South Korea's State Planning Committee will abolish the PBS system at government-funded research institutes, shifting to grant-based funding to boost research capacity and address inefficiencies in R&D investment.
#YonhapInfomax
#PBSSystem #StatePlanningCommittee #GovernmentFundedResearch #GrantBasedFunding #ResearchReform
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=74288
State Planning Committee to Gradually Abolish 30-Year-Old 'PBS System' at Government-Funded Research Institutes

South Korea's State Planning Committee will abolish the PBS system at government-funded research institutes, shifting to grant-based funding to boost research capacity and address inefficiencies in R&D investment.

Yonhap Infomax