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58% research institutes planned R&D investment up next year.

Published: 2002-12-12 06:59:00
Updated: 2002-12-12 06:59:00
According to a recent survey conducted by the Korea Industrial Technology Promotion Association against 621 domestic firms, more than a half (57.7%) of them will increase their R&D investment next year while 38.2% keep at the present level but only 3.4% spend down.

The government tax deductable rates for the R&D facility investment seems to be kept at 10% level.

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