• Organization TypeInstitute
  • HeadquartersKorea, South
  • Founded1976

Korea Institute for Industrial Economics and Trade (KIET)

The Korea Institute for Industrial Economics and Trade (KIER) is the only national research institute in Korea that professionally researches domestic and international industries and trade and trade fields. Established in 1976 to support the industrial development and trade growth of the Korean economy, the Korea Research Institute has been faithfully serving as a think tank for the establishment of industry and trade policies in Korea for the past 40 years. They have been focusing on supporting their industry to strengthen their competitiveness and constitution in response to changes in the global industrial environment. The trends surrounding the industry are changing too quickly. The future of the future will become a super-connected intelligence information society in which industry, society, and individual move together by the rapid development of the Fourth Industrial Revolution.  In order to survive and strengthen their competitiveness in the global market, flexible adaptability and core competence are crucial. To this end, KIET is making efforts to present industrial strategy directions such as development strategy of future manufacturing, convergence of manufacturing and service industry, and establishment of innovative ecosystem of local industry. In addition, they are leading the way to create a growth ecosystem for small and medium venture companies and to increase trade and promote trade cooperation.  In the future, KIET will do its utmost to find out industrial policies and improve the system so that Korean industry can contribute to job creation and export expansion through continuous development, to create conditions for a virtuous cycle of business activities, and to enhance competitiveness of local industries and small and medium-sized venture companies. I will do it. Their researchers will endeavor to develop the global vision of the Korean industry in response to the rapidly changing era of change and to become a global researcher with a global network to contribute to the advancement of advanced industrial structure.
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Company Offices

  • Korea, South (headquarters)
  • Sejong City Hall as 370 (bangokdong, East Economic Policy) (bungee) gejong special municipal economic policy bangokdong 736 East