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The Institute for Basic Science (IBS: Korean: 기초과학연구원) is a Korean government-funded research institute that conducts basic science research and relevant pure basic research (basic research). IBS was established in November 2011 as a key research hub of the International Science and Business Belt (ISBB) by the Lee Myung-bak administration. IBS pursues excellence in research to acquire new knowledge, develop original technologies and foster skilled scientific talents. It is located in the heart of Daejeon, Korea’s fifth largest city. The current Korean government under Park Geun-hye has announced its plan to grow the ISBB into a center for new national growth as one of its 140 administrative tasks. IBS Research Centers (Centers) are the main research arm of IBS and as of July 2015, 25 Centers are up and running: 1 in mathematics, 8 in physics, 6 in chemistry, 8 in life sciences, and 2 in interdisciplinary studies. The IBS budget for 2015 is approximately 260 million USD. Each Center is funded with by a maximum of 10 million USD per year and it has a total staff of approximately 551 permanent employees, including 435 scientists, plus around 710 student assistants (as of May 2015).

Science and Technology in Korea
Science and technology has been a key driving force for national growth of Korea since 1966 when the Korea Institute of Science and Technology (KIST) was established. KIST was at the forefront of the industrialization of Korea. However, with the advent of the knowledge-intensive economy, it has been widely believed in the nation that its long-sought fast-follower strategy reached the limits of its impact in enhancing national competitiveness and a proactive initiative to secure creative and fundamental knowledge is essential for a nation to keep ahead. The notion has garnered the broad support from the public that, to be globally competitive, Korea needs to acquire a stronger basic science capacity, which will help to expand the boundaries of the world’s new knowledge. The urgent need for a higher scientific impact resulted in the foundation of the Institute for Basic Science (IBS) in 2011 to transform the nation into a leading country in science.

IBS Principles
IBS aims to create a new R&D paradigm in the nation by upholding its four principles – excellence, creativity, autonomy and openness. Excellence: To ensure excellence in research, IBS implements a series of qualitative review programs (peer reviews by Review Panels, open symposium and reference letters) to appoint the best scientists from around the globe as IBS directors. Creativity: It promotes a supportive research environment to facilitate creative research by reducing compliance and administrative requirements from researchers. Autonomy: At IBS, researchers choose the themes of their research and are responsible for the organization of Centers’ workforce and general administration of Centers. Openness: IBS has an open system of collaborations through its faculty researcher programs and locating its Campus and Extramural Centers in universities and government-funded research institutions.

Legal Background
Special Act on Establishment and Support of International Science and Business Belt

http://elaw.klri.re.kr/eng_mobile/viewer.do?hseq=29221&type=part&key=18

History

 * 2011. 01. The Special Act on Establishment and Support for International Science and Business Belt was announced.
 * 2011. 09. The Basic Plan for IBS Establishment and Operation was established.
 * 2011. 11. IBS was registered as a legal entity, and Dr. Se-Jung Oh was appointed as the 1st president of IBS.
 * 2012. 05. The IBS Opening Ceremony was held. Nine IBS directors were selected in the first round of the selection.
 * 2012. 10. Six IBS directors were selected in the second round of the selection.
 * 2013. 06. Three IBS directors were selected in the third round of the selection.
 * 2013. 07. It was decided that the IBS HQ will be relocated to the Expo Science Park as the Central district of the ISBB was expanded.
 * 2013. 10. Three IBS directors were selected in the fourth round of the selection.
 * 2014. 09. The second IBS president, Doochul Kim took office. (term of office: September 22, 2014 ~ September 21, 2019)
 * 2014. 12. Three IBS directors were selected in the fifth round of the selection.
 * 2015. 06. One more IBS director was selected in the fifth round of the selection.

Research Centers (Centers)
Centers conduct group research projects in independent laboratories and IBS will launch a total of 50 Centers by 2021. Centers seek to act as a catalyst for research collaboration between universities and government-funded research institutions and between young and senior scientists.

Types of Centers
To strengthen the required networking among the research entities, Centers are grouped into three categories: HQ, Campus, and Extramural.


 * HQ: located in IBS HQ, HQ Centers strive to lay the foundation for basic science research and encourage close research cooperation through interdisciplinary research
 * Campus: in association with science and technology universities (KAIST, DGIST, UNIST, GIST and POSTECH), Campus Centers focus on research that their host institutions are specialized
 * Extramural: as prominent research groups in universities or research institutions, Extramural Centers draw on their extensive research capacity.

Scope of Research
IBS pursues adventurous research that challenges traditional thinking and pioneers new research areas. To facilitate creative research, Centers conduct long-term, large and group research, which does not fit the nature of Korean university laboratories (basic and applied research on a smaller scale) and other government-funded research institutions (applied and development research on a mid-scale).

IBS Centers
As of July 2015, 25 Centers have been established: 1 in mathematics, 8 in physics, 6 in chemistry, 8 in life sciences, and 2 in interdisciplinary studies.

Peer Review Process
IBS adopts evaluation criteria of global standards to assess quantitative merits, such as scientific excellence of directors and the feasibility of proposed research in the selection of IBS directors. It prioritizes selecting the best scientists as IBS directors, instead of organizing Centers for a specific research theme or project and selected directors choose the themes of their research. As of July 2015, 25 Centers have been selected in the IBS peer review process. The first level of review is carried out by a Review Panel composed of independent scientists who are experts in the relevant fields of study. To ensure the highest standards of excellence and impartiality, half of the panels are composed of foreign scientists. (During the past five rounds of selection (2012 ~2015), 301 scientists from 20 countries have participated in review panels. The second review is performed by the Selection and Evaluation Committee (SEC). The SEC is composed of leading scientists from all fields of basic science, including IBS directors. Only applications that are recommended for approval by Review Panels and the SEC are referred to the Scientific Advisory Board (SAB) for final review. SAB members are composed of scientific and non-scientific representatives chosen for their expertise. Final selection decisions are made by the IBS president.

Autonomy in Research
Understanding that basic science begins with a curiosity about the unknown and flourishes when scientists unleash their full creative potential, IBS seeks to promote scientists’ autonomy in research and create a supportive and nurturing environment that enables scientists to fully engage in research.

Construction Plan
The IBS HQ Complex will be built in the Expo Science Park. The construction of the IBS HQ Complex is planned to be complete by 2021.

Organization

 * 25 Centers (HQ, Campus and Extramural)
 * 1 Research Project
 * Rare Isotope Science Project (RISP)
 * 1 Affiliated Institution
 * National Institute for Mathematical Sciences (NIMS)
 * Administrative agency
 * 3 Divisions
 * Division of Research Services
 * Division of Policy & Planning
 * Division of Administrative Services
 * 1 Department
 * Department of Communications
 * 13 Teams