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Services: innovation data: Nigeria & South Africa at a glance. Fact sheet 18

Year: 2025

Type: article

Abstract: Nigeria and South Africa are Africa's largest economies, with a combined GDP that rivals those of all other African nations together. However, GDP growth rates in both countries have stalled in recent years, and major societal ills persist. As middle-income economies that have made a transition from primary industry to services-based growth, Nigeria and South Africa's innovation performance should concern policy-makers. As this Fact Sheet illustrates, while services firms in both countries use training and technology acquisition as key innovation strategies to improve the quantity and quality of their value propositions, Nigerian and South African firms face critical financial and other barriers to innovation.

Source: Human Science Research Council SA

DOI: 10.14749/30781181

Author: Human Sciences Research Council

Language: English

Topic: Firm Innovation and Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: green

Funder: Human Sciences Research Council

OpenAlex ID: W7108451619

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