President Hamdullahpur explained to an appreciative audience of POSTECH students, faculty, and staff the importance of entrepreneurship at a university as the key source of innovation and talent for the global community. He spoke to the cultural, policy, and programming dynamics that make an innovation university such as the University of Waterloo successful. 

Inspired students participated in a question and answer session following the lecture and asked how they could too become risk-takers and think outside of the box to successfully run their own startups. The topic was timely as POSTECH opened the APGC-Lab in September to facilitate entrepreneurship and startups on campus. 

The University of Waterloo took first place as Canada’s top university of innovation for the 23rd consecutive year and Best Overall for 2015 in Maclean’s magazine’s annual rankings of Canadian universities. It is home to the first and largest co-operative education program in the world.  

Earlier in the morning, President Hamdullahpur met with POSTECH President Yongmin Kim to discuss possible collaborative research and development. The University of Waterloo is one of POSTECH’s oldest partner institutions and the two institutions have enjoyed over two decades of successful collaboration and student exchange.  

President Hamdullahpur’s visit included a meeting with Pohang Vice Mayor Jae Hong Kim and tours of the Pohang Accelerator Laboratory (PAL) and the headquarters of the POSCO (Pohang Iron & Steel Company) .