The Role of the South African Government in Developing the Biotechnology Industry – from Biotechnology Regional Innovation Centres to the Technology Innovation Agency
Stellenbosch Working Paper Series No. WP19/2012Publication date: 2012
Author(s):
[protected email address] (Department of Economics, University of Stellenbosch)
Biotechnology has been identified as one of the key sectors for future economic growth in many countries, with South Africa being no exception. Consequently, the South African government introduced the National Biotechnology Strategy (NBS) in 2001 whilst trying to modernize the government’s biotech institutions and methods to develop the biotechnology industry given a changing political and technical environment. An important product of the NBS was the establishment of Biotechnology Regional Innovation Centres (BRICs) in 2002, which aimed to develop and commercialise the biotechnology industry. This was followed by the establishment of the Technology Innovation Agency (the TIA) in 2008. The latter institute’s aims are to develop South Africa’s ability in transferring a larger percentage of local research and development (R&D) into commercial products and services. This paper will explore and highlight recent changes in the role of the South African government in its attempts to support and develop the biotechnology industry firstly via BRICs and thereafter the TIA.
JEL Classification:L6, L65
Keywords:Biotechnology, Biotechnology Regional Innovation Centres (BRICs), TIA, South Africa
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Upcoming Seminars
Monday 13 October 202512:10-13:10
Prof Euan Phimister: Stellenbosch Business School
Topic: "TBA"
12:10-13:10
Dr Friedrich Kreuser: Stellenbosch University
Topic: "Allocative Efficiency, Labour Shares, and Corporate Lobbying in European Manufacturing"
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Prof Masashige Hamano: Waseda University
Topic: "TBA"
BER Weekly
26 Sep 2025 Free Weekly Review | Number 37 | 26 SeptemberThis report covers the key domestic and international data releases over the past week. The more comprehensive BER Weekly Review (Enhanced Version) includes a detailed discussion on the main economic events and developments over the past week, a summary of upcoming data (the week ahead) and the BER’s forecast for key economic indicators....
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