The Cradle of Korean Science & Technology Who will first make the future happen, and who will lead the world? The one who innovates in science and technology will. Taedok Science Town began to be developed in 1973, to meet the demands of the times when homegrown scientific and technological capability had to be secured for continuous economic development and the stronger international competitiveness of domestic industries. As a first step this meant concentrating our dispersed scientific and technological resources into an integrated and creative power for greater efficiency. The world is changing rapidly. The ongoing changes and opening resulting from the end of the cold war is being felt in the fields of science and technology in particular. The new trend toward technological hegemony and technological nationalism makes impossible the development of any nation without enduring innovations in science and technology. Taedok Science Town will play the central role in achieving major innovations in science and technology, the last obstacle to obtaining the status of an advanced nation, with support from the government, industry and the people. The long-term goal is advance and prosperity for mankind in the 21st century. History of Science Town Dec. 1973 Basic planning of Taedok Science Town construction Dec. 1974 Commencement of construction of basic facilities and institute Dec. 1977 Announcement of Taedok Industrial Base Development Area Dec. 1978 Start of institutes' relocation Dec. 1979 Opening of MOST Taedok Office Dec. 1981 Announcement of the basic planning of the Taedok Industrial Base Development Dec. 1983 Merge of Taedok Science Town into Taejon City Dec. 1985 Land construction by public development system Dec. 1992 Completion of basic construction for Taedok Science Town Dec. 1993 Enactment of Taedok Science Town Administration Act