As the Baby Boomer generation of scientists retires in large numbers from research institutes approximately 300 highly experienced scientists have entered retirement in the past year alone.

To discuss strategies for how these retirees can contribute to the nation and society a policy forum was held on the 20th at the Daedeok Techno Valley Awulim Plaza Grand Hall organized by the Association of Retired Scientists and Technologists (President Ahn Dong-man).

Dr. Kim In-ja from the Korea Institute of Science and Technology Evaluation and Planning who presented at the symposium emphasized In an era of low birthrates and an aging population utilizing highly experienced scientists is not optional but essential.

She pointed out the difficulty in securing new scientific talent due to low birthrates and the societal shift toward an aging population. It is crucial for highly experienced scientists with specialized knowledge and expertise to contribute to national development.

Dr. Kim also noted the interruption of research continuity before retirement age and criticized the current support programs as short-term and inefficient. She analyzed the lack of comprehensive plans and platforms for utilizing retired scientists who often retire without adequate preparation for post-retirement life.

Proposing solutions Dr. Kim suggested creating a culture where highly experienced scientists can continue working until they desire supporting new career development for diversified experiences and establishing a foundation for happiness pursuit through work-life balance and sustainable growth.

Dr. Park Hee-chang formerly of the Korea Institute of Machinery and Materials shared insights based on extensive support experience for SMEs stating It is crucial for highly experienced scientists to accurately understand what technologies businesses need.

Dr. Park argued that rather than pursuing government projects efforts should focus on assisting businesses to enhance their competitiveness.

Representing startup companies CEO Park Yoon-won of Biz Inc. discussed the challenges of entrepreneurship suggesting government support for startup companies over a certain period to aid in their growth.

Lastly Dr. Choi Jeong-gil from the Korea Institute of Machinery and Materials proposed effective strategies for each research institute to support business technology effectively.

Director Jung Yong-hwan of the Association of Retired Scientists and Technologists stated Interest in utilizing highly experienced scientists has surged with twice the usual number of scientists applying to attend the symposium.

Director Jung emphasized When discussing ways to utilize highly experienced scientists rather than relying solely on additional government support we should first seek ways to propose contributions to the nation and society to garner national consensus.