Korea-US Science Cooperation Center Next Generation of Science Cooperation October 2008

Page  2 Contents KUSCO Center Location Organization Support of S&T Meetings Scholarship R&D Policies

Page  3 Overview  What / Who / Where we are How much do you know about KUSCO? Enhancing cooperative efforts in S & T between Korea and the U.S. Supporting Korean- American scientists in the U.S. Virginia State Law Non-Profit Organization by IRS Washington DC metropolitan area US Federal, S&T Institutions World diplomatic society Three-story bldg. 42,529 sf. Conference room for 100 audiences Parking lot for 155 cars

Page  4 History  How we are established Registered as the Virginia SCC as a coprporation The Korea-US Science Cooperation Center is opened. - NSF/KOSEF Symposium - US-Korea S&T Conference(UKC) The current building property is purchased at 5Million US dollars IRS approved KUSCO as a non- profit organization Nov Nov Aug Feb Aug ~

Page  5 Organization  Board of Directors Dr. K. Wayne Lee Dr. Tschangho J. Kim Dr. Kichoon Yang TBD Professor Department of Civil & Environmental Engineering University of Rhode Island Professor Department of Urban and Regional Planning University of Illinois at Urbana-Champaign Provost and Professor College of Natural Sciences Northwest Missouri Sate University Dr. Dewey D.Y. Ryu Dr. Vaughan C. Turekian Dr. Nicholas Vonortas Dr. Kang-Wook Lee Professor Department of Chemical Engineering and material science University of California Davis CIO & Director Office of International Initiatives American Association for the Advancement of Science (AAAS) Director Centre for International Science and Technology Policy (CISTP) George Washington University Senior Research Staff Electronic and Optical Packaging S&T IBM TJ Watson Materials Engineering Research Centre

Page  6 Organization  Executive Committee Dr. Sung Won Lee (Chairman) Dr. Vaughan C. Turekian Dr. Nicholas Vonortas Professor Department of Aerospace Engineering University of Maryland CIO & Director Office of International Initiatives American Association for the Advancement of Science (AAAS) Director Centre for International Science and Technology Policy (CISTP) George Washington University Dr. Paul Kang Dr. Gye Won Han Dr. Kang-Wook Lee Executive Director Former Program Manager US Federal Aviation Administration Scientific Associate Joint Centre for Structural Genomics The Scripps Research Institutes Senior Research Staff Electronic and Optical Packaging S&T IBM TJ Watson Materials Engineering Research Centre Dr. K. Wayne Lee Professor Department of Civil & Environmental Engineering University of Rhode Island Dr. Esther K. Yang Senior R&D Director Physical Chemistry Abbot Labs, Inc.

Page  7 New Website  The Front

Page  8 New Website  Programs

Page  9 Program Overview  Holding of S&T Meetings US-Korea joint meetings / KSEA chapter meetings  Participation in S&T Meetings Int’l participation / Domestic participation  KUSCO / KSEA Scholarship  Korea Summer Institue (KSI)  National Math & Science Competition  R&D news and trends  S&T Policies Scientists&Engineers / Young Generation / R&D information Scientists & Engineers Young Generation Research & Development

Page  10 Programs  Holding of S&T Meetings S&T Meetings KUSCO supports holding of various S&T meetings such as conference, forum, symposium, seminar, and workshop.  U.S.-Korea Joint Meetings - S&T meetings to enhance S&T development of both Korea and the US - S&T-related organizations or associations in the U.S. - 20% or more of participation by scientists without Korean heritage.  KSEA Chapter Meetings - Local chapters of the KSEA for developing and maintaining the regional S&T networks among Korean-American scientists and engineers - Young generation program of workshop or seminar - Up to $3,000 for the proposed meeting to match the cash amount provided by the KSEA Headquarter

Page  11 Programs  Participation in S&T Meetings S&T Meetings KUSCO supports domestic or international travel expenses to participate in various S&T meetings such as conference, forum, symposium, seminar, and workshop which are jointly organized by both Korean and American organizations and held in Korea or the United States. The program is open to Korean-American and American scientists and engineers residing in the United States who have been accepted to make a presentation (plenary address, technical or tutorial talk, etc.) at such meetings.

Page  12 Programs  KUSCO/KSEA Scholarship Scholarship  Scholarship - Outstanding graduate students who have demonstrated excellent talents in the fields of science and engineering - Identify and nurture potential leaders of scientific community for closer cooperation between Korea and the US in the future - KUSCO operates this program in cooperation with the KSEA  Korea Summer Institute (KSI) - NSF’s EAPSI program that provides US graduate students with research experience in Korea during summer vacation - collaborating with Korean counterparts in the future  National Math & Science Competition - Korean-American student to nationally compete their mathematics and science capability

Page  13 Programs  R&D Information Information and Trends  R&D News and Trends - Disseminating news and trends of R&D in the United States to Korean scientific community in a timely manner - National and State R&D policies, R&D support programs, research trends and achievements, science education and scientific publications, S&E workforce policies, and international collaboration  S&T Policies - Teams consisting of experts in policy-making areas determined by issues, trends, and developments in the fields of S&T

Page  14 Description ’97 – ‘04‘05‘06‘07‘08Total (U$) Meetings 805,336 (25) 132,194 (10) 178,250 (11) 158,328 (17) 147,055 (12) 1,421,163 (75 cases) Scholarship 42,000 (42) 15,000 (14) 27,848 (15) 39,623 (17) 35,850 (17) 160,321 (105 cases) S&T activities 175,000 (9) 20,000 (1) 3,000 (1) 35,000 (2) 44,200 (2) 277,200 (15 cases) R&D support 110,000 (3) - 5,720 (1) 3,185 (1) 30,595 (2) 149,500 (7 cases) Total1,132,336167,194214,818236,136257,7002,008,184 Performance  Annual Summaries

15 Fundamental Issues on KUSCO activities Rental is the only income source of KUSCO Operation Total of USD800,000 ~ FY2007 Program Budget of USD300, total rental meets 67% FY2009 Estimated Budget USD 100,000  The KUSCO operation depends 100% on the rental income  Office vacancy increased due to the unfavorable enconomy Operation Expense of USD500,000 KUSCO is to face a fundametal budget Issue for the future operation and prospect

Page  16 KUSCO COMPLEX – Value Transformation EVOLUTION just has begun !

- Information - Knowledge - Personnels - Consulting - Coordination - Education Overall S&T Program Management SecretariatMediatorComplex Value Funnels – Three Maturity Steps New S&T HUB The KUSCO complex will play the PMO for the S&T policy, Research and Education between US and Korea

R & D Education Evaluation S&T Policy Program, Project Planning and Management Consulting, Business Modelling, Finance Analysis, Technology Transfer. Publication Public Relations Current Assets (What We Have) Administration Value Components

Page  19 (703) Thank you KOCSEA!!