Korea's Science and Technology Policy

(Lecture in Korean)

Kyeongbok Palace/Daeseung Choi, 2012.05.17

Daeseung Choi, Research Fellow, KISTEP (Korea Instittue of S&T Evaluation and Planning)

Tuesday, September 25, 2018
11:00 AM - 1:00 PM

10383 Bunche Hall
Los Angeles, 90024

The total R&D expenditure of South Korea in 2016 was $59.8 billion, putting the country 5th in the world in terms of amount. Korea also ranked first in the world in terms of R&D expenditure(4.23%) compared to GDP in the same year. In particular, the South Korean government's budget for R&D in 2019 is 20.4 trillion won, an increase of 3.7% from 2018, and has doubled in 11 years since it exceeded 10 trillion won in 2008. R&D investment and Science and Technology Policies are expected to play a very important role in South Korea’s future economic growth, and the Korean government is very aware of the importance of these policies. In this talk, Dr. Choi will detail the Korean government's R&D investment status and the major contents of the Science and Technology Policy. As one of the major policies, the tax reduction and exemption system for corporate R&D investment will be developed upon in further detail.

Hyung-WookKim
Tel: 310-825-3284
hyung-wook.kim@international.ucla.edu

Sponsor(s): Center for Korean Studies