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The extent of entrepreneurship, business knowledge and skills within micro and small businesses on the mid-South Coast of KZN

Submitted in partial fulfilment of the requirements for the degree of Masters in
Business Administration (MBA), Business Studies Unit, University of Technology in the Faculty of Commerce, 2007 / Entrepreneurship, business knowledge and skills within micro and small businesses play an important part in the economies of countries across the globe by being the drivers of economic growth, as well as, creating employment. The role of micro and small businesses is matching that of big business and in some countries contributes up to ninety per cent of revenue. The difficulties from supply and demand perspectives are receiving increasing attention from government and academic institutions and researchers, and the purpose of this study is to establish to what degree the presence of entrepreneurship is present in the region concerned, as well as, investigating the extent of knowledge and skills within the sample of micro and small business owners. The study uses descriptive statistics drawn from a questionnaire survey, to achieve its purpose. One hundred and seventy micro and small businesses were drawn using a stratified random sampling method. Businesses surveyed were grouped into the following categories: services, manufacturing, hardware, clothing and food. Entrepreneurial traits were found present in the micro and small business owners, however certain behavioural aspects argued against this presence. In terms of knowledge and
skills, the extent was found to be limited in terms of both academic qualifications,
and business acumen. Growth rates of the businesses in the survey seem to be low
and the presence of real entrepreneurship would need further investigation.

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:dut/oai:localhost:10321/417
Date January 2007
CreatorsGraaf, René
ContributorsRaap, Peter John
Source SetsSouth African National ETD Portal
LanguageEnglish
Detected LanguageEnglish
TypeThesis
Format124 p

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