R&D Industry
Korea R&D Budget Size
The national R&D budget has grown to close to 30 trillion won over the past 6 years.
Rankings
Korea ranks 1st in government R&D investment as a percentage of GDP and 2nd in total R&D investment in the world
Direction of National R&D Investment in 2022
Source: Ministry of Economy and Finance
7 R&D-focused investment plan industry sectors
Infectious disease
(Vaccinedevelopment, Vaccine Hub Construction or Establishing a vaccine hub)
Public safety
(Disaster countermeasure or Disaster response , Public safety, food security)
Korean New Deal
(Digital, Green+Carbon neutrality)
BIG3+
(System Semiconductor, Bio health, Future car)
Materials, Components, Equipment
Aerospace. Planes
Next D.N.A
(AI+ quantum, 6G, Cloud. Metaverse)
Number of R&D Application
Source: Ministry of Economy and Finance
Achievements through R&D such as the number of SCI
papers and domestic and international patent applications
Number of SCIE papers (as of 2019)41,919
Number of patents (as of 2019)59,042
Nation's Best Industries and R&D
Semiconductor
- The ranking of
semiconductor companies
Source: IC insight’sSamsung(1st), SK hynix(4th) - Semiconductor market share
Source : OMDIAKorea ranks second in the world for overall semiconductor
market share and the first for memory semiconductors.
Display
- OLED market share
Source: OMIDAOLED market is monopolized
by South Korea with 89.4% - Display market share
Source: KDIAIn the display market, South Korea has been ranked
No. 1 continuously for 5 years
Seoul R&D Ecosystem
Seoul's Excellent R&D Industry
Source: Seoul Metropolitan Government, KOSIS
Seoul continues to invest money and manpower in R&D to develop excellent industries and
to support R&D for each base, and strive for the 4th industrial revolution and economic revitalization.
-
Total investment in R&D
41.5 billion won
in Seoul in 2020 -
Seoul R&D manpower in 2019
180,311 -
Revitalization of
Hongneung
(Bio, Medical)
Yangjae
(AI)
G Valley
(Convergence)
Dong Dae Moon
(Fashion)
R&D industry by base -
Number of R&D Organizations
13,438
in Seoul in 2019