Attitudes of policymakers and entrepreneurs towards enterprise development performance in the construction industry of South Africa
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Date
2015-03-19
Authors
Jogunola, Akiko M.
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Abstract
This study examined the attitudes of entrepreneurs and policy makers towards enterprise development performance as well as explored the perceived constraints to enterprise development in South Africa’s construction sector. For the purpose of this study, attitudes of policymakers were measured on attributes of enterprise development and constraints to enterprise development.
A survey of 120 respondents in the construction sector ranging from policy makers, owners of SMMEs and managers of established large construction firms was conducted on a convenience and purposive basis. The results of the study suggest that the success of enterprise development in South Africa’s construction sector hinges on positive attitudes of all stakeholders while corruption and anti-competitive behaviours of bigger enterprises towards small and medium enterprises were cited as the main bane of enterprise development in the sector. These results correlate findings cited in literature review concerning the phenomena.
The findings of the survey should serve to inform policymakers on strategies which need to be adopted to deepen enterprise development in the construction sector in a manner which benefits black-owned SMMEs. This research paper has established that there is a need for policy makers to align enterprise development opportunities of established organisations to those of developing organisation in SMMEs in the construction industry.
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Thesis (M.M. (Entrepreneurship and New Venture Creation))--University of the Witwatersrand, Faculty of Commerce, Law and Management, Graduate School of Business Administration, 2014.