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oa Journal of Contemporary Management - Entrepreneurial skills, characteristics and intentions amongst unemployed individuals in the Vaal-Triangle Region of South Africa

Volume 16 Number 2
  • ISSN : 1815-7440

 

Abstract

South Africa has been faced with a long history of socio-economic challenges of which unemployment can probably be considered as one of the most daunting. Resulting from this problem, the South African government has placed much emphasis on small business and entrepreneurial development. When looking at entrepreneurship on a global scale, females have been lagging in the business domain and most of the entrepreneurship data available merely report on business development as a whole and do not distinguish between genders. In light of this, the purpose of this study was to determine the self-reported entrepreneurial skills, characteristics and intentions of a group of unemployed South African individuals and if any differences between males and females exist regarding the mentioned variables. The study made use of primary data obtained through self-administered questionnaires. A convenience sampling technique was used resulting in a final sample of 206 unemployed individuals from the Vaal-Triangle region in South Africa. Various statistical techniques were employed to analyse the data, these included: outlier statistics, internal-consistency reliability analysis, descriptive statistics, correlation analysis and an independent sample t-test. The unemployed individuals recorded statistically significant means indicating that they have entrepreneurial skills, display positive entrepreneurial characteristics and possess positive intentions towards becoming entrepreneurs. In addition, males were associated with a statistically larger mean for all constructs compared to females. The study showed that unemployed individuals have high intentions to start businesses, especially the male cohort.

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/content/journal/10520/EJC-16d82b4d9c
2019-07-01
2020-02-20

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