The contribution of higher education institutions to the South African economy
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Date
Authors
Pouris, Anastassios
Roula, Inglesi-Lotz
Journal Title
Journal ISSN
Volume Title
Publisher
AOSIS Open Journals
Abstract
We present the direct and indirect contributions of higher education institutions in South Africa to certain
macroeconomic indicators such as GDP and employment, with the ultimate purpose of establishing their
importance for the country. Taking this a step further, funding of these institutions is crucial in order for them
to continuously produce outcomes in terms of research and skilled graduates. Hence, we compare the South
African research and development (R&D) expenditure with international best practice. Policy implications are also
discussed, especially in the light of the new funding formula for universities to be announced by the Department
of Higher Education and Training.
Description
Keywords
Higher education institutions, South African research and development (R&D), South African economy, South Africa (SA), Higher education, Universities, Economic contribution
Sustainable Development Goals
Citation
Pouris A, Inglesi-Lotz R. The contribution of higher education institutions to the South African economy. S Afr J Sci. 2014;110(3/4), Art. #a0059, 5 pages. http://dx.DOI.org/ 10.1590/sajs.2014/a0059.