n Management Today - The entrepreneurial university
|Article Title||The entrepreneurial university|
|© Publisher:||Richard Havenga & Associates|
|Author||P.J. Jansen van Nieuwenhuizen|
|Publication Date||Sep 2012|
|Pages||92 - 99|
The innovation gap (or innovation chasm) could be defined as 'the gap between knowledge generators and the market'. This gap is one of the main causes why South Africa spends less than 1% of its National GDP on research and development. In addition, data from the Global Innovation Index and the Global Competitiveness Index show that the gap between innovation input and the resultant practical knowledge output has doubled since 2008 in South Africa.
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