Korea Institute of Industrial Technology

Korea Institute of Industrial Technology
Company typePublic
Founded1989
HeadquartersCheonan, Republic of Korea
Area served
Worldwide
Websitewww.kitech.re.kr

Korea Institute of Industrial Technology (KITECH) is a South Korean government research institute, established in 1989 to help develop technologies for the domestic industry, with focus on export competitiveness and SMEs.

South Korea's then Ministry of Trade, Industry and Energy (MOTIE) established the Korea Academy of Industrial Technology (KAITEC) in 1989 to strengthen the technological base of small and medium enterprises (SMEs).[1] KAITEC was later renamed as the Korea Institute of Industrial Technology (KITECH).[2] Following a re-organisation of government research institutes in 1999, KITECH was the largest institute grouped under the Korea Research Council for Industrial Science and Technology (ISTK), currently under the supervision of the Ministry of Knowledge Economy.[3][4]

KITECH's focus is on the development and management of manufacturing technologies for SMEs.[2] KITECH receives both government and private funding, and distributes most of its research grants to private companies.[2] By the middle of the 1990s, KITECH's annual budget was around US$130 billion, and employed a staff of one thousand in five sub-institutes.[2]

The institute conducted materials research into environmentally friendly manufacture of metal alloys, and sold the technology to the private sector for 28.2 billion won.[5] It also fostered the exchange of technological know-how with foreign research institutes by creating the Global Venture Investment Center in Seoul.[6] Together with Korea Railroad Research Institute (KRRI) and the company Rotem, KITECH developed the HSR-350x, a high-speed train with domestic technology.[7] The institute also participated in the development of the android prototypes EveR-1 and 2.[8]

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References

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  1. ^ "H.E. Dr. Han Seung-soo President of the UN General Assembly". United Nations. May 2002. Retrieved 2010-11-05.
  2. ^ a b c d Opportunities in Asia: An Assessment of Construction Trends, Needs, and Potential Collaborations : Report. Civil Engineering Research Foundation. 1997. pp. 189–191. ISBN 978-0-7844-0257-3. Retrieved 2010-11-05.
  3. ^ Lee, Kong-rae (2008). "Public Research System as a National Knowledge Infrastructure of Korea" (PDF). Singapore Management University. Retrieved 2010-11-05.
  4. ^ "State-funded research institutes need reform". Korea Herald. 2010-07-01. Retrieved 2010-11-05.
  5. ^ "Research team to receive big payout". JoongAng Daily. 2010-05-19. Retrieved 2010-10-10.
  6. ^ "Venture Center to Provide Access to German Technology". The Chosun Ilbo. 2006-03-10. Retrieved 2010-10-10.
  7. ^ Lee, Hisung; Moon, Dae-Seop (2005). "NEXT GENERATION OF KOREA TRAIN EXPRESS (KTX) : PROSPECT AND STRATEGIES" (PDF). Proceedings of the Eastern Asia Society for Transportation Studies. 5: 255–262. Retrieved 2010-10-10.
  8. ^ "Korea Unveils World's Second Android". The Chosun Ilbo. 2006-05-04. Retrieved 2010-10-10.

36°54′06″N 127°14′39″E / 36.9017°N 127.2441°E / 36.9017; 127.2441