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The Challenges/Barriers Preventing the South African Youth in Becoming Entrepreneurs: South African Overview

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  • Thobile N Radebe

Abstract

Youth entrepreneurship is commonly measured as a significant determinant of poverty reduction, economic development and job creation but the participation of the youth in entrepreneurship is worrisome. Against this background, this study aims to evaluate the challenges that are preventing the youth in starting their own businesses. A qualitative research approach was adopted to enable the use of secondary data literature. The research methodology was undertaken by systematically reviewing and contextualizing the literature regarding the challenges preventing the youth from participating in entrepreneurship activities. The data was analyzed using thematic content analysis. The results showed that the lack of education, society’s attitude towards youth entrepreneurship, lack of access to finance and a poor entrepreneurship culture are the barriers that prevent youth from engaging in entrepreneurial activities. A policy implication arising from these findings is that there is a need for entrepreneurship education, better support from society and the provision in terms of the easy access to finance.

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  • Thobile N Radebe, 2019. "The Challenges/Barriers Preventing the South African Youth in Becoming Entrepreneurs: South African Overview," Journal of Economics and Behavioral Studies, AMH International, vol. 11(4), pages 61-70.
    • Handle: RePEc:rnd:arjebs:v:11:y:2019:i:4:p:61-70
    DOI: 10.22610/jebs.v11i4(J).2921
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    References listed on IDEAS

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    1. Brent Parton & Alexandria Valerio & Alicia Robb, 2014. "Entrepreneurship Education and Training Programs around the World : Dimensions for Success," World Bank Publications - Books, The World Bank Group, number 18031.
    2. Urmas Varblane & Tõnis Mets, 2010. "Entrepreneurship education in the higher education institutions (HEIs) of post‐communist European countries," Journal of Enterprising Communities: People and Places in the Global Economy, Emerald Group Publishing Limited, vol. 4(3), pages 204-219, August.
    3. Darma Mahadea & Shaun Ramroop and Temesgen Zewotir, 2011. "Assessing entrepreneurship perceptions of high school learners in Pietermaritzburg, KwaZulu-Natal," South African Journal of Economic and Management Sciences, University of Pretoria, Faculty of Economic and Management Sciences, vol. 14(1), pages 66-79, March.
    4. Saphetha Appie Gwija & Chux Gervase Iwu, 2014. "Challenges and Prospects of Youth Entrepreneurship Development in a Designated Community in the Western Cape, South Africa," Journal of Economics and Behavioral Studies, AMH International, vol. 6(1), pages 10-20.
    5. Sebastian Ion CEPTUREANU & Eduard Gabriel CEPTUREANU, 2015. "Challenges And Barriers Of European Young Entrepreneurs," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 7(3), pages 34-58, September.
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    Cited by:

    1. Samson Adeoluwa Adewumi, 2022. "Employment Equity Realisation: Assessing the Bridges and Barriers in the eThekwini Municipality of South Africa," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 11, July.

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