Conglomerates Spend More on R&D, Intellectual Property in 2014: Report

SEOUL, April 5 (Korea Bizwire) — South Korea’s top conglomerates spent more on research and development and intellectual property to seek new growth engines in 2014, while cutting back on facility-related investments, a report showed Sunday. A total of 274 firms belonging to the country’s 30 largest business groups injected 35.31 trillion won (US$32.31 billion) into [...]