Korea Institute for Advancement of Technology
The Korea Institute for Advancement of Technology (KIAT) is a quasi government-public institute under the Korean Ministry of Trade, Industry and Energy. Formed in May 2009, the main functions of KIAT include analyzing and formulating Korean R&D and industrial policy, acting as an industrial technology innovation funding agency, creating Korea's industrial and technological ecosystem, and fostering international technological cooperation. KIAT has an annual budget of circa one billion dollars, and employs 257 staff. (2012)
Korea Institute for Advancement of Technology
The Korea Institute for Advancement of Technology (KIAT) is a quasi government-public institute under the Korean Ministry of Trade, Industry and Energy. Formed in May 2009, the main functions of KIAT include analyzing and formulating Korean R&D and industrial policy, acting as an industrial technology innovation funding agency, creating Korea's industrial and technological ecosystem, and fostering international technological cooperation. KIAT has an annual budget of circa one billion dollars, and employs 257 staff. (2012)