How innovative is South Africa?

Abstract

The article offers information on the innovation performance of South Africa. It states that South Africa had the fifth highest rate of innovation in service enterprises and sixth highest rate of innovation in industrial enterprises. It avers that it is becoming more significant for service enterprises and industrial to be innovative, as services play an important role in the transfer of technology and the facilitation of business. Moreover, South Africa did relatively well in terms of the percentage of turnover of the sale of new or developed products.