Doha: Qatar Science & Technology Park (QSTP), the country’s primary accelerator and incubator for technological development, hosted another successful TECHtalk expert discussion under the theme ‘Industrial Technology and Commercialisation’.
The event saw QSTP and the Korea Institute for Advancement of Technology (KIAT), with whom QSTP has a knowledge-sharing agreement, present best practices from various perspectives that highlight technological experiences of Qatar and South Korea.
In the opening discussion, Hamad Al Kuwari, Managing Director, QSTP, addressed the commercialisation of technologies from the R&D stage to their successful introduction into practice, and the vital role of techno parks in the process.
“Technology parks are central to activating the catalytic process which fosters business development,” he said.
“New R&D firms create entrepreneurships and job opportunities for highly qualified people. They also improve the country’s physical and technological infrastructure, attract foreign investment and create a stimulating environment with unique facilities and quality services.”
He stressed the value of Qatar-South Korea collaboration.
“Through discussions between QF R&D representatives and their Korean counterparts last year, agreements were set, specifically between KIAT and QSTP. The agreements outline and work towards establishing policies on industrial manufacturing and creating an ideal ecosystem of collaboration.”
James (Jung-Wook) Kim, Leader, Global Strategy Planning Team, KIAT, said: “R&D is meaningless until it is put to use.
“Money and time are required for the commercialisation of technologies and these are not always available. South Korea has a top ranking in investment and research, but still lags behind in the commercialisation aspect, making it important to initiate programmes that support tech transfer.
“That is what our National Tech Bank does, and this is why we value the rich exchange between KIAT and QSTP in terms of sharing knowledge and experience in best practices, successful entrepreneurial programmes and favourable industrial policies, in addition to providing mentorship opportunities.”
Senior QSTP officials gave presentations on the park’s successful support programmes.
The Peninsula
