Abstract
ABSTRACT Despite growing government financial support for scientific development, our understanding of the effect of funding practices on scientific performance is limited. This study investigates the effects of funding policy change on the scientific performance measured by research output of government research institutes (GRIs) in South Korea. This paper analyzes the balanced panel data to examine performance at Korean GRIs during 90's. Our findings indicate that the introduction of a new funding policy improved the journal impact factors of papers.
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