In 2022, the South Korean government's R&D funding for sports industry amounted to around 20.7 billion South Korean won, which was an increase of around 3.6 billion won to the previous year. After a period of decreased funding from 2017 to 2020, more resources were allocated to sports R&D over the past two years again.
Government's R&D support for sport industry in South Korea from 2014 to 2022
(in billion South Korean won)
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MCST (South Korea). (August 16, 2024). Government's R&D support for sport industry in South Korea from 2014 to 2022 (in billion South Korean won) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1016414/south-korea-sport-industry-randd-funding-value/
MCST (South Korea). "Government's R&D support for sport industry in South Korea from 2014 to 2022 (in billion South Korean won)." Chart. August 16, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1016414/south-korea-sport-industry-randd-funding-value/
MCST (South Korea). (2024). Government's R&D support for sport industry in South Korea from 2014 to 2022 (in billion South Korean won). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1016414/south-korea-sport-industry-randd-funding-value/
MCST (South Korea). "Government's R&d Support for Sport Industry in South Korea from 2014 to 2022 (in Billion South Korean Won)." Statista, Statista Inc., 16 Aug 2024, https://www.statista.com/statistics/1016414/south-korea-sport-industry-randd-funding-value/
MCST (South Korea), Government's R&D support for sport industry in South Korea from 2014 to 2022 (in billion South Korean won) Statista, https://www.statista.com/statistics/1016414/south-korea-sport-industry-randd-funding-value/ (last visited November 21, 2024)
Government's R&D support for sport industry in South Korea from 2014 to 2022 (in billion South Korean won) [Graph], MCST (South Korea), August 16, 2024. [Online]. Available: https://www.statista.com/statistics/1016414/south-korea-sport-industry-randd-funding-value/