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      South African micro entrepreneurs and resources to overcome entry barriers

      research-article
      Journal of Contemporary Management
      JCMAN
      micro entrepreneurship, resources, South Africa, entry barriers, support

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          Abstract

          Since the demise of Apartheid, much governmental effort has been put into the empowerment of historically disadvantaged micro entrepreneurs in South Africa. This has resulted in the Small Business Act of 1996 and the establishment of Ntsika, a government agency that is responsible for implementing empowerment polices directed at historically disadvantaged entrepreneurs. At the time, an ongoing restructuring of Ntsika takes place and SEDA is founded as the new implementing government organisation that is going to replace Ntsika and will be responsible for all policies that are to directed at entrepreneurs. While much research is being done on this subject, there is still ambiguity on the demand for support of micro entrepreneurs. This paper contributes to the understanding of the relation between micro enterprises, entry barriers, government support and resources from a resource based view. It builds on the concept of stretching resources (Hamel & Prahalad 1993). It defines a number of key resources that are needed to overcome entry barriers that are faced by micro entrepreneurs. Two case descriptions from the Cape Town Area provide a practical application of this framework. Adding to the understanding of micro enterprise start up, this paper also will clarify the specific need for support for micro entrepreneurs.

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          Most cited references29

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          Firm Resources and Sustained Competitive Advantage

          Jay Barney (1991)
          Understanding sources of sustained competitive advantage has become a major area of research in strategic management. Building on the assumptions that strategic resources are heterogeneously distributed acrossfirms and that these differences are stable over time, this article examines the link betweenfirm resources and sustained competitive advantage. Four empirical indicators of the potential of firm resources to generate sustained competitive advantage-value, rareness, imitability, and substitutability-are discussed. The model is applied by analyzing the potential of severalfirm resourcesfor generating sustained competitive advantages. The article concludes by examining implications of this firm resource model of sustained competitive advantage for other business disciplines.
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            A resource-based view of the firm

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              The Competitive Advantage of Nations

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                Author and article information

                Journal
                jcm
                Journal of Contemporary Management
                JCMAN
                JCMAN (Meyerton, Gauteng, South Africa )
                1815-7440
                2006
                : 3
                : 1
                : 43-59
                Affiliations
                [01] orgnameUniversity of Cape Town orgdiv1Graduate School of Business
                Article
                S1815-74402006000100004 S1815-7440(06)00300100004
                b520dfbc-19f0-430c-a6eb-f586d1d8f6c1

                This work is licensed under a Creative Commons Attribution 4.0 International License.

                History
                Page count
                Figures: 0, Tables: 0, Equations: 0, References: 29, Pages: 17
                Product

                SciELO South Africa

                Categories
                Research Articles

                support,resources,micro entrepreneurship,South Africa,entry barriers

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