Gov’t to exempt preliminary feasibility studies for innovative R&D projects

2023.11.28 11:33:01 | 2023.11.28 17:54:18

Ministry of Science and ICT Minister Lee Jong-ho announces national R&D projects. [Photo by Yonhap]이미지 확대

Ministry of Science and ICT Minister Lee Jong-ho announces national R&D projects. [Photo by Yonhap]

The South Korean government plans to exempt preliminary feasibility studies for challenging research and development (R&D) projects and minimize backlash even if these projects are unable to meet their objectives, a move to actively support innovative research by scientists and engineers.

The Ministry of Science and ICT announced measures to create an environment for challenging and innovative research on Monday.

Under the measures, urgent national R&D projects that are challenging and innovative will move away from the traditional preliminary feasibility study evaluation centered on selection or rejection and instead will introduce expert reviews and alternative proposals to enhance planning completeness.

Global collaborative research and basic research projects will also no longer be required to synchronize the research project cost usage time and the fiscal year from 2024.

Government-funded research institutes will be allowed to move away from competitive bidding for consumable projects, instead focusing on a system centered around the National Technology Center (NTC), which is an advanced base for national strategic technology missions.

The government will also improve the long-awaited research project-centered system in the science community.

For researchers at the global level or participants in strategic technology research, the government plans to guarantee 100 percent of personnel expenses so that they can focus on the research without the burden of project outsourcing.

“To support research in a timely manner, it is necessary to streamline preliminary feasibility studies, execute budgets flexibly, and improve procurement systems for the swift acquisition of necessary research equipment,” Korean President Yoon Suk Yeol said.

By Ko Jae-won, Park Yoon-gyun, and Lee Eun-joo

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