R&D expenditure increases in SA for third consecutive year
DATE: 1 June 2016
The 2013/14 R&D survey shows that gross expenditure on research and development (GERD) has increased in nominal terms in South Africa for the third consecutive year after the contraction in the 2009/10 and 2010/11 survey years. This is an indication that the R&D expenditure trend has stabilised. These trends reflect the general pattern of domestic economic growth and track the global trend in R&D expenditure.