Science, Technology & ICT Newsletter(NO.85)
The Fifth Science and Technology Master Plan (2023-2027) Announced
The Ministry of Science and ICT (“MSIT”; Minister Lee Jong-Ho) announced that the Fifth Science and Technology Master Plan (2023-2027) was published on December 14 (Wednesday) at the Deliberative Council Meeting of the Presidential Advisory Council on Science and Technology (PACST).
As the role of science and technology is becoming more important than ever amid such global and domestic challenges, the scope of the Fifth S&T Master Plan has been extended to include strategies that will help Korea address national and/or global challenges and become a leading nation for science and technology; the previous versions were focused on improving R&D system and developing technologies.
Korea has emerged as the tenth largest economy in the world through scientific and technological development. Korea’s quantitative indicators, such as R&D intensity and researcher-to-population ratio, are world-class, and scientific and technological achievements, such as academic papers and triadic patent families, are outstanding.
To prepare for the age of competition for technology dominance, Korea will secure its technological sovereignty by nurturing and managing twelve critical and emerging technologies. The Korean government will introduce a Mission-oriented R&D System for addressing national challenges, such as critical and emerging strategies and carbon neutrality, and promote high-risk and challenging research projects to secure irreplaceable original technologies.
Science, Technology&ICT Newsletter(NO.85)