Korea joins the Science|Business Network

Photo: Maryline Fiaschi, CEO at Science|Business, and Cho Woohyun, Director General at KERC.    

The Korea-EU Research Centre is joining the Science Business Network as of March 2024.

“We hope that research and development linkages between Korea and Europe become more stronger through active exchange and collaboration with the Network members.”

As a bridgehead to enhance Korea-EU R&D cooperation, the KERC intends to actively engage with European R&I community to promote the R&I cooperation between Korea and Europe through the Science|Business Network.

The KERC aims to increase understanding on research and development policy, capability, outcomes and landscape in both sides to raise awareness of Korea-EU research cooperation and to promote Korea and Europe as a research partner to each other.

The KERC functions as a central hub for information on STI policy and research. It provides policy advice, including providing in-depth analysis of major policy issues, and support navigating new paths for cooperation. Also, as a contact point for R&D cooperation such as Horizon Europe, it serves as a networking and path-finding platform to support researchers navigating relevant funding programmes or finding partners.

The Science|Business Network, with more than 70 international members, offers a unique forum for research-driven organisations. It provides a platform for members, for example, to voice their positions on Europe’s policy agenda, to boost their engagement levels and success rates in EU R&I programmes by identifying new partners and strengthening international cooperation and alliances.

Research cooperation between Korea and Europe has been increasing rapidly over last few years. The Republic of Korea and the EU launched the digital partnership which includes research and development on critical technologies such as semiconductor and they are also discussing Horizon Europe Association.

In addition, there have been multiple dialogues in science and technology with the EU member states. Various types of agreement were signed in space, ICT, digital technologies and research and development, and they all delivered concrete outcomes. For example, a new bilateral R&D programme has begun providing more opportunities for collaborative research between Korean and European researchers.

This cooperation will only increase as the EU and Korea increasingly become more important partners for each other. In line with this, the KERC, together with the Network members, will build stronger connections between Korea and Europe enabling research organizations to fully leverage new opportunities.

This article was first published on 1 March by KERC.