Theses and Dissertations
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Browsing Theses and Dissertations by Subject "338.040968257"
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Item Open Access The Impact of Sociocultural Factors on the Development of Entrepreneurship in Thulamela Local Municipality(2020-07) Murimwa, Chenjerai; Nkondo, L. G.; Khohomela, N. T.Entrepreneurship has become the backbone of every economy in the modern era; essential for employment creation, revamping national economic performance and generating wealth. Despite it being taught in tertiary institutions and trained in vocational institutions, studies show that entrepreneurship is not achieving its full potential in contributing to economies especially in rural settings. It needs to be fostered and nurtured in sociocultural perspectives to maximise its contribution towards the economy of South Africa. The aim of the study was to establish the importance of sociocultural factors in the development of entrepreneurship in rural settings of South Africa. The study area was Thohoyandou Central Business District, Tshaulu, Tshilamba and Khubvi in Thulamela Local Municipality, Limpopo Province, South Africa. A mixed method approach was used, combining both quantitative and qualitative data collection methods to better understand the relationship between entrepreneurship development and sociocultural dimensions involved and address the research objectives. The sample for this study comprised of 100 entrepreneurial initiatives in Thulamela Local Municipality, Limpopo Province, South Africa. The researcher used a stratified purposive sampling technique, where questionnaires with both open and closed ended questions was administered as the instrument for data collection. Predictive Analytics Software (PASW) version 25, formerly known as SPSS was used for quantitative data analysis and Thematic Content Analysis was employed to analyse qualitative data. The findings indicated social impedances, lack of confidence in the services offered, gender discrimination, role models and the support system as key influencers of entrepreneurship advancement. The study also showed that culture contributes to entrepreneurship development in Thulamela Local Municipality through aspects such as resistance, traditional beliefs and looking down upon others. The study also established that entrepreneurship is considered as better than conventional day-to-day jobs because of its ability to give financial stability to individuals and consolidate and empower the community. The researcher recommended that the following factors be considered: market expansion, funding, training and skills development, community development, teaching entrepreneurship in communities and internal business adjustments.Item Open Access The role of informal sector towards entrepreneurship development in Makhado Local Municipality(2021-06-23) Mukuvhi, Avhazwifuni Claude; Nkondo, L. G.; Khohomela, N. T.The informal sector plays a pivotal role in developing countries. Its presence in the economy contributes greatly in two ways: firstly, informal entrepreneurs drive job formation through small-business creation. Secondly, it is considered an incubator for business potential and a stepping stone for accessibility and graduation to the formal economy, thus it is a response to poverty and unemployment. The purpose of this study was to investigate the contributions of the informal sector to entrepreneurship development in Makhado Local Municipality. To address the research problem, the Interpretivist paradigm was used. The Interpretivist paradigm is a trend of research approach, and it support the use of qualitative methods for data collection and involves the social interaction with the population group of the study. The Interpretivist paradigm was chosen because it establishes a platform towards understanding the world as it is from subjective experiences of individuals. The study utilized a mixed method approach which includes both qualitative and quantitative approach. The non-probability convenience sampling approach was adopted because it is very easy to carry out with few rules governing how the sample should be collected. A sample size of 150 participants derived using convenience sampling was used to determine various characteristics of the study population. Semi-structured questionnaires were distributed to micro-entrepreneurs. Data collected was analysed using International Business Machines Statistical Package for Social Scientists version (IBM SPSS) 25 and thematic content analysis. The findings and recommendations will be established to ensure a progressive entrepreneurial environment.