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Mid- to Long-Term Government R&D Investment Strategy


Added by:   National contact point
Added on:   09 Jul 2025
Updated by:   OECD analyst
Updated on:   14 Aug 2025

It is necessary to break down high-cost and low-efficiency structures lacking qualitative outcomes relative to the high R&D investment ratio and secure a driving force for new growth. In line with the changes in the policy environment such as the arrival of the Fourth Industrial Revolution and the increased social importance of science and technology, the focus of the national R&D system needs to shift from economic growth to people and society

Name in original language

정부R&D 20조원 시대의 정부R&D 중장기 투자전략

Initiative overview

It is necessary to break down high-cost and low-efficiency structures lacking qualitative outcomes relative to the high R&D investment ratio and secure a driving force for new growth. In line with the changes in the policy environment such as the arrival of the Fourth Industrial Revolution and the increased social importance of science and technology, the focus of the national R&D system needs to shift from economic growth to people and society.Objectives:To identify top priority areas of national R&D investmentTo specify detailed investment strategies by priority area of the national R&D investment Strategy.

Who has primary responsibility for developing the national AI strategy?

Several ministries

Name of responsible organisation (in English)

Ministry of Science and ICT (MSIT)

Who has primary responsibility to implementing the national strategy?

Several ministries

Name of responsible organisation for strategy implementation (in English)

Ministry of Science and ICT (MSIT)

Budget information available?

Not available

To what extent do you have mechanisms or other efforts to involve stakeholders in strategy design, implementation and monitoring?

Expert consultation(s) and other engagement.,
Stakeholder consultation(s) and other engagement.,
Public consultation(s) and other engagement.

Has this initiative been evaluated?

Yes

Are evaluation results public?

No

About the policy initiative


Organisation:

  • Ministry of Science and ICT (MSIT)

Category:

  • National – Strategy

Participating organisations:


Participating countries:


Status:

  • Inactive – initiative complete

Start Year:

  • 2019

End Year:

  • 2022