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Ways to promote spending on the R&D investment by the private sector

Author Lee Sang-gyu Date Page

○R&D investments have expanded over the past 20 years for the innovation-based growth. However, economic value-added strategies through its technology were incomplete. And, it is necessary to create economic value-added by using R&D driven knowledge.


○This study aims to study factors of results from R&D spending activities during the economic recession in order to respond to the low growth of global economy, and to propose policy to promote R&D investment of businesses.