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Building a solid foundation for a robust National System of Innovation – STI policy. Presented by M Mashele BRICS Workshop. CONTENTS. Towards a Knowledge Economy R&D Strategy Framework R&D Expenditure Innovation Instruments Innovation Survey Conclusion. TRANSFORMATION.
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Building a solid foundation for a robust National System of Innovation – STI policy Presented by M Mashele BRICS Workshop
CONTENTS Towards a Knowledge Economy R&D Strategy Framework R&D Expenditure Innovation Instruments Innovation Survey Conclusion
TRANSFORMATION KNOWLEDGE-BASED ECONOMY RESOURCE-BASED ECONOMY
KNOWLEDGE-BASED ECONOMY • Knowledge is the basic form of capital • Knowledge generation, accumulation and exploitation: Innovation • Economic growth is driven by Innovation • Key driver for Innovation is “high-end” human capital • Human Cap as the key foundation for achieving the objectives of the National System of Innovation
Wealth Creation Quality of Life Business Performance Technical progress (Improvement and Innovation) SET Human Capital Imported Know-how Current R&D Capacity Future R&D Capacity R & D STRATEGY FRAMEWORK
KEY CHALLENGES • Increase the number of knowledge workers: Researchers • Increase the productivity of researchers • Address inequalities: Race, gender, regional & institutional distribution • Introducing appropriate Innovation Instruments in the National System of Innovation
POLICY IMPETUS FOR INNOVATION INSTRUMENTS • S&T White Paper • National R&D Strategy • Sector specific strategies • NSI Review • Decadal S&T plan
FTI Production & Commercialisation Knowledge Production Development FOUNDATION FOR TECHNOLOGICAL INNOVATION
Applied Tech Develop Basic Transfer and Proliferation NRF Development Finance Inst Specialist Research Funds Venture Capital International Research Funds SME Finance Publications/new knowledge Patents/new knowledge products FTI PBF
SUMMARY • Contribute to economic growth and job creation • Develop human resources • Provide required infrastructure • R&D innovation • Maintain focus on new technologies – innovation opportunities