- Title
- The effect of entrepreneurial competencies on the performance of small micro and medium enterprises in or Tambo District, Eastern Cape
- Creator
- Senzeni, Phumlani
- Subject
- New business enterprises -- South Africa -- Eastern Cape
- Subject
- Small business -- South Africa -- Eastern Cape
- Subject
- Performance -- Management
- Date
- 2023-12
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10353/28960
- Identifier
- vital:75577
- Description
- The Small Micro and Medium Enterprises (SMMEs) remain the key competitor in the development of the economy growth of the country. The SMME sector is the key driver to the national economy of countries, as it creates job opportunities, reduce poverty, supports household income, and improve the people’s standard of living. However, the rate at which SMMEs fail to succeed results in non-performance and business closure, and this is alarming and require attention. The reasons for this failure can emanate from a number of reasons, such as lack of entrepreneurial competencies, managerial skills, lack of intellectual personnel, low entrepreneurial culture and obstacles that hinder access to resources and market. Therefore, in this study the researcher examined the effect of entrepreneurial competencies on the performance of SMMEs in OR Tambo District, Eastern Cape. The researcher adopted quantitative research approach. The research data was collected using Google Forms survey method. The emails containing the link to access the instrument were sent to a sample of 399 SMMEs in the OR Tambo District. The response rate of 74%, which is 294 was attained. Thus, the findings of the study discovered that entrepreneurial competencies have significant effect on the performance of SMMEs. The study further found that entrepreneurial competencies “opportunity recognition, creative-problem solving, resource leveraging, and business networking” had a low degree of association with business performance although they are statistically significant to business performance. The self-efficacy was found with a high degree of association with business performance and statistically significant with the achievement of positive beta and low p-value which indicated a strong association to performance. The study made conclusions that entrepreneurial competencies have positive effect on the performance of SMMEs. Therefore, it was concluded that performing and successful SMMEs in the regions means employment opportunities in the country because they require human resources to do operational services and render services. The government and policymakers are encouraged to work together to form and strengthen development programs to assist SMMEs to grow the production capacity, operations and become productive. The SMMEs owners/managers and practitioners on skills development are encouraged to relook and strengthen entrepreneurial competencies that contribute to productivity and performance.
- Description
- Thesis (DBA) -- Faculty of Management and Commerce, 2023
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (xiv, 144 pages)
- Format
- Publisher
- University of Fort Hare
- Publisher
- Faculty of Management and Commerce
- Language
- English
- Rights
- rights holder
- Rights
- All Rights Reserved
- Rights
- Open Access
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UFH Department of Business Management
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details | SOURCE1 | SENZENI_201708584_MCom Business Management.pdf | 48 MB | Adobe Acrobat PDF | View Details |