Strategies for building partnership between Korea and India in the era of the 4th Industrial Revolution


 

  • Date: November 29th, Friday, 2019 16:00-17:00
  • Location: Room 230, SNUAC (Bldg. 101)

In the era of the 4th Industrial Revolution, India, as well as Korea, is rapidly proceeding with the smart innovation of the market and industry. In such a situation, we will examine what kind of partnership Korea and India can build together, not only in the field of technology such as the aviation/space industry, the medical industry, and electronic/smart industry but also in the comprehensive field including social and legal systems.

Speaker: Kim Bong Hoon (Director, Global R&D Center, Hanyang University)

Dr. Kim Bong Hoon has served as an expert on India at POSCO Research Institute and currently works as the director of Global R&D Center at Hanyang University and a civilian committee member for the Presidential Committee on New Southern Policy. He has authored many publications on industrial exchange between India and Korea, and on the medical and smart industries in India.



On November 29th, SNUAC South Asia Center invited Director Kim Bong Hoon (Director, Global R&D Center, Hanyang University) for a colloquium on ‘Strategies for building partnership between Korea and India in the era of the 4th Industrial Revolution’. In this colloquium, we diagnosed the current status of Korea and India in their national competitiveness and the level of development in basic scientific technology and examined Korea’s attitude and strategy in facing India in the era of the fourth Industrial Revolution.

India has caught up with Korea’s GDP ten years ago, and currently doubles that of Korea’s by recording a GDP of 2 trillion dollars in 2019. While Korea lacks financial and social investment in the basic sciences for advancing into the fourth Industrial Revolution, India outpaces Korea in national competitiveness based on generous investment in basic sciences. In this reality, it is a major error to think of building partnership with India in the perspective of ‘market development’ or national aid. Through the colloquium, we were given the affirmation that we must figure out specific strategies to build a cooperative relationship to seek mutual benefit, and that we are in a dire need for generous investment in basic disciplines to narrow down the gap in the national competition with advanced countries and India.

Photos by DooWon Chang (Academic Reporter)