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KAIST was established in 1971 to model a research focused university and to foster elite human resources in science and technology needed by the nation. Currently, KAIST has successfully become a well-respected member of the worldwide science community In the future, KAIST must become a university in which the world lays its eye upon, by discovering the best leaders, offering the best education, and becoming the envy of the academic world, not only within Korea but all over the world through the university’s first invention.


The goal of ISPI is to advance our society through innovative solutions to those challenging issues in technology, economics, policy, and even politics, and to enable more balanced and unbinding future to be realized earlier. We focus on the "Strategic Management of the Dynamics of Innovation" and is to understand the role of technological and market evolution and innovation in shaping the destinies of industries and firms. We also focus on the effect of regulation on innovation and corresponding welfare of our society in order to enhance our social welfare through innovation. The Cultural Management & Policy Lab aims to enhance our cultural environment through innovative research on management and strategic issues of cultural contents and industry as well as cultural policy. We bring about sustainable changes in culture by (1) enhancing our understanding of culture, business and creative industry (2) discovering and disseminating economic, marketing, neuro-scientific, and technological solutions to challenges that culture industry faces (3) providing interdisciplinary understanding and knowledge about culture industry. Our strategic focuses are (1) the economics and policy relevant research on a broad range of culture industry (2) the structured understanding of complex dynamics of culture (3) Consumer-Content Interaction (CCI) aiming to provide new business model.