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HISTORY
MAIN KOREA INNOVATION FOUNDATION
ABOUT THE INNOPOLIS HISTORY
In 1973, government of South Korea embarked on the construction of a public research complex in the Daedeok area, to improve the effectiveness of national R&D investments through the geographical concentration of national R&D assets in one place.
Numerous R&D outcomes that laid the cornerstone for South Korea’s economic leapfrogging were generated from Daedeok Research Complex.
Some exemplary cases include the development of the world’s largest 4M DRAM and the world’s first commercial use of CDMA technologies.
GDP (Source: World Bank)
1970's
- Government Policy R&D centered around public R&D centers
- Effect on Daedeok Daedeok R&D complex prepared
- Major Events More than 80% of investment made by the government
- Industry Development Steel, Petrochemical
$ 278
1980's
- Government Policy Development of corporate R&D competences
- Effect on Daedeok Corporate R&D centers beginning to move in
- Major Events From 1982, the private R&D centers outnumbered the public R&D centers
- Industry Development Automobile, Shipbuilding
$ 1,674
1990's
- Government Policy Enhancement of competences of universities
- Effect on Daedeok Enhanced R&D competences of universities such as KAIST
- Major Events Rapid increase in R&D expenditure at universities (Frontier Project, BK21, etc.)
- Industry Development Semiconductor, Electronics
$ 6,153
In correspondence to enhanced maturity of private sector R&D capability in the 2000s, the focus of the national R&D strategy has gradually shifted from strong government initiative to the rigorous ecosystem of public-private partnerships for sustainable growth.
In such a light, Daedeok Research Complex was formally expanded to Daedeok INNOPOLIS in 2005, which was modelled after a regional innovation cluster connecting R&D, technology commercialization, and industrial production. Furthermore, the INNOPOLIS model has been exported to other regional hubs.
At present, there are total 5 INNOPOLISes across the country.
2000's
- Government Policy Commercialization of technologies, promotion of ventures
- Effect on Daedeok Daedeok designated as Korea Innovation Foundation
- Major Events Promotion of ventures
- Industry Development Mobile Communication(ICT)
$ 11,340
2010's
- Government Policy Generation of creativeness, convergence
- Effect on Daedeok Base for science belt, the forward base for national economy
- Major Events Additional designation of Korea Innovation Foundation (Gwangju, Daegu, Busan and Jeonbuk), designation of the science belt
- Industry Development IT Convergence, Software, Content
$ 29,743 As of 2017
2020's
- 2023, Korea Innovation Foundation marks the 50th anniversary of Daedeok Korea Innovation Foundation. Korea Innovation Foundation will strongly support and build a technology commercialization platform that excellent technologies developed by government-funded research institutes and universities can come to fruition in markets
$ 40,000
OVERVIEW
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About KOREA INNOVATION FOUNDATION
KOREA INNOVATION FOUNDATION is a professional technology commercialization institution to efficiently pursue the business of fostering according to the Special Act on the Promotion of Special Research and Development Zones, Etc.
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About the INNOPOLIS
With the diffusion of the INNOPOLIS model to other regional hubs, total five INNOPOLISes are currently in operation, making significant contributions to balanced regional development in South Korea.
THE INNOPOLIS MODEL
The INNOPOLIS Model The INNOPOLIS, as an R&D-focused innovation cluster, is contributing to national economic growth via intellectual property creation and technology commercialization. INNOPOLIS creates an Innovation Cluster with a Virtuous Circle of R&D, Tech Commercialization, Re-investment
STP
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Characteristics of STP Training Program
The STP training program has introduced Korean style of management system for Science & Technology Parks(STPs). Participants of the STP program will get hands on know-how on development, operation and management of STP
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Sharing the know-how
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Customized Solution
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Building a social network
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Hands on experience
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STP Photos
