A focus on human capital in commercial and social entrepreneurship

Abstract

Orientation: Critical reading on the aspects of human capital literature receives limited contributions to truly comprehend their effect on entrepreneurship activity, especially in a developing country, like South Africa. Although human capital theory is a key theme in entrepreneurship research, it has been acknowledged that the domain requires more attention to fully understand it. Research purpose: The purpose of this study is to establish the influence of human capital across various occupational preferences. Motivation for the study: Many from individual level to firm level in developing countries do not understand the effect of human capital aspects on entrepreneurship activity. Research design, approach and method: The empirical analysis of the study is cross-sectional, based on the data from the primary survey. Correlation and regression analysis was used for hypothesis testing. Main findings: The results indicated that human capital aspects have no significant relationship with entrepreneurial activity. Implication of the study: This empirical study extends the current knowledge on the effect of human capital aspects on entrepreneurship activities in a unique, culturally diverse country. like South Africa.