Randomized trial examines business contributions to R&D funding in South Africa, suggesting economic growth through innovation.
Research and experimental development in developed countries relies heavily on business to invest in R&D which increases economic growth through innovation and competitiveness in the product market. In South Africa, business is crucial to research and experimental development both as a performer and as a financer, with the sector providing most of its own R&D funding in 2022/23 (75.3%). Government support accounted for just over 16% of R&D funding in the business sector in 2022/23.
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Human Sciences Research Council (2026) studied this question.
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