December 18, 2007
Korea’s scientific innovation capability ranks 12th among members of the Organization for Economic Cooperation and Development, a government report said yesterday.
The Ministry of Science and Technology said the country received an above-average mark of 10.92 points in the Composite Science and Technology Innovation Index. This is higher than the average 9.82 points for the Paris-based club of industrialized countries.
The index, created by the ministry to keep tabs on where the country stands in scientific competitiveness, uses data similar to that compiled by the OECD, the Switzerland-based International Institute of Management and Development and the World Economic Forum.
The report said the country did well in seven areas including research and development investment, innovation drive, entrepreneurship, cooperation between labs and industry and cooperation between businesses. Korea was also awarded good marks in physical infrastructure for science development and economic growth.
The Costii report then gave the country average marks in personnel resources and in the ability to create innovative knowledge. The index, however, gave Korea below average grades in such areas as international cooperation, and general culture needed to support innovative research.
The ministry report placed the United States at the top with 20.74 points, followed by Switzerland and Japan at 14.67 and 13.70 points, respectively.
Korea was ranked in the second tier along with countries such as the Netherlands, Britain and France, while Italy, the Czech Republic, Slovakia and Poland came in at the bottom of the pack.