December 1996
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4 Citations
International Journal of Pressure Vessels and Piping
South Africa with its recent major socio-political transformation to a full democracy, has also inherited a considerable technology base from the past. Although some of this asset has already been severely weakened by erosion, the correct management of this national asset to serve the needs of the new society being created in this country, can be a considerable force in the reconstruction of our economy and our society. In particular, the following roles will be dealt with: 1.• technology as a driver of greater productivity and increased global economic competitiveness;2.• technology as a force to transform the South African industry from an exporter of base minerals to a manufacturing base through value-addition to its minerals;3.• technology as a catalyst in the reconstruction of South African society through a refocused value system.Technologically based decision making, such as LIFEX and many others, is a typical example where the productive use of scarce capital resources, can be optimised and spread over a greater part of the economy.