In 2023, about **** percent of South Korean businesses allocated their research and development (R&D) resources to new product development. Following this, roughly **** percent of businesses made investments in improving their existing products.
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Korea Institute for Advancement of Technology. (July 23, 2025). Distribution of corporate research and development expenditures in South Korea in 2023, by purpose [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 20, 2026, from /statistics/1620764/south-korea-corporate-rnd-spending-by-purpose/
Korea Institute for Advancement of Technology. "Distribution of corporate research and development expenditures in South Korea in 2023, by purpose." Chart. July 23, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 20, 2026. /statistics/1620764/south-korea-corporate-rnd-spending-by-purpose/
Korea Institute for Advancement of Technology. (2025). Distribution of corporate research and development expenditures in South Korea in 2023, by purpose. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 20, 2026. /statistics/1620764/south-korea-corporate-rnd-spending-by-purpose/
Korea Institute for Advancement of Technology. "Distribution of Corporate Research and Development Expenditures in South Korea in 2023, by Purpose." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 23 Jul 2025, /statistics/1620764/south-korea-corporate-rnd-spending-by-purpose/
Korea Institute for Advancement of Technology, Distribution of corporate research and development expenditures in South Korea in 2023, by purpose ÌÇÐÄÆƽâ°æ, /statistics/1620764/south-korea-corporate-rnd-spending-by-purpose/ (last visited July 20, 2026)
Distribution of corporate research and development expenditures in South Korea in 2023, by purpose [Graph], Korea Institute for Advancement of Technology, July 23, 2025. [Online]. Available: /statistics/1620764/south-korea-corporate-rnd-spending-by-purpose/
