BARRIERS TO SMALL INFORMAL BUSINESS DEVELOPMENT AND ENTREPRENEURSHIP: THE CASE OF THE EMFULENI REGION
Natanya Meyer (),
Daniel Francois Meyer () and
Karabo Molefe ()
Additional contact information
Natanya Meyer: North-West University, School of Economic Sciences
Daniel Francois Meyer: North-West University, School of Economic Sciences
Karabo Molefe: North-West University, School of Economic Sciences
Polish Journal of Management Studies, 2016, vol. 13, issue 1, 121-133
The nature of being an entrepreneur encapsulates the essence of fully embracing opportunities and taking on new challenges and risks. Informal entrepreneurship is often taken for granted and hardly recognised as being a profession. This study aims at identifying the importance of entrepreneurship in the informal sector and the barriers that these entrepreneurs face on a daily basis in South Africa. As part of the methodology, both quantitative and qualitative approaches were used to analyse and interpret the data. Results from the study indicated that most of the informal entrepreneurs are necessity driven rather than opportunity driven and that some of the main barriers they face are crime, service delivery and lack of vacant land and premises. Possible solutions to these barriers include: providing areas for the entrepreneurs from which to operate and to make funding available for expansion and growth of their businesses.
Keywords: entrepreneurship; informal sector; barriers; Emfuleni Local Municipality; South Africa (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://pjms.zim.pcz.pl/PDF/PJMS131/Barriers%20to%2 ... mfuleni%20Region.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pcz:journl:v:13:y:2016:i:1:p:121-133
Access Statistics for this article
More articles in Polish Journal of Management Studies from Czestochowa Technical University, Department of Management Contact information at EDIRC.
Series data maintained by Paula Bajdor ().