President Park Geun-hye visited the Daedeok Techno Valley in Daejeon on Nov. 29, 2013 on the occasion of the 40th anniversary of establishment of the Valley, and asked the scientists, researchers and officials working there to make the Valley the 'Home of Creative Economy.’
She told them that her father, the late former President Park Chung-Hee, established the science-technology park 40 years ago, and expressed hopes that the Park will be developed into the cradle of the newly conceived 'Creative Economy’ of Korea.
Thence she has been stressing the importance of developing advanced science and technology on various other occasions linking it to the successful implementation of the ‘creative economic plans.’
During another tour local science-technology park, President Park said: “The Korean government will try to revitalize the economy by establishing science and technology innovation centers that can realize the government`s vision for the creative economy.”
“The economy will not develop further unless we meet the challenges of the changing world economy,” she said. “For an economic takeoff, it is inevitable that we transform the economy into a more innovative form.”
Park said that the science-technology centers in Korea will offer a space for creativity.
Then she reminded that founders of the world’s leading companies such as Apple, Google or Amazon, all started their business in a small garage or places like that. "The government will turn the science-technology centers into spaces for firms and talented individuals where they can communicate and cooperate with one another. The centers will become their ?arage of dreams?where their ideas can be realized and turned into new technologies and products and be developed into new businesses," said the President.
Today, according to experts, Korea? future competitiveness depends on the 'reative economy.'