Korean industrial private R&D has been surged since the middle of 1980s to
reach to the level of advanced countries' global R&D performers in terms of size
and intensity. However it should be noticed that these high estimates in R&D
activities of private industrial sectors are due to a handful of IT-related industries
and Korean global companies such as Samsung electronics and LG electronics.
And still most of industries and Korean companies are in the stage of technology
catch-up and are far behind, being compared to advanced countries' industries, in
the level of R&D activities in terms of size and intensity.
Thus this report attempted to address the problems of laggard industries in
Korea in terms of R&D activities when being compared to advanced countries.
Most of industries are found to be below the level of OECD average or G7
countries' average in terms of its R&D sizes and intensities. Among them are
pharmeceutical industry, chemical industry, precision machinery, food industry,
software industry and motor industry. Case studies has been done to analyze the
causes and impediments of R&D activities of these industries with the analytical
framework of industrial characteristics, market characteristics, instituional
charateristics and government supports. Tha analysis found that 1) small size of
domestic market, 2) lack of competition and high level of domestic market
protections, 3) government policy failures, 4) lack of high-qualified human personnels and 5) weak linkage with knowledge sources such as universities and
research institutes, 6) weak protection of IPR and 7) high entry barriers due to
high market concentration by global foreign companies.
Meanwhile an empirical analysis has been done to provide that government
R&D subsidies to Korean private firms are inducing private sectors' industrial
R&D activities in most of Korean industries but this phenomenon happened only
after the financial crisis in 1997-1999. But before the crisis only small number
of traditional industries such as steel industry and shipbuilding industry showed
that government R&D induced private firms' R&D expenditures.
Wrapping up the discussions, this report raised several policy implications
which can raise the level of R&D activities in Korean technology-laggard
- R&D투자 GDP 대비 5% 달성을 위한 민간 R&D 투자 촉진 방안(The policy agendas of promoting private sectors' R&D investments in order to achieve the R&D intensity ratio as 5% of GDP)
- Lee, Woosung이우성; 변인수; 김보현; 박종혜
R&D투자 GDP 대비 5% 달성을 위한 민간 R&D 투자 촉진 방안(The policy agendas of promoting private sectors' R&D investments in order to achieve the R&D intensity ratio as 5% of GDP)
|Series Title; No||정책연구 / 09-29|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Industry and Technology < Science/Technology|