R&D Human Resource Development Program in Korea

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R&D Human Resource Development Program

Transcript of R&D Human Resource Development Program in Korea

Page 1: R&D Human Resource Development Program in Korea

R&D Human Resource Development Program

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Invest KOREA is the Korean national investment promotion

agency (IPA), established with the sole purpose of facilitating the entry

and successful establishment of foreign business into Korea. Nor does

our involvement halt there, since our agency delivers an extensive

post-establishment service designed to promote the rapid settlement

of foreign corporates in Korea and ensure they maximize the benefits

of the Korean investment environment to the fullest extent.

The scope of our activities on behalf of foreign business ranges

from business consultation, market research and partner searches to

accessing grants, administrative processing and resolving difficulties

with government and mediating in labor disputes.

Invest KOREA is dedicating to providing the kind of comprehensive,

seamless, one-stop service that allows foreign investors to put roots in

Korea and join the thousands of others who are operating successfully

and profitably here.

Our Vision & Mandate

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R&D Human Resource Development Program

Qualifications for R&D centers (or host companies)

The R&D Human Resource Development Program was recently

introduced by Ministry of Commerce, Industry and Energy to cultivate

R&D talents nationwide by providing financial support to R&D centers

(or host companies). Newly established R&D centers or existing R&D

centers in Korea can take advantage of the program specifically for

newly-employed R&D personnel and training personnel dispatched

from abroad.

R&D centers (or host companies) who meet the three basic

qualifications described above are welcome to apply for the program.

Evaluation committees will take into consideration the technical and

economical benefits of the applicants’ R&D activities to the Korean

market, as proposed in the application documents.

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• State-of-the-art R&D capacity

• Global marketing and distribution network

• Advanced in-house R&D training program

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Specifics of Financial Support

• R&D personnel

New employmentR&D centers (or host companies) can receive matching grants for

newly-employed R&D personnel. The period of the employment

contract should be two years or longer and the grant covers up to

80% of annual salary within 30 million Korean Won (approx.

US$28,000) for the first two years.

Renewed employmentR&D centers (or host companies) can hire persons described above

as long-term employees and receive matching grants. The period of

the employment contract should be three years or longer and the

grant covers up to 50% of annual salary within 30 million Korean

Won (approx. US$28,000) for the first three years.

• Training personnel

Temporary stationingR&D centers (or host companies) can transfer training personnel

from abroad. Training personnel should participate in in-house

training programs and the grant covers up to 50% of accommodation

expenditure within 50 million Korean Won (approx. US$47,000)

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• Application

Period• 1st round: October 15-November 30, 2004(End)

• 2nd round: April 15 - May 31, 2005

• 3rd round: October 15-November 30, 2005

• 4th round: April 15 - May 31, 2006

Application documents• Application form

(Download it from www.kotra.or.kr or www.investkorea.org)

• Research & Development Plan

* Application documents should be in Korean

• Evaluation

Technology evaluationBusiness evaluation* Evaluated by the external evaluation institution

• Selection

Period• 1st round: during December 2004(End)

• 2nd round: during July 2005

• 3rd round: during December 2005

• 4th round: during July 2006

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Procedure

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• IntelDigital Home Networking & Mobile Communications R&D CenterCraig Barrett, “Korea is well equipped with its IT infrastructure in

such areas as mobile communications and home networking.

Moreover, highly-educated human resources in engineering makes

Korea a prime site for R&D center.”

• MicrosoftMobile Innovation LaboratoryWorld’s first mobile laboratory of Microsoft

Pieter Knook, “Korea is global leader in mobile market. MS feels

certain that MS’s investment in Korea will suitably harmonize with

growing mobile market of Korea resulting win-win model.”

• SybaseMobile Business Intelligence Solution CenterJohn Chen, CEO, “Not only Korea is the world leader of BT solution

in Asia-pacific region, but Korea also has great potentials to utilize

BI products with strong technology and business power . As world

leader of mobile market, Korea has the most suitable conditions to

construct mobile BT center.”

• AgilentMobile Design CenterBill Sullivan, “ Korea is innovative country taking in new

technologies very quickly. Korea is world’s IT leader especially in

wireless communications. ”

• IBMUbiquitous Computing Laboratory“IBM is planning to concentrate on research and development of

telematics and embedded software.”

Global Leaders Choose Korea as a R&D Hub

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• HPKorea Development Center: Ubiquitous Mobility & RFIDInfrastructureHa, Seok Ku, “Korea is leader in various fields of IT market and with

its excellent internet infrastructure, Korea has the most suitable

conditions to build R&D center.”

• SIEMENSMedical Research & Development CenterHermann Requardt, “New innovative product will be developed by

combining our technology and brain of Korea.”

Josef Winter “Korea has excellent universities and outstanding

research human resources from those universities. R&D especially

needs passion and I believe Koreans are the best in this respect.”

• SpansionSystem Engineering Center“Samsung is Korean company which is #1 in memory semiconductor

market. Moreover, mobile market is growing rapidly in Korea.

Therefore, R&D center in Korea is strategically essential to

strengthen Spansion’s capacity.”

Bertrand Cambou, “Korea is the best market for designing and

testing flash memory products and has excellent engineering human

resources related to mobile phones.”

• FreescaleAutomotive Semiconductor R&D CenterMichel Mayer, “ Freescale is planning to develop telematics products

by establishing automotive semiconductor R&D center in Korea.

Moreover, Freescale will also strengthen telematics section where

Korea is in the center of fast growing market.”

• ATIGraphic Chipset Development Center “R&D center in Korea will lead ATI’s core technology for mobile

phones, especially graphic chip development for game phones.”

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Global IT R&D Centers in Korea

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Driving Technology Tomorrow's

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R&D Centers by Industry

• Total number of R&D centers in private sector recorded

10,000 in Sept. 2004

• Electronics & IT sector has shown strong position since

the end of 1990s when technology-innovative business

have exploded

• Foreign R&D Center Presence

- 901 (9.0%) Corporate R&D Centers established by Foreign Investors

Distribution of R&D Centers by Industry

Eiectronics & IT

Machinery

Chemical/BT

Construction/ET

Food

Textile

Others

Source : Ministry of Science & Technology

(Unit, %)

5519,55%

1612,16%

1592,16%

667,7%

170,2%

315,3%

125,1%

Composition of Corporate with 100% Foreign Investment Equity Ratio

USA

Germany

Japan

Netherlands

Others

USA, 53

Germany, 19

Japan, 17

Netherlands, 8

Others, 38(Country, Unit)

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Who & What We Are

Invest KOREA is the new name of the Korea Investment Service Center

(Invest KOREA), which was established in 1998 as part of a radical liberalization of the

Korea investment regime under the Foreign Investment Promotion Act of the same

year. Major recent revisions to the Act empower Invest KOREA to act as far a more

efficient, practical and integrated investor service.

Who Makes Our Agency Work

Invest KOREA is staffed with KOTRA employees who have extensive expertise

and experience in supporting inbound foreign direct investment (FDI), public servants

from other related government agencies, and experts from the private sector in fields

such as accounting, law (including tax and labor law), as well as mergers and

acquisitions (M&A). Invest KOREA personnel have become progressively more

specialized to meet the increasingly more particular needs of our clients. Accordingly,

the agency’s staff will be bolstered by specialists from specific industrial sectors to

provide faster and accurate investment-related services to foreign investors as

determined by need.

Where We Are

From our head office in Seoul, Invest KOREA operates a network of 36

overseas branch offices located across five continents in the major financial and

decision-making centers of the world. Truly, we may say we are on the doorstep of the

globe’s major investors wherever they might be to act as their proxies in locating in

Korea offer a superlative service to ensure that their investment plans are executed to

the letter without hindrance or delay.

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KOTRA global network is at your service

• HEAD OFFICE

Seoul, KOREA300-9, Yomgok-dong, Seocho-gu,Seoul, KoreaTEL: (82-2) 3460-7543/7545FAX: (82-2) 3460-7946/7www.investkorea.orgE-mail: [email protected]

• NORTH AMERICA

New York, U.S.ATEL: (1-212) 826-0900FAX: (1-212) 888-4930E-mail: [email protected]

Los Angeles, U.S.ATEL: (1-323) 954-9500FAX: (1-323) 954-1707E-mail: [email protected]

Chicago, U.S.ATEL: (1-312) 644-4323FAX: (1-312) 644-4879E-mail: [email protected]

Dallas, U.S.ATEL: (1-972) 243-9300FAX: (1-972) 243-9301E-mail: [email protected]

Washington D.C., U.S.ATEL: (1-202) 857-7919FAX: (1-202) 857-7923E-mail: [email protected]

San Francisco, U.S.ATEL: (1-650) 571-8483FAX: (1-650) 571-8065E-mail: [email protected]

Atlanta, U.S.ATEL: (1-770) 508-0808FAX: (1-770) 508-0801E-mail: [email protected]

Miami, U.S.ATEL: (1-305) 374-4648FAX: (1-305) 375-9332E-mail: [email protected]

Detroit, U.S.ATEL: (1-248) 355-4911FAX: (1-248) 355-9002E-mail: [email protected]

Toronto, CANADATEL: (1-416) 368-3399FAX: (1-416) 368-2893E-mail: [email protected]

Vancouver, CANADATEL: (1-604) 683-1820FAX: (1-604) 687-6249E-mail: [email protected]

• EUROPE

Frankfurt, GERMANYTEL: (49-69) 242-9920FAX: (49-69) 25-3589E-mail: [email protected]

Berlin, GERMANYTEL: (49-30) 2096-2637FAX: (49-30) 2096-2635E-mail: [email protected]

Hamburg, GERMANYTEL: (49-40) 23-2235/2638FAX: (49-40) 23-3998E-mail: [email protected]

Munich, GERMANYTEL: (49-89) 2424-2630FAX: (49-89) 2424-2639E-mail: [email protected]

Paris, FRANCETEL: (33-1) 42-25-09-57FAX: (33-1) 42-25-09-50E-mail: [email protected]

London, U.K.TEL: (44-20) 7491-8057FAX: (44-20) 7491-7913E-mail: [email protected]

Brussels, BELGIUMTEL: (32-2) 203-2142FAX: (32-2) 203-0751E-mail: [email protected]

Milano, ITALYTEL: (39-02) 795147, 795813, 796384FAX: (39-02) 798235E-mail: [email protected]

Zurich, SWITZERLANDTEL: (41-1) 202-1232FAX: (41-1) 202-4318E-mail: [email protected]

Stockholm, SWEDENTEL: (46-8) 30-80-90FAX: (46-8) 30-61-90E-mail: kotra.st [email protected]

Copenhagen, DENMARKTEL: (45) 3312-6658FAX: (45) 3332-6654E-mail: [email protected]

Amsterdam, NETHERLANDSTEL: (31-20) 673-0555FAX: (31-20) 673-6918E-mail: [email protected]

Vienna, AUSTRIATEL: (43-1) 586-3876FAX: (43-1) 586-3979E-mail: [email protected]

• ASIA & OCEANIA

SingaporeTEL: (65) 6221-3055FAX: (65) 6223-5850E-mail: [email protected]

Sydney, AUSTRALIATEL: (61-2) 9299-1790FAX: (61-2) 9299-1792E-mail: [email protected]

Melbourne, AUSTRALIATEL: (61-3) 9699-3833FAX: (61-3) 9699-3811E-mail: [email protected]

• JAPAN

TokyoTEL: (81-3) 3214-6951FAX: (81-3) 3214-6950E-mail: [email protected]

OsakaTEL: (81-6) 6262-3831FAX: (81-6) 6262-4607E-mail: [email protected]

NagoyaTEL: (81-52) 561-3936FAX: (81-52) 561-3945E-mail: [email protected]

FukuokaTEL: (81-92) 473-2005FAX: (81-92) 473-2007E-mail: [email protected]

• CHINA

ShanghaiTEL: (86-21) 6219-7592FAX: (86-21) 6219-6015E-mail: [email protected]

Hong KongTEL: (85-2) 2545-9500FAX: (85-2) 2815-0487E-mail: [email protected]

Taipei, TAIWANTEL: (886-2) 2725-2324FAX: (886-2) 2757-7240E-mail: [email protected] net

End

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www.investkorea.org

The investment promotion arm of KOTRA