Innovation has been and continues to be recognised as central to promoting and supporting sustainable economic development; as such, South Africa has set the goal of becoming a knowledge economy. This is an economy that succeeds in producing knowledge and transforming itself into a technology-based from a resource-based economy that will stimulate growth and development of the country, while creating sustainable employment opportunities. The two key policies designed to drive strategic economic development in South Africa are the Innovation Policy and the Industrial Policy. This article considers the role of technology commercialisation strategy and how it can be utilised as a model for cooperation and collaboration to ensure achievement of the objectives of the innovation and industrial policies and present a homogeneous approach to policy implementation. The data was collected through a field survey of small, medium and micro enterprises (SMME s) which are technological oriented. Additional information was gathered through an in-depth, semi-structured interviews with selected stakeholders within the innovation landscape. The research findings confirm that commercialisation is the most significant and critical step of the innovation value chain, supported by collaboration and linkages of the innovation system players and it requires effective co-operation from both public and private entities. Successful technology commercialisation justifies efforts, funds and time committed to research and development and it propels enterprise development, spurs industrialisation, enhances enterprise technological capability, efficiency and competitiveness, create investment opportunities, and make research more demand driven.

创新一直并将继续被认为是促进和支持可持续经济发展的核心；因此，南非设定了成为知识经济体的目标。这是一个成功地生产知识并将自身从资源型经济转变为技术型经济的经济体，它将刺激国家的增长和发展，同时创造可持续的就业机会。旨在推动南非战略性经济发展的两项关键政策是创新政策和产业政策。本文考虑了技术商业化战略的作用，以及如何将其用作合作与协作的模型，以确保实现创新和产业政策的目标，并提出一种统一的政策实施方法。数据通过对中小微企业的实地调查收集而来（ 以技术为导向的SMME s)。通过与创新领域内选定的利益相关者进行深入的半结构化访谈，收集了更多信息。研究结果证实，商业化是创新价值链中最重要和最关键的一步，它得到创新系统参与者协作和联系的支持，需要公共和私营实体的有效合作。成功的技术商业化证明投入研发的努力、资金和时间是合理的，它推动企业发展，刺激产业化，提高企业技术能力、效率和竞争力，创造投资机会，并使研究更多地由需求驱动。