The Institute for Economic Research on Innovation (IERI) is located in the Faculty of Economics and Finance of Tshwane University of Technology (TUT). IERI operates as a full academic Department of the Faculty. The full-time academic personnel of IERI are employees of TUT, a Public Higher Education Institution established by statute in South Africa. IERI staff members participate in all the various committees of the Faculty and are also members of the Faculty Board. IERI broadly works in the Research and Innovation Focus Area entitled: "The Political Economy of Innovation and Local Development."
As a networked competency, IERI's total staff capacity comprises a small core of full-time academics and administrators who work with a formal network of selected research associates. The research associates of IERI are organized in categories that reflect the status accorded to them by TUT. The capabilities of all members of the IERI collective are reflected in their range of experience, academic qualifications and developmental orientation.