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South Africa is a prominent global player and the gateway to Africa’s economy. However, the economy still lags behind in terms of innovation and research. To remain relevant, South Africa needs to keep abreast with the rest of the world. In the face of the fourth industrial revolution, keeping up with the future is not an easy task for a developing economy, as it should be providing infrastructure for human capacity development. This study compares South Africa with other countries (developed or other developing countries) in order to assess the readiness of the economy in terms of capacitating entrepreneurs and the workforce. The education sector is of essence to the economy, as it comprises institutions that enable economic actors. The study employs secondary data to make the comparison and a number of tables and figures were generated from data collected from the global economic forum, Statistics South …