1:1 Joint Research Matches between GIST and DGIST Faculties

 

- The two signed the “Moonlight Alliance” MOU for cooperation in the field of technical and engineering education and research on November 19.

- 600 million KRW research funds for 3 years: cooperation for technical transfer, commercialization and venture promotion.

 

 

 

□ The Gwangju Institute of Science and Technology (GIST, President ž Young Joon Kim) and the Daegu Gyeongbuk Institute of Science and Technology (DGIST, President ž Sung-Chul Shin) had a meeting on November 19 in the Conference Room of the Headquarters Building at DGIST to conclude a memorandum of understanding (MOU) for cooperation in education and research between the two institutes.

□ Under the MOU, the two universities aim to expand joint research and exchanges for technical transfer, commercialization and venture promotion and to establish a cooperative system between the two.

□ Other objectives include sharing know-how and information on patents, technical transfer, commercialization and venture promotion, vitalizing the regions’ economy and paving ways for overseas advancement based on the outcomes of mutual cooperation.

□ They will invest 600 million KRW (300M KRW from each institute) in the next three years to organize and manage substantial convergent research teams and will spare no administrative and financial assistance to vitalize mutual cooperation, thereby further accelerating joint commercialization projects.

□ The signing of the MOU between GIST and DGIST has significance in that the conclusion of the MOU has expanded the scope of the so-called “Moonlight Alliance” between Gwangju (nicknamed Bitgoeul (the village of light)) and Daegu (nicknamed Dalgubeol (the field of the moon)) and has established a cooperative network between Korea’s top-tier scientific and technical research and education institutes.

□ GIST and DGIST has signed a series of agreements for mutual cooperation with an aim to promote mutual development of the two, including: a research exchange agreement in 2005; an academic and business exchange agreement in 2011; an agreement among five universities specialized in science and technology for the expansion of mutual exchanges and the vitalization of mutual cooperation in 2012; and an agreement among universities specialized in science and technology for technical commercialization and the establishment of a pioneer model of convergent education in 2013.