Corporate R&D Center
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  • Korea has achieved economic growth in a short period of time. This growth was marked by Korea’s national policy in vigorous pursuit of the development of industrial technology and the Corporate R&D Center Accreditation System played a leading role in the process of promoting industrial technology.

    The Korean government introduced the Corporate R&D Center Accreditation System in 1981, under which it has actively provided a wide range of support measures to accredited companies, including R&D funding, tax benefits, financial and personnel assistance.

    When it was first introduced, the accreditation system used to be run by the government. In 1991, it was transferred to KOITA to enhance administrative efficiency.

  • Benefit

    Companies with corporate R&D centers accredited by the government are eligible for government assistance programs.

    Tax
    Incentives
    Tax credit for qualified R&D costs
    Exemption from local taxes on real estate for R&D
    (Acquisition, property taxes)
    Financial
    Support
    Direct funding through various national R&D programs
    Technology guarantee service, Loan
    Manpower
    Support
    Labor costs support for hiring new R&D personnel
    Matching service for R&D personnel and companies
    Alternative military service program

    Statistics

    40,000 corporate R&D centers are the core subject of national R&D.

    Increasing number of R&D centers: 1,000 (’91) → 20,000 (’10) → 30,000 (’14) → 40,000(’18)

    Total R&D expenditure equals $46,472million (’16), accounting for 77.7% of national R&D investment

    A total of 321,323 researchers (’16), accounting for 69.7% of the national R&D personnel