South African National survey of Research and Experimental Development 2017/18: key sector results and trends: business sector R&D at a glance. Fact sheet 21

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Kasongo, A., Ramoroka, K., Kruss, G. & Molotja, N. (2020) South African National survey of Research and Experimental Development 2017/18: key sector results and trends: business sector R&D at a glance. Fact sheet 21. Cape Town: Centre for Science, Technology and Innovation Indicators (CeSTII). http://hdl.handle.net/20.500.11910/22566

http://hdl.handle.net/20.500.11910/22566
 
Abstract:
R&D performance in the South African formal business sector is vital to the national system of innovation and the future growth of the economy. This fact sheet shows that business spent nearly R16 billion on R&D in 2017/18, equivalent to 0.34% of the country's GDP. Three quarters of this investment was concentrated in the natural sciences, technology and engineering. The lion's share (93.5%) of all business sector R&D expenditure is for applied research and experimental development research, geared to solving problems at firm-level.
Reference:
If you would like to obtain a copy of this Research Output, please contact the Research Outputs curators at researchoutputs@hsrc.ac.za

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15 Oct 2023
 
BUSINESSES
NATIONAL SURVEYS
RESEARCH AND DVELOPMENT (R&D)
 
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