South Korea Business Enterprise Researchers: Per Thousand Employment in Industry

South Korea Business Enterprise Researchers: Per Thousand Employment in Industry data was reported at 18.483 Per 1000 in 2021. This records an increase from the previous number of 17.386 Per 1000 for 2020. South Korea Business Enterprise Researchers: Per Thousand Employment in Industry data is updated yearly, averaging 9.302 Per 1000 from Dec 1995 (Median) to 2021, with 27 observations. The data reached an all-time high of 18.483 Per 1000 in 2021 and a record low of 3.462 Per 1000 in 1998. South Korea Business Enterprise Researchers: Per Thousand Employment in Industry data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MSTI: Number of Researchers and Personnel on Research and Development: OECD Member: Annual. In Korea, SSH are excluded from the R&D data prior to 2007. From 2013, GBARD data on the education objective are available separately, having previously been included in non-oriented research. Since 2008, GBARD has been broken down to fit NABS 2007 using estimation techniques.;

Definition of MSTI variables 'Value Added of Industry' and 'Industrial Employment':

R&D data are typically expressed as a percentage of GDP to allow cross-country comparisons. When compiling such indicators for the business enterprise sector, one may wish to exclude, from GDP measures, economic activities for which the Business R&D (BERD) is null or negligible by definition. By doing so, the adjusted denominator (GDP, or Value Added, excluding non-relevant industries) better correspond to the numerator (BERD) with which it is compared to.

The MSTI variable 'Value added in industry' is used to this end:

It is calculated as the total Gross Value Added (GVA) excluding 'real estate activities' (ISIC rev.4 68) where the 'imputed rent of owner-occupied dwellings', specific to the framework of the System of National Accounts, represents a significant share of total GVA and has no R&D counterpart. Moreover, the R&D performed by the community, social and personal services is mainly driven by R&D performers other than businesses.

Consequently, the following service industries are also excluded: ISIC rev.4 84 to 88 and 97 to 98. GVA data are presented at basic prices except for the People's Republic of China, Japan and New Zealand (expressed at producers' prices).In the same way, some indicators on R&D personnel in the business sector are expressed as a percentage of industrial employment. The latter corresponds to total employment excluding ISIC rev.4 68, 84 to 88 and 97 to 98.

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