The Delegation of the European Union to the Republic of Korea and the European Chamber of Commerce in Korea are co-organising the 1st EU Research and Innovation Day in the Conrad Hotel, Seoul, Korea on 25 March, 2015. In this event, all EU Member States and their major research and innovation organisations will also participate and share information with Korean counterparts about their policies, programmes and success stories. There will be ample opportunities for networking with present and future partners. Please join our event and experience the excellence of European research and innovation!
As President Park Geun-hye continues to emphasize innovation as a way to strengthen the country, Korea has been ranked No. 1 overall by the Innovation Union Scoreboard of the European Commission.
According to the ranking released Tuesday,Korea outperformed the United States, Japan, European Union and Canada. The 28 European Union members and 10 other countries – including Korea, Japan, China, Russia and India – were also ranked. The innovation index was based on the average of 25 indicators rated between 0 and 1. However, nonmembers of the union were evaluated only on 12 indicators due to availability of data. Korea scored 0.74, slightly ahead of the United States (0.736) and Japan (0.711). The European Union’s average was 0.63.
Using 100 as a baseline to represent the European Union’s average score, Korea trailed the EU until 2008, but has seen steady improvement since. The country scored 117 last year to tie with the United States. The index was largely based on indicators in three areas: talents, investments and R&D projects; corporate activities in R&D and patents; and results of R&D, including commercialization and revenues.
Korea and the European Union made a stride in science and technology cooperation. According to the Ministry of Science, ICT and Future Planning (MSIP), Korea and the European Commission agreed to expand mutual cooperation in science and technology during a meeting in Brussels, Belgium on June 26.
The two sides agreed on finding new joint research tasks in the fields of nano security, environment, health, future Internet, smart grid, offshore wind power, and new medicine in relation to “Horizon 2020,” a financial instrument implementing the Innovation Union program, a flagship initiative aimed at securing Europe’s global competitiveness. They also agreed to continue working-level discussions on forming new tasks and deciding methods of research and size of financial assistance.
After signing a science and technology cooperation agreement in November 2006, the two sides have taken turns holding joint committee meetings since 2007. Korean Vice Minister of Science, ICT and Future Planning Lee Sang-mok and Director-General of DG Research and Innovation (RTD) of the European Commission Robert-Jan Smits headed each side’s delegations in the meeting.
South Korea wants to become an official member of Euro Star 2, Europe’s largest research and development program, the Seoul government said Tuesday.
Euro Star 2 is a joint R&D program run by Eureka, a network of 40 countries, mostly European, for the development of industrial technologies. South Korea joined Eureka as an associate member in 2009, becoming the first non-European country in the 40-member network, according to the Ministry of Trade, Industry and Energy. South Korea and Eureka have annually held a special forum since then, with this year’s event set to be held in Istanbul, Turkey from Tuesday.
The ministry said the country and Eureka were set to hold unofficial discussions on the sidelines of the three-day Korea-Eureka Day for South Korea’s formal membership in the Euro Star 2 program by 2020. South Korean institutes have taken part in 41 Euro Star projects, worth 22.7 billion won (US$20.3 million), since 2006, according to the ministry.