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EUREKA NEWS

The Future of Korea in EUREKA

date of publication > 23-April-2013

Ahead of the 4th edition of Korea EUREKA Day we are publishing a series of news on Korean R&D, its innovation strategy and involvement in EUREKA. 

EUREKA is recognised as a driving force for transnational market-oriented innovation. Therefore the participation of the Korean Institute for the Advancement of Technology (KIAT) in its network plays a vital role in the international innovation policies of the newly established Ministry of Trade, Industry and Energy (MOTIE).

'THE PARTICIPATION OF KIAT IN EUREKA PLAYS A VITAL ROLE IN THE INTERNATIONAL INNOVATION POLICIES
OF THE COUNTRY.'

Korea’s EUREKA associated country status was renewed in June 2012 during the last biennial ministerial conference organised by this transnational initiative, created in 1985 to support market-oriented research in Europe. As a response to the renewed trust of EUREKA’s national innovation support agencies, Korea is currently enhancing its regional support mechanisms for EUREKA projects – one of the new priorities of the network. KIAT’s primary aim is also to increase both the number of EUREKA projects and their quality, ensuring an added value for both Korean and European member countries. To achieve this goal KIAT is currently implementing an intensified promotional campaign and a new streamlined application process. 

The campaign will be a major factor in broadening EUREKA’s brand awareness in Korea. The campaign includes the distribution of a quarterly magazine: Euro Watch, a revamping of the material available online on the collaborative opportunities offered by EUREKA, and the organisation of numerous conferences, seminars and matchmaking events throughout the year, dedicated to the increase of local R&D professionals’ ability to develop innovative EUREKA projects. 

Korea also acknowledged it’s previously narrow use of the prospects offered by EUREKA, focusing primarily on projects in the Information and Communication Technology (ICT) sector. Diversifying and expanding transnational R&D networks through EUREKA in other sectors has become central for the future of Korean-European innovation. In the future, this should become evident through Korea’s involvement in all EUREKA initiatives, including EUREKA’s technology-specialised clusters and the Eurostars programme. Additionally, Korea will collaborate with newly established EUREKA clusters, especially in biotechnology, green technology, and nanotechnology.