Learning Objectives

• Identify the sources of funding for R&D activities.

• Master the vocabulary & expressions concerning with R&D funding.

• Aware of the process of funding a R&D project.

Vocabulary

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Teaching slide

Supplement exercise

1.  This video clip tells how EU sponsored different kinds of projects.Watch the clip and try to figure out the meaning of the following words in the clips.

1. subsidy n.                                       

2. budget n.

3. funding n.

4. fund v. & n.

5. grant v. & n.

6. loan n. 

7. finance v. & n.

8. credit n.

   
   

    

2. This is a news item about R&D investment, funding source and allocation in Korea. 

• Word list：

1. ICT (Information and Computering Technology)

2. allocate  v. 分配

3. consecutive a. 连续的

4. merely ad. 仅仅

5. force of labor 劳动力

6. commercialize v. 使...商业化

7. infrastructure n. 基础设施

8. boost  v. 提升

9. joint  a. 联合的

10. multinational a. 多国的

11. headquarter  n. 总部

Questions：

1. According to the news report, which place Korea ranked by R&D spending in 2012?

2. In which business sectors, Korea had a high reputation?

3. In order to promote international cooperation and joint research, what measures did Korea government take?

4. 
   

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