[Asia Economy Reporter Seulgina Jo] The Ministry of Science and ICT will hold a public hearing on the enforcement decree of the "National Research and Development Innovation Act" at 3 p.m. on the 12th at the Korea Science and Technology Center.


According to the Ministry of Science and ICT on the 11th, this public hearing will introduce the main contents of the "Enforcement Decree of the National Research and Development Innovation Act," which has been open for legislative notice since July 10, and eight discussants including Lee Beom-hoon, President of the Korean Physical Society, from research institutes, universities, companies, specialized institutions, and legal experts will discuss key issues.


The Ministry of Science and ICT is preparing subordinate laws such as enforcement decrees to ensure the smooth implementation of the National Research and Development Innovation Act, which will take effect on January 1, 2021, and plans to completely reorganize the current "Regulations on the Management of National Research and Development Projects" and related administrative rules and guidelines to integrate them into the subordinate laws of the National Research and Development Innovation Act.


The enforcement decree draft will be finalized through consultations with related ministries, regulatory reviews, legal affairs office reviews, and Cabinet meetings, reflecting opinions discussed at this public hearing and those proposed during the legislative notice period until August 21.


Considering the COVID-19 situation, this public hearing will limit the number of attendees through prior registration and will be conducted in compliance with quarantine guidelines. The entire public hearing will be broadcast live on the Ministry of Science and ICT's YouTube channel.


The Ministry of Science and ICT also operates a webpage for collecting opinions (www.rndlaw.kr), where anyone can submit opinions or inquire about the enforcement decree draft.



Kim Seong-su, Director of the Science and Technology Innovation Headquarters, stated, “The enforcement of the National Research and Development Innovation Act will serve as a foundation to improve the current research environment where researchers have to spend time and effort understanding complex regulations and meticulously planning the use of research funds,” and added, “We will prepare subordinate laws and carefully listen to even the smallest voices from the field during the implementation process to ensure that the law’s enforcement leads to innovation in research sites.”


This content was produced with the assistance of AI translation services.

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