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Title Government R&D impact on the South African macro‐economy
Full text http://arno.unimaas.nl/show.cgi?fid=26626
Date 2012
Author(s) Perrot, Radhika; Mosaka, David; Nokaneng, Lefentse; Sikhondze, Rita
Abstract This paper analyses the impact of government R&D on the macro-economy of South Africa. The empirical estimates of the impact of R&D are based on the backward and forward linkages of a macro-economy, within a national innovation system (NIS). There are structural implications of the study, namely how R&D investments can result in the creation of new industries, job creation and improved national productivity. The largest indirect impact of R&D expenditure by public institutions and agencies is on community services, financial and businesses and manufacturing, in terms of employment and contribution to the country’s GDP. Community services are impacted through the backward linkages derived from the expenditure by various research institutions on intermediate inputs such as water, electricity and health.
Subject(s) research and development (R&D); innovation; knowledge economy indicators; inputoutput model; impact assessment
Publisher UNU-MERIT
Type of publication Research paper
Format application/pdf
Source UNU-MERIT working paper series: 2012-068, ISSN 1871-9872 ; vol.2012-068
Rights UNU-MERIT, 2012
Repository Maastricht - University of Maastricht
Added to C-A: 2012-12-20;13:59:15