An exploratory case study of accelerator programmes in the Republic of South Africa
- Authors: Mametse, Mmankitseng Lerato
- Date: 2019
- Language: English
- Type: text , Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10962/92639 , vital:30737
- Description: South Africa is facing a challenge of poverty, unemployment and low growth. Government has identified the small and medium-sized business (SME) sector as one of the ways through which to combat these challenges. Government has also set up programmes and agencies to support SMEs in their search for funding and other kinds of support. South Africa, however, has one of the highest rates of SME failures in the world, with the majority not surviving beyond three years. Alternative interventions are therefore required to support South Africa’s SMEs to become sustainable companies beyond three years and to contribute positively to economic growth, poverty alleviation and job creation. This paper explores one kind of intervention that has been used internationally and that is increasingly being adopted in South Africa. Accelerator programmes, aimed at supporting start-ups to get to the next level of their development, have been growing in numbers around the world, trying to replicate the success of the original accelerator programme – the Y Combinator – which was responsible for the success of household names such as Airbnb and Dropbox. Accelerator programmes help start-up companies define and build their initial products, identify promising customer segments, and secure resources, including capital and employees. By making these necessary resources available to start-ups, it may be possible to ensure that fewer start-ups fail and more SMEs remain sustainable into the future. Several accelerator programmes have been founded in South Africa, all with a similar aim: to accelerate the development of start-ups that have the potential to grow exponentially given access to the right resources. This paper examines how South African accelerator programmes work in terms of the key resources made available to the start-ups that participate in their programmes. An increasing number of academic papers have been written on accelerator programmes internationally, but little information is available for the South African context. This research study investigated the phenomenon of accelerator programmes in South Africa through the lens of Resource-based Theory. The theory posits that, in order to gain a sustained competitive advantage, companies need to utilise their resources (including physical, human and organisational) in a manner that is effective and efficient, both internally and externally. The research answers the following questions: How do accelerator programmes work in South Africa? What value (in terms of resources offered) do they claim to bring to start-ups that go through their accelerator programmes? An exploratory case study method was selected to understand the phenomenon of accelerator programmes in South Africa. Purposeful sampling was used in the selection of accelerator programmes, as it allows for the selection of information-rich cases. The research findings indicate that accelerator programmes in South Africa follow the structure of providing start-ups, over a period between three months and one year, with resources that will assist them to be successful into the future. The investigation finds that human and financial resources are some of the most valuable resources that accelerator programmes provide to start-ups to help progress these start-ups to their next level of development. The most important resource is mentorship from knowledgeable industry players who are themselves entrepreneurs. Access to networks to gain access to the market, as well as funding, is also made available by accelerator programmes. This investigation provides a glimpse of the accelerator programme phenomenon in South Africa and highlights the important role that mentorship from experienced entrepreneurs, and access to markets and funding, play in the development of start-ups.
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Influence of local economic development strategic leaders on the formulation of the integrated development plan, Makana Municipality, Eastern Cape
- Authors: Nonxuba, Mnweba McNair
- Date: 2014
- Subjects: Local Economic Development (Programme) , Community development -- South Africa -- Grahamstown , Municipal government -- South Africa -- Grahamstown , Strategic planning -- South Africa -- Grahamstown , Grahamstown (South Africa) -- Economic conditions -- 21st century , South Africa -- Politics and government
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:832 , http://hdl.handle.net/10962/d1013176
- Description: The influence of local economic development strategic leaders on how Integrated Development Plans (IDP) are developed is critical to gain insights into strategic planning directed towards economically developing municipalities. Concisely, the aim of this qualitative study was to gain a multiple understanding of how LED strategic leaders, namely managers of the LED directorate and sub-directorates at Makana local municipality influenced the IDP formulation. The fact that these LED strategic leaders, ‘make consequential or strategic decisions’ suggests that their decisions have an influence on the IDP formulation. Thus, the key research question in this study was: How do LED strategic leaders at Makana local municipality influence the formulation of the IDP at this municipality? This qualitative research used purposive sampling of incidents upheld by LED Strategic leaders. A total of ten in-depth and semi-structured interviews were conducted with four LED strategic leaders regarding incidents of their perceived influence on the formulation of the Integrated Development Plan at Makana. The interviews were in-depth in order to gain a rich understanding of their perspectives of reality. As the number of LED strategic leaders was already very small, all the four leaders at Makana participated in this study. Interview data was transcribed and analyzed using open coding and constant comparison. Member check was conducted to enhance confirmability of the findings of this study. Findings indicate that LED strategic leaders perceived their influence on the formulation of the IDP Makana municipality in four varied ways. Predominantly, LED strategic leaders commonly perceived that they had influence in setting evidence-driven direction, and searching for fitness of activities and issues with LED strategy. Thereafter, the other ways in which these LED strategic leaders perceived how they influenced the IDP formulation involve the facilitation of clarity and local relevance of LED mandates, and finally the integration of multiple economic voices of stakeholders. This demonstrates that LED strategic leaders at Makana emphasize proactively managing strategy process rather than content in terms of identifying key opportunities and major economic drivers in the local milieu. Instead, they perceived their influence as characterized by enhancing compliance with bringing the process of municipal strategy formulation closer to stakeholders. Implications of these findings are highlighted.
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Investigating the relationship between sustainability and farmer decision-making: a qualitative study of maize farmers in Mpumalanga, South Africa
- Authors: Grewar, Robert
- Date: 2011
- Subjects: Sustainable agriculture -- Research -- South Africa Agriculture -- South Africa -- Decision making Corn -- Research -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:785 , http://hdl.handle.net/10962/d1003906
- Description: The goal of the research paper was to understand the complex relationship between the issue of sustainability and maize farmers’ decision-making processes. The aim is to shed light on the realities experienced by maize farmers in terms of how sustainability impacts on the decisions they make and how the decisions they make impact on sustainability. The importance of the research lies in the current state of affairs in the world in terms of the current economic recession, overpopulation, dire poverty and hunger, and the poor state of the environment. If humankind is to continue its existence on Earth in a happy, healthy world, something is going to have to give. In order for this to happen, people need to start grappling with the concept of sustainability. Focusing on sustainability as a whole is likely to end in despair. However, breaking the problem down into its component pieces will allow people to influence the particular sector in which they operate. It is therefore imperative for research into sustainability to be undertaken in all sectors of society and the economy. Agriculture presents an excellent research area due to its intrinsic link with the environment, society and the economy. Agriculture and its wellbeing is inextricably tied to environmental health. Healthy plants and animals will not grow in unhealthy conditions. Society is to a large degree dependent on agriculture for food, agriculture therefore has a significant impact on social order and function. Agriculture is one of the primary contributors to GDP, particularly in poor and developing nations. As a result, agriculture has an important role to play in ensuring economic sustainability. In order to engage with sustainability from an agricultural perspective it was decided to engage on the farmer-level. Gaining an understanding of their reality in terms of what motivates their decisions is key to understanding the relationship between agriculture and sustainability. Three maize farmers in Mpumalanga, South Africa, were interviewed with the aim of collecting qualitative data and then analysing the data using thematic analysis. The methodology employed enabled the researcher to uncover patterns in the data that constituted themes across the interviews. The following themes emerged: Theme 1: Economic factors are the primary decision driver. This is primarily due to the extent of the financial risk experienced by farmers as a result of market risk, production risk, finance risk, and rising input costs. This results in economic considerations superseding environmental or social concerns in farmers’ decisions. This has a negative impact on the overall sustainability of the farming operation. Theme 2: There has been a decrease in the number of family-run farms. This is attributable to a number of factors including economic failure, fear of loss of land due to land-reform policies, as well as crime. Family-run farms tend to have a greater focus on sustainability due to the vested interest in the next generation taking over the farm. The corporate farming operations that are taking over the farms tend to be more focussed on short-term gains in order to satisfy shareholders. Theme 3: Mechanisation is preferable to manual labour. There has been an alarming decrease in the number of labourers employed on farms. Farmers say this is due to two factors. Firstly, machines are more efficient than labour. Secondly, restrictive labour laws have made famers less keen to employ people. The net effect of these two factors is that unemployment is rising. This has negative consequences for society, the economy, and the environment. Theme 4: Farmers believe they do very little environmental damage. This results in decisions being made that do not consider environmental wellbeing other than soil health. This is because farmers see healthy soil as an integral input that optimises economic performance. Farmers tend to prioritise economic factors in their decisions more than environmental or social factors. This results in an unsustainable perspective. The only ways in which this is likely to change is if the financial risk associated with agriculture is decreased, or if farmers are given financial incentive to change their ways. In order to deal with this issue it is necessary for further research to be conducted. Research needs to be conducted to confirm the results of this study. It is important to know whether the results pertain only to maize farmers in Mpumalanga or whether most farmers in South Africa, and indeed the world, face similar problems. Research should also be conducted to propose policies or procedures to reduce financial risk in agriculture. Research should focus on reducing market risk and reducing input costs, possibly via subsidisation.
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