SMEs are major contributors to job creation and innovation; therefore, many countries have initiated support programs and funding agencies to foster SMEs’ R&D as it has become a common policy direction. South Korea is one of those various nations that have taken an interest
in SME and their R&D. This paper aimed to assess the government support program’s performance and policy direction conformance by using a national R&D program for SMEs in the ICT sector for semiconductors, displays and LEDS in South Korea as a case study with government set performance indicators. This paper analyzed the increase in the number of patents and revenues of SMEs to consider whether the SMEs were performing in terms of securing the original technology and contributing to the economic growth and showed the effectiveness of a government support program. The results demonstrate that despite the long and enormous support, 65 SMEs, involved in this program, did not experience growth in sales, exports and firm R&D investments.
- Performance analysis of a national R&D program
- Park, Munsu et al.
- The Korean Association for Policy Studies
Performance analysis of a national R&D program
A case study of SMEs in the ICT sector in South Korea
[Seoul, S.Korea]:The Korean Association for Policy Studies
|Journal Title; Vol./Issue||International Journal of Policy Studies:vol. 7(no. 1)|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Industry and Technology < IT
Industry and Technology < Entrepreneurship
|Holding||The Korean Association for Policy Studies|