Investigating the Factors Inhibiting Entrepreneurial Activity amongst Business Management Students at a South African Higher Education Institution
Journal Title: Polish Journal of Management Studies - Year 2019, Vol 19, Issue 1
Abstract
Entrepreneurship plays an influential role in the economic growth of a country. Youth entrepreneurs, in particular, are perceived as important contributors of economic change, who could significantly change the current unemployment situation in South Africa. However, the literature suggests, the youth face numerous constraints when entering the business world, which may have an influence on their entrepreneurial activity. Entrepreneurship is one of the core modules for students enrolled for a Management Degree at the specific South African Higher Education Institution (HEI). Over the past few years the need arised to enable undergraduate students at this HEI to start their own business during their undergraduate studies in Management Sciences. Therefore, the purpose of this study was twofold: firstly, to provide a descriptive analyses of the demographic profile of the students enrolled for a degree in Business Management at the South African HEI and their intention to start their own business, and secondly to investigate the factors inhibiting entrepreneurial activity amongst Business Management students at a South African HEI. The findings indicate that the main factor inhibiting entrepreneurial activity at this specific university is personal barriers, followed by business environmental barriers. Furthermore, the results revealed that entry barriers have the least impact in inhibiting entrepreneurial activity amongst students. These findings infer that the majority of students at this South African university participating in the study intend to start their own business. However, if inadequate attention is given to the factors inhibiting these students to actively pursue entrepreneurial opportunities, they will find it challenging to succeed in their initial intent.<br/><br/>
Authors and Affiliations
Luzaan Hamilton, Clarise Letitia Mostert
Keywords
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- EP ID EP599946
- DOI 10.17512/pjms.2019.19.1.12
- Views 66
- Downloads 0
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