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Industry

Science ministry launches phase 2 support for IP star scientists

South Korea\'s Ministry of Science and ICT and the Korea Technology Commercialization Promotion Agency selected 25 researchers for follow-up phase 2 support under the IP Star Scientist programme, picking the top half of 50 phase 1 participants. The programme pairs researchers with private commercialisation specialists to promote patent-based technology commercialisation. Support funding rose to 15.75 billion won in 2026. Phase 1 produced 402 patent filings and 50 registrations, and recorded 160 technology transfers worth 16.6 billion won.

Industry

MSIT to provide 132.9 billion won to commercialise public research and boost industry-academia collaboration

South Korea\'s Ministry of Science and ICT said on Friday it will announce new projects under a programme to support commercialisation and start-ups using public research outcomes and a programme to revitalise industry-academia-research cooperation. The ministry\'s regional and commercialisation R&D budget rises 88.7 percent from a year earlier to 487.93 billion won. Funding for the two programmes totals 132.9 billion won, including 93.052 billion won for commercialisation and start-ups and 56.925 billion won for cooperation.