IDEAS home Printed from https://ideas.repec.org/a/dug/actaec/y2018i5p73-85.html
   My bibliography  Save this article

A Comparative Approach to Assess the Impact of Supporting Institutions’ Training on SMMEs

Author

Listed:
  • Refiloe Gladys Khoase

    (University of KwaZulu-Natal)

  • Given Mutinta

    (University of KwaZulu-Natal)

  • Brian McArthur

    (University of KwaZulu-Natal)

Abstract

The aim of this paper is to assess the impact of training opportunities offered by public and private supporting institutions on the start-up and growth of Small, Medium and Micro Enterprises (SMMEs). This paper adopts a comparative, quantitative research approach and highlights the perceptions of the Lesotho and South Africa’s SMMEs vis-a-vis training opportunities provided by local supporting institutions. Findings reveal that entrepreneurs in Maseru, Lesotho mostly rely on selflearning, while most entrepreneurs in Pietermaritzburg, South Africa acquired entrepreneurial skills through attending training lessons offered by the supporting institutions. Although the findings reveal that there is a positive correlation between providing training and relevance of the training to the current needs of SMMEs, only fewer SMMEs in Maseru indicated that the training they received was relevant to their needs. However, in Pietermaritzburg, slightly above half of the respondents indicated that the training received is relevant to their business needs. The findings further reveal that there is a significant effect of receiving training on business growth. The respondents who did not receive any training had the lowest overall business growth while those who received training from government have the highest overall growth. In light of the findings, this paper recommends monitoring and evaluation of the training services and involvement of SMME owners in the design of the training programs to ensure that the training opportunities are relevant to the current needs of the SMMEs.

Suggested Citation

  • Refiloe Gladys Khoase & Given Mutinta & Brian McArthur, 2018. "A Comparative Approach to Assess the Impact of Supporting Institutions’ Training on SMMEs," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 14(5), pages 73-85, OCTOBER.
    • Handle: RePEc:dug:actaec:y:2018:i:5:p:73-85
    as

    Download full text from publisher

    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/4716/4582
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jacint Jordana & David Levi-Faur (ed.), 2004. "The Politics of Regulation," Books, Edward Elgar Publishing, number 3167.
    2. M. Wright & S. Marlow, 2012. "Entrepreneurial Activity in the Venture Creation and Development Process," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 12/799, Ghent University, Faculty of Economics and Business Administration.
    3. Refiloe G Khoase & Krishna K Govender, 2013. "Enhancing small, medium and micro enterprise development: Exploring selective interventions by the Lesotho government," Development Southern Africa, Taylor & Francis Journals, vol. 30(4-5), pages 596-615, December.
    4. Hausman , Daniel M., 2008. "Market Failure, Government Failure, and the Hard Problems of Cooperation," Ethics and Economics, CREUM, Université de Montréal, vol. 6(1), pages 1-6.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Refiloe Gladys Khoase & Patrick Ndayizigamiye, 2018. "Analysing the Role and Impact of Public and Private Supporting Institutions Interventions on SMMEs Access to Funding: A Comparative Study between Lesotho and South Africa," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 14(4), pages 58-71, AUGUST.
    2. Lise Aaboen & Hans Löfsten, 2015. "International new ventures localised in incubators - markets, resources and dynamic environment," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 7(1), pages 24-46.
    3. Onyeka Osuji, 2011. "Fluidity of Regulation-CSR Nexus: The Multinational Corporate Corruption Example," Journal of Business Ethics, Springer, vol. 103(1), pages 31-57, September.
    4. Isik Ozel, 2012. "The politics of de‐delegation: Regulatory (in)dependence in Turkey," Regulation & Governance, John Wiley & Sons, vol. 6(1), pages 119-129, March.
    5. Peter J. May, 2007. "Regulatory regimes and accountability," Regulation & Governance, John Wiley & Sons, vol. 1(1), pages 8-26, March.
    6. Braithwaite, John, 2006. "Responsive regulation and developing economies," World Development, Elsevier, vol. 34(5), pages 884-898, May.
    7. Marc Quintyn, 2009. "Independent agencies: more than a cheap copy of independent central banks?," Constitutional Political Economy, Springer, vol. 20(3), pages 267-295, September.
    8. Jacint Jordana & Xavier Fernández‐i‐Marín & Andrea C. Bianculli, 2018. "Agency proliferation and the globalization of the regulatory state: Introducing a data set on the institutional features of regulatory agencies," Regulation & Governance, John Wiley & Sons, vol. 12(4), pages 524-540, December.
    9. Vlad Tarko & Kyle O’Donnell, 2019. "Escape from Europe: a calculus of consent model of the origins of liberal institutions in the North American colonies," Constitutional Political Economy, Springer, vol. 30(1), pages 70-95, March.
    10. Wafula, Francis & Molyneux, Catherine & Mackintosh, Maureen & Goodman, Catherine, 2013. "Protecting the public or setting the bar too high? Understanding the causes and consequences of regulatory actions of front-line regulators and specialized drug shop operators in Kenya," Social Science & Medicine, Elsevier, vol. 97(C), pages 220-227.
    11. Kathryn Furlong, 2012. "Good Water Governance without Good Urban Governance? Regulation, Service Delivery Models, and Local Government," Environment and Planning A, , vol. 44(11), pages 2721-2741, November.
    12. Hubert Buch‐Hansen, 2012. "The political economy of regulatory change: The case of British merger control," Regulation & Governance, John Wiley & Sons, vol. 6(1), pages 101-118, March.
    13. Büthe Tim, 2010. "Private Regulation in the Global Economy: A (P)Review," Business and Politics, De Gruyter, vol. 12(3), pages 1-40, October.
    14. Dubash, Navroz K. & Rao, D. Narasimha, 2008. "Regulatory practice and politics: Lessons from independent regulation in Indian electricity," Utilities Policy, Elsevier, vol. 16(4), pages 321-331, December.
    15. Borrás, Susana & Edquist, Charles, 2013. "The choice of innovation policy instruments," Technological Forecasting and Social Change, Elsevier, vol. 80(8), pages 1513-1522.
    16. Frans Van Waarden & Youri Hildebrand, 2009. "From corporatism to lawyocracy? On liberalization and juridification," Regulation & Governance, John Wiley & Sons, vol. 3(3), pages 259-286, September.
    17. John Braithwaite & Cary Coglianese & David Levi‐Faur, 2007. "Can regulation and governance make a difference?," Regulation & Governance, John Wiley & Sons, vol. 1(1), pages 1-7, March.
    18. Li He & Yang Cheng & Xuejie Su, 2020. "Research on the Sustainability of the Enterprise Business Ecosystem from the Perspective of Boundary: The China Case," Sustainability, MDPI, vol. 12(16), pages 1-16, August.
    19. Shiufai Wong, 2013. "Varieties of the Regulatory State and Global Companies: the Case of China," Global Policy, London School of Economics and Political Science, vol. 4(2), pages 173-183, May.
    20. Thomas Lechat & Olivier Torrès, 2017. "Stressors and satisfactors in entrepreneurial activity: an event-based, mixed methods study predicting small business owners' health," Post-Print hal-04012050, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dug:actaec:y:2018:i:5:p:73-85. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Daniela Robu (email available below). General contact details of provider: https://edirc.repec.org/data/fedanro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.