South Korean scientists’ outcry over planned R&D budget cuts

Australia News News

South Korean scientists’ outcry over planned R&D budget cuts
Australia Latest News,Australia Headlines
  • 📰 Nature
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 68%

In a nation with historically high levels of spending on research and development, the proposed cuts have provoked a strong response. In a nation with historically high levels of spending on research and development, the proposed cuts have provoked a strong response.

Thank you for visiting nature.com. You are using a browser version with limited support for CSS. To obtain the best experience, we recommend you use a more up to date browser . In the meantime, to ensure continued support, we are displaying the site without styles and JavaScript.South Korea’s president, Yoon Suk Yeol, had said earlier this year that he planned to maintain R&D spending at 5% of GDP.

The cuts, announced by South Korea’s Ministry of Science and ICT on 22 August, are the first to target science funding in more than three decades. Since 1991, the country’s R&D budget has increased steadily, accounting for more than 4.5% of GDP in 2023, according to the Organisation for Economic Co-operation and Development . Even when South Korea experienced a financial crisis in 1998, the research budget remained steady.

The ministry said that it would increase its investment in seven specific areas, including artificial intelligence and semiconductors, although support for basic research would drop by more than 6% in favour of international collaborative projects.. Korean scientists, the spokesperson says, have not collaborated as much as those in Europe and the United States either domestically or internationally, so the government plans to expand the budget for international research exchange.

But Kei Cho, a neuroscientist at King’s College London and co-founder of the UK–Korea Neuroscience Consortium, says that international collaborations require more than just funding to get off the ground. The government will need to build infrastructure, such as research centres and large data banks, and sustain support for projects over a long period, he says.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Nature /  🏆 64. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why these South Korean golfers, not Team Europe, scored biggest win over the weekendWhy these South Korean golfers, not Team Europe, scored biggest win over the weekendThe biggest winners turned out to be South Korean golfers Sungjae Im, Si Woo Kim, Jang Yu-bin and Cho Woo-young., not the European Ryder Cup team.
Read more »

Premature celebration from South Korean skater costs team gold medal and military service exemptionPremature celebration from South Korean skater costs team gold medal and military service exemptionWinning a gold medal is a big deal. As a result, athletes want to be able to celebrate and soak in their moment at the top of their sport.
Read more »

North Korean Hackers Masqueraded As Meta Recruiters On LinkedInNorth Korean Hackers Masqueraded As Meta Recruiters On LinkedInMembers of the infamous Lazarus hacking collective targeted a Spanish aerospace company last year by posing as a recruiter for Facebook and Instagram parent Meta.
Read more »

Rights advocate: Few signs of progress addressing North Korean abusesRights advocate: Few signs of progress addressing North Korean abusesTen years after a special United Nations commission found that the North Korean regime’s most egregious human rights violations amounted to “crimes against humanity,” the U.N. Security Council has yet to make a referral of the case to the International Criminal Court.
Read more »



Render Time: 2025-02-28 01:31:39