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dc.contributor.advisor Mongale, I. P. Ledwaba, Nthabiseng Anne 2023-03-27T14:01:26Z 2023-03-27T14:01:26Z 2022
dc.description Thesis (M.Com. (Economics)) -- University of Limpopo, 2022 en_US
dc.description.abstract The purpose of this study was to investigate growth through innovation and productivity in the South African economy. The study employed the Autoregressive Distributed Lag (ARDL) approach to analyse the annual time series data from the period 1994 to 2018. The data of the study is quantitative and was collected from the South African Reserve Bank and the World Bank. Due to a decline in investment in innovation in South Africa as compared to Brazil, Russia, India and China, the study recommends increased investment in innovation, which may yield positive results on economic growth given the Fourth Industrial Revolution (4IR) presence. The results of the study indicate that there is a long-run relationship between the variables furthermore, in the short-run research and development (R&D), several patents and manufacturing: Labour productivity has a positive and is statistically significant on GDP. However, labour productivity in the non-agricultural sector is positive but statistically insignificant on GDP. Moreover, the findings, in the long run, reveal that R&D, number of patents, and manufacturing: labour productivity is positive and statistically significant on the economic growth in South Africa while labour productivity in the non-agricultural sector has a negative impact on economic growth. This study recommends that policymakers should aim at increasing government-funded R&D, education and human capital to induce productivity and eventually drive up economic growth in South Africa. en_US
dc.format.extent xii, 120 leaves en_US
dc.language.iso en en_US
dc.relation.requires PDF en_US
dc.subject Innovation en_US
dc.subject Labour productivity en_US
dc.subject South Africa en_US
dc.subject Research and development en_US
dc.subject Patent en_US
dc.subject Autoregressive Distributed Lag en_US
dc.subject.lcsh Technological innovations -- South Africa en_US
dc.subject.lcsh Labor productivity -- South Africa en_US
dc.subject.lcsh Economic development -- South Africa en_US
dc.subject.lcsh Industrial productivity -- South Africa en_US
dc.subject.lcsh Government productivity -- South Africa en_US
dc.title Growth through innovation and productivity : the case of South Africa en_US
dc.type Thesis en_US

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