Measuring the effectiveness of the women entrepreneurship programme, as a training intervention, on potential, start-up and established women entrepreneurs in South Africa

The lack of education and training is seen as South African entrepreneurs’ most frequently mentioned weakness. Therefore, this study addresses the training of entrepreneurs and reveals that education and training are crucial for the development and creation of entrepreneurs. The purpose of this study is to measure the effectiveness of the Women Entrepreneurship Programme (WEP), which was introduced to promote and encourage women entrepreneurs in South Africa. Furthermore, the study will provide a framework for and discuss content of future entrepreneurship training programmes. The literature revealed the need for an entrepreneurship training programme that focuses specifically on the training needs of women. The WEP focuses on areas that are normally neglected in other entrepreneurship programmes and includes topics such as networking and support, the use of role models, confidence-building, and post-care training in the form of mentors and counsellors. The extension of the experimental design by using a control group allowed the effects and benefits of the training intervention (WEP) on the participants to be measured against the control group, hence widening the debate surrounding the rationale for interventions of this nature. The Chi-square test, t-test for independent samples, t-test for paired samples, Mann-Whitney test, and Wilcoxon matched-pairs test were executed to present the statistically significant differences between the experimental and control groups. The Kruskal-Wallis One-Way ANOVA test was also executed to illustrate statistical differences between various groups within the experimental group. The findings of this empirical study have helped to highlight the benefits derived by the WEP delegates and that they gained new entrepreneurial, as well as business, skills and knowledge relevant to running a business; increased their confidence in their entrepreneurial abilities, and improved their employability, turnover, productivity and profit. Furthermore it should be emphasised that it was statistically proven that the WEP, as a training intervention, is effective in training potential, start-up and established women entrepreneurs in South Africa.Thesis (DCom (Business Management))--University of Pretoria, 2006.Business Managementunrestricte

Prior entrepreneurial exposure and action of women entrepreneurs : exploring the moderation effects of entrepreneurial competencies in a developing country context

While the differences between men and women with regard to entrepreneurial activity is well-acknowledged, few scholars have explored models explaining the differences through an objectivist lens. This research addresses this gap by investigating the relationship between prior entrepreneurial exposure and entrepreneurial action, moderated by entrepreneurial competencies (ECs). This paper draws from two psychology theories to develop and test a three-factor model of entrepreneurial action. The structuration theory formulates a theoretical model that explains how entrepreneurs’ interaction with their environment, and their concomitantly learned behavioral scripts (i.e., entrepreneurial competencies), impacts a newly formulated typology of entrepreneurial gestation activities based on the mindset theory of action phases. Furthermore, the ECs in this paper are drawn from a systematic framework of entrepreneurship competency development, which categorizes ECs into (1) entrepreneurial attitudes and personal characteristics and (2) entrepreneurial motives. By dividing entrepreneurial action into a predecisional, preactional, and actional phase, a novel approach is used in taking the context of the entrepreneurial process into account. It is proposed that prior entrepreneurial exposure is a significant and positive predictor of future entrepreneurial action in the predecisional and preactional phases. However, once entering the actional phase, this factor is no longer important, as women entrepreneurs have crossed the entrepreneurial Rubicon. The sample consists of South African entrepreneurs of which 346 women entrepreneurs and a sample of 804 male entrepreneurs are used to compare the results of the first hypothesis. Structural equation modeling (SEM) is used to model the relationship between prior entrepreneurial exposure and entrepreneurial action. Results confirm that prior entrepreneurial exposure in the form of role models, entrepreneurial parents, or any other form of exposure to entrepreneurship before starting a business is particularly important to encourage women to pursue business start-up (action). Furthermore, the development of certain ECs is crucial for improving the strength of the relationship between prior entrepreneurial exposure and entrepreneurial action for women entrepreneurs. These results have important implications for women entrepreneurs, educators, as well as entrepreneurship models, which have been traditionally male dominated.The Allan Gray Orbis Foundation in South Africahttps://www.frontiersin.org/http://www.frontiersin.org/Psychologyam2020Business Managemen

A conceptual competencies-based framework to enhance the innovation capacity of Fourth Industrial Revolution entrepreneurs

Entrepreneurship scholars have focused their research on compiling a list of competencies that enhance entrepreneurial behaviour. Yet, these efforts might be redundant as new competencies are necessary in the Fourth Industrial Revolution (4IR). Furthermore, previous research investigated entrepreneurial competencies (ECs) from a developed country perspective. This paper follows two phases in identifying ECs for the 4IR in a developing country context. During phase 1, a Delphi study is employed, whereby 12 participants provide 108 ECs (round 1) and 87 ECs (round 2) required for the 4IR. Based on an extensive literature review, a concept matrix is conducted in phase 2, in which 136 competencies are listed. After phase 2 has been conducted, 87 ECs are identified, of which 33 have resulted as the most cited in the literature. By utilizing this multi-dimensional holistic approach, we can distinguish the ECs necessary to increase entrepreneurs’ capacity to innovate. The final analyses indicate 12 ECs, presented in a conceptual framework and categorized into four domains: cognitive (knowledge), functional (skills), social (attitudes and behaviours) and meta (facilitating learning). The findings illustrate the demand for specific ECs, although no additional ECs such as technology skills are identified for the 4IR within a developing country context.https://journals.sagepub.com/home/IEIhj2023Business Managemen

Impulsivity and entrepreneurial perseverance : toward an empirical account and entrepreneurship-prone profile

PURPOSE : Although emerging research has linked impulsivity with the decision to start a business, scholars have yet to draw implications for later-stage entrepreneurial outcomes. Furthermore, the authors have still to derive a parsimonious profile of the multidimensional impulsivity construct which can be positively linked to the entrepreneurial context. This paper proposes and tests a model to explain how impulsivity may relate to entrepreneurial perseverance—a construct typically regarded as a pivotal later-stage entrepreneurial outcome. DESIGN/METHODOLOGY/APPROACH : Data were collected from 807 owner-managers using an online survey and augmented with the novel use of longitudinal data from the central registrar of companies in South Africa. Covariance-based structural equation modeling and a D2 indexing approach for forming an entrepreneurship-prone impulsivity profile were employed. FINDINGS : Results show that multidimensional impulsivity is significantly, but differentially, related to entrepreneurial perseverance; the perceived desirability of entrepreneurship mediates this effect for two of the four impulsivity dimensions. In particular, the authors find evidence that insufficiency of deliberation enhances, while urgency hinders, perseverance—reflected behaviorally through the filing of annual returns over a three-year period. Furthermore, the authors derive a new entrepreneurship-prone impulsivity profile which begins to suggest an intraindividual profile of impulsivity traits which may be beneficial to the entrepreneurial context. ORIGINALITY/VALUE : By demonstrating how impulsivity impacts entrepreneurial perseverance over time, this paper advances emerging research on the relationship between impulsivity and entrepreneurship, while contributing to explaining why the perseverance decision is not simply a matter of venture pecuniary benefits and feasibility.https://www.emerald.com/insight/publication/issn/1355-2554hj2022Business Managemen

Internships enhancing entrepreneurial intent and self-efficacy : investigating tertiary-level entrepreneurship education programmes

BACKGROUND : Entrepreneurship education interventions are deemed effective when they enhance interns’ entrepreneurial intent (EI) and entrepreneurial self-efficacy (ESE). Notwithstanding the emergence of internship as an experiential learning approach in entrepreneurship education, evidence about their potential to foster EI and ESE lacks systemisation. AIM : The aim of this study was to determine whether internships enhance EI and ESE. Furthermore, to what extent South African tertiary institutions include internships in their entrepreneurship and management curricula and the obstacles to such inclusion. SETTING : South Africa has made a concerted effort to insert an entrepreneurship component across tertiary curricula. The evolution of this entrepreneurship component to experiential learning approaches is, however, unclear. METHODS : A qualitative research approach was followed. Firstly, it reviewed empirical evidence for the positive relationship between internships and EI and ESE. Secondly, it conducted a survey of entrepreneurship and business management programmes at all 23 South African tertiary institutions and content analysed the retrieved information to determine whether such programmes include internships. Finally, 10 experts were interviewed to unveil the constraints inhibiting the inclusion of internships in tertiary curricula. RESULTS : The results revealed empirical support for the positive influence of internships on both EI and ESE. Significant lack of inclusion of internships in tertiary curricula in South Africa emerged, owing mainly to administrative issues, curriculum re-design challenges, and lack of mentoring capacity. CONCLUSION : Tertiary-level entrepreneurship education programmes should include an internship component. The paper suggested that tertiary institutions pilot-test the inclusion of internships with a small number of students and a selected cohort of small business owners.http://www.sajesbm.co.zaam2016Business Managemen

Entrepreneurial action and competencies : exploring pathways to venturing accomplishments

Scholars often cite an entrepreneur’s actions and their skills, know-how and entrepreneurial competencies (ECs) as the most influential factors related to the accomplishment of important venturing outcomes. Yet the joint impact of these factors on venturing accomplishments is yet to be explored. This paper aims to fill this void by empirically developing and testing a mediation model exploring three EC mechanisms by which entrepreneurial actions—specifically discovery and exploitation activities—led to the achievement of specific venturing accomplishments—namely the time to breakeven and turnover achieved. Data were collected from 1150 South African entrepreneurs using an online survey. Covariance-based structural equation modeling was used to test the hypothesized model. Results show that entrepreneurial action (EA) significantly impacts on the efficiency and effectiveness of a venture through the development of three key ECs. Furthermore, the type of action taken by entrepreneurs during the entrepreneurial process differentially influences competency development and venturing accomplishments. More specifically, opportunity discovery and exploitation activities have a varying impact on EC development, as the engagement in these distinct venturerelated activities provides unique feedback for the development of appropriate behavioral scripts for specific contexts which lead to distinct venturing accomplishments. This research offers novel insights into the newly emerging scholarly conviction that engagement in the entrepreneurial process itself may affect key entrepreneurial abilities and accomplishments. In so doing, this paper builds on, and has implications for, theories of competency development and venturing performance, as well as pedagogical interventions aimed at enhancing entrepreneurship.Allan Gray Orbis Foundation, South Africahttp://www.bepress.com/erjpm2021Business Managemen

The upside of narcissism as an influential personality trait : exploring the entrepreneurial behaviour of established entrepreneurs

PURPOSE : As research emerged in terms of how narcissism, a negative or dark trait, has been found to be constructive in enhancing entrepreneurial behaviour, there are mixed results regarding the significance of narcissism in the field of entrepreneurship. Additionally, this previous research has mostly been conducted on student or nascent entrepreneur samples within developed economies. Therefore, the purpose of this paper is to explore how narcissistic traits of established entrepreneurs in an emerging economy context infuence their entrepreneurial behaviour both positively and negatively. DESIGN/METHODOLOGY/APPROACH : Gioia methodology was applied in the qualitative study by means of in-depth interviews, which allowed for the unpacking of narcissistic traits among established entrepreneurs in South Africa. Four themes emerged from the data, and included insights related to entrepreneurial experience influencing behaviour; business growth linked to personal development; opportunity identification versus loss; and identity separation in relation to authentic identity versus an entrepreneurial identity. FINDINGS : The findings of the paper contribute to creating an understanding of how to hone individual narcissistic traits for positive influences that develop entrepreneurs while also contributing to their business development, opportunity realization and identity. In addition, the findings highlighted a separation between established entrepreneurs’ authentic personality and the inputs that end up resulting in the entrepreneurial personality. ORIGINALITY/VALUE : This paper highlights the possibility of narcissism functioning as a business process involved in entrepreneurship rather than a necessary personality trait. An interesting dynamic contributed to what seems to be a constant battle between the authentic identity and the entrepreneur identity, gaining deeper insight surrounding established entrepreneurs’ experiences to survive and, more importantly, thrive as entrepreneurs.https://www.emerald.com/insight/publication/issn/2053-4604hj2023Business ManagementGordon Institute of Business Science (GIBS

Exploring moderators in the relationship between cognitive adaptability and entrepreneurial intention : findings from South Africa

We build on the work of Haynie and Shepherd (Entrepreneurship Theory and Practice, 33, 695–714, 2009), who introduced five dimensions of cognitive adaptability in an entrepreneurial context, and Urban (Management Dynamics, 21, 16–33, 2012a), who explored the relationship of cognitive adaptability with entrepreneurial intention. There is evidence that cognitive adaptability represents a link in the development of intentions and we empirically answer the call to explore moderators of this relationship. We analyse data collected from 602 potential entrepreneurs in South Africa using structural equation modelling. The results indicate that three cognitive adaptability dimensions, namely goal orientation, metacognitive experience, and metacognitive choice, have a positive relationship with entrepreneurial intention. Level of education, age, gender and entrepreneurial type were tested as moderators as they represent personal-level variables related to both cognitive adaptability and entrepreneurial intention in the literature. Level of education moderated the relationship between goal orientation and entrepreneurial intention, as well as between metacognitive experience and entrepreneurial intention. The moderating role of gender affected the positive influence of goal orientation on entrepreneurial intention, which was stronger for females, while the negative influence of monitoring was stronger for males and weaker for females. For the entrepreneurial type moderator, the sample was split between 443 necessity-driven and 159 opportunity-driven potential entrepreneurs. The results revealed that entrepreneurial type moderated the path between metacognitive experience and entrepreneurial intention, which was stronger for necessity than opportunity potential entrepreneurs. The unconventional moderation effects observed in this South African study carry far wider applicability for the development of the theory of cognitive adaptability in an entrepreneurial context.This article is part of the Springer Nature SharedIt initiative which makes the article publicly available at http://rdcu.be/pqmnSpringer Nature wants researchers to share content easily and legally. Our Springer Nature SharedIt content-sharing initiative means that links to view-only, full-text subscription research articles can be posted anywhere - including on social media platforms, author websites and in institutional repositories - so researchers can share research with colleagues and general audiences.https://link.springer.com/journal/11365hj2017Business Managemen

How do age and location affect a business? Evaluating the objectives, outputs and outcomes of small business policy

Many scholars have dedicated their studies to understanding the kind of assistance given to small business. Likewise, numerous studies have concentrated on how government in particular, through a small business policy, can be instrumental in providing business support. This article evaluates South Africa‘s small business policy by concentrating on its objectives, outputs and outcomes. Studies evaluating small business policy according to its objectives, outputs and outcomes, have been limited. Such policy evaluation goes beyond merely reporting to understanding why certain phenomena take place. As an emerging economy, South Africa is in dire need of well-developed policies. This article proposes that understanding the link between small business policy and the age and location of a business may help government to refine policy formulation and design. Using a survey method and cross-sectional research design, the sample size of 340 respondents consisted of start-up and established business owners. This study found that not the age of the business, but only its location (the metropolitan municipality where the business is located) has a statistically significant effect on the objectives, outputs and outcomes of the small business policy. These findings should assist both national and international policymakers to identify specific context-bound interventions relevant to the location of businesses with a view to improving them.http://www.sajems.org/am2016Business Managemen

Entrepreneurial action and competencies : exploring pathways to venturing accomplishments

Scholars often cite an entrepreneur’s actions and their skills, know-how and entrepreneurial competencies (ECs) as the most influential factors related to the accomplishment of important venturing outcomes. Yet the joint impact of these factors on venturing accomplishments is yet to be explored. This paper aims to fill this void by empirically developing and testing a mediation model exploring three EC mechanisms by which entrepreneurial actions—specifically discovery and exploitation activities—led to the achievement of specific venturing accomplishments—namely the time to breakeven and turnover achieved. Data were collected from 1150 South African entrepreneurs using an online survey. Covariance-based structural equation modeling was used to test the hypothesized model. Results show that entrepreneurial action (EA) significantly impacts on the efficiency and effectiveness of a venture through the development of three key ECs. Furthermore, the type of action taken by entrepreneurs during the entrepreneurial process differentially influences competency development and venturing accomplishments. More specifically, opportunity discovery and exploitation activities have a varying impact on EC development, as the engagement in these distinct venture-related activities provides unique feedback for the development of appropriate behavioral scripts for specific contexts which lead to distinct venturing accomplishments. This research offers novel insights into the newly emerging scholarly conviction that engagement in the entrepreneurial process itself may affect key entrepreneurial abilities and accomplishments. In so doing, this paper builds on, and has implications for, theories of competency development and venturing performance, as well as pedagogical interventions aimed at enhancing entrepreneurship.Allan Gray Orbis Foundation, South Africa.https://www.degruyter.com/journal/key/erj/htmlhj2023Business Managemen