Printer Friendly

South Africa.

South Africa: According to South Africa's "National Survey of Research and Experimental Development: the country's gross domestic expenditure on R&D totaled ZAR 16,520.6 million ($1.95 billion), 0.95% of GDP, in 2006-2007 for a nominal annual increase of 16.8%. Engineering sciences, natural sciences, and medical and health sciences comprised 20.9%, 20.3% and 15.1% of R&D, respectively. Applied sciences and technologies represented 11.0% and agricultural sciences made up 6.9%. Business performed 55.9% of 2006 R&D and higher education performed 20.0%. Government performed 22.8% of R&D in 2006, an increase from its 10.8% share in 2005. In terms of financing, 51.3% of 2006-2007 R&D was funded by business, and government funded 33.9%, up from 38.2% the previous year. The percentage of R&D funded from abroad fell in 2006 to 10.6%, down from 13.6% in 2005. Experimental development accounted for 46.3% of R&D expenditures in 2006, compared to 35.1% for applied research and 18.6% for basic research.

Source: South African Department of Science and Technology

COPYRIGHT 2008 Strategic Directions International Inc. (SDI)
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Region Watch
Publication:Instrument Business Outlook
Article Type:Brief article
Geographic Code:6SOUT
Date:Sep 30, 2008
Words:190
Previous Article:Energy.
Next Article:India.
Topics:

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters