The South African manufacturing and services sectors remain squarely in the crosshairs of economic and industrial policy makers and, equally, business leaders and sector analysts. Whether to stimulate much-needed growth, as in the case of the manufacturing sector, or to adapt to widespread technological change, as in the case of services firms, the argument for a reimagined industrial strategy could not be more compelling or urgent.
In this context, innovation is centrally positioned as both a key engine of development and a catalyst for growth. However, little is known about the impacts of innovation on productivity in manufacturing and services businesses in South Africa, with studies focussing mainly on the role of R&D.
Showcasing new econometric modelling, using data from the South African Business Innovation Survey, 2014-2016, the seminar delves into relationships between different types of technological and non-technological innovation and business productivity. Policy issues and questions for discussion with national and sector stakeholders include: what factors or firm characteristics influence the decision to innovate? What support mechanisms incentivise innovation? Is the relationship between innovation and productivity always positive?
Presenters: Dr Atoko Kasongo and Dr Amy Kahn, Centre for Science, Technology and Innovation Indicators, HSRC
Moderator: Godfrey Mashamba, Deputy Director-General: Evaluation, Evidence and Knowledge Systems, Department of Performance Monitoring and Evaluation (DPME)
Discussant: Saul Levin, Director: Trade and Industrial Policy Strategies (TIPS)
For more information: http://www.hsrc.ac.za/en/events/seminars/impact-of-innovation-on-productivity
