[Editorial] KIST at 50, beyond the miracle
Thursday, February 25, 2016 - 21:20
in Mathematics & Economics
This month marks the 50th anniversary of the Korea Institute of Science and Technology (KIST). Remarkably, half a century ago, South Korea was one of the poorest countries in the world, recovering from the Korean War and facing serious economic difficulties. Today, it is a member of the G20 major global economies with a market value that ranks 11th in the world. Investment in science and technology as a development strategy is what made South Korea one of the world's fastest-growing economies. Now, as the nation promotes its new Creative Economy plan, KIST moves into its next 50 years, ensuring that science and technology remain the foundation of this new era of innovation. Author: Byung Gwon Lee