South African Journal of Economic and Management Sciences, Vol 14, No 1 (2011)

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Entrepreneurship in an emerging and culturally diverse economy: a South African perspective

John Luiz, Martine Mariotti

Abstract


Of all the developing countries that participated in the Global Entrepreneurship Monitor survey, South Africa was ranked the lowest, in terms of entrepreneurial activity. It is clear that South Africa is not producing a sufficiently entrepreneurial economy and this needs to be addressed so as to create employment, expand markets, increase production and revitalize communities. This paper examines the entrepreneurial traits of a diverse group of young adults in South Africa. It looks at their attitudes towards and perceptions of entrepreneurship, entrepreneurial opportunities and the broader environment in an attempt to clarify how South Africans view entrepreneurship.

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EISSN 2222-3436 (Online)