Eased responsibilities for challenging research failures

In order to promote R&D, the government will ease responsibilities for failures, but tighten restrictions on repeated wrongful uses of R&D expenses.

The Ministry of Trade, Industry and Energy(Minister Woon-Kyu Baek, MTIE) announced a revision bill to the Act of the Promotion of Industrial Technology Innovation and its enforcement ordinance to create a researcher-friendly R&D environment and st...