POLICY
Science, technology and innovation centre stage in development plans
Areas that are boosted include agriculture, beneficiation of minerals, energy and small enterprises
In a globalised environment in which developments in information and communication technologies continue apace, innovation must remain at the heart of all government policies. Governments exert a strong influence on the innovation process through the financing and steering of public organisations that are directly involved in knowledge generation and diffusion, and through the provision of financial and regulatory incentives to all actors in the innovation space. The government has recognised the ever-changing global environment and has shifted gear to ensure the country is not left behind. Strategic plans such as the Nine-Point Plan, launched in 2015 as part of the implementation of the National Development Plan (Vision 2030) to reignite growth and create jobs, takes into consideration the changes needed for increased growth. The Nine-Point Plan focuses on areas such as energy, tourism, agriculture, industrialisation and transportation. The National Development Plan acknowledges sc...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.