Monday, February 8, 2010
The Korean government has announced that it will spend $341 million to fund a four year program aimed at enhancing the country's information and communication technology sector. According to the Joongang Daily, the money will be used primarily to train basic researchers for the corporate world, with lesser emphasis on training for employees of government agencies and in the IT convergence sector. The money will be given primarily to universities across Korea to develop training programs and provide students with financial support. The primary emphasis of this new funding, in a departure from past patterns, will be on graduate level training rather than undergraduate.