Record Details

Factors responsible for the growth of small business

South African Journal of Economic and Management Sciences


 
 
Field Value
 
Title Factors responsible for the growth of small business
 
Creator Döckel, JA Ligthelm, AA
 
Description Entrepreneurial conduct holds the key to economic growth. Thus those business that show growth and development are considered entrepreneurial, implying that SMME policy initiatives should focus on businesses with growth potential, and not the small business sector as a whole.  The success of a small business seems to depend on the intentions of the owner, together with factors associated with the ability of, and opportunity for, the specific business to grow.  The aim of this article is to make use of a multiple linear regression model to determine the variables that impact positively on business growth.  In addition to demand factors, it was established that smaller and younger businesses are the ones that grow faster. A successful business also shows a positive correlation between business management skills and entrepreneurial conduct.
 
Publisher AOSIS Publishing
 
Contributor
Date 2015-01-12
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article
Format application/pdf
Identifier 10.4102/sajems.v8i1.1283
 
Source South African Journal of Economic and Management Sciences; Vol 8, No 1 (2005); 54-62 2222-3436 1015-8812
 
Language eng
 
Relation http://sajems.org/index.php/sajems/article/view/1283/476