SA has the R&D in place, but it’s not translating into knowledge-based workers
Only a revised national system of innovation can unlock SA’s potential — and its potential to garner foreign direct investment
President Cyril Ramaphosa has made the attraction of new investment, both foreign and local, a priority. While the economy sorely needs an injection of capital, this new investment cannot be agnostic; we need this investment to drive a very specific growth trajectory. We recently celebrated World Intellectual Property Day. It’s a day of some controversy and, depending on whether you are a beneficiary or victim of the current global patterns of production and consumption, the day is one of hope or continued despair. This is based on an age-old discourse centred on the notion of intellectual property rights as both a trade barrier and an obstacle to localisation and development. This is an argument worth revisiting frequently as we observe significant changes in the global economic power balances. The rise of China and India, in particular, has created a slipstream for many developing countries, some of which have responded quite positively. There seems to be a close correlation betwe...
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