The Korea Local Administration Review

It is notable that there is a rising interest on the importance of regional R&Dand the socio-economic effects of its program, as the role of cities andregional has been stressed. One reason of this change is because of the factthat regional economic development is conducted by the local governments, notcentral government. However, it is said that regional R&D has not yetsuccessfully contributed much to the regional economic development though ithas been modified along with the national science and technology plans afterthe launch of Lee Myung-bak administration. This paper has aimed to addresspolicy implications for improving the regional R&D activities by measuring theefficiency of sixteen regions and analyzing the influence factors of efficiency.The main implications as follows: (1) it is required to expand variousinvestments and to establish an effective mechanism of funding for localgovernments to decrease the gap of efficiency between regions, (2) therelationship between R&D activities and gross regional domestic product provesinter-industry analysis and it is expected that there will be more desirableresults if continuous budget supporting is remaining, and (3) the collaborativeresearch among research institutes should be increased for improving the R&Defficiency.
□ Keywords: Regional R&D, Efficiency, Influence Factor, DEA