A research report submitted to the Faculty of Commerce, Law and
Management, University of the Witwatersrand Business School, in partial
fulfilment of the requirements for the degree of Master of Management in
Entrepreneurship and New Venture Creation
28th July 2015 / In South Africa today there are many rural economies in decline. Despite the
recognition internationally, since the 2nd World War internationally and since
1994 in South Africa specifically, of the value that can be added by specifically
targeting Local Economic Development and Entrepreneurship as strategies for
an answer to the decline in local economies, success has been limited. More
success has in fact been seen in rural communities that have developed
through the natural flows of the market than from direct intervention. This
progression takes a long time though and the South African situation with all its
history cannot wait this long for development. The question asked is why
interventions fail, what are the basic factors that make up the local economic
development paradigm and how are they affecting the interventions. Information
is key to planning and planning is key to successful interventions. A literature
review is done in order to establish the basis of LED historically, theoretically
and specifically with regards to the South African rural environment, in order to
assist in the development of the information required for successful planning of
LED interventions. With the most prominent factors derived from this literature
review tabled and applied into established Case Study models, a questionnaire
is developed for application into rural economies through Community
Entrepreneurship programmes or LED vehicles. In order to establish firstly the
relevance of the factors and secondly the relevance of the questionnaire, it is
reviewed, scored and commented on by a select group of industry practitioners
in LED. The opinion of these individuals further validates the use of the factors
and questionnaire in baseline LED intervention planning.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:wits/oai:wiredspace.wits.ac.za:10539/20931 |
| Date | 25 August 2016 |
| Creators | Stockil, Andrew Donovan |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | application/pdf, application/pdf, application/pdf |
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