2016/17 Knowledge Sharing Program with Bulgaria Governance, Operation and Funding Instruments of A New Promotion Agency for Research and Innovation Tae Young SHIN Science and Technology Policy Institute Aug. 29, 2016 Ministry of Strategy and Finance of Korea Korea Development Institute (KDI) Ministry of Education and Sciences of Bulgaria

Contents Why Governance ? Schematic presentation of NIS governance Korea’s governance Bulgaria’s governance WB’s proposal Process of R&D policy-making in Korea Life cycle of R&D project Issues to be considered 2

Why does the governance matter? Governance relates to "the processes of interaction and decision-making among the actors involved in a collective problem that lead to the creation, reinforcement, or reproduction of social norms and institutions. Well-structured governance is necessary, because of (OECD 2005) Competing rationales over individual policy domains Short-termism in resource allocation, undermining log-term strategy Different views and understanding of innovation policy Fragmentation ad segmentation, etc. Well-structured governance and efficient R&D management would increase Rationality Transparency Eventually, increases R&D investment Brings more technological innovation

Schematic presentation of G-structure 4

Korea‘s NIS governance 5

Bulgaria‘s NIS governance 6

WB‘s proposal 7

Process of R&D policy-making 8

Life cycle of R&D project 9

NRF organization 10

PARI organization 11

Issues to be considered Level of governance NIS system MES level PARI level Expected role of PARI Coordination / secretariat to coordinating committee R&D management Project mgmt. Budget control Benchmarking of Korea’s practice 12

Thank you !