Korea Innovation Foundation held a New Year Greeting of 2022

- One step jump to the forward base of Future Technology Innovation and Digital Great Transformation! -

□ The Korea Innovation Foundation's New Year Greeting for 2022 hosted by the Ministry of Science and ICT (Minister: Lim Hye-Sook,“Ministry of Science and ICT”) and supervised by the Korea Innovation Foundation (Kang Byung-Sam, President) was held on January 24 (Mon) at 15:00 at Daejeon Hotel ICC.

ㅇ This New Year Greeting was prepared as a place to reflect the efforts and achievements of the Korea Innovation Foundation over the past five years and to make a new leap forward as a base for future technological innovation and digital great transformation in the new year of 2022.

□ This event was attended by about 80 people, including Lim Hye-Sook, Minister of Science and ICT, National Assembly members, Head of Daejeon local government, representatives of science and technology-related organizations, government-funded research institutes, and universities and companies.

ㅇ The event started with a special lecture emphasizing the importance of 'science technology and communication' by Dr. Jang Dong-Seon, widely known as a 'Empathic brain scientist' and led to commemorative video containing major achievements and future visions of Korea Innovation Foundation, and ceremony where important VIPs participated, and ended by sharing New Year's wishes among the attendees.

ㅇ Above all, in order to prevent the spread of COVID-19, we thoroughly followed the quarantine guidelines, such as the introduction of an inoculation certificate and a voice confirmation system, and maintaining a distance between participants.

□ INNOPOLIS(R&D Special Zones) are districts created for new technologies, spread results, and promote commercialization based on R&D of public research institutes. Currently, there are 5 special zones* including the Daedeok, and 12 Innotowns**.

* Daeduk (2005), Gwangju (2011), Daegu (2011), Busan (2012), Jeonbuk (2015)

** Ansan, Gimhae, Jinju, Changwon, Pohang, Cheongju (in 2019), Ulju, Cheonan / Asan, Gunsan, Gumi, Naju, Hongneung (in 2020)

ㅇ The government comprehensively supported the INNOPOLIS with financial projects (R&BD, infrastructure construction)* and tax reductions & exemptions (Article 14 of the 「Special Zone Act」) to foster the INNOPOLIS to an innovation cluster that circulates in a virtuous cycle of 'technology → start-up → growth', increasing subjects of the research companies (additional research-oriented hospitals and some public institutions) and reducing the share of establishment (depending on the size 10~20% → collectively 10%), simplifying the entering procedure to the INNOPOLIS (up to 40 days → within 14 days) and building various institutional improvement measures such as deregulation.

* Budget for 2017-2021: 484.5 billion won for INNOPOLIS development, R&BD and 60.6 billion won for INNOPOLIS infrastructure construction and infrastructure.

ㅇ In addition, the INNOPOLIS, as small and self-sufficient regional innovation cluster, spread INNOPOLIS to the basic autonomy levels by introducing the Innotown model* (from July 2018), and a deregulated new technology demonstration(testbed) system (March 2021) and designated first cases for demonstration (December '21) making a great contribution to creating an innovative environment free from regulatory concerns.

* The area of the ‘space’ for the corporate occupancy limited to less than 2km2, and the separation distance between 'technology core institution' and ‘space’(corporate) should be within 3km to improve integration.

 

□ As a result, since 2017, the number of companies occupied in INNOPOLIS has grown by 1.6 times and the number of sales and employees has grown by 1.3 times.

<Major Achievements of Korea Innovation Foundation>

Classification	2017	2018	2019	2020
Number of companies	5,141	5,548	6,766	8,448
Sales (trillion won)	44.5	46.5	51.8	56.4
Employees (10 thousand people)	18.6	19.4	22.4	25.1
Number of technology transfer	3,798	4,430	4,686	5,441
Technology transfer amount(100 million won)	860.4	872.7	1,165.0	1,958.6

※ Source : Statistic Survey Report of Korea Innovation Foundation

 

ㅇ In particular, the Research-Based Spinoff Company(RBSC)*, a technology-based startup model unique to Korea Innovation Foundation, broke through the 1,000th (August '20) and achieved quantitative growth. Furthermore, Korea Innovation Foundation announced the launch of the “K-Leading RBSC”** project (July 21, 3 companies were designated), through which, led to the qualitative development of RBSC and discovers and spreads successful cases of startups by young researchers with creative ideas.

* A company established in INNOPOLIS by public research institutes such as universities and research institutes by investing 10% or more of their capital for direct commercialization of technology (Article 9-3 of 「R&D Special Zone Act」 Article)

** A company that possess at least one of the world’s top technologies and products which are expands its market dominance while competing, transacting and cooperating with global companies → Intensive support such as large-scale funds, investment attraction, and global advancement

	<Success Case of Young Tech Startup: Dream Ace Incorporation>
• Jointly founded by CEO Kim Kook-tae (born in 1986) and Professor Jin-woo Lim of Daegu Gyeongbuk Institute of Science and Technology (DGIST). * Established a RBSC with ‘Vehicle software platform and real-time operating system’ technology from DGIST (Oct. 2016) as an investment.   •This company is developing an infotainment platform* for vehicles with support from the Korea Innovation Foundation's R&BD project for RBSC, and have successfully attracted an investment of KRW 12.5 billion in Series A. * A compound word of information and entertainment, a system that adds entertainment to information delivery   •Registered as the only AGL (Linux Foundation's global consultative body for development of the connected car) silver level member in Korea, and selected as a major partner of MIH, Foxconn's open electric vehicle production support platform, and is expected to grow to a global hidden champion in the rapidly changing mobility field.

□ Lim Hye-Sook, Minister of Science and ICT said, “We will strengthen the role of the Korea Innovation Foundation as an innovation base so that the achievements of future technological innovation and digital transformation can be spread throughout the country.” “We will create a regional-led future technology ecosystem through an ultra-wide network between regions and INNOPOLIS.”

□ Event General

ㅇ (Purpose) INNOPOLIS aims to provide a place for exchange and cooperation among innovation actors, and deliver the vision and message of the Korea Innovation Foundation to communicate through technological innovation and scientific culture

ㅇ (Host/Organization) Ministry of Science and ICT / Korea Innovation Foundation

ㅇ (Participants) About 80 people including Minister of Science and ICT, Director of Korea Innovation Foundation, National Assembly members, and heads of related organizations

ㅇ (Date and time/Location) 1.24 (Mon) 15:00~16:00 / Crystal Ballroom on the 1st floor of Daejeon ICC Hotel

ㅇ (Main contents) Special lectures by experts, congratulatory speeches, commemorative videos, VIP performances, etc.

□ Detailed schedule

Time		Contents	Remarks
15:00 ∼ 15:20	(20 minutes)	Special lecture	Dr. Jang Dong-Seon (“Science Communicator’)
15:20 ∼ 15:30	(10 minutes)	Opening and National Ceremony
15:30 ∼ 15:40	(10 minutes)	Congratulatory message	Minister, Daejeon Mayor, Member of National Assembly, etc.
15:40 ∼ 15:45	(05 minutes)	Commemorative video
15:45 ∼ 15:50	(05 minutes)	VIP ceremony	Main guest (Electronic rhythm opening & video production)
15:50 ∼ 16:00	(10 minutes)	Congratulatory messages and words of blessing
16:00 ∼ 00:00	-	Closing

 

□ Special Speaker

“A brain scientist with empathy” Jang Dong-Seon, CEO of the Curious Brain Research Institute

- Doctor for Human Perception, Cognition and Behavior, Max Planck Institute for Brain Engineering

- Appeared on many TV shows such as XTM “Scientists to Unravel” and tvN “New Job”

- “Science that makes Jang Dong-Seon’s brain fun” has been posted in the Chosun Ilbo in series (from March 2020)

- Operating YouTube channel “Jang Dong-Seon’s curious brain” (90,000 subscribers, 3.2 million views)

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