Thesis (M.M. (Entrepreneurship and New Venture Creation))--University of the Witwatersrand, Faculty of Commerce, Law and Management, Wits Business School, 2017. / This explorative study examines the decision making criteria at the screening stage by venture capital firms in South Africa. The study also probes into the decision making criteria on the personality side and whether that has any association with the “big five” characteristics. A threesection questionnaire including both Likert style type (decision making and short version of big five) and nominal questions was sent to venture capital firms. Logistic regression as well as correlation analysis was run on the data. The findings were that individual attributes (entrepreneurs’ characteristics and experience) environment, industry and macro economic environment (characteristics of product and services, characteristics of the market and financial considerations) are all positively related to venture capital firms’ decision to grant finance to an entrepreneur. Findings on the big five characteristics are that only openness to experience, consientiousness and extrarversion were seen as critical considerations by venture capital firms, but not agreeableness and emotional stability characteristics. The study findings are beneficial for entrepreneurs and venture capital firms. / MT2017

A research report submitted to the Faculty of Commerce, Law and Management, University of the Witwatersrand, in partial fulfilment of the requirements for the degree Master of Management in Entrepreneurship and New Venture Creation Johannesburg, 2017 / This research report is based on the motivations for ecological responsiveness as identified by Bansal and Roth (2000). It considers the resultant actions of different motivations for ecological responsiveness (ER), and their ability to moderate the relationship between ER and Intrapreneurship in South Africa. The study adopted a deductive positivist paradigm that assumed an ecocentric approach to management and organisational research. A quantitative, cross-sectional research design was employed and the use of both primary data collection from surveys and secondary data collection from websites and annual reports were utilised in order to determine the existence of relationships between the variables of ecological responsiveness and intrapreneurship, and the moderating variables of legitimation, competitiveness and ecological responsibility. Multiple regression analysis was used to statistically test the relationship between the independent variable of ecological responsiveness and the dependent variable of intrapreneurship, as well as the moderating effect of the variables listed above. The population of this study was employees with management/supervisory positions within financial institutions of South Africa. It was required that these organisations were listed and had accessible or publically available annual reports in order for content analysis to be conducted. The final sample consisted of 210 management level employees who were in the majority employed at 3 different large, listed, South African banks. This study found support for hypothesized relationships between ecological responsiveness and intrapreneurship, as well as the positive moderating effect of the motive of ecological responsibility on this relationship. Results pertaining to the moderating effect of legitimation and competitive motives were not supported. In addition, the study found support for the proposed relationship between an organisations ecological qualitative content analysis (QCA) score and the level of ecological responsibility perception in the organisation. The general findings contribute to research in the field of motivations for environmental corporate social responsibility (ECSR) and the resulting actions. / MT2017

Submitted in partial fulfilment of the requirements for the Degree of Master of Technology: Entrepreneurship, Durban Institute of Technology, 2011. / This study focused on a feasibility analysis of establishing entrepreneurs in the Bangladesh area of Chatsworth. Ute purpose of the research was to investigate strategies that would enable the development and promotion of entrepreneurship in the area, The researcher has noted from experience, living in an area contiguous to Bangladesh, that there is a serious shortcoming with regard to-entrepreneurial skills among people in depressed communities. The researcher needed to consider strategies of empowering them to earn a decent living. This research project looked at the Bangladesh area, which is indeed a very poor region in Chatsworth. Moreover, -the statement of purpose was to examine theoretical constructs related to entrepreneurship which would enable and empower depressed communities to become economically self-sufficient. In addition, the key objective of the study was to undertake an empirical investigation in the area of Bangladesh to determine the needs of the community with respect to development of entrepreneurship and to make recommendations for the economic upliftment of the community. The findings suggest that the people in the Bangladesh area want to embrace entrepreneurship. However, their main concerns are accessto finance, education and training. The existing small businesses in the area need financial assistance to grow and the people who want to start businesses need to have access to affordable finance. The present Government policy is to encourage the development of entrepreneurship both at community level and in educational provision. / M

A research report submitted to the Faculty of Commerce, Law and Management, University of the Witwatersrand, in partial fulfilment of the requirements for the degree of Master of Management specialising in Entrepreneurship and New Venture Creation, Johannesburg 2016 / Social entrepreneurship has the potential to address and solve social problems and challenges, poverty and inequality among others, which are rife across subSaharan Africa. This academic field holds great potential, is surprisingly under researched and lagging behind in practise. A study of the influence of perceptions within the institutional environment on the decision to become a social entrepreneur is therefore critical in developing an understanding of social entrepreneurial intentions in the context of a developing and emerging economy. This study proposed to use the theory of entrepreneurial event and the institutional theory to investigate the influence of the external environment on the development of social entrepreneurial intentions and its antecedents among tertiary level students in Gauteng, South Africa. This study was quantitative and cross sectional in nature; a structured and closed-ended questionnaire was distributed electronically to the target population. 193 students participated in this study, with the final sample consisting of 128 responses. In order to analyse the data, linear multiple regression was employed. The key findings indicated that the regulatory environment has a positive and significant influence on perceived feasibility and social entrepreneurial intentions. Moreover, the findings indicated that the normative and cognitive environment have a positive but insignificant relationship with social entrepreneurship intention and its antecedents – perceived feasibility and perceived desirability. There is a negative relationship between the regulatory environment and perceived desirability, normative environment and social entrepreneurship intention, cognitive environment, perceived desirability and social entrepreneurship intention. The implications of this research for policy makers and educators is to focus on shaping the perceptions of the institutional environment as well social entrepreneurship, and the attitudes of students and society at large towards positive perceptions to influence social entrepreneurial intentions. / GR2018

A dissertation submitted in fulfilment of the requirements for the degree of Master of Commerce by Research in the field of Management to the Faculty of Commerce, Law and Management, University of the Witwatersrand, Johannesburg, June 2017 / The field of social entrepreneurship is gaining prominence in academic research through its ability to drive innovation and solve complex societal problems. There is a growing interest in this field due to the inherent appeal of entrepreneurship as well as the need to address social inequalities. However, despite the growing interest in social entrepreneurship, there is limited academic research in the subject – especially with regards to the nexus between institutional influence and scale of social enterprise. The majority of social entrepreneurial endeavours in South Africa are found in the food industry. Despite the magnitude of the role that social entrepreneurs play in this industry, research remains limited. Definitional debates with a bias towards conceptual research over empirical research dominates current study on social entrepreneurship – resulting in a lack of consensus among researchers on what social entrepreneurship means. In addition to the above, social entrepreneurship literature has devoted insufficient empirical and theoretical work to the study of scaling of social impact. The majority of the theoretical work has been geared towards the development of practitioner frameworks. The empirical research in the field has also been limited, specifically with regards to understanding the drivers of successful scaling of social entrepreneurial organisations. The majority of these empirical studies have utilised comparative case study approaches. Using institutional theory as a lens, this research aimed to develop a conceptual framework that can be utilised by social entrepreneurs, as well as relevant stakeholders in order to promote the scale of individual social enterprises, particularly in the South African food industry, by developing a “roadmap” to scaling. In addition to the above, the focus was on food security in the South African food industry. It is intended that the conceptual framework can indirectly address the broader societal issues surrounding food security. The above was achieved through a qualitative study. Perceptions of institutional influence on scale as well as start-ups, and drivers of scale were identified through conducting a literature review. A conceptual framework was then established from these constructs. The next step involved conducting semi-structured interviews with 14 social entrepreneurs in the food industry to validate the constructs, and identify the relationships between the constructs. The data was then analysed using the Interpretative Phenomenological approach. The result of the qualitative research is a conceptual research framework, with certain hypotheses. The empirical study identified social innovation as well as the implementation of impactful governmental policies as the most critical institutional influencers of scale. In addition, using SCALERS model as a reference, the empirical study identified lobbying, alliance building, and staffing as drivers to scale. It is noted that that lobbying and alliance building can be linked to government policies as it relates to the collaboration of social enterprises in order to influence policymakers, in addition, staffing relates to the use of volunteers to bring new innovative solutions to the business – these drivers of scale (based on SCALERS model) reinforce the identified institutional influences as critical to scale. If all of the above are present, with all things being equal, then social ventures are more likely to scale – resulting in economic growth and in addition, social issues such as food security will be addressed. From a social entrepreneurship perspective, this study made a substantial contribution in shifting the social entrepreneurship research focus from conceptual, definition biased research towards empirical research that strengthened theoretical research on social entrepreneurship. / XL2018

A research report submitted to the Faculty of Commerce, Law and Management, University of the Witwatersrand, in fulfilment of the requirements for the degree Doctor of Philosophy Johannesburg, 2015 / Improved understanding of the entrepreneurial behaviours and motivations of employees would allow senior management of corporate entities a better understanding of their employees’ opportunity recognition processes, thereby guiding the provision of appropriate assistance and support of these processes in order to boost entrepreneurial activity. This research aimed to further academic understanding of the corporate entrepreneurial process and opportunity identification by employees within existing corporate entities. It investigated the influence of employee perceptions of their company’s corporate entrepreneurial building blocks, entrepreneurial alertness and meta-cognitive processing, on the extent and quality of opportunity recognition. The study focused on employees in the South African financial services sector. It proposed a model of corporate entrepreneurial activity and the individual, which attempted to combine current models of corporate entrepreneurial activity with current thinking around the individual’s entrepreneurial decision-making within the entrepreneurial process. The conceptual model aimed to add to the body of knowledge in terms of the entrepreneurial employee aspiring to fill the knowledge gap in terms of how they think and act within the corporate environment. It applied current theory, around the entrepreneurial individual, to the entrepreneurial employee. The employee’s perceptions of their company’s entrepreneurial building blocks was analysed, as were their perceptions of entrepreneurial alertness and meta-cognitive processing in stimulating corporate entrepreneurial activity within the company. A sample of 784 employees from 102 employers in the South African financial sector was examined. The conceptual model was analysed using hierarchical regression and structured equation modelling. A number of moderating influences on the model were examined using regression analyses. The integrative model showed that the entrepreneurial behaviour required of employees is primarily focused around entrepreneurial alertness and meta-cognitive processing. The central nature of entrepreneurial alertness, as portrayed in the mediation model, showed that employee entrepreneurial activity could only occur through entrepreneurial alertness. The entrepreneurially alert employee is able to make connections and identify opportunities that an employee who is not entrepreneurially alert is unable to do. It is only once the entrepreneurially alert employee has identified potential entrepreneurial ideas (by connecting the dots in terms of the business information gathered), that the meta-cognitive processing abilities of the employee are able to turn this potential entrepreneurial idea into a viable entrepreneurial opportunity. Entrepreneurial alertness can therefore be seen as the first step in the employee entrepreneurial process, after the establishment of the entrepreneurial building blocks set in place by the company. The mediation model showed the importance of employee perceptions of their company’s entrepreneurial building blocks. It is therefore not only important that the company put these entrepreneurial building blocks in place, as the precursor to employee entrepreneurial activity, but also that these entrepreneurial building blocks be adequately communicated to employees. Employee perceptions of these building blocks, not their physical existence, allow for the appropriate employee entrepreneurial behaviour necessary to produce the appropriate levels of entrepreneurial activity for their company. This mediation model was shown to have a number of moderating influences at both the individual and the company level. / MB2016

A research report submitted to the Faculty of Management, University of the Witwatersrand, in 50 per cent fulfilment of the requirements for the degree of Master of Management (in the field of Public and Development Management). February, 2016 / This study focused on understanding the drivers of entrepreneurship amongst Somali migrants in South Africa. An administered survey questionnaire and in-depth case studies are used to explore the manner in which Somalia migrants, who arrive in South Africa, as refugees, establish enterprises and thrive in the business environment despite their uncertain status and limited access to investment capital or other supportive initiatives. Drawing on the wider available literature a broad conceptual framework was used to guide and shape the areas of detailed exploration. These broadly include, a) the socio cultural explanations, b) the push and pull factors that encourage entrepreneurial activities, and c) the environmental factors (economic and legal) that facilitate entrepreneurship amongst migrants. At an overall level, there are no ‘secret’ transferable ingredients for such entrepreneurship. The study reveals that it is a combination of historic factors and elements of ‘social capital’ that shape and motivate entrepreneurship activities amongst these migrants. The lessons derived can and are being be used to inform policy interventions to shape entrepreneurship in the wider society. However, there has to be appreciation of the unique circumstances and historic incentive opportunities that drive particular practices. In so doing, the study concluded on the need for further research in this terrain and the importance of building a deeper understanding on verifiable and substantive quantitative and qualitative data. Keywords: Migrant Entrepreneurship, Social Capital, Small Enterprises, Somali Refugees, South Africa / MT2016

A research report submitted to the Faculty of Commerce, Law and Management, University of the Witwatersrand, in partial fulfilment of the requirements for the degree of Master of Management specialising in Entrepreneurship and New Venture Creation Johannesburg, 2016 / Social entrepreneurship is considered to be a practical way of solving global social challenges. Social entrepreneurs are considered to be change agents with a purpose of making a difference to those in need. Therefore, developing social entrepreneurship and potential social entrepreneurs should be encouraged and celebrated. This study aims to identify potential entrepreneurs in South Africa, by examining the intentions of students at universities in South Africa with regard to establishing a social venture. Empirical evidence suggests that motivational factors influencing behaviour can be summarised as intentions. Ajzen’s Theory of Planned Behaviour (1991) suggests that intentions are a prerequisite for entrepreneurial behaviour. This study presents an integrated model drawing on existing social intention-based models by Mair and Noboa (2003) and Ayob et al. (2013). The study seeks to establish the significance of relationships between antecedents (empathy, exposure and selfefficacy) and perceived feasibility and desirability and their influence on social entrepreneurial intentions. In order to analyse the hypothesised relationships in the proposed model, Structural Equation Modelling was conducted, based on 171 respondents. The findings of the study indicate that only empathy and exposure as antecedents to perceived feasibility had positive and significant relationships. The relationships between the antecedents of empathy, exposure and self-perceived desirability were insignificant. Surprisingly, the relationship between self-efficacy and perceived feasibility in this study was non-significant. Social entrepreneurship has the potential to solve the challenging social problems currently facing South Africa. Because of this, a study to determine the elements that motivate Social Entrepreneurship Intentions is invaluable. The study should provide some guidance in promoting and encouraging entrepreneurship through various interventions (Malebana, 2014). / MT2016

A research report submitted to the Faculty of Commerce, Law and Management, University of the Witwatersrand, in partial fulfilment of the requirements for the degree of Master of Management, specialising in Entrepreneurship and New Venture Creation Johannesburg, 2016 / The prominence of international entrepreneurship in the global economy is of great importance and interest to researchers, entrepreneurs and governments alike. International business and accelerated internationalisation focus on multinational companies as well as entrepreneurial ventures for growth and innovative collaborations across borders in the global environment. The dominant logic for any corporate organisation today is to ensure that it facilitates and fosters an ecosystem that is conducive to innovation. The concept of generating opportunity through creativity and exploiting it with innovation, has proved to be extremely difficult, yet valuable. Innovation and control systems balance each other to ensure a pro-entrepreneurial organisational climate. Corporate entrepreneurship (CE) has received substantial attention in entrepreneurship research, which expands and develops a cumulative body of knowledge. The CE strategy is conceptualised by identifying key principles and components. This research is formulated to investigate the pro-entrepreneurial organisational architecture, as well as the entrepreneurial process and behaviour that individually and collectively encourage entrepreneurial orientation (EO). The relationships between the identified variables and moderators in a bank in the financial sector of South Africa are measured. Stevenson’s (1983) dimensions of entrepreneurial management, defined as a set of opportunity-based constructs, was measured by the EM measurement scale. Entrepreneurial orientation (EO) was assessed with the Miller/Covin- Slevin scale and linked to the entrepreneurial or innovative process of the company. Analysis of 178 samples (n=2229) indicated positive relationships between the variables, confirming theories in literature on the effects or predictions of the elements in the CE strategy on each other. The effect of success or failure in implementation indicated no moderating effect. Recommendations to address in future research are suggested. / MT2017

Thesis (MBA.) -- University of Limpopo, 2018 / Entrepreneurship has become an important issue both locally and internationally in recent years due to its contribution to job creation and economic development. The decision to be entrepreneurial is determined by certain factors, as well as individual traits, and it is a planned behaviour that is not engaged in accidentally. Thus, underlying factors that enhance students’ intention towards entrepreneurship as a career option are vital. However, it is not known if the students have the knowledge of the various support measures available to assist them in starting their own businesses and to support existing ventures. This study wanted to find out if students studying entrepreneurship have any intention of starting their own business ventures and whether they have any knowledge of the support programmes at their disposal. Students studying entrepreneurship as one of their modules at the National Certificate Vocational (NCV) level at Capricorn College for TVET constituted the targeted population for the study. Self-administered questionnaires were given to a total of 170 participants and all of them responded. The results mainly indicated that the students do have the intention of starting their own businesses after completion of their course and that their knowledge of the different entrepreneurship support incentives is not adequate. The study recommends that a more concerted effort be made to make students more aware of engaging in entrepreneurial ventures as a career option and making them aware of the support options that are available to them should they need to start their own businesses. In addition, these support initiatives should publicise their services more, especially to the rural communities.