South Korea’s innovation drive faces long-term risks despite R&D spending surge



Analysis South Korea’s innovation drive faces long-term risks despite R&D spending surge The 2025 budget accelerates short-term innovation, but chaebol dominance and talent gaps persist John LeeSeptember 16, 2024 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON A light bulb in a thought balloon \| Image: Canva South Korea’s 2025 budget proposal, which features an 11.8% increase in research and development (R&D) spending, signals a continued push toward investment in artificial intelligence (AI), biotechnology and quantum computing. However, South Korea faces a deeper concern: the long-term sustainability of the country’s innovation model. South Korea’s 2025 budget proposal, which features an 11.8% increase in research and development (R&D) spending, signals a continued push toward investment in artificial intelligence (AI), biotechnology and quantum computing. However, South Korea faces a deeper concern: the long-term sustainability of the country’s innovation model. Get 30 days of free access to KoreaPro Full access to all analysis The KOREA PRO newsletter, every business day Daily analysis on the top story of the day The ability to suggest topics for coverage by our specialist team Be smart about South Korea Get full access to expert analysis and opinion. Start now No charges during your trial. Cancel anytime. A paid subscription will start after 30 days. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Briefing Start your day with the South Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily Briefing. LATEST ANALYSIS 01How a Democratic Party presidency could reshape South Korea’s foreign policies 02Misinformation in South Korea soars during and after martial law declaration 03Turf war between rival agencies threatens Yoon impeachment investigation 04What’s at stake in South Korea’s impeachment trial of Yoon Suk-yeol 05How South Korea’s political crisis could reshape alliances and global standing 06Yoon fights for political survival with speech targeting legal and voter battles 07South Korea’s political crisis: Who’s who in martial law declaration fallout 08South Korea faces political crisis as ruling party blocks impeachment vote

Analysis

South Korea’s innovation drive faces long-term risks despite R&D spending surge

The 2025 budget accelerates short-term innovation, but chaebol dominance and talent gaps persist

John LeeSeptember 16, 2024

South Korea’s innovation drive faces long-term risks despite R&D spending surge

A light bulb in a thought balloon | Image: Canva

South Korea’s 2025 budget proposal, which features an 11.8% increase in research and development (R&D) spending, signals a continued push toward investment in artificial intelligence (AI), biotechnology and quantum computing.

However, South Korea faces a deeper concern: the long-term sustainability of the country’s innovation model.

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South Korea’s innovation drive faces long-term risks despite R&D spending surge

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John Lee

South Korea’s innovation drive faces long-term risks despite R&D spending surge

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