KIST-KTFC Harness Capabilities to Disseminate Research Outcomes and Promote Commercialization of Technologies
- Date : 2022-09-26
- Views : 9
International Cooperation Team
KIST-Korea Technology Finance Corporation Harness Capabilities to Disseminate Research Outcomes and Promote Commercialization of National Strategic Technologies
The Korea Institute of Science and Technology (KIST; President: Seok-Jin Yoon) announced on September 26, 2022 that it had signed a business cooperation agreement with the Korea Technology Finance Corporation (Chairman & President: Jong-Ho Kim) to promote national strategic technology research and commercialization.
Using their mutual professional knowledge and experience, the two organizations plan to launch and run various joint projects to support technology start-ups and technology innovation companies through this agreement and establish a network to discover innovative technology companies. In addition, KIST will utilize its excellent research capabilities and infrastructure to solve technology-related difficulties for innovative companies, and innovate industries through services such as technology value evaluations, technology transfers, transactions, and technology financing linkage support.
Seok-Jin Yoon, President of KIST, stated, "We hope this agreement with the Korea Technology Finance Corporation will maximize synergy between our institutions and enhance the technological competitiveness of Korean companies, contributing to the creation of sustainable growth engines for our economy."