Technology & Innovation

Innovation adds value to your business so that you can increase your profits. It also helps you to compete better in rapidly changing markets. The scope of innovation includes product, process, marketing and organisational innovation.

Technology affects the way individuals communicate, learn and think. It helps society and determines how people interact with each other on a daily basis. Technology increases the efficiency of systems, products and services. This increased efficiency reduces costs and enables the business to grow more rapidly.

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Article
by OECD
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The Oslo Manual for measuring innovation defines four types of innovation: product innovation, process innovation, marketing innovation and organisational innovation.
Video
by World Economic Forum
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The Fourth Industrial Revolution represents a fundamental change in the way we live, work and relate to one another. It is a new chapter in human development, enabled by extraordinary technology advances commensurate with those of the first, second and third industrial…
Documents
by OECD
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Digital tools bring many significant benefits for firms. Digitalisation reduces transaction costs by providing better and quicker access to information, and communication between staff, suppliers and networks. It can help small and medium-sized enterprises (SMEs) integrate into…
Article
by McKinsey & Company
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Digitisation and automation could result in a net gain of up to 1.2 million jobs in South Africa by 2030. But if companies don’t act swiftly to take advantage of the opportunities these technologies present to drive innovation and growth, the country will suffer.
by McKinsey & Company
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01 Apr 2015 — As smartphones and mobile apps threaten to upend old-line industries, business-model innovation has become all the more urgent. It is no secret: innovation is difficult for well-established companies.
Documents
by UNCTAD
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Strengthening the technological capabilities of developing countries will be critical for the achievement of the 2030 Agenda for Sustainable Development. Focused national efforts are needed, backed by international support. As the focal point within the United Nations on science…
Article
by OECD
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The Innovation Strategy is built around five priorities for government action, which together can underpin a strategic approach to promoting innovation.

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