
South Africa’s start-up problem isn’t funding — it’s access
Entrepreneurship, according to economist Israel Kirzner, is a “tendency for profit opportunities to be discovered and grasped by routine-resisting entrepreneurial market participants”.
Kirzner, an alumnus of the University of Cape Town and emeritus professor at New York University, is celebrated for his work defining entrepreneurship. The successful market actor, he says, is always “spontaneously on the lookout for hitherto unnoticed features of the environment which might inspire new activity”.








