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Faculty of Management Sciences

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    The role of business incubation programmes on the performance of small and medium enterprises in South Africa
    (2023-05-15) Zhou, Helper; Zondo, Robert Walter Dumisani
    Research has shown that Small and Medium Enterprise (SMEs) play a pivotal role in socio-economic development of countries across the globe. In recent years, business incubation programmes have gained popularity to address the perennial challenge of SME failure in South Africa. However, there have been very limited studies to empirically assess the impact of incubation in South Africa. To address this gap, this study utilised dataset, comprising 387 incubated and non-incubated firms to assess the impact of business incubation of performance. The originality of our study lies in valuable insights we established relating to the impact of incubators on SME performance. Utilising Generalised Least Squares technique in R, the study revealed that incubation has a positive impact on SME performance. Further to that the results revealed differing attributes between the incubated and non-incubated cohorts. It was recommended that the government should invest into incubation programmes to drive sustainable SME performance. Further to that, the heterogeneity between the two cohorts demands a shift from a “one size fits all” approach to supporting SMEs in South Africa
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    Influence of self-motivation and intrinsic motivational factors for small and medium business growth : a South African case study
    (AOSIS, 2018-05-29) Ncube, Thandukwazi R.; Zondo, Robert Walter Dumisani
    Background: This study investigates the influence of intrinsic motivational factors for small and medium enterprise (SME) growth in the eThekwini District Municipality in South Africa (SA). Aim: It examines whether self-motivation of business owners operating in the furniture manufacturing sector has an influence on SME growth. Setting: Of the 127 SMEs operating in the eThekwini District Municipality, 112 participated in the study representing 88% of the target population. Methods: Descriptive, chi-square and correlative analyses were used to test the two objectives. That is, to determine the influence of self-motivation of business owners for SME growth, as well as to establish the intrinsic motivational factors that stimulate creativity for SME growth. Results: The study revealed that the intrinsic motivational factors of business owners do influence SME growth in SA. These factors include exerting effort for business growth interest, finding new solutions to business problems to achieve growth, growing business for recognition, belief to produce the desired outcomes, taking responsibilities for business expansion, the need for advancement, and growth aspiration that enables the business owner to take risks in order to grow the business. Conclusion: The outcome is that a self-motivated business owner has the ability to grow the business. The study provides valuable data relating to intrinsic motivational factors. Such factors are the enablers of creativity and business growth. It provides initial baseline data upon which to base future work.