A development training support model for entrepreneurs in South Africa
- Authors: Ward, Graham Bernard
- Date: 2017
- Subjects: Entrepreneurship -- South Africa , Entrepreneurship -- Training of -- South Africa new business enterprises -- South Africa
- Language: English
- Type: Thesis , Doctoral , DBA
- Identifier: http://hdl.handle.net/10948/13546 , vital:27221
- Description: Recent years have seen the decline of entrepreneurial activity in South Africa. This is especially concerning in that, officially, 27.7% of South Africans are unemployed. The unofficial unemployment figures are closer to 50%. The South African economy is battling to recover from the world economic crisis of 2009/10, putting pressure on government to alleviate growing unemployment and curtail social unrest. Furthermore, a South African economy which thrives on entrepreneurial activity will become more competitive from a global perspective. The purpose of this study is to contribute to the promotion and development of entrepreneurship in South Africa, in an effort to combat the problems listed above. In order to achieve this purpose, the objective was to develop and test a model which could be used in the development of entrepreneurs. The rationale is that, if the factors which affect entrepreneurship could be identified and tested, then recommendations could be made which could promote the development of entrepreneurs in South Africa. The approach was as follows: Perform a literature review which would cover both global and local (South African) approaches to developmental training for entrepreneurs; Develop a theoretical model comprising of identified factors which formed the base for the data collection; Develop a measuring instrument to test the relationships described in the theoretical model empirically; • Empirically test the proposed model and suggested hypotheses by means of sourcing data from entrepreneurs in South Africa and statistically analyse the sourced data; Formulate the final theoretical model to support the research objectives; and Propose recommendations based on the results of the statistical analysis. The focus of the literature study was on two main areas: trends in global developmental training, and South African initiatives to stimulate developmental training of entrepreneurs. The literature on global entrepreneurial development highlights two distinct categories for entrepreneurial development: 1) entrepreneurial education and 2) entrepreneurial training. The literature study concerning South African methodologies for developmental training for entrepreneurs, focused on current methods employed and highlighted areas on which improvements should be concentrated. From the literature study on both global and South African developmental training methods, ten independent variables (entrepreneurial culture; socio-emotional attributes; acquiring business skills; industry experience; opportunity identification; regulatory barriers; economic barriers; outside advice; formal training and informal training were identified as factors affecting entrepreneurial developmental training. All the variables were hypothesised as they were perceived to influence significantly the dependent variables: perceived global success as an entrepreneur and perceived individual success as an entrepreneur. These factors, clearly defined and operationalised, were structured in a questionnaire which was sent randomly to South African business owners. Data were collected from 332 respondents and subjected to various statistical analysis techniques. Firstly, Exploratory Factor Analysis (EFA) was conducted to assess the discriminant validity of the research instrument. Secondly, Cronbach’s alpha coefficients were calculated for each of the identified factors to confirm the reliability of the research instrument. The significance of the hypothesised relationships in the revised model were then tested by using the statistical technique known as Structural Equation Modelling (SEM) This study contributed to this specific field of knowledge.
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- Date Issued: 2017
An investigation on the role of Development Finance Institutions (DFI) in building small emerging enterprises for property development initiatives in South Africa
- Authors: Noholoza, Alex
- Date: 2014
- Subjects: Real estate development -- South Africa -- Finance , Entrepreneurship -- South Africa , Small business -- South Africa -- Finance
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:9714 , http://hdl.handle.net/10948/d1020646
- Description: Purpose of this treatise: The aim of this treatise is to identify the challenges facing emerging entrepreneurs in accessing funding for property development initiatives which results in high levels of declined loans thereby limiting participation in the property market as well as the interventions necessary to improve access to finance. Design / methodology / approach: The questionnaires were emailed to funding institutions and emerging property developers. The questionnaire investigates the respondents‟ perception of importance and evidence of questions on property development, finance and managerial skills drawn from the literature. Findings: The findings of this study are consistent with and support the findings of previous local and international literature on constraints that SME‟s have in accessing finance for various initiatives. The findings indicate that the emerging property developers in South Africa are characterised by insufficient number in representation in the property sector, high risk averse financial institutions that requires collateral to lend. The findings of the study indicate that broader and bolder initiatives aimed at improving the emerging property developer's representation in the market needs a holistic and collaborative approach from the various institutions to aide these entrepreneurs. Value of paper: The research is of importance to all stakeholders involved in the property sector, financial institutions and economic development of the SME sector. The results of the study will contribute to the understanding of the current financing limitations facing SMEs and will assist funding institutions to better understand the role and importance of effective collaboration in improving access to finance to emerging property developers.
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- Date Issued: 2014
Conceptual framework of African immigrant entrepreneurship in South Africa
- Authors: Ngota, Bernard Lama
- Date: 2024-04
- Subjects: Immigrant business enterprises -- South Africa , Entrepreneurship -- South Africa , Foreign workers -- South Africa
- Language: English
- Type: Doctorate theses , text
- Identifier: http://hdl.handle.net/10948/65298 , vital:74090
- Description: Most previous research on immigrant entrepreneurship has focused on investigating and describing immigrant entrepreneurship challenges, characteristics, and drivers of success. Immigrant entrepreneurship research that focuses on Africa, includes the challenges African immigrant entrepreneurs face, and their innate ability to start new ventures in their host countries compared to their native-born counterparts. However, literature on the conceptual framework explaining African immigrant entrepreneurship in South Africa is still nascent. This study assisted to develop a framework that will explain African immigrant entrepreneurship in South Africa. The purpose of this study was to develop a conceptual framework of African immigrant entrepreneurship in South Africa. The aim was achieved through a qualitative research approach that provided insights into African immigrant entrepreneurs and their perceptions thereof; the home country context, the entrepreneur, the resources, business opportunities, the immigrant entrepreneurial ecosystem, new business creation and operations, and the contributions to economic development to the South African economy were explored. Data was collected from a total of twenty-two participants using semi-structured interviews. The interviews were self-administered on a face-to-face contact by the researcher. Participants included African immigrant entrepreneurs; owner/managers and their employees comprised of twelve African immigrant entrepreneurs and ten employees. Data was collected using an interview guide and analysed by means of content and thematic analyses. A conceptual framework of African immigrant entrepreneurship in South Africa was created from the literature, and the collected data was then fitted to match the components of the model. The findings reveal how the different components of home country context, entrepreneur, resources, business opportunity, immigrant entrepreneurial ecosystem, new business creation and operations, were all interlinked to contribute to the economic development of South Africa. Furthermore, the findings revealed that African immigrant social ethnic groups provides support to their members such as “njangi”, loans, emotional support, protection, information, and helping them adjust to their new surroundings. These supports might promote African immigrant entrepreneurship and the creation of a new business in a host country like South Africa. Other findings complement how other employees benefit from African immigrant entrepreneurship in , Thesis (DPhil) -- Faculty of Business and Economic Sciences, School of Management Sciences, 2023 , Most previous research on immigrant entrepreneurship has focused on investigating and describing immigrant entrepreneurship challenges, characteristics, and drivers of success. Immigrant entrepreneurship research that focuses on Africa, includes the challenges African immigrant entrepreneurs face, and their innate ability to start new ventures in their host countries compared to their native-born counterparts. However, literature on the conceptual framework explaining African immigrant entrepreneurship in South Africa is still nascent. This study assisted to develop a framework that will explain African immigrant entrepreneurship in South Africa. The purpose of this study was to develop a conceptual framework of African immigrant entrepreneurship in South Africa. The aim was achieved through a qualitative research approach that provided insights into African immigrant entrepreneurs and their perceptions thereof; the home country context, the entrepreneur, the resources, business opportunities, the immigrant entrepreneurial ecosystem, new business creation and operations, and the contributions to economic development to the South African economy were explored. Data was collected from a total of twenty-two participants using semi-structured interviews. The interviews were self-administered on a face-to-face contact by the researcher. Participants included African immigrant entrepreneurs; owner/managers and their employees comprised of twelve African immigrant entrepreneurs and ten employees. Data was collected using an interview guide and analysed by means of content and thematic analyses. A conceptual framework of African immigrant entrepreneurship in South Africa was created from the literature, and the collected data was then fitted to match the components of the model. The findings reveal how the different components of home country context, entrepreneur, resources, business opportunity, immigrant entrepreneurial ecosystem, new business creation and operations, were all interlinked to contribute to the economic development of South Africa. Furthermore, the findings revealed that African immigrant social ethnic groups provides support to their members such as “njangi”, loans, emotional support, protection, information, and helping them adjust to their new surroundings. These supports might promote African immigrant entrepreneurship and the creation of a new business in a host country like South Africa. Other findings complement how other employees benefit from African immigrant entrepreneurship in South Africa. This was evidence in the entrepreneurs’ responsibilities, improved employees’ skills development, improved employee economic status and improved employee-employer relationships. The proposed framework serves as a valuable resource for scholars and practitioners, especially those involved with the making of legislations in the country. The study recommends that broad-based integrated public policy interventions and strategies be developed and implemented to have a positive impact on the country's economic success in terms of job creation, skills transfer, poverty reduction, and economic growth to achieve the socio-economic well-being of the people.
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- Date Issued: 2024-04