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S. Korea Tops R&D Investor in G20
Source: koreaherald.com
Source Date: Monday, November 15, 2010
Focus: Knowledge Management in Government
Country: Korea (Republic of)
Created: Nov 23, 2010

Korea has been selected by UNESCO as top among G20 states for investing in science and technology innovation.

According to a report published by the agency last week in celebration of World Science Day, Koreas economy in 2007 took up 1.9 percent of the worlds gross domestic product but its research and development expenses were as high as 3.6 percent of the world sum.

Its proportion of R&D expenses to GDP was 3.2 percent, second among G20 states, closely following Japans 3.4 percent, the report showed.

The report also largely attributes the remarkable growth of the global economy between 1996 and 2007 to the R&D investment of emerging science powers in Asia, such as Korea, China and India.

These countries also kept up their support of R&D during the financial crisis which swept the world after year 2008, the report said.

The spurt of the rookies in the world economy over the past years has greatly reduced the gap in the R&D expenses and level between developed and developing countries, said Irina Bokova, secretary-general of UNESCO in the report preface.

The report especially focuses on the macroscopic changes in science technology over the past five years and analyses 11 major countries, including Korea, Japan, China and the United States.

China has also shown big advances during the period, according to the report.

Its R&D expense proportion rose from 5 percent in 2002 to 8.9 percent in 2007, placing the country third in the world rankings.

Also, the number of Chinese nationals in the worlds science-technology manpower pool rose from 13.9 percent to 19.7 percent and its number of professional papers doubled from 5.2 percent to 10.6 percent, showed the report.

The number of patents on science technology, however, showed uneven distribution.

Over 96 percent of the worlds total patent cases in 2007 belonged to the United States, EU and Japan 41.8 percent to the United States alone.

Koreas percentage of patents rose from 0.9 percent in 2002 to 2.2 percent in 2007, showing a slight yet significant rise, according to the report.

The UNESCO Science Report 2010 may be accessed on the organizations webpage (http://www.unesco.org/science/psd), free of charge.
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