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Education, entrepreneurial mindset and innovation: necessary ingredients for increasing entrepreneurial activity in South Africa

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  • Ekaete Akpan Benedict
  • Percy Frederick Venter

Abstract

This paper attempts to explain the major reasons for the low levels of entrepreneurship in South Africa. The paper challenges the commonly held notion that entrepreneurial success is correlated to educational achievement, even though entrepreneurship is heavily reliant on innovation processes. This paper uses the Global Entrepreneurship Monitor (GEM) study reports on South Africa as a reference framework for its theoretical analysis and raises issues related to ethnicity, education and innovation as possible factors for success. In addition, the paper reiterates that innovation need not be technical but also social and call on the government to enhance the entrepreneurial mindsets of its people.

Suggested Citation

  • Ekaete Akpan Benedict & Percy Frederick Venter, 2010. "Education, entrepreneurial mindset and innovation: necessary ingredients for increasing entrepreneurial activity in South Africa," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 11(2), pages 239-253.
    • Handle: RePEc:ids:ijeima:v:11:y:2010:i:2:p:239-253
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    Cited by:

    1. Lubna Rashid, 2019. "Entrepreneurship Education and Sustainable Development Goals: A literature Review and a Closer Look at Fragile States and Technology-Enabled Approaches," Sustainability, MDPI, vol. 11(19), pages 1-23, September.

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