition of the fact that Korea’s rapid growth during the past three decades is in large part due to Korea’s high educational standards and strong universities. Our new initiative with KUSTAR of Abu Dhabi should set an important milestone in expanding the global activities of KAIST and encouraging its growth. Graduation Exercise In February 2010, we are looking forward to holding graduation exercises in the new Sports Complex. This project was partially funded by Woori Bank and POSCO. This will surely reduce the anxiety level of Dean Kyung-Wook Paik, who is in charge of the graduation exercise, as in the past the Committee for Graduation Ceremony had to monitor the weather, as the ceremonies were held in KAIST’s outdoor amphitheater. We were fortunate that the weather cooperated the last few years, and we were pleased that President M.B. Lee delivered a memorable graduation address that was warmly received by our graduates and guests. Construction In May 2010, we will dedicate four new buildings, in addition to the Sports Complex: the Chunghi and BJ Park KI Building, the Pappalardo Medical Center, and the International Center. We are hoping that we will soon have a major donor for the Sports Complex as well. We will also complete the new apartment complex for international faculty and two dormitories for students in 2010. These buildings will help in reduce the pressure for accommodation for faculty and students. In 2010, KAIST will build several new buildings to accommodate new research and educational programs. We will build the Chung Moon-Soul Building II for Brain research and education, the Kim Byung-Ho IT Building, Animal Facility, and a new Natural Science Building. These buildings should be ready for occupancy in 2011. The new Kim Byung-Ho IT Convergence Center should incorporate futuristic IT technologies. Several of our old buildings were built more than 20 years ago. They are in urgent need of complete remodeling and renovation. We are hoping to convince the government that these buildings should be completely renovated to reduce the endless repair costs that are currently being incurred to maintain the minimal functions of the buildings. The cost of the renovation is estimated to be 80 billion won. Academic Programs by Colleges and Departments Departments, colleges and programs have developed their own plans for 2010, which are attached to this report. These plans will be refined in 2010 once we have a firm budget from the government. Finance and Budget In the past, without a full-time CFO, KAIST’s sizable finances were challenging to administer. On January 1, 2010, Mr. Cho, Koog-Jun, with his deep experience in finance and banking, will become the first CFO of KAIST. He will oversee all aspects of finance, including the budget, outsourcing, and expenses associated with major projects. A major concern for KAIST is the future of its government support. KAIST’s budget increased during the past three years because of the special funding of special projects such as the Globalization Project, the EEWS program, the WCU program, the OLEV Project, and the MH Project. However, KAIST’s base budget has not increased at a rate commensurate with its successful educational and research programs. In order to achieve its goals, KAIST must receive substantial increases in its base budget in the future. Issues Related to Faculty Our Five-Year Plan was based on the idea that the number of KAIST’s tenure-track faculty would grow to about 700, so that KAIST can be competitive with the best universities in the world. In the past three years, 150 new professors joined our faculty. Even with the merger of ICU and KAIST, we now have only about 550 tenure-track faculty members, far short of where we should be. During the next 10 years, about 34% of the faculty will retire, and in 15 years, about 54% of the faculty will retire. This high retirement number is a result of the faculty’s skewed age distribution, caused by the merger of relatively new institutions, i.e., KAIS, KIT, and ICU. To overcome the problems associated with this loss of faculty, we must do the following two things: (a) extend the retirement age of some key faculty members and (b) add many more young professors and eminent scholars to the ranks of our faculty. Our current thinking is that we should extend the retirement age of about 15% of our faculty members to age 70, but careful planning is necessary to implement such a policy. Sejong City In January 2009 (well before the current controversy surrounding the relocation of the government), KAIST and the government signed an MOU, which stipulates that KAIST will purchase 490 thousand Pyung of land in Sejong City. Our plan is to establish a Research Hospital, the College of Life Science and Bioengineering, the Graduate School of Public Policy for Science and Technology, Research Centers for Green Technologies (OLEV, MH, and EEWS), an Apartment Complex for Faculty and Staff (for purchase), and a Convention Center for International Conferences. The government agency in charge of developing the city will be installing OLEV bus lines in the city. The land we have agreed to purchase is adjacent to the widest section of Guem Gang River. It is a prime piece of real estate. KAIST will be able to establish a beautiful campus there, where our students and faculty can enjoy nature while pursuing scholarly and educational activities. K-12 Education As we recruit more faculty and staff from abroad, secondary education for their children will become an issue that must be addressed. Because an acceptable agreement with a local international school could not be arranged, we have decided to establish a K-12 school on the ICC campus. We hope to incorporate the school in 2010 and to begin to teach in 2011. Our K-12 school will be similar to the one started by Handong University. We wish everyone a Happy New Year!
2010.01.07
View 21048
KAIST to Host ITTP Conference in Tunisia
KAIST"s Global IT Technology Program (ITTP) will host an international conference at Hammamet Hotel in Tunisia in cooperation with its counterpart at Seoul National University (SNU) on Nov. 23, university authorities said on Wednesday (Nov. 18). The event is a pre-conference for the ICT4All Forum on Nov. 24-25 which the Tunisian government is organizing with the ADB, World Bank, Arab Society for Intellectual Property and the UTICA to deal with developing information and communication technologies. KAIST"s ITTP which started in 2006 is designed to build global network of IT leaders around the world. The program supported by the Korean Ministry of Knowledge and Economy offers a customized master"s and doctoral degree program for foreign government officials, employees of public institutions and senior researchers at national research centers working in the IT fields. Scholarships are provided for all trainees, for up to 2 years for master"s students and up to 3 years for doctoral students. The program focuses on transferring advanced technologies and business strategies of Korea to the global IT leaders of the next generation. During the conference, seven government officials from as many countries currently under the KAIST or SNU programs will present international cooperation cases based on their own experiences in the IT fields. KAIST ITTP organizers will also provide an educational session on the mobile government for Tunisian experts and conference participants in the information and communications fields.
2009.11.20
View 12729
Int'l Telematic Music Concert for Peace to Take Place on Nov. 20
Renowned musicians in five international locations perform new contemporary music works for peace through a real-time performance on the internet. Local audiences in Seoul, Banff, New York, San Diego and Belfast will also have a chance to hear a program. In Seoul, the "International Telematic Music Concert for Peace" will be held at the LeeHaeRang Art Theater, Dongguk University, in Seoul on Nov. 20 at 9:30 a.m., under the presentation of KAIST"s Graduate School of Culture Technology and MARTE Lab, Dongguk University. Telematic music is real-time performance via the internet by musicians in different geographic locations. The program of the concert includes "Hope"s Dream" by Mark Dresser and Sarah Weaver; "Disparate Bodies" by Pedro Rebelo, "Rock, Paper, Scissors" by Chris Chafe. The Korean act to be performed is "Green-colored Harmony" by Jun Kim. In addition to the two Korean universities, the World Association of Former United Nations Internes and Fellows (WAFUNIF), University of California San Diego, the Banff Center of Canada and Queen"s University in Belfast are participating in the project. The performance will take place on high-bandwidth internet with JackTrip audio software developed by Chris Chafe and Access Grid video software developed at Argonne National Laboratory. "Connecting the five different cities together through super-speed Internet network and transmitting sound and images in real time is challenging technically. But, we also expect that more exciting results will be created in the course of transforming the sound into visual images," said Woon-Seung Yeo, a professor of the Graduate School of Culture Technology, who was responsible for visuals in the project.
2009.11.19
View 12345
KAIST to Join Forces with Northwestern School of Law in MIP Program
KAIST has agreed to collaborate in its Master of Intellectual Property (MIP) program with Northwestern University School of Law, the university authorities said on Wednesday (Nov. 11). KAIST President Nam-Pyo Suh and Northwestern Univ. School of Law Dean David Van Zandt signed a memorandum of understanding for the establishment of the certificate and degree programs of the Anglo-American law in February 2010, at the president"s office Wednesday. The latest agreement represents an expansion of the existing KAIST-Northwestern Executive LLM program that the two schools have successfully operated for the past eight years. It is aimed at boosting KAIST"s global intellectual property capabilities at a time when the strategic management of intellectual properties and capabilities to deal with international intellectual property disputes are gaining growing importance. The newly-established two-year, six-semester program is designed to offer a certificate program in the Anglo-American and intellectual property laws to make students better armed with legal knowledge in a competitive global environment. Northwestern University School of Law is regarded as one of the top law schools in the United States. American law schools are better positioned than any other institutions to prepare students to move from domestic to international practice in today"s complex global economy. LLM is Latin for Legum Magister, signifying Master of Laws . course and neto ba ... signing an agreement to run a joint masters degree program at the KAIST campus in Seou
2009.11.19
View 11950
KAIST, CJ Sign MOU for Joint Research in Fundamental Technologies
KAIST and CJ Corporation, Korea"s leading foodstuff maker, have reached an agreement for an enhanced industry-academy cooperation in the biotechnology area, the university authorities said on Tuesday (Nov. 10). KAIST President Nam-Pyo Suh signed a memorandum of understanding with Kim Jin-soo, CEO of CJ, at the KAIST campus on Tuesday (Nov. 10). Under the agreement, KAIST and CJ will cooperate in nurturing elite research manpower and conducting joint researches in fundamental technologies. Specifically, CJ researchers will suggest research subjects linked with doctorate programs to KAIST, and once these subjects are accepted by KAIST, CJ researchers will conduct research under the guidance of KAIST professors to get doctorate degrees. All the costs including research expenses incurred during the program will be provided by CJ. The agreement also calls for CJ to provide funding for the research subjects it selected among the ones suggested by KAIST"s biotechnology professors. CJ CEO Jin-Soo Kim said: "Through the joint researches with KAIST which has the highest research capabilities, CJ can strengthen basic research capabilities and secure elite research manpower. We hope that the KAIST-CJ partnership will become a successful model for cooperation between industry and academia."
2009.11.11
View 11224
KAIST Signs MOU with Macquarie for Cooperation in Green Growth Projects
KAIST and Shinhan Macquarie Financial Advisory Co. have reached an agreement for cooperation in the development and commercialization of the KAIST-led two national green growth projects, On-line Electric Vehicle (OLEV) and Mobile Harbor (MH) programs, university authorities said. KAIST President Nam-Pyo Suh signed a memorandum of understanding with John Walker, Chairman of Macquarie Group of Companies in Korea, and Woo-Gon Hwang, Representative Director of Shinhan Macquarie Financial Advisory Co. on Wednesday, Oct. 21. Under the agreement, KAIST and Macquarie will cooperate in developing an optimal business structure for a rapid commercialization of OLEV and MH. Specifically, Shinhan Macquarie Financial Advisory will provide financial advice, including basis financial analysis, potential investor inducement and feasibility analysis of the projects. Shinhan Macquarie Financial Advisory Co. is a joint venture between Shinhan Financial Group of Korea and the Australia-based Macquarie Bank Group which provides global investment banking and diversified financial services. KAIST"s OLEV is a project to develop a new growth engine for Korea and lead the future of global automotive industry. It is an entirely new concept: the electric vehicle picks up power from underground power supplier lines, while either running or standing, through the non-contact magnetic charging method. The MH program is designed to develop a system that can load/unload containers from a containership in the open sea and deliver them to their destinations at the harbor. The Korean government has included these KAIST projects, which both are great technical and engineering challenges, in the nation"s sustainable growth programs, providing substantial research grants. KAIST offers its advanced research capabilities for the nation"s efforts to achieve efficient, environment-friendly utilization of resources as new growth engines that spur the development of related industries and explore global markets.
2009.10.22
View 13224
KAIST Wins Official Membership of ERCIS
The Center for Software Policy Study of KAIST has recently become the 20th official member of the European Research Center for Information Systems (ERCIS) by signing an agreement with the organization, university authorities said on Thursday (Oct. 22). The ERCIS is a network of scientists who conduct cooperative research in the field of integrated information systems development and organizational design. The Center undertakes interdisciplinary research with the participation of computer scientists, business management experts and law scholars. KAIST will seek to activate exchange of professors, research fellows and graduate students with ERCIS members, as well as implementing credit exchange and dual degree programs. ERCIS, was first organized by the German state of North Rhine-Westfahlia, is currently managed by the University of Muenster, a global leader in the field of information systems and business administration. Joining the ERCIS are one university each from New Zealand, the Netherlands, Germany, Russia, Liechtenstein, the United States, Switzerland, Spain, Slovenia, Ireland, Britain, Austria, Italy, the Czech Republic, Poland, France, Finland and Australia. KAIST"s Center for Software Policy Study is currently preparing for the establishment of a support system for developers of the mobile application software as part of the EUREKA project. Korea is playing a leading role in this project on the strength of its competitiveness in the mobile phone industry. EUREKA is a pan-European intergovernmental network for market-oriented, industrial R&D aimed at enhancing European competitiveness through its support to businesses, research centers and universities who carry out pan-European projects to develop innovative products, processes and services.
2009.10.22
View 12135
National Green Growth Project, Online Electric Vehicle, Showcased on CNN
KAIST"s green growth technologies were broadcast live on U.S. cable news network CNN from 8 a.m. to 9:30 a.m. Oct. 21. The program was part of CNN"s week-long series, titled "Eye on South Korea," focusing on how Korea is working to become a brand leader on an international scale and how the nation is recovering from the global economic recession. During the broadcast, award-winning CNN anchor and correspondent Kristie Lu Stout interviewed KAIST President Nam-Pyo Suh to hear about KAIST-developed two green-growth projects, On-Line Electric Car and Mobile Harbor. KAIST"s humanoid robot Hubo was also showcased. Live broadcasts of "Eye on South Korea" aired from Oct. 21 through 23.
2009.10.21
View 13184
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