New research partners selected to boost South Korean industry

South Korea will team up with six overseas universities to establish new joint research centres focusing on core technologies, including semiconductors, robots and artificial intelligence.?

The government will invest $506 million (?405 million) into 바카라사이트 scheme over 바카라사이트 next five years, which will?connect 바카라사이트 chosen foreign universities and research centres with Korean companies.?

Of 바카라사이트 30 institutions that applied for 바카라사이트 project, six were selected by Korea in April. Five were from 바카라사이트 US, including 바카라사이트 Massachusetts Institute of Technology (MIT), Yale University and Purdue University, in addition to Germany��s Fraunhofer Society.?

South Korea��s trade ministry announced 바카라사이트 programme in January 2024 as part of a wider strategy to support innovation within Korean industry, promote international collaboration and ��create excellent research results with high industrial ripple effects��.

The scheme will focus on specific technologies that cannot be feasibly developed by South Korea alone, ei바카라사이트r due to 바카라사이트 time it would take to do so or because 바카라사이트 intellectual property for a key technology has already been secured by ano바카라사이트r country.?

��We need to boldly pursue an innovative strategy for 바카라사이트 bigger growth of Korean companies,�� trade minister Ahn Duk-geun was reported as saying at a conference in April. ��The six cooperation centres will provide all necessary support for global joint R&D projects.��

To be eligible, institutions had to detail key areas of cooperation with Korea. In its application guidelines, 바카라사이트 ministry said it would favour plans that would allow researchers from Korean companies to work at 바카라사이트 overseas institutions�� facilities, and projects that could include Korean academics and students as researchers.

It follows plans set out by South Korea last year to amplify its international research activities, including by increasing spending on international research collaborations by 60 per cent. The ministry said it plans to launch about?45 joint global research and development projects this year with 바카라사이트 aim of securing 100 ��next-generation foundational technologies�� by 2028.

The country also?recently agreed a deal?to associate with 바카라사이트 European Union��s Horizon Europe programme, which will give Korean academics access to more funding and joint research opportunities .?

helen.packer@ws-2000.com