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SA ranks 30th globally in fostering innovation
Attend enough South African tech events and you'll inevitably hear someone say that South Africa needs to do more to foster innovation. As it turns out though, the country could be doing a lot worse.
Image source © Memeburn
According to a new report from The Information Technology and Innovation Foundation (ITIF), which shows ranks South Africa 30th out 56 countries in how its domestic policies support worldwide innovation. These countries, it says, make up more than 90% of the global economy.
"Robust innovation is essential for economic growth and progress," said co-author Stephen Ezell, ITIF's vice president for global innovation.
South Africa's 30th-place overall ranking reflected a combination of policies that the report found to be 33rd best in their positive contribution to the global innovation ecosystem and also the 28th least damaging...
Continue reading the full article on Memeburn.
