The Ministry of Knowledge Economy (MKE) was the former name of one of the South Korean government agencies. It was dealing with regulating some economic policy, especially with regard to the industrial and energy sectors. The ministry also works to encourage foreign investment in Korea.
The Ministry formed on February 29, 2008 and at its core, the Ministry strives to assemble traditional industrial know-how, cutting edge R&D, and strong pro-business policies. MKE is a seamlessly integrated composition of former Ministries of Commerce, Industry and Energy; Information and Communication; and Science and Technology. This combination provides a vast array of experts to create synergies, spur innovation, and upgrade South Korea economy.
The ministry began in 1948 as the Ministry of Commerce in the First Republic. In 1993 it was merged with the Ministry of Energy, established in 1977. It became the Ministry of Knowledge Economy in 2008, and the Ministry of Trade, Industry and Energy (MOTIE) during mid of 2013.
KOISRA has worked with the Ministry of Knowledge in the past and today continue to maintain relevant network with the officers from the Ministry of Trade, Industry and Energy.
For more information about MOTIE, please check their website in English: http://english.motie.go.kr/
