The effect of entrepreneurial competencies on the performance of small micro and medium enterprises in or Tambo District, Eastern Cape
- Authors: Senzeni, Phumlani
- Date: 2023-12
- Subjects: New business enterprises -- South Africa -- Eastern Cape , Small business -- South Africa -- Eastern Cape , Performance -- Management
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/28960 , vital:75577
- Description: The Small Micro and Medium Enterprises (SMMEs) remain the key competitor in the development of the economy growth of the country. The SMME sector is the key driver to the national economy of countries, as it creates job opportunities, reduce poverty, supports household income, and improve the people’s standard of living. However, the rate at which SMMEs fail to succeed results in non-performance and business closure, and this is alarming and require attention. The reasons for this failure can emanate from a number of reasons, such as lack of entrepreneurial competencies, managerial skills, lack of intellectual personnel, low entrepreneurial culture and obstacles that hinder access to resources and market. Therefore, in this study the researcher examined the effect of entrepreneurial competencies on the performance of SMMEs in OR Tambo District, Eastern Cape. The researcher adopted quantitative research approach. The research data was collected using Google Forms survey method. The emails containing the link to access the instrument were sent to a sample of 399 SMMEs in the OR Tambo District. The response rate of 74%, which is 294 was attained. Thus, the findings of the study discovered that entrepreneurial competencies have significant effect on the performance of SMMEs. The study further found that entrepreneurial competencies “opportunity recognition, creative-problem solving, resource leveraging, and business networking” had a low degree of association with business performance although they are statistically significant to business performance. The self-efficacy was found with a high degree of association with business performance and statistically significant with the achievement of positive beta and low p-value which indicated a strong association to performance. The study made conclusions that entrepreneurial competencies have positive effect on the performance of SMMEs. Therefore, it was concluded that performing and successful SMMEs in the regions means employment opportunities in the country because they require human resources to do operational services and render services. The government and policymakers are encouraged to work together to form and strengthen development programs to assist SMMEs to grow the production capacity, operations and become productive. The SMMEs owners/managers and practitioners on skills development are encouraged to relook and strengthen entrepreneurial competencies that contribute to productivity and performance. , Thesis (DBA) -- Faculty of Management and Commerce, 2023
- Full Text:
- Date Issued: 2023-12
- Authors: Senzeni, Phumlani
- Date: 2023-12
- Subjects: New business enterprises -- South Africa -- Eastern Cape , Small business -- South Africa -- Eastern Cape , Performance -- Management
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/28960 , vital:75577
- Description: The Small Micro and Medium Enterprises (SMMEs) remain the key competitor in the development of the economy growth of the country. The SMME sector is the key driver to the national economy of countries, as it creates job opportunities, reduce poverty, supports household income, and improve the people’s standard of living. However, the rate at which SMMEs fail to succeed results in non-performance and business closure, and this is alarming and require attention. The reasons for this failure can emanate from a number of reasons, such as lack of entrepreneurial competencies, managerial skills, lack of intellectual personnel, low entrepreneurial culture and obstacles that hinder access to resources and market. Therefore, in this study the researcher examined the effect of entrepreneurial competencies on the performance of SMMEs in OR Tambo District, Eastern Cape. The researcher adopted quantitative research approach. The research data was collected using Google Forms survey method. The emails containing the link to access the instrument were sent to a sample of 399 SMMEs in the OR Tambo District. The response rate of 74%, which is 294 was attained. Thus, the findings of the study discovered that entrepreneurial competencies have significant effect on the performance of SMMEs. The study further found that entrepreneurial competencies “opportunity recognition, creative-problem solving, resource leveraging, and business networking” had a low degree of association with business performance although they are statistically significant to business performance. The self-efficacy was found with a high degree of association with business performance and statistically significant with the achievement of positive beta and low p-value which indicated a strong association to performance. The study made conclusions that entrepreneurial competencies have positive effect on the performance of SMMEs. Therefore, it was concluded that performing and successful SMMEs in the regions means employment opportunities in the country because they require human resources to do operational services and render services. The government and policymakers are encouraged to work together to form and strengthen development programs to assist SMMEs to grow the production capacity, operations and become productive. The SMMEs owners/managers and practitioners on skills development are encouraged to relook and strengthen entrepreneurial competencies that contribute to productivity and performance. , Thesis (DBA) -- Faculty of Management and Commerce, 2023
- Full Text:
- Date Issued: 2023-12
Assesssing small business training programme effectiveness in an incubator setting and beyond
- Authors: Booth-Jones, Laurene
- Date: 2012
- Subjects: Business incubators -- South Africa , Small businesses -- South Africa -- Management , Employees -- Training of , New business enterprises -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:9298 , http://hdl.handle.net/10948/d1014074
- Description: The focus on entrepreneurs as drivers of the economies of nations has catapulted them into the forefront of the local and international marketplace. This has led to a demand for entrepreneurial education and training resulting in a plethora of different and often divergent views. One commonality that has emerged is that entrepreneurship can be taught; although it cannot be taught in conventional and traditional ways. It requires a move from traditional education and training to more enterprising participative and supportive forms of business development. It requires investments of time, resources and support. Incubators are facilities that are engaged with entrepreneurs and offer a variety of support including education and training. This study has assessed the effectiveness of training offered by the Seda Nelson Mandela Bay ICT incubator. There has been limited research undertaken on entrepreneurial education and training in an incubator setting. This study followed the qualitative paradigm. The sample comprised of 10 small businesses at the Seda Nelson Mandela Bay ICT incubator. Empirical data was obtained by interviewing the owners of the small businesses using an interview schedule. Issues such as the most effective training programme, content that it contained, methodology used and quality of the facilitator and applicability of the training programme were explored. The study found that the small businesses were opportunity driven rather than necessity driven and that the incubator served as a bridging facility in moving the businesses from the informal sector to the formal sector. The content of the training programmes was found to be effective when a mix of both theoretical and practical is offered especially with an emphasis on the underlying entrepreneurial themes of confidence, persistence and uncertainty and so on. It also found that training programmes should be linked to the life cycle of the business and address the specific needs of the small business owner. The start-up phase requires very specific training. Most of the facilitators were found to be experienced and empathetic. However, only a few were using a wider range of preferred learning styles favoured by entrepreneurs such as role playing, simulation, brainstorming and problem-solving techniques. The study also found that when generic training programmes are offered there was less recall on the part of the trainees. The management team of the incubator is an important determinant of the success of the incubatees and it is recommended that they need to be well versed in their sector and have good networking skills. There is a strong link between the theoretical and the practical content of training programmes especially where the emphasis is more on the practical content. It is recommended that facilitators pay attention to their relationship with trainees as it is a critical success factor in the training programme. Training programmes offered over a period of time add more value to the incubatee. This might be because of the mentoring and counselling that is available after each training module is completed. Finally, more research needs to be undertaken on the quality and effectiveness of training programmes offered by incubators to small businesses.
- Full Text:
- Date Issued: 2012
- Authors: Booth-Jones, Laurene
- Date: 2012
- Subjects: Business incubators -- South Africa , Small businesses -- South Africa -- Management , Employees -- Training of , New business enterprises -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: vital:9298 , http://hdl.handle.net/10948/d1014074
- Description: The focus on entrepreneurs as drivers of the economies of nations has catapulted them into the forefront of the local and international marketplace. This has led to a demand for entrepreneurial education and training resulting in a plethora of different and often divergent views. One commonality that has emerged is that entrepreneurship can be taught; although it cannot be taught in conventional and traditional ways. It requires a move from traditional education and training to more enterprising participative and supportive forms of business development. It requires investments of time, resources and support. Incubators are facilities that are engaged with entrepreneurs and offer a variety of support including education and training. This study has assessed the effectiveness of training offered by the Seda Nelson Mandela Bay ICT incubator. There has been limited research undertaken on entrepreneurial education and training in an incubator setting. This study followed the qualitative paradigm. The sample comprised of 10 small businesses at the Seda Nelson Mandela Bay ICT incubator. Empirical data was obtained by interviewing the owners of the small businesses using an interview schedule. Issues such as the most effective training programme, content that it contained, methodology used and quality of the facilitator and applicability of the training programme were explored. The study found that the small businesses were opportunity driven rather than necessity driven and that the incubator served as a bridging facility in moving the businesses from the informal sector to the formal sector. The content of the training programmes was found to be effective when a mix of both theoretical and practical is offered especially with an emphasis on the underlying entrepreneurial themes of confidence, persistence and uncertainty and so on. It also found that training programmes should be linked to the life cycle of the business and address the specific needs of the small business owner. The start-up phase requires very specific training. Most of the facilitators were found to be experienced and empathetic. However, only a few were using a wider range of preferred learning styles favoured by entrepreneurs such as role playing, simulation, brainstorming and problem-solving techniques. The study also found that when generic training programmes are offered there was less recall on the part of the trainees. The management team of the incubator is an important determinant of the success of the incubatees and it is recommended that they need to be well versed in their sector and have good networking skills. There is a strong link between the theoretical and the practical content of training programmes especially where the emphasis is more on the practical content. It is recommended that facilitators pay attention to their relationship with trainees as it is a critical success factor in the training programme. Training programmes offered over a period of time add more value to the incubatee. This might be because of the mentoring and counselling that is available after each training module is completed. Finally, more research needs to be undertaken on the quality and effectiveness of training programmes offered by incubators to small businesses.
- Full Text:
- Date Issued: 2012
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