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An Analysis of Factors Influencing Green Entrepreneurship Activities in South Africa

In: Inclusive Green Growth

Author

Listed:
  • Chipo Mukonza

    (Institute for Corporate Citizenship: Exxaro Business and Climate Change, UNISA)

Abstract

South African government recognizes the importance and the contribution played by entrepreneurs in the country. With the advent of green economy, wide opportunities have been opened up for green entrepreneurs in the country. Consequently, policies, strategies and institutions have been established to support green entrepreneurship activities in the country. The study seeks to examine and investigate factors affecting green entrepreneurship activities in South Africa. It employed a mixed method approach; the study interviewed 103 green entrepreneurs. Also, in-depth interviews, key informants, observations and comprehensive literature review were carried out for triangulation purposes. The study established that the adoption of environmentally responsible business practices has opened up an additional range of opportunities for entrepreneurs. Enterprising individuals and organizations have established numerous niches that include the development of new products, new practices of doing business, recycling and energy efficiency among other things. However, there are also some factors that are hindering the robust development of green entrepreneurship in the country. Factors such as access to funding, knowledge, competence, information access and government and private sector support are critical to sustaining green entrepreneurship. The findings are limited by the study’s exploratory, quantitative nature and small sample. The study recommends that for green entrepreneurship to be a driving force in the overall transition to a green economy, legislation, government regulation and industry support agencies, all have a role in shaping them.

Suggested Citation

  • Chipo Mukonza, 2020. "An Analysis of Factors Influencing Green Entrepreneurship Activities in South Africa," Advances in African Economic, Social and Political Development, in: Calvin Atewamba & Dorothé Yong Ngondjeb (ed.), Inclusive Green Growth, chapter 0, pages 47-67, Springer.
    • Handle: RePEc:spr:aaechp:978-3-030-44180-7_3
    DOI: 10.1007/978-3-030-44180-7_3
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    Cited by:

    1. Anas A. Makki & Hisham Alidrisi & Asif Iqbal & Basil O. Al-Sasi, 2020. "Barriers to Green Entrepreneurship: An ISM-Based Investigation," JRFM, MDPI, vol. 13(11), pages 1-17, October.
    2. Marco Savastano & Altaf Hussain Samo & Nisar Ahmed Channa & Carlo Amendola, 2022. "Toward a Conceptual Framework to Foster Green Entrepreneurship Growth in the Agriculture Industry," Sustainability, MDPI, vol. 14(7), pages 1-16, March.
    3. Ayman Abdalmajeed Alsmadi & Marwan Alzoubi, 2022. "Green Economy: Bibliometric Analysis Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 282-289, March.

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