Daejeon features a technology cluster known as Daedeok Innopolis defined by the national Universities Korea Advanced Institute of Science and Technology (KAIST) and Chungnam National University and surrounded by government research institutes, government-invested corporate research institutes, corporate research centers, and venture companies.
Researchers and businessmen work in the fields of telecommunications, nanofabrication, biotechnology, water, nuclear and hydro power, nuclear fusion, design, measurement technologies, mechanical engineering, fuel cells, aeronautics, new materials, robotics, new drugs, and environmental technologies.