Research and Innovation – the drivers of economic development

Abstract

Research and development are critical fueling innovation and national development and economic growth, but there also needs to be apolitical will to succeed. Furthermore there must be a strong synergy between academia and industry. Thus, for research to yield practical fruits, the results must enlighten and mould socio-economic policies and be readily adaptable to the needs of society. Is scientific research being conducted that impacts positively on society, that saves lives? Are there increasing numbers of technological innovations that make South African companies more competitive? Does social science research enlighten public policy? Does current humanities research support the arts and culture? Do ideas emanate from South Africa that improve the quality of life domestically and gobally? South Africa‟s Universities in particular have a vital role to play in developing the nation and they are critical to success in a knowledge-based economy.