Analysis of Factors Influencing Green Entrepreneurship in South Africa
Mukonza, Chipo (2016). Analysis of Factors Influencing Green Entrepreneurship in South Africa. UNU-INRA Working Paper. United Nations University Institute for Natural Resources in Africa.
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Sub-type Working paper Author Mukonza, Chipo Editor Yong Nje, Dorothé
Nutakor, PraiseTitle Analysis of Factors Influencing Green Entrepreneurship in South Africa Series Title UNU-INRA Working Paper Volume/Issue No. 20 Publication Date 2016-12-15 Place of Publication Accra Publisher United Nations University Institute for Natural Resources in Africa Pages VII, 31 Language eng Abstract The 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 paper 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, examining factors that influence green entreprenuership activities. 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 paper 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. Copyright Holder United Nations University Institute for Natural Resources in Africa Copyright Year 2016 Copyright type Fair use permitted ISBN 978998863318 -
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