Faculty of Management Sciences
Permanent URI for this communityhttp://ir-dev.dut.ac.za/handle/10321/13
Browse
Search Results
Item Factors influencing entrepreneurial intention : a case of students in a South African University(2020-01-01) Nsahlai, Veritas Kiyven; Zogli, Luther-King Junior; Lawa, Emmanuel; Dlamini, Bongani InnocentEntrepreneurship has been globally adopted as a strategic approach in facilitating economic participation among youth. On an individual level, entrepreneurship affords young people their independence and autonomy to pursue their dreams. The main purpose of this study was to investigate the factors that motivate youth entrepreneurial intention amongst students in a South African university. Using a cross-sectional design with a quantitative structured questionnaire, a sample of 247 students was interviewed and the collected data was analysed with Principal component analysis. The results showed four major factors that influence students' entrepreneurial intentions. These factors include the quest to create sustainable employment, the need for independence and self-development, the quest to use one's knowledge and search for financial security and finally to take risks and challenge oneself.Item Investigating the deterring factors for youth entrepreneurial intention among students at a South African University(Lifescience Global, 2020-12-28) Nsahlai, Veritas Kiyven; Zogli, Luther-King Junior; Lawa, Emmanuel; Dlamini, Bongani InnocentYouth unemployment, which is a global phenomenon, is one of the main causes of poverty amongst the youth of South Africa. It has been observed that attaining a university qualification, no longer guarantees one an employment opportunity as the job market is highly saturated and cannot accommodate the thousands of young graduates churned out by universities each year. This leaves graduates with two options, either start a business or to remain unemployed and hope for an employment opportunity. This economic problem has led academics to inquire about what possible factors may influence young people to engage in entrepreneurship and what may turn them away from starting their own business. Although entrepreneurship has been purported globally as the springboard in facilitating economic participation among youth, they face many stumbling blocks during their entrepreneurial journey. The current study, therefore, sought to explore the factors that may deter youth entrepreneurial intention at a South African university. This is a quantitative research approach and data were collected using structured questionnaires from 247 participants and analysed using Factor analysis. It was discovered that lack of business management skills, risk and economic difficulties, financial challenges, lack of a support system, uncertain future and difficulty in finding partners, bureaucracy and crime as well as lack of relevant information were the factors deterring prospective young entrepreneurs from engaging in entrepreneurial activities.