Global
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President Shin Shares His Biggest Challenges, Success, and New Mission
President Sung-Chul Shin talks on his biggest challenges, successes, and new mission in an interview with Times Higher Education on June 29. Followings are the full text of the interview.
▶ What are the unique challenges and advantages of being a university in the Asia-Pacific region?
Globalization is definitely the biggest challenge. KAIST has made strenuous institutional efforts to address this issue for decades. Globalization is not just about language issues, especially for an Asian university. There are still lingering cultural barriers. However, we are improving and seeing significant progress. Approximately 85 per cent of our classes are being lectured in English, and my ultimate goal is to make KAIST a bilingual campus for a more globalized environment.
Speaking of advantages, we can recruit top-quality students from neighboring countries.
▶ What role do universities have in creating social equality?
I strongly believe that education is an essential means of empowerment and social mobility. KAIST has diligently promoted policies to help ensure greater diversity, without discriminating against anyone’s talents on the basis of gender, race, or background.
We implement an equal opportunity admission system, with special consideration given to the underprivileged, geographically-excluded groups, North Korean refugees, and many other disadvantaged groups. We recruit five percent of our freshmen from these groups under our admission system annually.
As for the gender gap, our female student population is now over 25 per cent, and we expect in the very near future the ratio will increase up to 30 percent. However, female faculty ratio stands at around 10 per cent, so we will attempt to double the ratio soon.
In addition, we work to emphasize social responsibility to our students. They are a privileged group, so they should be responsible for giving back their knowledge and talents to society in diverse ways. I am very glad that many of our students engage in the social entrepreneurship programs we are running now. That will be fruitful for ensuring social equity as well as making society better.
▶ What is the most important issue affecting your university right now?
KAIST has now emerged as a world-class university and one of the most innovative universities in the Asia-Pacific region. However, building on our new reputation as a "world-leading" university remains a big challenge. As the first and top research university in Korea, KAIST has been the gateway to the advancement of science and technology and innovation.
We are now responsible for taking the lead in creating new knowledge that will make a global impact. This is the momentum we need to make another quantum leap to become the university which creates the most global value.
▶ There is a great pressure in Korea for young people to get into a “top” university. Is this pressure on school students too great?
Traditionally, going to a top school was deemed the ladder to success in life. We went through the economically tough times in which diverse groups of occupations had never existed before. As a result, competition between individuals was incredibly high to get into good school and good company.
It is true that such social pressure occupied thoughts of many young students and their parents. In effect, that was also the driving force for achieving Korea’s economic growth in a relatively short period of time. But things are changing now.
We are living in a complex global economic environment. The number of new occupations creates new knowledge and new types of jobs. Even more, this new era changed the conventional paradigm of jobs and success. Successful careers take collaboration, and one must seek whom to work with, where you fit, and what you will do and how you can reach your potential.
This change of perception has begun to transform the general definition of a successful life. The government and educational institutions are working to reflect new socio-economic trend to maximize students’ creativity and their own uniqueness in many educational institutions.
However, strong competition to get into a top university seems to be a universal problem - as is also the case for the Ivy League in the US and many other regions.
▶ South Korean universities have some of the closest links to industry. Is a lot of your job about building relationships with companies rather than focusing on educational issues?
The relationship with industry is increasingly significant, and collaboration is very important in Korea. It is a crucial source for securing students’ jobs. On top of that, we get research funding from companies and supply the pipeline of new inventions and innovation for them, in many case through collaboration projects. That could also be interpreted as our reputation of institutional performance through diverse evaluation indicators.
From the industry side, we are a very good supplier of high-caliber manpower. Therefore, a solid relationship with industry is key to the creation of added value of knowledge, as well as a critical steppingstone for technology commercialization.
Therefore, scaling up the organic relationship with industry is part of our education and research portfolio as well as part of my job as president.
▶ Do you think the main role of universities is to prepare graduates for the world of work?
The role of higher education is to educate the future generation and create new knowledge though research. The conventional concept of research and development (R&D) has expanded to R&DB, as it now includes business. Thus, the role of a university is also evolving. Universities should provide diverse opportunities for graduates to prepare them to contribute to society. That will be one of the ways to realize the social responsibility of a university.
▶ If someone else was taking over your role tomorrow, what’s the most useful advice you could give them?
When I took the office in March, I made up my mind to serve our students, faculty and staff with all my heart. I would say, inspire your people with leadership that they can emotionally connected with, if possible. In addition, I think only professionalism can make the best professionals.
▶ Who has inspired you during your career?
Dr. Kun-Mo Chung, former vice president of KAIST and former minister for science and technology, is my role model and mentor. He is an internationally renowned nuclear engineer and scholar, and successful technocrat who served as the minister for science and technology twice. He still teaches at KAIST in his eighties.
I admired his visionary leadership and his successful career as administrator as well as accomplished scholar. After graduating from Seoul National University, he went to Michigan State University. In his early thirties, he came back to Korea as a member of the United States Agency for International Development survey team to conduct the feasibility study for founding KAIST. He wrote the proposal in the Terman Report to the USAID that the establishment of KAIST would be necessary and useful for Korea. With $6 million dollar loan from the agency, he founded KAIST. He is the true innovator, I think.
▶ How do you use data to make sure your university is performing well? We are analyzing the diverse data released from international evaluation institutions such as THE data and Clarivate Analytics, as well as domestic institutions. Through the various indicators of data, we are keen to realize the global standard of our institution and advance our innovation competitiveness at a global level.
2017.07.06 View 7799 -
Top 10 Emerging Technologies of 2017
The World Economic Forum’s Expert Network and Global Future Councils in collaboration with Scientific American and its Board of Advisors announced the top 10 emerging technologies of 2017 on June 26 in Dalian, China where the 2017 Summer Davos Forum is being held. Each technology was chosen for its potential to improve lives, transform industries, and safeguard the planet.
The KAIST delegation, headed by President Sung-Chul Shin, is participating in the forum’s diverse activities including IdeasLab and GULF (Global University Leaders Forum). KAIST is the only Korean representative participating in the IdeasLab. KAIST Distinguished Professor Sang Yup Lee of the Department of Chemical and Biomolecular Engineering, director of KAIST Institute, has served as a committee member of the Global Agenda Council on Emerging Technologies since 2012 and Global Future Council on the Fourth Industrial Revolution. He also chairs the Global Future Council on Biotechnologies.
Professor Lee said, “Very diverse technological breakthroughs were proposed for the final list of candidates. We made the final selections through very in-depth discussion with experts in each field.
We focused on the technologies which have a level of maturity that will enable them to be adopted widely within three to five years."
The top 10 emerging technologies are
(courtesy from https://
www.weforum.org/agenda/2017/06/these-are-the-top-10-emerging-technologies-of-2017):
2017 10대 기술.
1. Liquid biopsies
Liquid biopsies mark a step forward in the fight against cancer. First, they are an alternative where traditional tissue-based biopsies are not possible. Second, they provide a full spectrum of information compared to tissue samples, which only reflect the information available in the sample. Lastly, by homing in on circulating-tumor DNA (ctDNA), genetic material that routinely finds its way from cancer cells into the bloodstream, disease progression or resistance to treatment can be spotted much faster than otherwise relying on symptoms or imaging.
2. Harvesting clean water from air
The ability to extract clean water from air is not new, however existing techniques require high moisture levels and a lot of electricity. This is changing. A team from MIT and University of California, Berkeley has successfully tested a process using porous crystals that convert the water using no energy at all.
3. Deep learning for visual tasks
Computers are beginning to recognize images better than humans. Thanks to deep learning, an emerging field of artificial intelligence, computer-vision technologies are increasingly being used in applications as diverse as driving autonomous vehicles, medical diagnostics, damage assessment for insurance claims, and monitoring water levels and crop yield.
4. Liquid fuels from sunshine
Can we mimic the humble leaf to create artificial photosynthesis to generate and store energy? The prospects are looking increasingly positive. The answer lies in using sunlight-activated catalysts to split water molecules into water and hydrogen, and then using the same hydrogen to convert CO2 into hydrocarbons.
5. The Human Cell Atlas
An international collaboration aimed at deciphering the human body, called the Human Cell Atlas, was launched in October 2016. The project aims to identify every cell type in every tissue; learn exactly which genes, proteins, and other molecules are active in each type, and the processes which control that activity.
6. Precision farming
The Fourth Industrial Revolution is providing farmers with a new set of tools to boost crop yield and quality while reducing water and chemical use. Sensors, robots, GPS, mapping tools, and data-analytics software are all being used to customize the care that plants need.
7. Affordable catalysts for green vehicles
Progress is being made on a promising zero-emission technology, the hydrogen-fed fuel cell. Progress to date has been stymied by the high price of catalysts which contain platinum. However, much progress has been made in reducing reliance on this rare and expensive metal, and the latest developments involve catalysts that include no platinum, or in some cases no metal at all.
8. Genomic vaccines
Vaccines based on genes are superior to more conventional ones in a number of ways. They are faster to manufacture, which is crucial during violent outbreaks. Compared to manufacturing proteins in cell cultures or eggs, producing genetic material should also be simpler and less expensive.
9. Sustainable design of communities
Applying green construction to multiple buildings at once has the potential to revolutionize the amount of energy and water we consume. Sending locally-generated solar power to a smart microgrid could reduce electricity consumption by half and reduce carbon emissions to zero if a project currently under development at the University of California at Berkeley goes according to plan.
10. Quantum computing
Quantum computers’ almost limitless potential has only ever been matched by the difficulty and cost of their construction. This explains why today the small ones that have been built have not yet managed to exceed the power of supercomputers. But progress is being made and in 2016 the technology firm IBM provided public access to the first quantum computer in the cloud.
2017.06.28 View 14489 -
Seeking a New Economic and Industrial Paradigm
The School of Humanities & Social Science will offer the open lecture course titled ‘Seeking a New Economic and Industrial Paradigm’ from May11 to June 7. This is part of a quarterly lecture series run by the school and open to the public.
The open lecture is designed to provide opportunities for the public to identify future challenges and opportunities for Korea’s economy and industry. Experts in macroeconomics, finance, and global collaboration will provide glimpses of new directions for each sector as well as megatrends of emerging technologies on the heels of the 4th Industrial Revolution.
Jin Hyuk Yoo from the Bank of Korea will speak on the ‘Outlook and Challenges of the Korean Economy.’ He will identify the current economic situation and explain how to build on sustainable long-term economic growth in the opening course.
Won-Bin Lee of the Korea Institute for Industrial Economics & Trade will present on the ‘New Industrial Policy in the Era of the Fourth Industrial Revolution.’ His lecture will focus on fostering the local industry and creating its own ecosystem for furthering regional industries.
Dong-Hoon Lee of Donga ST will speak on the implications that the Fourth Industrial Revolution will bring about in the medical industry. Won-Suk Choi of FnPricing will introduce the FN business model, presenting the risks and benefits of fintech in his lecture ‘Finance: Human and Technology.’
Jae-Hong Choi of the Institute of International Development Cooperation at Korea University will give a talk titled ‘Toward the World through Global Cooperation.’ He will present on the history of Korea’s global cooperation initiatives and the role of KOICA, introducing its emerging economic and industrial cooperation model.
Professor Jeounghoon Kim, who is responsible for the public lecture program, said, “Korea now faces very diverse social economic and industrial challenges and we seem to be lost while searching for a solution. The public will have an opportunity to understand the current economic situation and its industrial implications.”
For registration and more info, please visit http://hss.kaist.ac.kr.
2017.04.26 View 10075 -
Global Workshop on the Risks of Emerging Technologies
The Center for Science, Policy and Society (CSPS) at the Graduate School of Science and Technology Policy of KAIST will host the 2017 Global Expert Workshop on the Risks of Emerging Technologies Driving the Fourth Industrial Revolution March 17-18 at the Plaza Hotel in Seoul.
At the workshop, experts from public and private sectors at home and abroad will address the socio-economic impacts and implications of the emergence of new technologies that the Fourth Industrial Revolution will bring about. The workshop will be hosted in collaboration with the World Economic Forum’s Global Future Council (GFC) on Technology, Values and Policy. The World Economic Forum’s network of GFCs is the world’s foremost interdisciplinary knowledge network dedicated to promoting innovative thinking about the future.
Four keynote speakers, including Professor Wendell Wallach of the Interdisciplinary Center for Bioethics at Yale University and Dean of the School of Public Policy and Management at Tsinghua University Lan Xue, will deliver speeches. Professor Wallach is the leader of an AI/Robotics Global Governance Project sponsored by the World Economic Forum and will make a speech entitled “Build the Global Infrastructure to Make Sure that AI and Robotics Will Be Beneficial.” Dean Xue, a member of the World Economic Forum’s GFC on Tech, Values, and Policy, is well known for his analysis of the social implications of the risks brought about by emerging technologies. He will speak on “Global Risk Governance of Disruptive 4IR Technologies.”
More than thirty experts will participate in the workshop. Speakers include the KAIST Vice President for Planning and Budget Soohyun Kim, Dean of KAIST Institute San Yup Lee, Professor Jaeseung Jeong of the Department of Bio and Brain Engineering at KAIST, Dr. Sung Chul Kang of the KIST Healthcare Robotics Research Group, and Korea Evaluation Institute of Industrial Technology Program Director Kyong Hoon Kim.
The CSPS of KAIST will continue to make collaborative research efforts with the GFC for developing new insights and perspectives on key global systems as well as study the impact and governance of key emerging technologies.
2017.03.16 View 12144 -
Dr.Sung-Chul Shin Inaugurated as the 16th President of KAIST
(President Shin delivers his inaugural address at the inauguration ceremony on March 15.)
Professor Sung-Chul Shin was officially inaugurated as its 16th president of KAIST on March 15 in a ceremony at the KAIST Auditorium.
The celebration began with a procession by dignitaries including the KAIST Board of Trustees Chairman Jang-Moo Lee, the National Academy of Sciences of Korea President Sook-Il Kwun, Daejeon City Mayor Sun-Taik Kwon, National Assemblyman Sangmin Lee, KAIST Alumni Association President Jungsik Koh. Academic leaders, foreign envoys, faculty, students, and staff members of KAIST joined the ceremony.
In his inaugural speech, President Shin presented a new vision for KAIST to become a global value creator in the Fourth Industrial Revolution. He said that KAIST has played a pivotal role in the nation’s industrialization and information revolution over the past half century and, with the advent of the new industry paradigm, KAIST should be now responsible for being a new value creator, not only serving the nation but pursuing global betterment. “KAIST should be a global hub of new knowledge and technology creation,” he emphasized.
Envisioning a “Global Value-Creative World-Leading University,” President Shin aims for KAIST to be an institution which can create global value as an innovative global leading research university. To realize this vision, he pledged to continue innovation in five areas of education, research & development, technology commercialization, globalization of the campus, and future strategy for the university and the nation.
In the educational innovation, he emphasized multidisciplinary studies, team work, and leadership training for students. To this end, KAIST will expand the non-departmental courses toward entire 4-year course while concurrently operating the existing system of declaring a major in students’ second year. KAIST will offer mandatory courses in humanities, social sciences, and arts and most classes will be run by team-based learning and group research activities. “KAIST Global Leadership Center” will support students to develop the qualities required for collaboration and the global leaderships.
With respect to the research innovation, President Shin said KAIST will establish “Convergence Research Matrix” system to foster strategic research groups for interdisciplinary and convergence collaboration across a wide range of divisions and departments. “Based on the CRMS, we will identify 10 flagship future-oriented convergence research areas for KAIST to truly claim its reputation as a world-leading research university,” he said. He added he will also introduce the “Collaborative Research Lab” system to better retain the academic successes without interruption, and to improve the continuity of research. “We will strive to organize teams of professors in diverse age groups to work together in mutually complementary fields,” he added.
In terms of technological commercialization, he hopes that KAIST to be a role model. He said he will make every effort to establish a resilient R&DB environment with ideas, technologies, and entrepreneurship. KAIST will rev up a new university-industry cooperation, fully sponsoring the creation of “Technology in-Kind Investment Companies.”
KAIST will continue to take initiative for globalization. He said KAIST will create an ‘English-Only Zone’ at the campus, saying that his ultimate goal is to create Korean-English bilingual campus. He also asked the foreign community to make their effort to learn Korean and Korean culture while staying at KAIST, in an effort to embrace diversity at the campus. He plans to increase the ratio of foreign faculty from nine percent to 15 percent, while doubling the current foreign student enrollment ratio of five percent.
As for the future strategy for the university and the nation, he will soon finalize the long-term strategic plan of “Vision 2031” that will lay out a roadmap for KAIST future direction toward its 60th anniversary. KAIST will also play a fundamental role in shaping national policies and strategies for science and technology by operating think-tank groups that consist of KAIST beyond disciplines. These think-tanks will design detailed development plans for KAIST as well as for national strategies for the advancement of science and technology.
He said that such institutional innovation will not be completed without the support, dedication, and passion of all KAIST members, adding that he will strive to serve them with 3Cs (Change, Communication, and Care).
For the full text of President Shin’s inaugural address, please click.
2017.03.15 View 13190 -
Dr. Sung-Chul Shin Selected 16th President of KAIST
(President Sung-Chul Shin)
The KAIST Board of Trustees elected Professor Sung-Chul Shin of the Department of Physics the 16th president of KAIST on February 21. Professor Shin succeeds President Sung-Mo Kang whose four-year term will end on February 23. He is the first KAIST alumnus to serve as its president.
The Board of Trustees announced, “We believe that Professor Shin’s scientific achievement, outstanding leadership, and clear vision will serve KAIST faculty, students, and staff very well. He will be the best person to help KAIST leap forward in the four years ahead.”
The newly-elected president said, “I am humbled and honored to have been elected to lead such a prestigious institute of Korea. Aiming to be one of the top ten global universities, KAIST will continue to innovate its systems.” Previously, Dr. Shin led the Daegu Gyeongbuk Institute of Science and Technology (DGIST) for six years as president since 2011.
Professor Shin joined the KAIST faculty in 1989. He graduated from Seoul National University and then earned his MS degree in condensed matter physics at KAIST in 1977. After earning his Ph.D. in material physics at Northwestern University in 1984, he worked at Eastman Kodak Research Labs as a senior research scientist for five years.
Before heading to DGIST, President Shin held key administrative positions at KAIST from the early 1990s including dean of planning, dean of the international office, and vice-dean of student affairs. During President Robert Laughlin’s tenure, the first foreign president at KAIST, he served as vice-president for two years from 2004. He also served on the Presidential Advisory Council on Science and Technology of the Korean government as vice chairperson from 2015 to 2016.
A renowned scholar in the field of nanoscience, President Shin’s research focuses on the artificial synthesis and characterization of nonmagnetic materials, magnetic anisotropy, and magneto-optical phenomena. He leads the Laboratory for Nanospinics of Spintronic Materials at KAIST and has published in 290 journals while holding 37 patents.
A fellow in the American Physical Society (APS) since 2008, he was the president of the Korean Physical Society from 2011 to 2012. He has been on the editorial board of J. Magnetism and Magnetic Materials from 2009 and was the first Korean recipient of the Asian Union of Magnetics Societies (AUMS) Award, which recognizes outstanding scientists in the field of magnetics.
President Shin envisions making KAIST’s research and education more competitive through continuing innovation. His innovation efforts will extend to the five key areas of education, research, technology commercialization, globalization, and future planning.
Among his priorities, he emphasizes multidisciplinary studies and leadership training for students. He plans to focus on undeclared major courses for undergraduates to help them expand their experience and exposure to diverse disciplines. This approach will help create well-rounded engineers, scientists, and entrepreneurs by enabling them to develop skills while leveraging a strong connection to the arts, humanities, and social sciences.
To better respond to Industry 4.0, which calls for convergence studies and collaborative work, he proposed establishing a ‘Convergence Innovation System’ by strategically selecting 10 flagship convergence research groups. In order to accelerate the technology commercialization and ecosystem of start-ups, he will strengthen entrepreneurship education, making it a prerequisite requirement for students. President Shin said he will spare no effort to incubate and spin-off ventures in which KAIST technology is being transferred. For globalization efforts, he plans to increase the ratio of foreign faculty from 9 percent to 15 percent, while doubling the current foreign student enrollment ratio of 5 percent. For future strategic innovation, he will implement a long-term innovation strategic plan dubbed ‘Vision 2031.’
2017.02.22 View 13805 -
KAIST to Participate in the 2017 Davos Forum
(President Sung-Mo Kang and Distinguished Professor Sang Yup Lee)
KAIST representatives will join high profile, multi-stakeholder dialogues with global leaders across the world to discuss higher education, science, and technological innovation.
KAIST President Sung-Mo Kang and Distinguished Professor Sang Yup Lee of the Chemical and Biomolecular Engineering Department will participate in the World Economic Forum’s (WEF) Annual Meeting on January 17-20, 2017, in Davos-Klosters, Switzerland.
To be held under the theme “Responsive and Responsible Leadership,” the Annual Meeting will offer global leaders from government, business, academia, and civil society a highly interactive platform to address some of the most pressing issues facing the world today, from climate change, economic inequality, to the Fourth Industrial Revolution and its impact on future employment.
On January 18, President Kang will participate in the Global University Leaders Forum, a community of top 26 universities invited from around the world, and will discuss the relevance of higher education in the context of the Fourth Industrial Revolution. He will also share KAIST’s experiences in developing innovative initiatives to bring future-oriented and creative values into its educational and research programs.
On January 19, at the Global Future Council on Production, President Kang will speak about new technologies taking place in traditional production and distribution systems as introduced by the emergence of rapidly evolving technological advancements, and present KAIST’s endeavors to transform those changes into opportunities.
With an eminent group of scientists, including the Director of the US National Science Foundation France A. Córdova and the Editor-in-Chief Philip Campbell of Nature at the Global Science Outlook session, on January 20, President Kang will discuss key challenges for the global science agenda in the year ahead and examine the role of science in formulating public discussions and polices that will have great impact on society and the lives of people.
Currently, Professor Lee is the founding Co-Chair of the WEF’s Global Future Council, an interdisciplinary knowledge network dedicated to promoting innovative thinking on the future. On January 20, he will share his insights at an independent session entitled “World Changing Technology: Biotech and Neurotech,” briefing the audience on the current state of research, development, and commercialization in these fields, as well as explaining how they will contribute to coping with the Fourth Industrial Revolution.
Professor Lee said, “In recent years, we have seen the world become ever more complex, interconnected, and realigned as it is deeply affected by this unprecedented technological innovations, collectively driving the Fourth Industrial Revolution. One pillar of such innovation will take place in biotechnology and neuroscience, which will help us design solutions to many of global problems such as environment, pandemic diseases, aging, healthcare, and previously intractable illnesses.”
President Kang added, “This year’s Davos meeting will focus on the need to foster leadership at the national, regional, and global level to respond collectively with credible actions to issues of major concern for the sustainable and equitable growth, social inclusion, and human development. KAIST has always been a crucial player in these collaborative efforts, and I am happy to share our insights at the upcoming event.”
2017.01.17 View 10164 -
Professor Lee Co-chairs the Global Future Councils on Biotechnology of the WEF
The World Economic Forum (WEF) established a new global network of the world’s leading experts, “The Annual Meeting of the Global Future Councils,” to explore innovative solutions for the most pressing global challenges. The Councils’ first meeting took place on November 13-14, 2016, in Dubai, the United Arab Emirates (UAE). Some 25 nations joined as member states. The Councils have 35 committees.
Over 700 global leaders in business, government, civil society and academia gathered at the inaugural meeting to “develop ideas and strategies to prepare the world for the Fourth Industrial Revolution, with topics including smart cities, robotics, and the future of mobility,” according to a statement issued by the WEF.
Distinguished Professor Sang Yup Lee of Chemical and Biomolecular Engineering at KAIST was appointed to co-chair one of the Councils' committees, The Annual Meeting of the Global Future Councils on Biotechnology, for two years. The other chairperson is Dr. Feng Zhang, a professor of Biomedical Engineering at the Massachusetts Institute of Technology (MIT), who played a critical role in the development of optogenetics and CRISPR technologies.
The Biotechnology Committee consists of 24 globally recognized professionals in life sciences, law, ethics and policy including Thomas Connelly, the executive director of the American Chemical Society, Tina Fano, the executive vice president of Novozymes, and Mostafa Ronaghi, the chief technology officer of Illumina.
Professor Lee also serves as a committee member of The Annual Meeting of the Global Future Councils on the Fourth Industrial Revolution.
“Life sciences and engineering will receive more attention as a key element of the Fourth Industrial Revolution that the global society as a whole has been experiencing now. Together with thought leaders gathered worldwide, I will join the international community’s concerted efforts to address issues of importance that impact greatly on the future of humanity,” Professor Lee said.
In addition, Professor Lee received the James E. Bailey Award 2016 from The Society for Biological Engineering on November 15, 2016. He is the first Asian researcher to be recognized for his contributions to the field of biotechnology.
2016.11.15 View 11197 -
KAIST Participates in the World Economic Forum's Annual Meeting of the New Champions 2015 in China
KAIST’s president and its professors actively engage in discussions of major issues on higher education, technology innovation, and industry-university collaboration with global leaders from across all sectors.
President Steve Kang of KAIST participated in the Annual Meeting of the New Champions 2015 (a.k.a., Summer Davos Forum) hosted by the World Economic Forum (WEF). With the theme of “Charting a New Course for Growth,” the Summer Davos Forum took place on September 9-11, 2015 in, Dalian, China.
Currently, KAIST is a member of the Global University Leaders Forum (GULF) of WEF, a gathering of the presidents of the top 25 universities in the world, including Harvard University, Massachusetts Institute of Technology, University of Tokyo, University of Oxford, Peking University, and National University of Singapore. GULF allows university leaders an opportunity to have high-level dialogues on higher education and research and explore prospects for cooperative ventures.
President Kang led the discussion of the GULF session at the Summer Davos Forum, which was held on September 10, 2015, with 25 university leaders as well as two business leaders from Chinese companies: Huawei Technologies Co. Ltd., and Sanofi China. The participants shared candid perspectives on industry-university collaboration, particularly the need for such partnerships in Asia.
In addition, KAIST hosted the fourth IdeasLab session, entitled “Bio versus Nano Materials, on September 9, 2015. At the session, four KAIST professors held an in-depth debate and discussion with the audience on whether the next industrial revolution would be driven by advances in biomaterials or nanomaterials.
The topics under discussion were:
- New materials that mimic biology by Professor Hea Shin Lee
- Bio-based materials that replace petroleum-based materials by Professor Sang Yup Lee
- New materials designed at sub-nano scale by Professor Hee Tae Jung
- A hydrogen economy with nanomaterials by Professor Eun Ae Cho
Since its establishment in 2007, the Summer Davos Forum has become the biggest business and political gathering in Asia, held annually either in Dalian or Tianjin, China. The Forum has attracted more than 1,500 participants primarily from emerging nations such as China, India, Russia, Mexico, and Brazil, and has offered an open platform to address issues important to the region and the global community.
2015.09.14 View 10231 -
KAIST to Hold a Colloquium on the Internet of Things and Open Stack
With the support of the Ministry of Science, ICT, and Future Planning of Korea, KAIST hosted a colloquium on the Internet of Things (IoT) and Open Stack at the KAIST Research Center for Global Cooperation located in Pangyo. The upcoming event was organized to provide an overview of the technological trends to IT companies and foster their success in the global market.
The colloquium invited numerous field-experts as speakers and discussed the influence of IoT and OpenStack on the small- and medium-sized companies in Korea.
Professor Gwan-Hoo Lee from the American University joined as a speaker and shared his insights of how IoT would change the global business environment. He introduced various business models developed by Microsoft, Intel, Apple, Google, and Cisco and discussed how Korean companies could utilize the existing tools and strategy to succeed in the global market. His talk focused specifically on the importance of overseas partnerships and technology stack analysis.
President Hyun-Jung Jang from the Korean OpenStack Community also gave a speech on global partnership through OpenStack. He discussed the future trends of OpenStack and why companies should invest in the field.
KAIST used the event as an opportunity to provide information to domestic companies that are interested in building partnerships with overseas companies and in developing new IoT and OpenStack technology.
More information about the event can be provided online at www.ictc.or.kr.
2015.09.11 View 6404 -
KAIST to Host Conference on the Financial Technology Industry
To take place in the Korea Federation of Banks building on May 21, 2015, Seoul
Around 200 individuals to be present including Oh-Kyu Kwon, the former Minister of Finance and Economy and Chang-Hyun Yun, the former president of Korea Institute of Finance
KAIST will hold a conference to discuss prospects for Korea’s financial technology industry (FinTech) and to address the rapid changes taking place in both national and global finance markets.
The conference will be held in the Convention Hall of the Korea Federation of Banks building in Myeongdong, Seoul on May 21, 2015 with a theme entitled “The Challenge and the Task of Korean FinTech Industry in the Global Finance Market.”
Around 200 individuals including Oh-Kyu Kwon, the former Minister of Finance and Economy, Jiwon Jung, a member of a standing committee of Financial Services Commission, and Steve Kang, the President of KAIST will attend the meeting.
The term “FinTech” originates from the combination of two words, finance and technology, to describe a new form of financial system based on Information Technology (IT). The precise definition and boundary of FinTech is not fully established yet, but this will provide Korea with an opportunity to take the lead in the finance industry with its cutting-edge IT.
The conference will focus on the methods by which Korean FinTech companies can acquire a competitive edge in the global finance market. The keynote speaker, Tong-Suk Kim, the Dean of College of Business, KAIST, will speak about “The Challenge and the Task of Korean FinTech.” The talk will emphasize how the FinTech industry can create an innovative industry, destroying the existing paradigm of payment system and Internet-only banks.
The keynote speech will be followed by a talk on “The Requirements for Establishing Korean FinTech Ecosystem” by Jong-Hyun Kim, a researcher at Woori Finance Research Institute, Korea.
Additional talks, which will be given by KAIST professors, are:
“Korean Economy and the Role of FinTech” by Professor Young-Sun Kwon of the Department Business and Technology Management;
“Korean FinTech in ICT Perspective” by Professor Yoon-Joon Lee of the Department of Computer Science;
“The Current State and Possibilities of Korean FinTech” by Professor Byung-Tae Lee of the School of Management Engineering; and
“The Task and Challenge of Promoting FinTech Industry” by Professor Byung-Chun Kim of the School of Management Engineering.
Also, Professor Chang-Hyun Yoon of the School of Business Administration, University of Seoul, will give a talk on “The Crisis in Korean Finance Industry and the Role of FinTech.”
The conference will also hold a discussion session on “The Promotion Methods for Korean FinTech Industry.” Participants for the discussion will include Jae-Sung Song from the Ministry of Science, ICT and Future Planning, Dong-Hwan Kim from the Financial Services Commission, Jeon Jin from Samsung Economic Research Institute (SERI), Hyo-Jin Lee of 8Percent, In-Chang Hwang from the Korea Insurance Research Institute, and Jae-Kyu Lee from Koscom.
Byung-Chun Kim, the Director of KAIST’s Financial Engineering Research Center, who organized the FinTech conference said, “FinTech industry will evolve from simply attempting to attract consumers to understanding the lifestyle patterns of consumers to provide customized service and information.”
2015.05.20 View 11685 -
Jong Hoon Kim, a former president of Bell Labs, speaks at KAIST
Dr. Jong-Hoon Kim, who was the youngest person to serve as the President of Bell Labs and selected as one of the ten most influential Asian-Americans, will give a lecture at KAIST at 5 pm on April 28, 2015 in the KI building.
In 1992, Dr. Kim founded a telecommunication company, Yurie System. After listing the company on NASDAQ, he sold the company to Lucent Technologies for USD one billion. Dr. Kim served as the President of Lucent Technologies, taught as the University of Maryland, and subsequently served as the President of Bell Labs. He is currently the President of Kiswe Mobile.
In his lecture entitled “Aim High, Take Action,” Dr. Kim will share his personal stories and speak about ways young people can set goals for future and put those into practice. He will focus on his experiences in the United States to list his own company, Yurie System, on NASDAQ and to sell the company as well as the management innovations, which he brought about during his presidency at Bell Labs.
KAIST and Kiswe Mobile have been cooperating on a project, "Global Entrepreneurship by Doing," since 2014 to foster entrepreneurship in Korean youth. While working for Kiswe Mobile in the United States, KAIST students will have an opportunity to conduct project management, market research, and marketing, and to build local networks.
The details of the program can be found on the website of the KAIST Center for Science-based Entrepreneurship, http://eship.kaist.ac.kr.
2015.04.27 View 7070