Korea Institute of Industrial Technology (KITECH) is a South Korean government research institute, established in 1989 to help develop technologies for the domestic industry, with focus on export competitiveness and

SMEs Superconducting magnetic energy storage (SMES) systems store energy in the magnetic field created by the flow of direct current in a Superconductivity, superconducting coil which has been Cryogenics, cryogenically cooled to a temperature below ...

. South Korea's then Ministry of Trade, Industry and Energy (MOTIE) established the Korea Academy of Industrial Technology (KAITEC) in 1989 to strengthen the technological base of

small and medium enterprises Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank ...

(SMEs). KAITEC was later renamed as the Korea Institute of Industrial Technology (KITECH). Following a re-organisation of government research institutes in 1999, KITECH was the largest institute grouped under the Korea Research Council for Industrial Science and Technology (ISTK), currently under the supervision of the

Ministry of Knowledge Economy The Ministry of Trade, Industry and Energy (MOTIE) is a ministry under the Government of South Korea. It is concerned with regulating some economic policy, especially with regard to the industrial and energy sectors. The ministry also works to e ...

. KITECH's focus is on the development and management of manufacturing technologies for SMEs. KITECH receives both government and private funding, and distributes most of its research grants to private companies. By the middle of the 1990s, KITECH's annual budget was around US$130 billion, and employed a staff of one thousand in five sub-institutes. The institute conducted materials research into environmentally friendly manufacture of metal alloys, and sold the technology to the private sector for 28.2 billion won. It also fostered the exchange of technological know-how with foreign research institutes by creating the Global Venture Investment Center in Seoul. Together with Korea Railroad Research Institute (KRRI) and the company Rotem, KITECH developed the

HSR-350x HSR-350x, alternatively called G7, KHST or NG-KTX, is a South Korean experimental high-speed train. It was developed and built in a joint project of government research institutes, universities and private companies that started in 1996, which aim ...

, a high-speed train with domestic technology. The institute also participated in the development of the android prototypes

EveR-1 Ever may refer to: * Ever (artist), creator of street art, from Buenos Aires, Argentina * Ever, Kentucky * -ever, an English suffix added to interrogative words in forms like ''wherever'' * KT Tech EVER, a South Korean mobile phone manufacturer ...

and 2.

External links

Korea Institute of Industrial Technology KITECH

References

Research institutes in South Korea 1989 establishments in South Korea {{SouthKorea-org-stub