Minister Naledi Pandor says more should be spent on research. Photo: World Economic Forum via Flickr
Not enough money is being spent on research and development in South Africa.
This is what Minister of Science and Technology Naledi Pandor said when she presented the department’s National Survey of Research and Experimental Development report for 2008/2009 yesterday.
BuaNews reports that even though R2.4 billion more was spent on research and development than last year, the government’s target of spending 1% of GDP on this field has not been met.
This year R21 billion has been spent on research and development. According to Pandor, President Jacob Zuma wants spending on this field to increase to 1.5% of GDP by 2014.
