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AI & Enterprise

South Korea launches \'4 hubs, 3 special regions\' autonomous R&D plan, to invest 78.9 billion won in 7 zones

South Korea will shift its regional research and development system from a central government and province-led model to a zone-based, locally autonomous approach. The Ministry of Science and ICT said it launched the \'4 hubs, 3 special regions\' programme at KAIST on Wednesday and will push projects in seven zones. It will invest a total of 78.9 billion won this year and expand support after 2027.

Industry

Korea to ease conflict-of-interest rules for state researchers\' startups and tech transfer

South Korea will ease conflict-of-interest rules that applied when researchers at government-funded research institutes started companies using their institutes\' technologies or held stakes in firms that received transferred technologies. The Ministry of Science and ICT said revised laws were approved at a Cabinet meeting on Sept. 8 after passing the National Assembly on Aug. 20. The ministry plans to revise startup guidelines before the law takes effect in March 2027.

Finance

Kiwoom Securities joins hands with Mirae Science Technology Holdings to expand deep-tech venture capital

Kiwoom Securities will work with Mirae Science Technology Holdings to expand the supply of venture capital for deep-tech technology companies. Kiwoom Securities said it signed a strategic memorandum of understanding at its Seoul headquarters on Sept. 8 to expand productive finance and venture capital investment. The company said the partnership is part of its strategy to strengthen productive finance and increase private venture capital’s role.