SMEs - South African SMEs and development capital
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Free PDF Download SMEs and entrepreneurs in Africa - By Dr. Rob Smorfitt |
Black people in South Africa were severely disadvantaged in South Africa as a result of Apartheid. As a consequence they are given preference in many areas, as they should be.
However, economically speaking, entrepreneurs are found everywhere, and they should all be encouraged and assisted to succeed, because it is the successful ones that continue to grow, who will generate the jobs necessary to reduce unemployment. Unemployment has impacted most on the black people of South Africa, and these jobs would be of importance to them.
Survivalist entrepreneurs are often not entrepreneurs but rather economic refugees who have no choice as they are often unemployable in the formal sector for educational and literacy reasons. There are also many of these people, who are a direct product of the Apartheid government. However, the government needs to look beyond this problem.
There are many entrepreneurs in this country who are not survivalists, but rather have a genuine entrepreneurial bent, who are currently excluded from the government interventions. We are missing a massive opportunity to create jobs for those who are unable to find employment.
Rob Smorfitt
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About the Author: Dr. Rob Smorfitt RSS for Dr. Rob's articles - Visit Dr. Rob's website Have an MBA and a PhD in entrepreneurship. Three key areas of ongoing research are entrepreneurship and innovation in large business strategy, the impact of legislation on SME development and SME finance. Run my own SME blog at http://sme-smb-smme.blogspot.com as well as an entrepreneurship and innovation for large businesses blog at http://innoveur.blogspot.com. I have been self-employed since 1982. I have started or purchased in excess of 50 businesses since then. Most were sold again and a few were shut down because of a lack of profitability. Many were run by staff or family while I worked full time in my bigger businesses. Author of 6 books. Written articles for various magazines, newspapers and websites. Experienced in research within developing countries. Click here to visit Dr. Rob's website. SMEs my PhD topic and African context SMEs the African opportunity that is been squandered SMEs SMEs struggling in South Africa Why SMEs why compliance models work in Africa SMEs Trends to watch for new business opportunities over the next decade or two |
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