Institutional obstacles to South African entrepreneurship
South African Journal of Business Management
| Field | Value | |
| Title | Institutional obstacles to South African entrepreneurship | |
| Creator | Ahwireng-Obeng, Fred Piaray, Desmond | |
| Description | Institutional risk factors exert a powerful negative influence on entrepreneurial investment decisions in South Africa. This conclusion emerges from a study of South African manufacturing and service sectors based on a previous one conducted on a world-wide scale by the World Bank in 1997. The South African study examines six institutional variables by sector-type and market-access and finds that entrepreneurs of young, small and non-exporting firms particularly perceive these institutional obstacles as a real problem most of the time. This observation compares closely with the World Bank's report on sub-Saharan Africa. There are several implications for the finding. Despite far-reaching institutional reforms much more will be required if South Africa's transition to a democratic polity and open, liberal economy is to yield the widely-expected post-apartheid dividends of rapid economic growth, high levels of employment and more equitable distribution of income and wealth. In the present circumstances, the country's prospective role as a growth-pole for Southern African regional development and the propelling force of an African renaissance is unlikely to materialise. | |
| Publisher | AOSIS | |
| Date | 1999-09-30 | |
| Identifier | 10.4102/sajbm.v30i3.758 | |
| Source | South African Journal of Business Management; Vol 30, No 3 (1999); 78-85 2078-5976 2078-5585 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajbm.org/index.php/sajbm/article/view/758/690
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