South African National Survey of Research and Experimental Development: key sector results and trends: business sector R&D at a glance. Fact sheet 35

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Sigenu, V., Sass, T., Mavi, S. & Slater, A. (2021) South African National Survey of Research and Experimental Development: key sector results and trends: business sector R&D at a glance. Fact sheet 35. Cape Town: Centre for Science, Technology and Innovation Indicators (CeSTII). http://hdl.handle.net/20.500.11910/22542

http://hdl.handle.net/20.500.11910/22542
 
Abstract:
Business enterprise expenditure on R&D (BERD) represents the component of gross expenditure on R&D (GERD) incurred by enterprises or units in the private sector. R&D performance by South Africa's formal business sector impacts economic growth, GDP, technology development and competitiveness. This fact sheet shows that BERD is decreasing year-on-year. In the last periods surveyed, R&D spend by business decreased from R14.448 billion in 2018/19 to R10.704 billion in 2019/20. The business sector devoted the largest share of its R&D expenditure to the natural sciences, technology, and engineering fields (98.6%). A higher proportion of business R&D spend was devoted to applied research as compared to basic and experimental research.
Reference:
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15 Oct 2023
 
BUSINESSES
RESEARCH AND DVELOPMENT (R&D)
SURVEY RESEARCH
 
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