The perceived relationship between the level of uncertainty avoidance and entrepreneurship in South Africa

Date
2014-01-09
Authors
Meiring, Mark
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Abstract
As a country with a high unemployment rate, one of the goals for South Africa is to build the correct environment for jobs to be created. Part of the solution to increase the levels of entrepreneurship within South Africa, is through eradicating the stumbling blocks to entrepreneurial orientation. Uncertainty avoidance, a cultural dimension is one such stumbling block on the road to increased levels of entrepreneurship. The goal of this paper was to propose that strong levels of perceived uncertainty avoidance lead to a decrease in the level of entrepreneurship. An online survey was conducted of 74 respondents across three different demographic levels. The data was interpreted through a correlation matrix and a one-way ANOVA analysis. The results of the survey indicated there is a high level of uncertainty avoidance within the South African context and that this would lead to lower levels of entrepreneurship. It was noted that the level of manager has a lower of uncertainty avoidance than that of entrepreneur. The findings of this research paper will benefit different stakeholders that have an interest in understanding why the levels of entrepreneurship in South Africa are low. It will also go in part towards the understanding of culture and how it needs to evolve to be able to increase the levels of entrepreneurship
Description
MBA thesis
Keywords
Entrepreneurship
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