[PD Notebook] <President and Science Entry - 2024 R&D Budget Cut Wave> In-depth coverage of suspicions about the science and technology R&D budget cut process

2024-01-01 13:41:05

Initially, the Ministry of Science and ICT had to notify the Ministry of Strategy and Finance of the R&D budget allocation and adjustment details by June 30, 2023, but it was eventually submitted on August 22, beyond the deadline.

Although the overall R&D budget decreased, the global R&D budget area increased approximately three times compared to 2023.

Jinwon Kang, a global R&D expert, questioned the effectiveness of the rapidly increased global R&D budget, saying that a minimum amount of time is needed to build mutual trust and begin joint research, and that it will be difficult to achieve results from international cooperation just by increasing the budget.

Experts commonly selected the basic science field as the field expected to be hit hardest by the reduction in R&D budgets.

 

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