Title: Korea Trade and Industrial Policy. Speaker: Mr. Chang Kyu Kim, Minister-Counselor for Trade, Industry & Energy at Embassy of the Republic of Korea. He discussed the change in the industrial paradigm, moving from industrial revolution (offline), to information revolution (online), and to smart revolution (offline + online, internet of things and convergence). 'Smart revolution' is characterized by three terms: connected (IoT — smart factory, smart home, smart transportation), flexible (bended watch, rollable TV, smart clothes), and electric (renewable energy, electric vehicle, negawatt market). Korean government identified thirteen new growth engine projects for the country, to create new markets and ecosystems as well as revitalize manufacturing. Korea uses Free Trade Agreements to create new markets. Korean enterprises are becoming knowledge exporters (system knowledge, know-how, operation and maintenance). Prepared by Sungyong In, KMI Coordinator. Next KMI Seminar: December 11, 2015 at GWSB.