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What is Township Economy

Reshaping Entrepreneurial Education Within an Industry 4.0 Context
Townships are historically designated areas in South Africa that are home to people from historically disadvantaged backgrounds, and the phrase “township economy” refers to the economic activities and businesses that operate within townships.
Published in Chapter:
Harnessing Entrepreneurship Education for Economic Growth and Unemployment Reduction in the Era of Disruption
Tshepo Maota (University of KwaZulu-Natal, South Africa) and Vannie Naidoo (University of KwaZulu-Natal, South Africa)
Copyright: © 2024 |Pages: 25
DOI: 10.4018/979-8-3693-0409-9.ch003
Abstract
This study explores creative disruption and entrepreneurial education in higher education, focusing on the South African context. It highlights the importance of integrating disruptive elements and fostering entrepreneurial mindsets to prepare students for the modern world. The study examines theoretical implications, including adapting traditional approaches to a changing business landscape. Practical recommendations include teaching entrepreneurship, project-based learning, and collaborations with industry. By embracing creative disruption and fostering entrepreneurial mindsets, higher education institutions in South Africa can play a crucial role in nurturing a generation of graduates equipped with the skills, mindset, and adaptability needed to thrive in an evolving entrepreneurial ecosystem.
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