Policy levers to boost innovation and productivity in South African manufacturing firms

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dc.date.accessioned 2022-04-01T05:16:04Z
dc.date.available 2022-04-01T05:16:04Z
dc.date.issued 2022-03-31 en
dc.identifier.uri http://hdl.handle.net/20.500.11910/19274
dc.description HSRC Policy Brief, March en
dc.description.abstract This policy brief shares key evidence-based insights on boosting innovation and productivity in manufacturing firms. Current policy instruments to promote innovation do not consider all of the drivers of innovation investment and success, and there is a need for a mix of tools ??? known as policy levers ??? that explicitly consider the differential impact of these drivers on product versus process innovation. New empirical evidence shows that both product and process innovations improve productivity. Firms that export are more likely to implement product innovations and larger firms are more likely to be process innovators. The analysis and recommendations presented here open up potential new directions for policymakers across industrial, economic and innovation spheres. To augment R&D tax incentives and other forms of subsidy, as well as skills development, the evidence points to the need to promote knowledge flows and competition, and support smaller firms in their innovation efforts. en
dc.format.medium Print en
dc.subject INNOVATION en
dc.subject MANUFACTURING INDUSTRY en
dc.title Policy levers to boost innovation and productivity in South African manufacturing firms en
dc.type Policy briefs en
dc.description.version N/A en
dc.ProjectNumber N/A en
dc.BudgetYear 2021/22 en
dc.ResearchGroup Center for Science, Technology and Innovation Indicators en
dc.ArchiveNumber 9812307 en
dc.URL http://ktree.hsrc.ac.za/doc_read_all.php?docid=25474 en
dc.outputnumber 13814 en
dc.bibliographictitle Kahn, A. (2022) Policy levers to boost innovation and productivity in South African manufacturing firms. (HSRC Policy Brief, March). en
dc.publicationyear 2022 en
dc.contributor.author1 Kahn, A. en


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