(1) The Minister of Science and ICT may engage the relevant research institute, as prescribed by Presidential Decree, to implement a project for research and development, technical cooperation, transfer of technology, technical guidance, or similar, in order to effectively promote the development of technology and devices related to information and communications networks. <Amended on Mar. 23, 2013; Jul. 26, 2017>
(2) The Government may provide financial support to a research institute that implements a project for research and development or similar in accordance with paragraph (1) for all or part of the expenses incurred in conducting such project.
(3) Matters necessary for the disbursement and management of the expenses under paragraph (2) shall be prescribed by Presidential Decree.[This Article Wholly Amended on Jun. 13, 2008]