Entrepreneurs’ endogenous attributes necessary for small enterprise success in Vhembe rural areas, South Africa

Southern African Journal of Entrepreneurship and Small Business Management


 
 
Field Value
 
Title Entrepreneurs’ endogenous attributes necessary for small enterprise success in Vhembe rural areas, South Africa
 
Creator Iwara, Ishmael O. Kilonzo, Beata M. Zuwarimwe, Jethro Netshandama, Vhonani O.
 
Subject — endogenous attributes; enterprise failure; rural area; success factors; grassroots realities.
Description Background: Enterprises in South Africa, especially in rural areas, continue to fail, despite the continuous support from government. A key contributing factor is that most enterprises’ support is channelled to exogenous factors without recognising their endogenous predisposition as well.Aim: This article isolated entrepreneurs’ endogenous attributes which if complemented with exogenous support could spur enterprise success.Setting: This study focussed on addressing enterprise failure in rural areas of Vhembe; however, the findings can be applied in other areas in South Africa and beyond.Methods: A sample of 81 participants was drawn using the snowball sampling technique. The qualitative data gathered from this sample using a semi-structured questionnaire were then analysed through Atlas-ti v8 from which 49 items were isolated. This informed a quantitative component that entailed the development of a 5-point Likert scale for data collection in the second phase of the study, where, subsequently, 280 respondents were engaged. The Principal Component Analysis was used to reduce the data dimension of 49 items to five principal components which accounted for 68.794% of the total variance.Results: The five principal components isolated were bridging-networks (38.044), self-belief (15.802), risk-awareness (6.144), resilience (4.532) and non-conforming (4.271). Further analysis was performed on data collected from 83 participants who met the 50% performance threshold using the linear regression. Bridging-network is the most important endogenous success factor in the study area, followed by nonnon-conformist risk-awareness, resilience and self-belief.Conclusion: Results conform to grassroots realities, thus, a framework anchored on this was developed to support enterprises grassroots enterprises.
 
Publisher AOSIS Publishing
 
Contributor University of Venda publication committee and the National Research Foundation
Date 2021-05-20
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion — —
Format text/html application/epub+zip text/xml application/pdf
Identifier 10.4102/sajesbm.v13i1.331
 
Source The Southern African Journal of Entrepreneurship and Small Business Management; Vol 13, No 1 (2021); 12 pages 2071-3185 2522-7343
 
Language eng
 
Relation https://sajesbm.co.za/index.php/sajesbm/article/view/331/524 https://sajesbm.co.za/index.php/sajesbm/article/view/331/523 https://sajesbm.co.za/index.php/sajesbm/article/view/331/525 https://sajesbm.co.za/index.php/sajesbm/article/view/331/522
 
Coverage — — —
Rights Copyright (c) 2021 Ishmael O. Iwara, Beata M. Kilonzo, Jethro Zuwarimwe, Vhonani O. Netshandama https://creativecommons.org/licenses/by/4.0