Local economic development and small business failure: the case of a local municipality in South Africa

Mukwarami, Silas; Mukwarami, Josephat; Tengeh, Robertson K.

doi:10.1504/ijbg.2020.10031306

Cited by 3 publications

(1 citation statement)

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“…These are fields that have been reported to be contributory to sustainable development. Notable among those fields is social entrepreneurship (Bansal et al, 2019;Méndez-Picazo et al, 2020) and local economic development (Abraham 2003;Bedrunka, 2020;Mukwarami et al, 2020). A more nuanced understanding of community-focused business ventures through the lens of indigenous entrepreneurship will significantly contribute to our understanding of social entrepreneurship, just as the emphasis on immediate resources and a bottom-up approach to development are crucial for operationalising and improving our understanding of local economic development.…”

Section: Still On Potential Contributions Of Indigenous Entrepreneurshipmentioning

confidence: 99%

Towards a theory of indigenous entrepreneurship: a classic

Tengeh

Ojugbele

Ogunlela

2022

IJESB

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Indigenous people often do not get the full benefits of economic development, regardless of their proximity to production factors. While many academics have recognised and investigated indigenous people's problems, relatively few have suggested entrepreneurship as a means to addressing them. In this paper, we explore Peredo et al. 's (2004) work, 'Towards a theory of indigenous entrepreneurship -a theory of entrepreneurship that accounts for indigenous people and sustainability'. Using Scopus and Google Scholar, a bibliometric analysis confirmed the impact of this work, first published some 16 years ago. The analysis reveals that the paper has been referenced over 300 times, with over 70% of these citations originating from online academic journal articles and books and 30% from different types of websites. The paper's substantial impact on future research in indigenous entrepreneurship indicates that it is and will continue to be a foundational work on indigenous entrepreneurship.

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Section: Still On Potential Contributions Of Indigenous Entrepreneurshipmentioning

confidence: 99%

Towards a theory of indigenous entrepreneurship: a classic

Tengeh

Ojugbele

Ogunlela

2022

IJESB

View full text Add to dashboard Cite

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The role of microfinance institutions in enhancing the sustainability of women-owned SMMES

Koti

Modiba

2022

Investment Management and Financial Innovations

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Microfinance plays a catalytic role in the sustainability of small, micro, and medium enterprises (SMMEs). Given the prevailing failure rate of SMMEs in South Africa, a holistic view of microfinance institutions (MFIs) regarding microfinance is essential. This paper explores how MFIs enhance women-owned SMMEs’ sustainability in the Gqeberha area focusing on three MFIs subsidized by the South African government in Nelson Mandela Bay municipality. Systems theory was used to explore areas that MFIs should focus on to enhance the sustainability of women-owned SMMEs. A qualitative case study using semi-structured interviews and open-ended questionnaires was employed. The research sample was drawn from three public MFIs in Gqeberha and 21 women-owned SMMEs who are beneficiaries of the MFIs. Coding and thematic analysis were used for data analysis. MFIs encounter challenges in adequately servicing women-owned SMMEs. A mismatch was identified in the provision and demand of microfinance services due to limited funding for MFIs. The non-financial support essential to keeping SMMEs afloat does not meet the needs of women-owned businesses. The microfinance services provided by MFIs play a significant role in supporting SMMEs to achieve sustainability. However, there is a need for a complementary service that should offer sector-specific business support because current services provided by the MFIs are generic, and SMMEs need sector-specific assistance. AcknowledgmentsOur special thanks go to the Department of Development Studies and Nelson Mandela University for the support that contributed to the success of this manuscript. We also acknowledge Dr. Ruth Albertyn for her technical and editorial support.

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The Business Failure Prediction Using Statistical Approach

Noprisson

2021

IJSRSET

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The topic of business failure is important because it can be used as a basis for policy making by stakeholders in a company or government. The results of business failure predictions can be used as company managers to take preventive measures for business failure. This study aim is to study the literature regarding the methods and results of predicting business failure from various sectors and regions. We used PRISMA (preferred reporting items for systematic reviews and meta-analyses) for conducting this research. As the result, we found twelve statistical methods for business failure prediction, including Hybrid Failure Prediction (HFP), Altman’s Z-score Model, Data Envelopment Analysis (DEA), Logistic Regression (LR), Neural Networks (NN), Support Vector Machine (SVM), Kernel Fuzzy C-Means (KFCM), IN01, IN05, Ohlson Model, Cart-Based Model and Cash-Flow-Based Measures. The highest result obtained by using cart-based model for dataset of financial indicators of Slovak companies with 92,00% accuracy.

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Local economic development and small business failure: the case of a local municipality in South Africa

Cited by 3 publications

References 0 publications

Towards a theory of indigenous entrepreneurship: a classic

Towards a theory of indigenous entrepreneurship: a classic

The role of microfinance institutions in enhancing the sustainability of women-owned SMMES

The Business Failure Prediction Using Statistical Approach

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