[Why Seoul] Competitiveness of Seoul's R&D Industry

Competitiveness of Korean R&D Industry 

Competitiveness of Korean R&D Industry

With leading global companies and universities in Korea,

the Korean government has been increasing R&D investment

to achieve growth through industrial innovation. Seoul established

globally competitive R&D complexes in Magok and Yangjae.

R&D Ecosystem in Seoul

 

25% of R&D facilities and researchers are concentrated in Seoul

10,284 R&D departments within companies are in Seoul

14,217 company-affiliated R&D centers are in Seoul

R&D centers of leading global companies including

Google, IBM, Siemens and Boeing are located in Seoul

Global Innovation Leader Seoul

As Seoul is the home to a number of major global

companies involved in advanced R&D, the government is committed

to fostering R&D for future growth in industries including autonomous

vehicles, semiconductors, displays and renewable energy.

R&D Industry Index in Korea

46 million researchers

6 million SCI papers (12th in the world)

6th place in triadic patent family cases

1st place in ratio of R&D spending to GDP

Source: OECD

WHY SEOUL?

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