Roadmap from technology colony to industrialisation: The case of South Africa

Economic growth in the emerging economies has been attributed to technological entrepreneurship and industrialisation. In South Africa there have been various initiatives by the government and private sector to jump-start industrialisation and promote national economic growth. The paper brings fresh thinking in linking the concepts of technology colony and industrialisation. A definition of technology colony is provided to enhance the understanding of technology transfer as a stimulant of industrialisation processes. Strategies for promoting industrialisation and national economic growth are discussed and recommendations are provided.