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03 December 2014

SA fails to reach research and development goals

Mail & Guardian Online

South Africa has once again failed to meet its ambitious research and development (R&D) targets, with the percentage of gross domestic product spend on R&D stagnating at 0.76%. This puts total R&D spend for 2012-2013 at about R24-billion.

Government is the largest funder of R&D in the country, at 45%, with industry lagging at 38%, according to the latest annual R&D survey undertaken by the Centre for Science, Technology and Innovation Indicators at the Human Sciences Research Council.

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Mail & Guardian Online

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