“The key to lifting the nation from its sluggish economy and its downward spiral lies in the creative industries,” said President Park Geun-hye during the opening ceremony for the “Center for a Creative Economy and Innovation Festival” held in Daejeon on Aug. 27.

President Park Geun-hye delivers her congratulatory remarks during the opening ceremony for the ‘Center for a Creative Economy and Innovation Festival’ in Daejeon on Aug. 27.
“As all 17 of the Centers for a Creative Economy and Innovation across the nation are now in full operation, we have seen great results, both big and small, coming to light there. I hope that these achievements will help the nation gain growth momentum, fanning the flames of the creative industries across the nation,” the president said.
President Park outlined three roles that the centers should take on: become a place where new ideas, technologies and capital investment are shared freely among start-ups; be a platform that allows both businesses and academia to cooperate to innovate and grow local economies; and, lastly, to be a stepping stone to creating more jobs for young people.

President Park Geun-hye browses items developed by companies that have received support from the nation’s Centers for a Creative Economy and Innovation, at the Korea Advanced Institute of Science and Technology (KAIST) in Daejeon on Aug. 27.
Following the festival, President Park oversaw a brief ceremony where corporations agreed to invest in the Centers for a Creative Economy and Innovation. “I hope that those who start their own business here will become new leaders, to drive the nation’s economy, to thrive in their chosen industry and also create more jobs,” the president said.

President Park Geun-hye is among the crowd at a performance that follows the opening ceremony for the ‘Center for a Creative Economy and Innovation Festival.’
By Sohn JiAe
Korea.net Staff Writer
Photos: Cheong Wa Dae
jiae5853@korea.kr