A leading South Korean university will no聽longer open its聽own branch campus in聽New York City, instead announcing that it聽has joined forces with a聽local institution.
The Korea Advanced Institute of Science and Technology (KAIST) is聽forming a聽partnership with New York University to聽open a聽joint campus in the city, a聽departure from KAIST鈥檚 earlier plans of聽going solo in聽what would have been its聽first venture in the聽US.
On 21 September, representatives from both institutions signed a cooperation agreement in a ceremony attended by South Korea鈥檚 president, Yoon Suk-yeol, and New York鈥檚 mayor, Eric Adams.
Scholars speaking with 糖心Vlog had previously noted that the move to open a New York City branch was not only a 鈥渉igh stakes鈥 endeavour for KAIST but also a聽litmus test for the international prospects of Korean universities.
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By instead pairing with a seasoned New York institution, KAIST takes a 鈥渧ery similar approach鈥 to what NYU-Abu Dhabi did, said Jason Lane, professor of higher and international education at Miami University 颈苍听翱丑颈辞.
The NYU partnership would allow KAIST to promote itself locally while working through state approvals in order to聽be able to offer degrees, he said.
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鈥淲orking with NYU could be helpful to them in navigating local regulations as well as gaining local legitimacy. It鈥檚 harder to do that without a local partner, and both are going to be important if the effort is going to succeed,鈥 he said.
Professor Lane noted that KAIST鈥檚 recent news made no mention of its initially announced business partner, a聽Korean-American real estate developer.
鈥淭hey do appear to be moving more cautiously and, probably, strategically,鈥 Professor Lane said of the institution.
Asked about KAIST鈥檚 shift in direction, a spokesperson told THE that 鈥渁fter much discussion鈥, the university had decided that a joint campus was 鈥渢he most innovative and effective鈥 way forward.
鈥淲e sought partnership from NYU to pursue the project in a more steadfast manner and to add stability to this long-term cross-continental effort,鈥 said Hyunsook Min, general manager of KAIST鈥檚 public relations office.
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Josh Taylor, NYU鈥檚 associate vice-chancellor for global programmes, told THE that while the KAIST outpost would be competing against other New York institutions, its collaboration with NYU could give it a leg-up in attracting students despite the tough market.
鈥淏y working together on this joint initiative, we don鈥檛 expect it [recruitment] to be an issue,鈥 he said.
Mr Taylor said that while it was too early to confirm the exact location of the joint campus, one likely contender could be Brooklyn, the home of NYU鈥檚 Tandon School of Engineering, which is already 鈥減laying a critical role in this new initiative鈥.
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The new campus will focus on STEM fields such as biomedical engineering, artificial intelligence, AI-convergence brain science, climate and sustainability issues, cybersecurity and telecommunications, he said.
According to KAIST, both institutions hope to expand cooperation to establish global start-up 鈥渁nchors鈥 for students, taking advantage of New York鈥檚 start-up culture, which is modelled on San Francisco鈥檚 Silicon Valley.
Ms Min said KAIST has not ruled out other commercial partners for the New York campus鈥 future development.
鈥淎s our collaboration with NYU regarding this joint campus initiative picks up speed, we may re-engage with donors and developers who had previously expressed interests in working with us,鈥 she said.
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