Minhwa Lee

Based on the study results and numerous published research papers in KAIST, Dr. Min-Hwa Lee established S. Korea’s first venture company, Medison Co., Ltd. in 1985, which has grown into a global medical equipment company. Through this experience, he promoted and contributed on the establishment of more than 30 medical companies accounting for 70% of S. Korea’s medical equipment exports. He played a leading role in founding Korea Venture Business Association in 1995 and announced the Vision 2005. He also paved the way for venture companies to flourish in S. Korea by enacting special law on venture companies, establishing KOSDAQ, and initiating various venture policies including stock option, venture building and laboratory business start-up. Recently he has advocated Eurasian Network movement as S. Korea’s strategy to become a developed country, and with the respect to the movement he established Eurasian Network Association. and is supporting the Eurasian humanities research and study of the Humanities Institute. In 2009, one of the halls at KAIST was renamed Dr. Min Hwa Lee Hall in honor of his great contribution to fostering of S. Korea’s venture business as a venture business pioneer. On 23rd July 2009, he was appointed the first ombudsman at Office of the Small and Medium Business Ombudsman whose foundation was part of the government’s deregulation policy. In April 2011, he established ‘Korea Digital Hospital Export Agency (KOHEA)’ and has newly started a novel activity as the founder and chairman of KOHEA. On June 5th, 2013, Dr. Min-Hwa Lee has established the Creative Economy Research Society to plan the civilian future of S. Korea. Dr. Min-Hwa Lee is teaching entrepreneurship and venture as a visiting professor at KAIST University and is also supervising the nurturing of young gifted entrepreneurs. Specialties: medical, start-up mentoring