International Business Management

Year: 2017
Volume: 11
Issue: 12
Page No. 2174 - 2181

A Framework for Building a Taxonomy of Entrepreneurial Ventures in the Limpopo Province of South Africa

Authors : Wellington Chakuzira, Armstrong Kadyamatimba and Richard Shambare

Abstract: Over the years, a multiplicity of definitions of entrepreneurship has been proffered. However, most of these definitions are found to be either Eurocentric or Western-oriented and largely devoid of (South) African socio-economic imperatives. Naturally, the manner in which entrepreneurship in South Africa is conceptualised derives from the former definitions. Furthermore, the classification of entrepreneurship ventures in the country is also problematic. This study is therefore, a result of the lack of localised research aimed at understanding entrepreneurship classification dynamics in South Africa. Acknowledging lack of clear entrepreneurial classification in South Africa this study seeks to propose a framework which can be used to develop a taxonomy of entrepreneurial ventures in the Limpopo Province of South Africa. The value of this work is that it is among the first study that seeks to propose a framework (i.e., taxonomy) for classifying entrepreneurship ventures within the South African context. The implication of the study is that it potentially will provide policymakers with valuable tools to understand South African entrepreneurship and the channels of intervention for small business ventures. More so, the framework provides a starting point for researchers and policy makers to further scrutinise entrepreneurship policies and practices. The framework also clarifies the determining attributes of entrepreneurship, government policy and economic development dimensions and their proposed relationships.

How to cite this article:

Wellington Chakuzira, Armstrong Kadyamatimba and Richard Shambare, 2017. A Framework for Building a Taxonomy of Entrepreneurial Ventures in the Limpopo Province of South Africa. International Business Management, 11: 2174-2181.

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