Kyeongbok Palace/Daeseung Choi, 2012.05.17
Tuesday, September 25, 201811:00 AM - 1:00 PM10383 Bunche HallLos 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-WookKimTel: 310-825-3284 hyung-wook.kim@international.ucla.edu
Sponsor(s): Center for Korean Studies