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Entrepreneurship Development, Innovation and Township Economy in South Africa

Author

Listed:
  • Ziyane, Barbara
  • Arogundade, Sodiq
  • Osei-Assibey, Kwame

Abstract

South Africa still grapples with high unemployment, poverty, economic exclusion, and inequality nearly three decades after apartheid ended. Available statistics suggest the presence of hydra-headed issues of poverty, inequality, and unemployment in townships and informal settlements in the country. One primary tool acknowledged by many stakeholders towards addressing these issues is the development of small, medium, and micro-sized enterprises (SMMEs) through entrepreneurship development. Thus, this study assesses the socio-economic impact of the eKasiLab programme in the Gauteng province, South Africa. In achieving this objective, a combination of qualitative (semi-structured key informant interviews) and quantitive (Propensity Score Matching (PSM) and textual analysis) approaches were adopted. Results from the analysis show that the ekasiLab programme has significantly improved the entrepreneurship development of beneficiaries – treated/control group, despite notable challenges. The impact could be observed in business growth, productivity improvement, job creation and welfare improvement of the control group.

Suggested Citation

  • Ziyane, Barbara & Arogundade, Sodiq & Osei-Assibey, Kwame, 2023. "Entrepreneurship Development, Innovation and Township Economy in South Africa," MPRA Paper 117657, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:117657
    as

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    File URL: https://mpra.ub.uni-muenchen.de/117657/1/eKasiLab_%20Academic%20Paper_16_06_2023%20.pdf
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    References listed on IDEAS

    as
    1. Solomon Akpoviroro Kowo & Olusegun Adeleke Oba Adenuga & Olalekan Owotutu Sabitu, 2019. "The role of SMEs development on poverty alleviation in Nigeria," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 1(3), pages 214-226, September.
    2. Solomon Akpoviroro Kowo & Olusegun Adeleke Oba Adenuga & Olalekan Owotutu Sabitu, 2019. "The role of SMEs development on poverty alleviation in Nigeria," Post-Print hal-02188849, HAL.
    3. Faiza Manzoor & Longbao Wei & Mohammad Nurunnabi & Qazi Abdul Subhan, 2019. "Role of SME in Poverty Alleviation in SAARC Region via Panel Data Analysis," Sustainability, MDPI, vol. 11(22), pages 1-14, November.
    4. repec:agr:journl:v:4(593):y:2014:i:4(593):p:67-80 is not listed on IDEAS
    5. Lara Al-Haddad & Muhammad Safdar Sial & Imdad Ali & Rahmat Alam & Nguyen Vinh Khuong & Thai Hong Thuy Khanh, 2019. "The Role of Small and Medium Enterprises (SMEs) in Employment Generation and Economic Growth: A Study of Marble Industry in Emerging Economy," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 10(6), pages 174-187, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    small; medium; and micro-sized enterprises; eKasiLab programme; township economy; innovation; propensity score matching; textual analysis; South Africa.;
    All these keywords.

    JEL classification:

    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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