Tech Leaks

 

According to the Korea Small Business Institute, small and medium enterprises running their own research institutes suffered from a technology outflow worth 6.2574 trillion won (US$5.5987 billion) combined between 2011 and 2013. The amount was equivalent to 58.0 percent of their R&D expenditures for the same period.

The sales decrement caused by the tech leak was 2.54 billion won (US$2.27 million) on average, 20.4 percent of the annual sales.

Still, the companies did not make a large investment to prevent it. They spent 35.3 million won (US$31,485) a year on average to that end, which was 66.1 percent of the amount invested by big businesses.

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