The impact of entrepreneurial mind-set on cross border trade of small medium enterprise manufacturers in Gauteng Province

Abstract

The purpose of this study was to measure the impact of the entrepreneurial mind-set of entrepreneurs on cross border trade (exporting) and to measure how this affected performance of the SMEs within the manufacturing sector in the Gauteng Province. It is argued that positive entrepreneurial mind-set and understanding perceived constraints of SMEs on cross border trade are determinants of successful entrepreneurship that could contribute to sustainable economic development in South Africa.

The study explored the impact of entrepreneurial mind-set on cross border trade of small medium enterprises focussing on manufacturing sector in the Gauteng Province, South Africa. This was survey based empirical study of 120 respondents involved in the manufacturing industry. A descriptive quantitative method was used to address the proposed relationships between measuring metrics and growth of these enterprises. The instrument was checked for validity and reliability: the variables were operationalised and measured against multi- dimensional scales. Analysis for the proposed relationships were measured using multiple regression and correlation analysis.

The finding of the research The study also contributed towards the body of literature on entrepreneurship strategy formulation at the SMES level that potentially may promote better strategy implementation by policymakers. It contributed to the existing body of knowledge by providing new findings on the impact of entrepreneurial mind-set on cross border trade amongst SMEs in manufacturing sectorin the Gauteng Province. The study also provided solutions to the declining output in the manufacturing sector. The research findings contributed to the basis for further study to other researchers to follow around the impact of entrepreneurial mind-set on cross border trade