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Title The Russian Venture Company delegation visits STEPI to discuss future STI cooperation.
Date 2019.02.20 Hit 403

The Russian Venture Company delegation visits STEPI to discuss future STI cooperation.

 

 

On February 20, the Russian Venture Company (CEO, Alexander Povalko) (hereinafter 'RVC') delegation visited STEPI (President, Hwang-Hee Cho).  

 

The 17-member RVC delegation including its CEO Alexander Povalko met with STEPI experts and discussed future cooperation in STI such as building cooperative networks.  

 

○ The Russian delegation was especially interested in how Korea sets its S&T policy priorities including the techniques or the verification mechanism the Korean government employs to support national S&T policies, changes in government policies or models for promoting industry-university cooperation and national strategies on high-tech.  

 

○ The delegation visited STEPI to explore cooperative measures in relation to the innovation initiative that RVC is pushing ahead and to seek for opportunities for Russian high-tech firms like technology-based startups and SMEs to enter the Korean market. The two sides also discussed cooperative measures in relation to the RVC fund.  

 

Following the introduction on STEPI by head of STEPI’s Division of Global Innovation Strategy Dr. Chi Ung Song, Dr. Sun-Woo Kim, head of STEPI’s Office of Entrepreneurship and Innovation Studies, gave a presentation on the current state of Korea's implementation of SME innovation policy and other related issues. Associate Research fellow Dr. Hee-tae Yang from the Division of New Industrial Strategy Research delivered a presentation on the current state of Korea's implementation of digital policy and some related issues.  

 

STEPI President Dr. Hwang-Hee Cho stressed the importance of "pursuing STI cooperation and building cooperative networks with Russia, a major partner country of the New Northern Policy that the Korean government is pursuing as its key national agenda." He also expressed his wish for closer cooperation with Russia, saying that "RVC delegation's visit to STEPI would serve as an important momentum for promoting bilateral cooperation between Korea and Russia in our pursuit of advancing S&T and building a ground for innovation." 

 

RVC is a state-run organization in charge of implementing national technology initiatives of the Russian Federation. Established in 2006, RVC aims to lead Russia's S&T development, develop new markets based on public-private partnership and develop financial means for economic growth.