Modelling Key Obstacles Hindering The Business Performance of Small and Medium Enterprises Within The Mangaung Metropolitan Area in South Africa
SMEs play a crucial role in South Africa's economic growth, contributing to production capacity and job creation. This study focused on understanding the obstacles hindering SMEs and specifically examined the impact of financial, management, corruption, and infrastructure obstacles on SME perfo...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Bogor Agricultural University
2023-09-01
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| Series: | Indonesian Journal of Business and Entrepreneurship |
| Online Access: | https://journal.ipb.ac.id/index.php/ijbe/article/view/50204 |
| _version_ | 1797322318600470528 |
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| author | Bennedict Motsamai Kareli Eugine Tafadzwa Maziriri Tinashe Chuchu |
| author_facet | Bennedict Motsamai Kareli Eugine Tafadzwa Maziriri Tinashe Chuchu |
| author_sort | Bennedict Motsamai Kareli |
| collection | DOAJ |
| description | SMEs play a crucial role in South Africa's economic growth, contributing to production capacity and job creation. This study focused on understanding the obstacles hindering SMEs and specifically examined the impact of financial, management, corruption, and infrastructure obstacles on SME performance in the Mangaung metropolitan area. Data was collected through an online survey from 240 SME owners/managers using a non-probability convenience sampling method. The results, analyzed using SPSS and SmartPLS, revealed that financial, management, corruption, and infrastructure obstacles have a negative effect on SME performance in the Mangaung metropolitan area. The findings have theoretical implications for entrepreneurship research and provide insights for SME managers to improve their entrepreneurial endeavors. The study also has policy implications, suggesting the need for revised credit access policies with lower interest rates for SMEs. Overall, this research contributes new knowledge to the entrepreneurship and small business management literature in the African context, which has been under-researched in academia.
Keywords: job creation, corruption, infrastructure obstacles, business performance, SMEs |
| first_indexed | 2024-03-08T05:12:32Z |
| format | Article |
| id | doaj.art-d11f343f9633416db9f103c195bcbbd0 |
| institution | Directory Open Access Journal |
| issn | 2407-5434 2407-7321 |
| language | English |
| last_indexed | 2024-03-08T05:12:32Z |
| publishDate | 2023-09-01 |
| publisher | Bogor Agricultural University |
| record_format | Article |
| series | Indonesian Journal of Business and Entrepreneurship |
| spelling | doaj.art-d11f343f9633416db9f103c195bcbbd02024-02-07T07:27:30ZengBogor Agricultural UniversityIndonesian Journal of Business and Entrepreneurship2407-54342407-73212023-09-019334734710.17358/ijbe.9.3.34750204Modelling Key Obstacles Hindering The Business Performance of Small and Medium Enterprises Within The Mangaung Metropolitan Area in South AfricaBennedict Motsamai Kareli0Eugine Tafadzwa Maziriri1Tinashe Chuchu2Regenesys Business School Department of Business Management, College of Business and Economics (CBE), University of JohannesburgDivision of Marketing, School of Business Sciences, University of the WitwatersrandSMEs play a crucial role in South Africa's economic growth, contributing to production capacity and job creation. This study focused on understanding the obstacles hindering SMEs and specifically examined the impact of financial, management, corruption, and infrastructure obstacles on SME performance in the Mangaung metropolitan area. Data was collected through an online survey from 240 SME owners/managers using a non-probability convenience sampling method. The results, analyzed using SPSS and SmartPLS, revealed that financial, management, corruption, and infrastructure obstacles have a negative effect on SME performance in the Mangaung metropolitan area. The findings have theoretical implications for entrepreneurship research and provide insights for SME managers to improve their entrepreneurial endeavors. The study also has policy implications, suggesting the need for revised credit access policies with lower interest rates for SMEs. Overall, this research contributes new knowledge to the entrepreneurship and small business management literature in the African context, which has been under-researched in academia. Keywords: job creation, corruption, infrastructure obstacles, business performance, SMEshttps://journal.ipb.ac.id/index.php/ijbe/article/view/50204 |
| spellingShingle | Bennedict Motsamai Kareli Eugine Tafadzwa Maziriri Tinashe Chuchu Modelling Key Obstacles Hindering The Business Performance of Small and Medium Enterprises Within The Mangaung Metropolitan Area in South Africa Indonesian Journal of Business and Entrepreneurship |
| title | Modelling Key Obstacles Hindering The Business Performance of Small and Medium Enterprises Within The Mangaung Metropolitan Area in South Africa |
| title_full | Modelling Key Obstacles Hindering The Business Performance of Small and Medium Enterprises Within The Mangaung Metropolitan Area in South Africa |
| title_fullStr | Modelling Key Obstacles Hindering The Business Performance of Small and Medium Enterprises Within The Mangaung Metropolitan Area in South Africa |
| title_full_unstemmed | Modelling Key Obstacles Hindering The Business Performance of Small and Medium Enterprises Within The Mangaung Metropolitan Area in South Africa |
| title_short | Modelling Key Obstacles Hindering The Business Performance of Small and Medium Enterprises Within The Mangaung Metropolitan Area in South Africa |
| title_sort | modelling key obstacles hindering the business performance of small and medium enterprises within the mangaung metropolitan area in south africa |
| url | https://journal.ipb.ac.id/index.php/ijbe/article/view/50204 |
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