For any country to be a serious competitor in the global knowledge economy both the quality and quantity of PhDs must be expanded significantly. It seems most African countries are falling behind. South Africa for example scores well below countries such as Iceland, Turkey, Brazil, Hungary and Estonia. South Africa, probably the country on the continent with the highest number of doctoral graduates every year produces less than 2000. France however produces 17,000 PhDs every year, and 1 in 3 now wants to create a business.
South Africa’s target, in the National Development Plan, of 5,000 PhDs a year by 2030 is however achievable. South Africa should also encourage at least 10% of the PhD graduates to create a business.
Read full article: http://mg.co.za/article/2010-10-15-hard-choices-over-doctorates