This research notes that the ascendancy of Asia’s economic growth coincides with the exigencies of shifting center of economic gravity towards innovation, while the two other pillars of economic growth, the quantity of labor force and capital formation, become increasingly subdued in growth...

As the Korean government expands the budget for national research and development, the need for an institute that deliberates, coordinates, and operates research development and its budget has increased. In response to these demands, the National Science and Technology Council (NSTC) was...