AN INVESTIGATION INTO THE FACTORS AFFECTING YOUNG PEOPLE’S ENTREPRENEURIAL INCLINATION: THE CASE OF SELECTED AREAS IN SOUTH AFRICA

Jacques De JONGH; Natanya MEYER

Article Details

AN INVESTIGATION INTO THE FACTORS AFFECTING YOUNG PEOPLE’S ENTREPRENEURIAL INCLINATION: THE CASE OF SELECTED AREAS IN SOUTH AFRICA

Authors:

Jacques De JONGH | Natanya MEYER

Publisher:

Sosyal Bilimler Araştırmaları Derneği

Journal:

International Journal of Business and Management Studies 2017 Vol.9 Issue 2, pp.69-86

Document Type:

Article

Publication Date:

5/2017

Document Language:

Turkish

Document ID (Org No.):

2000808917

Frequency:

Bi-Annual

eISSN:

1309-8047

Abstract:

 

Entrepreneurship has been pointed out as a key driver of economic growth and
   development by academia, policymakers, and government institutions alike.
   Globally, youth unemployment figures are alarmingly high and entrepreneurship,
   especially among the youth, plays an important role in generating employment
   among this cohort. The purpose of this study was to determine the factors affecting
   the entrepreneurial inclination of employed and unemployed young people between
   the ages of 18 and 35 years. Measurement on the factors made use of a tested and
   validated entrepreneurial intention scale. Primary data were collected through the
   use of questionnaires. The sample was almost evenly split between employed
   (n=176) and unemployed (n=163) participants. Data were analysed through the use
   of a principal component analysis (PCA), descriptive statistics and chi-square tests.
   The findings of the study revealed that participants perceived the lack of the
   necessary entrepreneurial skills, difficulties in acquiring the necessary funding as
   well as insufficient support towards starting a business as the most important
   aspects deterring their entrepreneurial inclination. Chi-square tests further
   showcased significant differences in the perceptions of the employed and
   unemployed participants regarding the lack of market opportunities and the
   associated risk in starting a business. The results as presented in the study provide
   valuable insights to the areas of concern as well as recommendations towards
   reducing the obstacles for the youths’ entrepreneurial involvement.

Article Details

AN INVESTIGATION INTO THE FACTORS AFFECTING YOUNG PEOPLE’S ENTREPRENEURIAL INCLINATION: THE CASE OF SELECTED AREAS IN SOUTH AFRICA

Authors: Jacques De JONGH | Natanya MEYER

Publisher: Sosyal Bilimler Araştırmaları Derneği

Journal: International Journal of Business and Management Studies 2017 Vol.9 Issue 2, pp.69-86

Document Type: Article

Publication Date: 5/2017

Document Language: Turkish

Document ID (Org No.): 2000808917

Frequency: Bi-Annual

eISSN: 1309-8047

Issues

Authors:

Jacques De JONGH | Natanya MEYER

Publisher:

Sosyal Bilimler Araştırmaları Derneği

Journal:

International Journal of Business and Management Studies 2017 Vol.9 Issue 2, pp.69-86

Document Type:

Article

Publication Date:

5/2017

Document Language:

Turkish

Document ID (Org No.):

2000808917

Frequency:

Bi-Annual

eISSN:

1309-8047