Matches in SemOpenAlex for { <https://semopenalex.org/work/W1608284637> ?p ?o ?g. }
- W1608284637 abstract "Using a triangulation of three methods, we devise a framework for the acquisition of the resources vital for the start-up of a business in South Africa. Against the backdrop of the fact that numerous challenges prohibit African immigrants from starting a business, let alone growing the business, we set out to investigate how those who succeed acquired the necessary resources. Within the quantitative paradigm, the survey questionnaire was usedto collect and analyze the data. To compliment the quantitative approach, personal interviews and focus groups were utilised as the methods within the qualitative approachparadigm. The research revealed that an African immigrant entrepreneur is most likely to be a male between the ages of 19 and 41 who has been forced to immigrate by politicalcircumstances. Once in South Africa, limited job opportunities forced these immigrants into starting-up a business. In order of importance, financial, informational, human and physical, resources were identified as being critical for the start-up a business. With respectto the acquisition of resources, African immigrant entrepreneurs unwillingly made use of personal savings to finance their businesses during the start-up phase of the business. Financial resource played a double role in that it determined the main sources of physical resources used. From a human resource perspective, African immigrant entrepreneurs preferred employing South Africans during the start-up phase of the business, and the reverse was true during the growth phase. To a limited extent family labour was involved at both the start-up as well as the operation phases of the business; with formal education andprior experience playing an indirect role as far as the human resources mixed were concerned. In terms of information, African immigrant entrepreneurs made use of twoprimary sources of information namely; their ethnic networks and friends from somewhereelse." @default.
- W1608284637 created "2016-06-24" @default.
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- W1608284637 date "2011-01-01" @default.
- W1608284637 modified "2023-09-28" @default.
- W1608284637 title "A framework for acquiring the resources vital for the start-up of a business in South Africa: an African Immigrant's Perspective" @default.
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