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Entrepreneurship-and-InnovationManagement-214-Complete LATEST UPDATES 2023 A GRADE
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Entrepreneurship & 
Innovation 
Management 214 
Chapter 1: The Nature and Development of Entrepreneurship 
Entrepreneurs are the core and essence of any economy. Economic development 
can be directly attributed to the level of entrepreneurial activity, and entrepreneurial 
business ensure growth in the economy. 
Examples of some successful South African entrepreneurs include Ernest 
Oppenheimer, Pam Golding, Elon Musk and Sol Kerzner. 
Most entrepreneurial activity takes place in small, medium a...
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