Research Outputs

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Browsing Research Outputs by SDG "SDG-8: Decent work and economic growth"

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    Business development services training and entrepreneurial self-efficacy – a focus on necessity- and opportunity-driven entrepreneurs
    (AOSIS Publishing, 2024) Msimango-Galawe, Jabulile; Eister, Tshegofatso
    Background: Entrepreneurs have been galvanised by the worsened economic circumstances in South Africa, and small businesses struggle to become established. By providing skills training, business development services (BDS) improve the performance of firms, through the development of entrepreneurial self-efficacy. Aim: The objective of this study was to determine the impact of BDS training on the entrepreneurial self-efficacy (ESE) of necessity- and opportunity-driven entrepreneurs and whether that impact would be more positive in opportunity-driven rather than necessity-driven entrepreneurs. Setting: The study focused on 519 entrepreneurs in South Africa, of which 97 were necessitydriven and 422 were opportunity-driven. Methods: Statistical analyses were conducted using correlation analysis and multiple linear regression to test the impact of training on the ESE of necessity- and opportunity-driven entrepreneurs while controlling for the impact of confounding variables: gender, education, management experience, industry experience and partnerships. Results: The empirical evidence from this study showed that general entrepreneurial training is more effective in increasing the entrepreneurial self-efficacy of opportunity-driven entrepreneurs, whereas task-specific training was better suited for increasing the entrepreneurial self-efficacy of necessity-driven entrepreneurs. Conclusion: The implications and recommendations of this study are that policymakers should design general entrepreneurial training programmes targeted at opportunity-driven entrepreneurs and task-specific training programmes targeted at necessity-driven entrepreneurs. Contribution: This study enhances the understanding of the training needs of necessity-driven entrepreneurs and how they differ from opportunity-driven entrepreneurs concerning ESE and the growth of their businesses.
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    Evaluating the new universities project outcomes using the PMBOK project performance domains
    (University of the Witwatersrand, Johannesburg, 2024-07) Mosalaesi, Tsholofelo; Laryea, Samuel; Laryea, Samuel; Li, Baizhan; Essah, Emmanuel Adu; Mensah, Sarfo; Liu, Hong; Yao, Runming
    The Project Management Institute (2021) PMBOK Guide seventh edition presents eight essential domains or activities that are crucial to ensure the success of a project. PMI (2021) defines these Project Performance Domains as a group of related activities that are critical for the effective delivery of project outcomes. The PMI’s new focus on performance and project outcomes marks a significant shift away from traditional project management tools and techniques. This paper uses the eight PPDs as a framework to determine the critical factors that enabled the success of the new universities project based on the eight domains. A completed project with comprehensive data was used for the analysis. Hence, data from the project close out report was analysed using the thematic analysis method to identify the key project performance practices that were formulated and implemented to successfully achieve the intended outcomes. The key success factors identified relate to the role of the client as a leader, stakeholder’s productive working relationship and the delivery of the project within 1% of the control budget. There may be a common assumption that all clients may employ project managers who may possess the skills to execute these critical functions successfully. However, this is not always the case on all projects, and there is also varying degrees of competency among project managers. Therefore, clients should ensure that those playing leadership roles in their projects are well equipped to perform these critical functions successfully as a condition to achieve better infrastructure project outcomes.
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    Fostering construction firm resilience through persuasive narratives of strategy: a conceptual framework
    (University of the Witwatersrand, Johannesburg, 2024-07) Zungu, Zamageda; Laryea, Samuel; Nkado, Raymond; Laryea, Samuel; Li, Baizhan; Essah, Emmanuel Adu; Mensah, Sarfo; Liu, Hong; Yao, Runming
    Amid macroeconomic, political, environmental and technological disruptions that have previously led to the failure of contracting firms, the construction industry faces the imperative to foster organisational resilience. While contemporary literature proposes diverse strategies to manage these disruptions effectively, it lacks clarity on how these strategies are conceptualised and practically mobilised within contracting organisations. However, a notable deficiency of the literature is that the manner in which these strategies are conceptualised and mobilised persuasively within contracting organisations remain unidentified. This study fills this void by conducting a comprehensive literature review, proposing a conceptual framework on the persuasive mobilisation of organisational resilience strategies within the construction sector. Through the lens of the strategy-as-practice perspective and drawing upon theoretical insights from narrative theory, this research intricately examines the interplay between contextual factors such as industry dynamics, organisational resilience strategies, narrative building blocks, strategic discourse and narrative persuasion. Specifically, this study underscores the significance of narrative infrastructure as the contextual canvas upon which strategic narratives are crafted and enacted. By elucidating the impact of narrative infrastructure on organisational actions and member perceptions, this framework not only advances theoretical understanding but also offers actionable insights for enhancing organisational resilience through strategic narratives. This research contributes to both academia and industry by shedding light on the pivotal role of narrative infrastructure in construction firms and providing pragmatic pathways for leveraging it effectively.
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    Investing in the Future: A Comparative Analysis of Green Technology Investments and Youth Unemployment in the US and South Africa
    (Common Ground, 2024-05-14) Weaich, Malcolm; Weaich, Sherwyn; Simbanegavi, Prisca; Ndlovu, Pride
    This study explores the nuanced relationship between sustainable investments, particularly from entities such as the United States (US), and their impact on unemployment trends in South Africa, contributing to discussions on sustainable development goals (SDGs). Utilizing a quantitative approach with data from sources such as the World Bank and Statistics SA, this study employs statistical and econometric methods to assess the socioeconomic consequences of international sustainability funding. The findings indicate a significant link between US sustainable investments and youth unemployment in South Africa, challenging and reinforcing existing research. It depicts that while foreign investments in green initiatives are crucial, they may inadvertently affect local employment negatively. This study recommends policy adjustments in both US and South African legislation to align foreign investments with SDGs, aiming to mitigate youth unemployment. This study underscores the importance of understanding the implications of international funding conditions on local economies, offering insights for policymakers and scholars to develop strategies that leverage sustainable investments for economic growth and employment opportunities. This study provides a fresh perspective on the dynamics between international investments and local unemployment, offering valuable insights for economic planning and policy formulation in South Africa and across other African nations.
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    Macro Fiscal Review: Reflections on public finances ahead of the 2024 Budget Review
    (Southern Centre for Inequality Studies (SCIS), 2024-02) Amra, Rashaad; Sachs, Michael; Willcox, Owen; Madonko, Thokozile
    This policy note, published before the 2024 Budget Review tabling, reviews global and domestic economic developments and fiscal developments since the 2023 Budget Review and Medium-Term Budget Policy Statement (MTBPS) were tabled. It considers the implications of these developments for public finances and the realisation of the state’s socioeconomic goals. This note discusses emerging expenditure pressures observed in the recent period, which would warrant government to consider in its formulation of the upcoming budget. It assesses government’s key fiscal projections presented in the 2023 MTBPS and Budget Review. And it presents the Public Economy Project’s own updated outlook for public finances – it incorporates updated economic and fiscal data, and adjusted expenditure assumptions. It further discusses the limitations of government’s current approach to fiscal policy, and presents possible adjustments that would allow for a more equitable and sustainable path for public finances.