https://www.engineeringnews.co.za
Cleaning|Environment|Innovation|System|Technology|Products
Cleaning|Environment|Innovation|System|Technology|Products
cleaning|environment|innovation|system|technology|products

South Africa needs to encourage more local patents – Davies

Trade & Industry Minister Rob Davies

Trade & Industry Minister Rob Davies

10th April 2019

By: African News Agency

  

Font size: - +

South Africa's government is striving to strike a balance between granting monopoly rights to support innovation, the dissemination of knowledge and addressing the country's socio economic challenges, trade and industry minister Rob Davies says.

Davies told a forum on intellectual property and technology commercialisation, hosted in collaboration with the Companies and Intellectual Property Commission, that there was a need to encourage greater use of the patent system by local innovators, with more than 95 percent of patents currently registered in South Africa being foreign.

“South Africa has inventions coming from research institutions, universities and individuals, and the issue is then how do these inventions find their way into products," he said.

"The computerised ticketing system, the automatic hosepipe swimming pool cleaning device and many more are South African innovation and not many of them ended up as products that are manufactured in South Africa, and South Africa does not benefit appropriately from its innovation."

"This tells us that the journey of innovation is the most difficult part in turning of inventions into commercial products and in this regard, in South Africa, we have had many more failures than successes. This is the issue we need to confront,” said Davies.

He said the department of trade and industry was developing a programme which would include an incentive grant and provide assistance and a supportive environment for innovators to find partners, thus ensuring their ideas were developed and commercialised in South Africa.

"For us to be able to industrialise, we have to be continuously raising competitiveness which is something that innovation is a very integral part of," he said.

Edited by African News Agency

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.094 0.145s - 174pq - 4rq
Subscribe Now