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“120 Years of Legacy, Connecting to the Future” – KUBS Celebrates Its 120th Anniversary

“120 Years of Legacy, Connecting to the Future” – Korea University Business School Celebrates Its 120th Anniversary      On Friday, May 23, Korea University Business School (KUBS) held a commemorative ceremony at SUPEX Hall in the LG-POSCO Hall to celebrate the 120th anniversary of its founding. This meaningful occasion marked both the 120th anniversary of Korea University and the establishment of the Department of Commerce at Bosung College—the predecessor of KUBS—offering an opportunity to reaffirm the school’s pioneering role as the cradle of business education in Korea.      The ceremony began with student ambassadors Shin Woo-jin (President of KUBE) and Kang Min-ji (Vice President of KUBE) serving as hosts. Following the national anthem and official proceedings, a series of congratulatory remarks were delivered. KU President Dong-One Kim stated, “The 120-year journey of KUBS is not only the history of the growth of business education in Korea, but also a story of challenge and innovation that has contributed to the development of the nation’s economy and society. In this era of great transformation symbolized by AI, I hope KUBS will continue to lead as a hub of future intellect and innovation.”  Alumni Association President Myung Ho Seung encouraged the students, saying, “KUBS has preserved its traditions while keeping pace with the changing times. I hope every student will rise to the global stage with fiery ambition and unwavering conviction.” Dongseop Lee, President of the KUBS Alumni Association, reflected on the school’s legacy, stating, “The 120-year history of business education has been built on the passion of our professors, the efforts of our students, and the dedication of our alumni.” He went on to highlight the late Sang-il Lee (Class of ’57) as a devoted benefactor, noting his consistent donations and support. “I am deeply grateful to KUBS for laying the foundation that enabled me to grow as an entrepreneur,” he said. He concluded by emphasizing, “Even in a globalized world, KUBS will continue to cultivate outstanding talent and contribute to the advancement of our alma mater, grounded in its traditions and strong alumni bonds.”  Alumnus Haksoo Lee (Class of ’65) delivered a congratulatory address, offering warm encouragement to the students: “I hope the four years you spend at Korea University Business School will be a great fortune and blessing for the Class of 2025.” He continued, “Today, I was once again reminded of how truly fortunate I was to have entered Korea University 60 years ago.” He went on to say, “When the university celebrates its 180th anniversary in 2085, I hope today’s freshmen will have become distinguished alumni who proudly pass down the traditions of Korea University and its Business School to future generations.”He also expressed his deep affection and gratitude for his alma mater, stating, “Korea University has always been my greatest source of strength and support.” “In return for the many blessings I have received, I have continuously sought to contribute to the university’s growth and development,” he added.      The event continued with a presentation reflecting on the 120-year legacy of KUBS. Professor Hojung Shin, Chair of the 120th Anniversary Commemorative Committee, gave a briefing on key milestones that have shaped Korea University Business School as a pioneer of business education in Korea, including: △the founding of Bosung College, △the establishment of the Department of Business Administration, △its elevation to an independent college, and △its transformation into a global business school.  Dean Eonsoo Kim presented an academic and strategic development report, expressing his appreciation by saying, “What began as the humble Department of Plutology has grown into Korea’s leading business school, thanks to the passion and dedication of so many.” He then introduced the school’s forward-looking vision of Next Intelligence, which aims to integrate Human Intelligence and Artificial Intelligence, and announced plans to establish the “3C 4Tech Trading Zone” within the school as a central space to bring this vision to life.      He emphasized, “A creative convergence space that breaks down the boundaries between technology, business, and art is a vital environment for nurturing the talent of the future,” and added, “This Trading Zone will serve as an open platform where students, companies, startups, and artists can freely interact, experiment, and grow together.”  The 3C 4Tech Trading Zone will feature the following:  △ 3C Café, offering refreshments and beverages; △ Transparent Whiteboards that encourage the free flow of ideas; △ Open Theater, presenting cultural content on Friday afternoons; △ Art Sculpture, a fusion of sculptural art and technology; and △ Art-Multimedia Practice Rooms.  Students from the Business School, College of Engineering, and School of Art and Design will form interdisciplinary teams to identify and carry out projects. These teams will collaborate with startups and companies, ultimately leading to the production of real-world products. The space will be operated as an Experiential Learning Place, where learning is driven by hands-on engagement. Dean Kim declared that through this initiative, Korea University Business School aims to become a central hub for cultivating creative talent grounded in 4Tech, reaffirming his strong commitment to leading innovation in future-oriented education.      The highlight of the ceremony was the Intergenerational Message Exchange. Alumnus Jaebong Suh (Class of ’65) delivered a heartfelt message to the freshmen of the Class of 2025, which was followed by a hopeful response from Hyunho Lee (Class of ’25), addressed to the incoming students of 2085. This symbolic moment of connection across generations left a lasting impression.  In his message, Alumnus Suh shared his life journey, including his experience of studying abroad in the United States with his family after graduation and the many challenges he overcame along the way. “I proudly say that I have lived a happy life thanks to the support of many people,” he said, encouraging the younger generation to embrace a spirit of challenge. He continued, “Although today’s youth face a difficult reality, you are students of Korea University Business School—carry the pride and responsibility that come with that name. When opportunities come your way, I hope you won’t hesitate, but step forward with courage.”    In his message to the Class of 2085, student Hyunho Lee began by saying,  “I feel truly grateful to be here, taking part in the 120th anniversary celebration of Korea University Business School.” He continued, “As I go through my student life, I often realize how fortunate I am to be studying in such an exceptional environment. The thoughtful care and warm atmosphere of the Business School support our growth,” and expressed his hope that this sense of gratitude will carry on into 2085 and beyond. His message to future generations has been sealed in a time capsule—along with a special edition of the Korea University newspaper from 1965 and articles featuring students from the Class of ’65—and is now on display at the KUBS Story exhibition in Hyundai Motor Hall, scheduled to be opened in 2085.      After the official ceremony concluded, all attendees stood together to sing the school anthem, sharing the emotion of the 120th anniversary. A group photo was then taken in front of SUPEX Hall, followed by a celebratory luncheon. The second part of the event began with a toast from alumnus Kwang Na (Class of ’65), who lifted the mood by proclaiming,  “Let us raise our glasses and shout: ‘Korea University Business School, shine forever, and ever, and ever!’”      For the past 120 years, Korea University Business School has laid the foundation for business education in Korea. For the next 120 years, it will continue its bold journey of innovation and global leadership. 

2025.06.16 Views 301

Leadership Academy Entrance Ceremony for Korea Zinc and Affiliates Held 

The Power of Nurturing Future Leaders: Leadership Academy Entrance Ceremony for Korea Zinc and Affiliates Held      On Monday, May 26, Korea University Business School held the entrance ceremony for the “Korea Zinc and Affiliates Leadership Academy” in Room 301 of Hyundai Motor Hall. Jointly organized by KUBS and Korea Zinc to nurture future leaders, the program has enrolled 29 participants from Korea Zinc and its affiliated companies.      The ceremony was attended by KUBS Dean Eonsoo Kim and Kwon In Dae, Head of the Human Resources Management Division at Korea Zinc, among other officials. The event included a welcoming address, a program introduction, and participant self-introductions. In his welcome speech, Mr. Kwon stated, “Just like metals that withstand high temperatures and pressures to become high-purity products, we need leaders who grow through trial and error. I hope this Leadership Academy serves as an opportunity to develop the kind of leadership demanded by our times.” Dean Kim added, “A true leader is not just a figure of authority but a strategic thinker who envisions the future. I hope the spirit of ‘Keep reading, keep learning’ will come to life here at Korea University.”      The Korea Zinc and Affiliates Leadership Academy is designed around an action-learning-based curriculum, built on a deep understanding of the group’s history, mission, core values, and business model. Over the course of seven months and four educational sessions, participants will systematically strengthen their leadership capabilities as well as gain practical business insights.     KUBS plans to continue expanding its collaboration with the business sector through customized corporate education programs, reinforcing its role as a leader in practical management education. 

2025.06.09 Views 343

Endless Imagination of Youth Connects to Startups… 2025 Startup Express Summer Season Concludes 

Endless Imagination of Youth Connects to Startups… 2025 Startup Express Summer Season Successfully Concludes      Korea University Business School successfully hosted the 2025 Startup Express Summer Season startup competition on Friday, May 30, at SUPEX Hall in the LG-POSCO Hall. Organized by the Startup Station under the business school,, the event was designed to support aspiring entrepreneurs in developing and growing their startup ideas.    Held every summer and fall, Startup Express is one of Korea University’s flagship student startup competitions.  Participants are offered opportunities to join the Startup Station for a minimum of 6 months up to 1 year, along with startup education programs. This year, eligibility was expanded beyond current undergraduates and graduate students (including those on leave) and alumni within five years of graduation to also include students from other majors, minors, and universities outside the Seoul metropolitan area—creating a broader, national startup networking platform.    Preliminary applications were accepted from April 14 (Mon) to May 7 (Wed). The face-to-face interviews were held on May 20 (Tue), followed by the final round and awards ceremony on May 30 (Fri). Twelve teams that passed the preliminary round advanced to the finals, where they presented creative and highly feasible startup ideas. Each team had five minutes for their presentation and five minutes for a Q&A session with the judges.      This year’s presented startup ideas included:  Thermit: An AI-based product detail page creation service  Nobel Ideas: A global web novel platform powered by fan translations  Gaon: A deep learning-based sound control instrument  Tarte: An AI-based fractional investment platform  During: A premium self-care brand for menopausal women  CEEDERS: A greenhouse gas reduction MRV procedure system  ANYWAY: A data analytics platform for solo content creators  Haneulcheon: An automated electronic disclosure platform  Franchat: A random chat service for acquaintances  LectureMate AI: An AI-powered lecture automation platform  Socially: A regional social engagement platform  Mindful Labs: An AI-based solution for mental health challenges      The judging panel consisted of 10 experts from various fields, including Hwang Joon-ho (Director of the Startup Station), Park Jin-gyu (Director of Seung Myung-ho Education Center), Kim Young-kyung (Director of Iljin Startup Support Center), and representatives from Dongwha Enterprise, The Korea Times, Iljin Global, Sopoong Connect, Talink, and Kingsbay Capital.      A total of KRW 10 million in startup support funding was awarded to the winning teams.  The Seung Myung-ho Entrepreneurship Award went to 'Mindful Labs' The Iljin Startup Award went to 'Tarte'  The Choo-Choo Entrepreneurship Award, determined by audience vote, went to 'Thermit'  The KUBS Class of ’79 Award was given to 'Thermit', 'LectureMate AI', and 'Socially'  All award-winning teams will receive Startup Station residency opportunities, expert mentoring, and entrepreneurship education programs.    During the opening ceremony, Professor Nam Dae-il, founding director of the Startup Station and Associate Dean of the Business School, said, “I’m proud to see this event continue its stable growth over the past nine years. I hope more students will create successful career stories through entrepreneurship.” Following this, Director Joon Ho Hwang presented a plaque of appreciation to Lee Sang-hyun, Chair of the KUBS Class of ’79 Alumni Association, which sponsored the event. Lee expressed, “I’m proud to see Korea University fostering such a vibrant startup ecosystem and hope to see a unicorn company emerge from our alma mater.”     In his closing remarks, Director Hwang added, “The quality of student startup ideas continues to impress me every year. Defining and solving problems that don’t have a fixed answer is the essence of entrepreneurship, and the fact that you’re at the starting line is meaningful in itself.”  The Startup Station also announced plans to offer additional residency opportunities to non-award-winning teams. All selected teams will receive two months of foundational entrepreneurship education from July, covering areas such as team building, market validation, intellectual property, law, finance, taxation, and mental health. 

2025.06.09 Views 406

[Interview] Professor Kihoon Kim on His New Book 『Platform Business in the Age of AI』

[Interview] Professor Kihoon Kim on His New Book 『Platform Business in the Age of AI』     “Even in the era of AI, the success principles of platform businesses remain valid, but the impact of AI on platform businesses is significant.”  Even as AI technology fundamentally reshapes the business paradigm, the essence of platform businesses remains unchanged. Professor Kihoon Kim’s new book, 『Platform Business in the Age of AI』, offers deep insights into the structure and evolution of platform business models and the transformative effects of AI. Through this book, Professor Kim seeks to present the core principles of platform strategy and a future-oriented perspective.    Q. What motivated you to write 『Platform Business in the Age of AI』?  A. The idea first came to me in 2012 when I participated in a seminar at Gyeongsang National University. Rather than presenting an academic paper, I had been invited to explain the concept of platform economy and strategy in a way that undergraduate students could easily understand. After spending an entire day traveling to and from Jinju, I thought to myself, “If I organize this material into a book, I could share this knowledge with a much wider audience.”  I began writing in earnest about three years ago. On a flight back from an academic conference in the U.S., I listened to an audiobook of Malcolm Gladwell’s MasterClass on writing. As I listened, I felt a strong conviction that the time had come for me to write a book. After years of contemplation, that moment marked the true beginning of this project.    Q. What are the core messages you aimed to convey through this book?  A. First and foremost, I emphasize that no matter how advanced AI becomes, the fundamental structure and survival principles of platform businesses remain valid. A platform essentially serves as an intermediary that connects Group A and Group B. The rules of survival and competition that arise from this structure remain largely unaffected by the advent of AI.  Another message I wanted to convey is that while many people associate platform businesses with innovation, I believe the term evolution is more appropriate. For example, American Express originally began as an express delivery company and, over the course of nearly 100 years, evolved into a credit card platform business. Many platform models grow not through sudden innovation, but through gradual, long-term evolution.  Finally, many startups and manufacturing-centered conglomerates still tend to think, “We have nothing to do with platform strategy.” I believe that mindset needs to change. Just as Apple evolved from a computer manufacturer into a platform company through the iPhone OS and App Store, manufacturers today can no longer regard themselves as unrelated to platform strategy. Korean companies—Samsung included—should actively explore opportunities to enter platform businesses by leveraging their existing customer bases.    Q. How do you see AI technology impacting platform businesses?  A. The most immediate impact of AI is the enhancement of matching technologies. Platforms like YouTube and Amazon, which actively leverage AI, analyze user behavior data to deliver more precise and personalized services. This, in turn, boosts user loyalty and further solidifies the dominance of leading platforms.  At the same time, AI is likely to accelerate user multi-homing, thereby increasing the survival chances of new platforms. For example, when searching for real estate listings, users in Korea often use four major apps: Zigbang, Hogangnono, Naver Real Estate, and Dabang. Even if these apps dominate the market, a new platform that leverages AI to offer a better user experience could still attract users—at least until the incumbent platforms catch up with similar AI features.  Another notable change is that generative AI could serve as a direct touchpoint between customers and platforms. For instance, if a user says, “I want to travel to Disneyland in LA,” current AI systems might simply create an itinerary. But in the near future, AI could evolve into a full-service assistant that even books flights. In such a scenario, AI becomes the intermediary between the customer and the travel platform, fundamentally transforming how platforms are used.    Q. How do you interpret the spread of generative AI and its effect on the platform market?  A. Generative AI has the potential to emerge as a new kind of player in the platform market. Take KakaoTalk, for instance—it built a large user base by offering free messaging, and later expanded into a full-fledged platform by adding features such as digital gifting and content sales. In a similar vein, generative AI tools like ChatGPT could leverage their massive user base to integrate with various platform services or even create entirely new ecosystems.  Ultimately, generative AI is both a technology with built-in platform capabilities and a potential launchpad for developing new platforms.    Q. What advice would you give to Korea University Business School students on how to approach this book?  A. If you're new to platform business, I recommend reading Chapters 1 through 6 to build a solid understanding of the basic concepts and structural foundations. These chapters are designed to help readers grasp the core principles in a step-by-step manner.  For students who already have some background knowledge or are interested in launching a platform-related startup, Chapters 7, 8, and 9 will be especially valuable. Chapter 7 presents a range of platform evolution cases, Chapter 8 explores how traditional companies have successfully transitioned into platform-based models, and Chapter 9 analyzes the impact of AI on platform ecosystems. These chapters offer practical insights that can help readers deepen their understanding and apply what they’ve learned to real-world situations.    Q. What was the most difficult or memorable part of writing this book?  A. The most difficult part was staying committed and seeing the manuscript through to the end. At times, I questioned whether people would actually find the book engaging. During those moments, my family’s support was a tremendous source of motivation. More importantly, I was able to keep going because I believed the book could offer unique value to readers.  While many books on platform business are rich in information, they often fall short in providing actionable insights or practical guidance. I wanted to make complex concepts easier to grasp—not through one-sided explanations, but by presenting real-world examples that readers could relate to and empathize with. In particular, I tried to convey the core of platform business through stories that reflect the actual experiences of companies and users, so that readers could understand the subject more naturally and intuitively.    Q. Do you have any upcoming research or writing plans?  A. I plan to continue my research on the platform economy while also exploring, from an academic perspective, how AI is reshaping business. These days, it’s clear that many people are deeply interested in the impact of AI—just take a look at the variety of books lining the shelves at bookstores. From technical guides on how to use AI to general interest books on its societal implications, AI is a topic of widespread fascination. My next goal is to delve into how AI is influencing both the business world and our daily lives, and to capture those insights in a future book.  I also run a YouTube channel called Kihoon Kim’s Business Insight, where I explain topics such as platforms, technology, and business strategy in a simple and engaging way. For stories that didn’t make it into the book or insights on the latest trends, I hope to reach more people through this channel. If you’re interested in platforms, AI, or business strategy, I encourage you to check it out.   ▶ [Click here to visit Kihoon Kim’s Business Insight YouTube channel] 

2025.06.09 Views 326

[Interview] Professor Jeunghyun Kim Publishes SK Tier 1 Paper

[Interview] A Simulation Strategy to Reduce Judicial Delays in India – Professor Jeunghyun Kim Publishes SK Tier 1 Paper      Q1. Congratulations on publishing a paper in an SK Tier 1 journal. How do you feel about this achievement?  I am truly honored and grateful to have my paper published in an SK Tier 1 journal. There were numerous challenges and iterations throughout the research process, but it is deeply rewarding to see these efforts culminate in publication in a prestigious international journal. What feels especially meaningful is that the findings were finalized at the right time and shared through such a respected platform. I hope to continue conducting research that offers genuine academic value.    Q2. Could you briefly introduce the main focus and background of your paper?  This study focuses on addressing the severe judicial delays experienced by the Supreme Court of India by proposing an operations strategy. Known globally for its chronic case backlogs, the Indian Supreme Court presented an opportunity to analyze a complex real-world issue from a service operations perspective. I collected actual case data from the Court’s official website and developed a simulation model that incorporates various operational scenarios.  Importantly, the model reflects the Court’s real-world operational structure, including both regular and holiday work schedules. Rather than suggesting a simple increase in personnel, the research demonstrates how improvements in operational methods alone can significantly reduce trial delays.    Q3. What motivated you to pursue this research?  This research didn’t originate from a particular social mission. I’ve always found fulfillment in solving complex problems—and if that process happens to benefit society, all the better. This project followed that same spirit.  Judicial delays in the Supreme Court of India extend far beyond legal concerns; they represent systemic inefficiencies that affect the broader society. In India’s labor-intensive economy, a delayed ruling can halt or disrupt economic activity. Some individuals are unable to start jobs due to unresolved legal issues, and contractual disputes may take anywhere from 300 days to three, or even ten years to resolve. Recognizing these structural inefficiencies, I set out to analyze the problem quantitatively and explore actionable improvements.    Q4. What potential impact do you think this research could have on society or industry?  This study highlights how optimizing the operational aspects of judicial systems can bring broad societal and economic benefits. Legal delays lead to postponed decision-making and stalled activity at every level—individuals, businesses, and governments alike.  Our simulation results show that, with the adoption of appropriate operational strategies, average trial delay times can be reduced by as much as one-third. Although the exact economic impact has not been quantified, a reduction of that magnitude would likely produce meaningful improvements across society. I believe enhancing judicial efficiency is a critical task that advances both fairness and productivity.    Q5. Could you share your future research plans or areas of interest?  Many business research projects are inspired by real-world developments. For example, the emergence of Uber spurred numerous studies on matching algorithms and pricing strategies. My approach differs slightly: rather than beginning with a specific application, I ask which kinds of problems can be addressed using a given analytical method.  Going forward, I plan to continue exploring the practical relevance of my methodological tools. My work is method-driven rather than problem-driven—but if the method proves effective in solving real-world challenges, I consider that a meaningful academic contribution.    Q6. Do you have any advice for junior researchers or students?  Above all, I encourage you to broaden your perspective. The world is full of compelling, high-impact problems—but without a wide field of view, you may never discover them. Staying attuned to what’s happening beyond your immediate environment is essential.  Also, don’t avoid difficult challenges. Each problem requires its own suitable set of tools—its own methodology. If you stick only to what you’re comfortable with, you may miss opportunities to solve important issues. I recommend that students step outside the business school and engage with courses in mathematics, industrial engineering, economics, and beyond.  You don’t need to master every subject. Sometimes just knowing that a certain method exists can completely change the way you understand a problem and dramatically expand the scope of your research. I firmly believe that a broad intellectual curiosity and a balanced learning approach are the foundation of impactful research.    Summary of Professor Jeunghyun Kim’s Paper  “Service Operations for Justice-on-Time: A Data-Driven Queueing Approach”  A lack of resources in judicial systems can lead to trial delays, hinder economic growth, and ultimately erode access to justice. This study examines the Supreme Court of India through the lens of service operations and proposes realistic strategies for improvement.  The Indian Supreme Court operates under a structure where the same judge repeatedly reviews a single case—a system that can be modeled as a case management queue. Based on actual case data, the research team developed a simulation model that realistically represents the two-phase judicial process: pre-admission and post-admission. The model reflects actual conditions, including shared judicial capacity across phases and non-working days such as holidays.  The study found that inefficiencies arise from misalignment between case scheduling and judicial capacity, as well as from rigid calendaring systems. However, by introducing more flexible scheduling, average trial delays could potentially be reduced by up to 65%.  This research offers a data-driven and operationally feasible alternative for enhancing judicial system performance and delivering more timely and equitable legal services. 

2025.05.26 Views 792

"You Are Already Winners" The 118th Graduation Ceremony of the Business School and Graduate

"You Are Already Winners" … The 118th Graduation Ceremony of the Business School and Graduate School of Business Successfully Concluded      The 118th graduation ceremony of Korea University Business School (KUBS) and the Graduate School of Business Administration (Dean: Eonsoo Kim) was held on Tuesday, February 25, at Inchon Memorial Hall. The event was attended by graduates, faculty members, family, and friends, all sharing in the joy of this milestone.       During the ceremony, Dean Eonsoo Kim reflected, "Looking back on the past few years, there must have been challenging times, but you have overcome them. No one knows what the future holds, but in the end, you will emerge victorious." Following this, Dongseop Lee, President of the Korea University Business School Alumni Association, encouraged graduates with the words, "Focus on your goals, challenge yourself without fear, and strive to be someone others admire—this will lead you to success." Sunhwa Shin, CEO of UCK Partners and a KUBS alumna, also delivered congratulatory remarks and advice to the graduates.      Representing the graduating class, Seonwoong Yoon (Business Administration, Class of 2019) shared, "Looking back now, my university years have passed by in the blink of an eye. Moving forward, I will continue to take pride in my alma mater, Korea University Business School." The ceremony concluded with the presentation of the President’s Award, Dean’s Award, and degrees. As the final moment of celebration, graduates stood together, tossing their caps into the air, marking the joyous end of the ceremony. 

2025.02.27 Views 883

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