Analysis reveals the importance of innovation in enhancing competitiveness within South Africa's service sectors, indicating significant implications for policy-making.
Innovation, a function of knowledge and its diffusion, is an important driver of competitiveness of firms and nations. This is the reason why many countries continue to place a growing emphasis on policies that spur it. Better understanding of the innovation process and its economic and development impact is crucial for all the actors involved in its realisation.
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Human Sciences Research Council (2026) studied this question.
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