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AI & Enterprise

South Korea launches \'4 hubs, 3 special regions\' autonomous R&D plan, to invest 78.9 billion won in 7 zones

South Korea will shift its regional research and development system from a central government and province-led model to a zone-based, locally autonomous approach. The Ministry of Science and ICT said it launched the \'4 hubs, 3 special regions\' programme at KAIST on Wednesday and will push projects in seven zones. It will invest a total of 78.9 billion won this year and expand support after 2027.

Industry

Legal foundation set for region-led R&D system with regional science and technology advisory councils

South Korea has set a legal foundation to pursue more efficient regional research and development policy, including establishing regional science and technology advisory councils under provincial governors. The Ministry of Science and ICT said the National Assembly passed a bill on promoting region-led science and technology innovation. The law requires local governments to draw up five-year plans and allows administrative and financial support from the central government. It takes effect on Jan. 1 next year.