On Aug. 5, Korea Institute of S&T Evaluation and Planning (KISTEP; President Park Young-ah) held a ceremony at the 9th floor of the KISTEP building in Yangjae-dong, southern Seoul, to hang a signboard as a public agency for the management and distribution of R&D products.
The signboard hanging ceremony on the day is meaningful in that it signifies the start of the systematic management of scientific research, which has been consistently pointed out for its poor quality in the science and technology community.
The R&D performance management and distribution system has stemmed from “The First R&D Project Performance Management & Utilization Basic Plan Over the Period of 2006 to 2010” in Aug. 2006. From Nov. 2014, it selects and runs councils in order to share information about R&D products maintenance, improvement, and management from the Ministry of Science, ICT and Future Planning.
KISTEP President Park Young-ah said, “Although the importance of utilizing R&D performance has been highlighted, the previous management system was still more focused on collecting the results. As a general managing institution, we will contribute to not only consumer-centered use of results, but also creating economic and social value added through this system.”