South Africa’s White Entrepreneurs: An Evolution from Opportunity to Necessity

Lloyd, Warren

doi:10.1007/978-3-319-73700-3_12

Cited by 5 publications

(5 citation statements)

References 15 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Research on innovativeness as a key success factor have received very little attention in the case of companies operating in Africa. As highlighted by Lloyd (2018) ''Beyond descriptive studies of a few "success stories", analyzes of entrepreneurial innovations in Africa are almost non-existent''. However, the literature has addressed the issue of innovation capacity in relation to business performance, and in sectors other than agriculture.…”

Section: Discussion: Towards a Performance Analysis Model Based On In...mentioning

confidence: 99%

Innovativeness and Entrepreneurial Success in Agricultural Sector: An Overview of the Literature in Developing Countries

Aloukoutou,

Moussa

2023

JAS

View full text Add to dashboard Cite

Business success is often attributed to the profile of the entrepreneur, the characteristics of the business and its environment. In most of developing countries, interventions to promote entrepreneurship are typically limited to the provision of finance and coaching to build business capital and management skills. These interventions have shown mixed results as only few young enterprises last more than five years, suggesting the need to explore other drivers of entrepreneurial success. This review adds a contribution on the role of innovation in the performance of agricultural enterprises through a synthesis of the existing literature on the importance of innovation in entrepreneurial success. Our results highlight that young agricultural entrepreneurs face several challenges, including the perception from their pairs/community, limited access to production resources, climate change, poor access to technologies and market, lack of management skills, and lack of appropriate policy support. Their innovativeness depends on their ability to mobilize livelihoods assets such as financial capital, social, human and symbolic capitals. Ultimately, innovativeness allows young entrepreneur to tap into livelihoods assets-related opportunities to ensure the competitiveness and further the success of their business. We also elaborated a framework to analyze entrepreneurial performance in the agricultural sector.

show abstract

Section: Discussion: Towards a Performance Analysis Model Based On In...mentioning

confidence: 99%

Innovativeness and Entrepreneurial Success in Agricultural Sector: An Overview of the Literature in Developing Countries

Aloukoutou,

Moussa

2023

JAS

View full text Add to dashboard Cite

show abstract

“…Their customers include white middle class, with higher skills and easier access to internet to read up on the small business owner's offering online via their website or other online technologies (Hikido 2018(Hikido :2592. The USBOs are more highly skilled, have a better education level and access to finance and other resources required to run a business (Lloyd 2018). In addition, they also have access to qualified workers, good transport network and good communication infrastructure (Njoroge & Bett 2018:125).…”

Section: Non-expert Township Small Business Ownermentioning

confidence: 99%

The relationship between small business owners’ practice of effectuation and business growth in Gauteng townships

Nyoni

Moos

2022

The Southern African Journal of Entrepreneurship and Small Busi

View full text Add to dashboard Cite

Background: With the high unemployment and increasing levels of poverty in South Africa (SA), especially in the townships, the start-up and growth of township-owned small businesses have been proposed as the solution to address this phenomenon. The extant causation approach has had its challenges to develop township-owned small businesses because of resource constraints. Consequently, the emergent effectuation approach is worth investigating.Aim: This study aimed to determine if the practice of effectuation and the effectuation constructs (experimentation, affordable loss, flexibility and pre-commitments) by a non-expert township small business owner (NTSBO) would result in business growth (assets, sales and employment growth) and if the industries the businesses are operating in are a moderating variable.Setting: Primary research was conducted in the three Gauteng townships of Alexandra, Honeydew and Soweto in SA because townships contribute more than 38% towards South Africa’s gross domestic product (GDP).Methods: A quantitative study of 728 NTSBOs was conducted using an interview-administered structured questionnaire. Non-probability sampling methods were used, and the data were analysed using structural equation modelling (SEM).Results: The study found that effectuation and its components of experimentation and flexibility had statistically significant relationships with financial business growth (FBG). Industry did not moderate these relationships that were found. Experimentation and flexibility probably empowered the NTSBO to adapt to the ever-changing and unpredictable township business environment they operate in. Neither effectuation nor its components demonstrated statistically significant relationships with nonfinancial business growth.Conclusion: The findings of this study may inform policymakers, government and financial institutions that the effectuation approach can be an option incorporated for the training, funding and/or support of township small business owners.

show abstract

“…This enabled strong economic growth within the country, which was almost exclusively for the benefit of the white population group, including both English and Afrikaner groups (Maylam, 1995). Beyond the obvious advantage in the job market, many opportunities became available through economic development, which combined with government policies that specifically targeted entrepreneurial development, opened an almost plethora of prospects for white South African entrepreneurs, but particularly Afrikaans language entrepreneurs (Lloyd, 2018).…”

Section: Afrikaner Minority Entrepreneurs In South Africamentioning

confidence: 99%

“…The advent of democracy, and effective control handed to a black-led ANC Government, saw legislation enacted to favour black individuals over the white population groups, extended to government tenders, business and employment. This resulted in the entire white population groups themselves seemingly alienated with regard to their position in the country, with many that were able, leaving for countries they believed they could achieve a better life (Lloyd, 2018). Kropp and Lindsay (2001) noted that contingents of British descent within Southern Africa, or considered English whites, are said to prefer to hold on to their UK identities, while South Africans of Dutch descent, the Afrikaners, prefer to be associated with the African continent and are less likely to depart.…”

mentioning

confidence: 99%

The potential of South Africa’s “Boers”

Lloyd

2019

JEC

Self Cite

View full text Add to dashboard Cite

Purpose Due to the limited research on minority entrepreneurs in Africa, this paper aims to investigate the specific motivation of the current-day Afrikaner community group in South Africa toward entrepreneurship, whether necessity- or opportunity-based, as they represent a valuable potential toward not just economic growth but a wealth of entrepreneurial cultural capital capable of partnering and sharing successfully with other ethnic community groups. Design/methodology/approach The empirical research was conducted by quantitative analysis where data were gathered from a random sample of 648 respondents of an online survey. The ten-item achievement motives scale (AMS-R) was used to measure the distinct hope of success (HS) and fear of failure (FF) motives in McClelland’s need for achievement (nAch). The survey was conducted by the writer as part of an alternative study, and the data were analysed using SPSS v23. Findings The research determined no significant differences between HS (opportunity motivation) between specified age groups, but for FF (necessity motivation), there were statistical differences. This then disproved the stated hypothesis that current and nascent Afrikaner entrepreneurs are indifferent between the two motives. Along with this, it was found that there exists an overall high HS motive in the Afrikaner community, suggesting a high propensity toward the desired opportunity motivated entrepreneurship. Research limitations/implications This research is limited to nAch motivation within the single minority group of Afrikaners in South Africa. Implications for future research could be further comparison to other groups, both minority immigrant and “home” cultural groups, and the value of this as it relates to economic growth and knowledge sharing contexts. Practical implications The overall high HS motivation seen in the results should be reassuring for policymakers, on the basis that opportunity motivation is a key driver of economic growth and the value as it relates to knowledge sharing from the Afrikaner group to poorer community groups. Social implications South Africa, with a large poor community, and one of the lowest entrepreneurial rates in the world, is desperately in need of economic growth that the potential of partnerships with Afrikaner entrepreneurs contain, both from economic growth and knowledge sharing contexts. The high-opportunity-motivated entrepreneurship seen in the Afrikaners community suggests that there exists the willingness for such partnerships. Originality/value This paper provides empirical confirmation of the high opportunity entrepreneurial motive in nascent Afrikaners and provides a positive motivation for developing policies to harness this opportunity through initiatives and partnerships linking Afrikaner and black communities.

show abstract

South Africa’s White Entrepreneurs: An Evolution from Opportunity to Necessity

Cited by 5 publications

References 15 publications

Innovativeness and Entrepreneurial Success in Agricultural Sector: An Overview of the Literature in Developing Countries

Innovativeness and Entrepreneurial Success in Agricultural Sector: An Overview of the Literature in Developing Countries

The relationship between small business owners’ practice of effectuation and business growth in Gauteng townships

The potential of South Africa’s “Boers”

Contact Info

Product

Resources

About