Thesis (M.M. (Entrepreneurship and New Venture Creation))--University of the Witwatersrand, Faculty of Commerce, Law and Management, Graduate School of Business Administration, 2013. / Purpose
Volatility in the external environment increases the level of risk for organisations.
Therefore organizations have to adapt to the environment by being entrepreneurial
through adoption of entrepreneurship strategies. It is therefore the purpose of this study
to determine the perceived value of entrepreneurial orientation and the type of corporate
entrepreneurship strategies that are used in the mining industry when firms operate in
volatile environments.
Data collection
For the purpose of this study online questionnaires were utilised. The questionnaires
were emailed to the participants through the CEO of the company, the CEO then
distributed via email to the targeted managers within the organisation. Response was
minimal with only sixteen responses by mid February. The questionnaire was then sent
to members of the Chamber of mines, to which there was no response. Questionnaires
were then printed out and handed to respondents physically in order for them to fill out.
In total 50 responses were obtained, of which three were incomplete.
Key findings
Key findings of the study are that junior mining firms are entrepreneurial and have a
positive perception towards entrepreneurial orientation. Because these firms are
entrepreneurial they differ from firms that are not entrepreneurially orientated by
manifesting characteristics such as innovation, risk taking and proactiveness.
Entrepreneurial orientation is used as a cushion against uncertainty in a volatile
environment. Furthermore, entrepreneurially oriented firms also engage and utilize
corporate entrepreneurship strategies such as corporate venturing and strategic
entrepreneurship.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:wits/oai:wiredspace.wits.ac.za:10539/12963 |
| Date | 02 August 2013 |
| Creators | Gcaza, Wezo Victor |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | application/pdf |
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