R&D Policies
In a bid to vitalize the economy and improve the quality of people's lives, the Korean government strives to accomplish three major R&D investment goals -
leading economic innovation, realizing people’s happiness and strengthening
innovation through science and technology.
Policy direction
The R&D direction and key investment sectors of the Korean government (2017)
Basic direction and goals
Basic direction
- Strategic R&D investment to create future growth engine
- Strengthen R&D to solve social issues
- Expand support for creative research to achieve growth through innovation
Goals
-
Economic innovation through science
and technology
12 Key Investment Directions in
4 Fields
Establishment of creative research environment
- Basic research led by researchers
- Human-oriented research ecosystem
- Link to public demand and regulation improvement
Enhancing quality of people's lives
- R&D of disaster and catastrophe based on prevention
- Enhancement of public health and benefits
- Securing social sustainability
Acceleration of innovative growth prepared for the future
- R&D responding to the Fourth Industrial Revolution
- R&D of new market and new industry
- R&D for the enhancement of industrial competitiveness
Creating high quality jobs based on science technology
- Establishment of an ecosystem for R&D jobs
- Job creation in new technology and new service industry
- Nurturing creative convergent human resources for the future
Innovating investment system
-
Introduction of packaged R&D investment platform
Efficient R&D investment
Restructuring R&D support system
*Source: The Ministry of Science and ICT and the Ministry of Economy and Finance
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