WHO WE ARE

In 2016, the Seoul Metropolitan Government created the Seoul Digital Foundation to serve as a nexus for exciting city-wide digital innovations in Korea's most prominent economic, social, and cultural hub: Seoul! In this role, the Seoul Digital Foundation seeks to create a next-generation digital infrastructure for Seoul where safety, transportation, environmental, and other urban issues can be immediately addressed with state-of-the-art digital technologies.

WHAT WE DO

‌In line with our mandate from the Seoul Metropolitan Government, the Seoul Digital Foundation conducts research and consultation on information and communication technology (ICT) to perform our core responsibilities, which includes: fostering a digital economy, solving urban issues through innovative technologies, assisting information technology (IT) startups in Seoul, developing and providing digital literacy education for residents of Seoul, managing the Gaepo Digital Innovation Park, and hosting the annual Seoul International Digital Festival.

Tackling urban issues with digital technologies

With a growing demand for policies to respond to the emergence of new digital technologies as well as to rapid changes in the digital landscape, there is a need for Seoul to stand at the forefront of the digital era and reorganize the potential of digital governance to improve the lives of citizens through digital technology. Even though the digital infrastructure of Seoul is one of the world's best, the quality of life is ranked at the bottom among advanced global cities around the world. Public-private policy cooperation to make the most of the public sector’s planning ability in conjunction with the expertise of the private sector is needed to swiftly develop policy measures to address issues related to technological advancement.

Designing governmental policies for a digital economy

With a growing demand for new economic policies due to the expansion of industries based on new digital technologies, Seoul faces drastic changes in its economic structure with the emergence of a shared economy, online-to-online commerce (O2O), and big data. The global market size for the shared economy is projected to grow more than 20 times, from approximately KRW 16 trillion in 2014 to KRW 367 trillion in 2024 (PwC, 2015). There is a need to introduce a new system statistical measurement for GDP and the value of the digital economy, including taxation and regulation strategies to promote industrial growth with a focus on conversion/transition of traditional industries into high-value added digital industries. The accelerated convergence of digital technologies and traditional industries (e.g. healthcare, education technology, financial technology) is expediting efforts to revitalize the industry. A comprehensive and integrated regulatory system is needed to shape policies and regulations to promote convergence between businesses and industries in the age of the 4th Industrial Revolution.

Building infrastructure for digital innovation

Understanding the potential of digital technologies and their potential for unprecedented societal transformation are crucial for living in today's world. Digital technologies and knowledge-based capital investment and expansion have emerged as key elements to bring about social transformation (OECD Digital Economy Outlook 2015). There is a growing need to promote early software education to foster the next generation of leaders in the digital economy. Korea's digital education system for future generations is not on par with that of major countries around the world. The country is in urgent need of innovative digital literacy education. There is an increasing need for early digital education to foster next-generation leaders in the digital economy. A wide range of creative programs is needed to encourage digital innovation. Although numerous facilities were provided to digital businesses across the nation in a short period of time, most of the facilities were not fully utilized (less than 10 people/day) because the characteristics of the businesses were not taken into account. There is a need for comprehensive facilities and programs designed to help people share and exchange innovative ideas to create new inventions.

WHAT WE DO

‌In line with our mandate from the Seoul Metropolitan Government, the Seoul Digital Foundation conducts research and consultation on information and communication technology (ICT) to perform our core responsibilities, which includes: fostering a digital economy, solving urban issues through innovative technologies, assisting information technology (IT) startups in Seoul, developing and providing digital literacy education for residents of Seoul, managing the Gaepo Digital Innovation Park, and hosting the annual Seoul International Digital Festival.

Tackling urban issues with digital technologies

With a growing demand for policies to respond to the emergence of new digital technologies as well as to rapid changes in the digital landscape, there is a need for Seoul to stand at the forefront of the digital era and reorganize the potential of digital governance to improve the lives of citizens through digital technology. Even though the digital infrastructure of Seoul is one of the world's best, the quality of life is ranked at the bottom among advanced global cities around the world. Public-private policy cooperation to make the most of the public sector’s planning ability in conjunction with the expertise of the private sector is needed to swiftly develop policy measures to address issues related to technological advancement.

Designing governmental policies for a digital economy

With a growing demand for new economic policies due to the expansion of industries based on new digital technologies, Seoul faces drastic changes in its economic structure with the emergence of a shared economy, online-to-online commerce (O2O), and big data. The global market size for the shared economy is projected to grow more than 20 times, from approximately KRW 16 trillion in 2014 to KRW 367 trillion in 2024 (PwC, 2015). There is a need to introduce a new system statistical measurement for GDP and the value of the digital economy, including taxation and regulation strategies to promote industrial growth with a focus on conversion/transition of traditional industries into high-value added digital industries. The accelerated convergence of digital technologies and traditional industries (e.g. healthcare, education technology, financial technology) is expediting efforts to revitalize the industry. A comprehensive and integrated regulatory system is needed to shape policies and regulations to promote convergence between businesses and industries in the age of the 4th Industrial Revolution.

Building infrastructure for digital innovation

Understanding the potential of digital technologies and their potential for unprecedented societal transformation are crucial for living in today's world. Digital technologies and knowledge-based capital investment and expansion have emerged as key elements to bring about social transformation (OECD Digital Economy Outlook 2015). There is a growing need to promote early software education to foster the next generation of leaders in the digital economy. Korea's digital education system for future generations is not on par with that of major countries around the world. The country is in urgent need of innovative digital literacy education. There is an increasing need for early digital education to foster next-generation leaders in the digital economy. A wide range of creative programs is needed to encourage digital innovation. Although numerous facilities were provided to digital businesses across the nation in a short period of time, most of the facilities were not fully utilized (less than 10 people/day) because the characteristics of the businesses were not taken into account. There is a need for comprehensive facilities and programs designed to help people share and exchange innovative ideas to create new inventions.

List of Projects

ㆍResearch on Digital Urban Innovation for Seou
ㆍSurvey on Seoul Digital Industry
ㆍInternational Cooperation Program for Urban Issues
ㆍSeoul International Digital Festival
ㆍSeoul International Digital Art Exhibition and Performance
ㆍInternational Cooperation Program for Urban Issues
ㆍOperation of Advisory group “Digital Doctors
ㆍDigital Newsletter Publishing

ㆍResearch on Digital Economy Policy for Seou
ㆍOperation of Seoul App Business Center
ㆍDrone Conference and Racing Competition
ㆍDigital literacy Education for Future Innovators
ㆍMindship Education for Future. Innovators
ㆍDigital Literacy Education Course for Parents, Teachers, and Public Officials
ㆍOperation of Gaepo Digital Innovation Park

MANAGEMENT

Chi Hyung Lee has been leading the Seoul Digital Foundation since its founding with the mission to lead digital innovations for the Seoul Metropolitan Government. Prior to joining the foundation, he worked for industry and academia in the areas of IT, internet, and media for 25 years, which included being a team leader of SK Telecom, SVP of Daum Communication, VP of KT, and a professor at Pyeongtaek University. He received his doctoral degree in information system from Yonsei University, his masters in accounting from the University of Denver, and his bachelors in engineering from Seoul National University.

Chairman
Lee, Chi Hyung

President
Seoul Digital Foundation

Director
Ju,Yong Tae

Director General of Creative Economy Planning Bureau,
Seoul Metropolitan Government

Director
Kim, Bo Seul

Professor,
Seoul Institute of the Arts

Director
Lee, Won Mok

Director General of Finance & Planning Bureau,
Seoul Metropolitan Government

Director
Kim, Seong Chul

Professor,
Korea University

Auditor
Byeon, Young Sun

Chief Director of Taxation,
Samil PwC

Director
Yoon, Dae Gyun

Professor,
Ajou University

Auditor
Pak, Tae Ju

Director of Digital Industry Division,
Seoul Metropolitan Government

CONTACT US

We are keen to share ideas and engage with others on a wide range of activities and topics related to the digital revolution.

Seoul Digital Foundation

Address : (06324) 416, Gaepo-ro, Gangnam-gu, Seoul, Korea
Email : ynh@sdf.seoul
Tel :+82-2-570-4644