Home > Coller Venture Review > CVR Issue 4 – University Venture > Looking for a Second Miracle on the Han River The Roots of Korea's Leading Univenture Ecosystems: KAIST and POSTECH

Looking for a Second Miracle on the Han River The Roots of Korea's Leading Univenture Ecosystems: KAIST and POSTECH

How universities can work with both public and private partners to engage with a rapidly changing venture ecosystem

How can a university become a locus for venture? Two relatively young, yet highly regarded universities in South Korea – a public and a private one – are investigated in this article, and contribute to our understanding of how universities can work with public and private partners, at home and abroad, to achieve this goal. The article reviews the unique histories of:

  • KAIST (Korea Advanced Institute of Science and Technology), a leading public university designed under the guidance of Stanford’s legendary Fred Terman
  • POSTECH (Pohang University of Science and Technology), founded with a government directive to emulate many of Caltech’s attributes.

The interaction with industry and the South Korean government, and legislative acts aimed to facilitate technology transfer, add layers of insight to this survey of a nation’s well-thought-out univenture strategy.

Full article PDF:

This resource is available exclusively for our members.
CIV Membership - Register Free

About the Author:

David S. Lee – Senior Lecturer, School of Business, University of Hong Kong

5s8fox8