Can Bureaucrats Stimulate High-Risk High-Payoff Research?

57 Pages Posted: 1 Oct 2015

See all articles by Ju-Ho Lee

Ju-Ho Lee

KDI School of Public Policy and Management

Kiwan Kim

Korea Development Institute (KDI)

Song-Chang Hong

Korea Development Institute (KDI)

Jee Hee Yoon

Korea Development Institute (KDI); KDI School of Public Policy and Management

Date Written: September 1, 2015

Abstract

Despite the world-highest expenditure in R&D as a percentage of GDP, there is a rising concern that Korean researchers in universities and government-funded research institutes (GRIs) are contributing neither to creating new opportunities for the economy nor to solving big societal challenges. Based on the international comparison of academic papers, patents and technology transfers, this paper shows Korea’s poor performance in high-risk high-payoff research. We also point out that the root cause of such low performance in high-risk high-payoff research is a heavy-handed control over research communities by bureaucrats in ministries. This paper suggests several reform agendas for removing excessive bureaucratic controls and strengthening the autonomy of the funding and project agencies, GRIs, and research universities.

Suggested Citation

Lee, Ju-Ho and Kim, Kiwan and Hong, Song-Chang and Yoon, Jee Hee, Can Bureaucrats Stimulate High-Risk High-Payoff Research? (September 1, 2015). KDI School of Pub Policy & Management Paper No. 15-06, Available at SSRN: https://ssrn.com/abstract=2658941 or http://dx.doi.org/10.2139/ssrn.2658941

Ju-Ho Lee (Contact Author)

KDI School of Public Policy and Management ( email )

P.O. Box 184
Seoul, 130-868
Korea, Republic of (South Korea)
+82 2 3299 1016 (Phone)

Kiwan Kim

Korea Development Institute (KDI) ( email )

263 Namsejong-ro
Sejong-si 30149
Korea, Republic of (South Korea)

Song-Chang Hong

Korea Development Institute (KDI) ( email )

263 Namsejong-ro
Sejong-si 30149
Korea, Republic of (South Korea)

Jee Hee Yoon

Korea Development Institute (KDI) ( email )

263 Namsejong-ro
Sejong-si 30149
Korea, Republic of (South Korea)

KDI School of Public Policy and Management ( email )

P.O. Box 184
Seoul, 130-868
Korea, Republic of (South Korea)

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