Innovation & Highly Skilled Workforce
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The Most Innovative Country in Asia
Korea ranks the 2nd in the “2020 Bloomberg Innovation Index”, topping the list for seven consecutive years in Asia.
The country is among the top 5 in the categories of R&D Intensity, Manufacturing Value-added, High-tech Density, and Researcher Concentration. Its infrastructure for innovation is a primary reason that a number of global companies have been investing in Korea.
The country is among the top 5 in the categories of R&D Intensity, Manufacturing Value-added, High-tech Density, and Researcher Concentration. Its infrastructure for innovation is a primary reason that a number of global companies have been investing in Korea.


a seven-year winning streak in the Bloomberg Innovation Index within Asia
- Manufacturing Value-added 3rd in the world
- R&D Intensity 2nd in the world
- High-tech Density 4rd in the world
- Researcher Concentration 5th in the world

※ Source: Bloomberg (January 2020)
High-quality Workforce with the DNA of Innovation
Supporting Korea’s rapid economic growth in the last half-century are characteristics prominent in the county, such as sincerity, responsibility, and flexibility.
Korea’s youth college education completion rate is the highest among OECD member countries.
People are the most important resource in Korea, and they are what keep innovation alive in the country.
Top 5 Countries with the Highest Number of College Graduates Aged 25 to 34
Korea’s youth college education completion rate is the highest among OECD member countries.
People are the most important resource in Korea, and they are what keep innovation alive in the country.
※ Source: OECD <Education at a Glance 2020> (September 8, 2020)