Entrepreneurship Propensity (EP) is based on an individual’s entrepreneurial mindset and their entrepreneurial intentions. A person with high levels of entrepreneurship propensity believes that they
Based on the systemic (intrinsic and extrinsic) nature of entrepreneurship, there remains a need for interventions related to niche policies and programmes to encourage NVC.
Intrinsic entrepreneurship propensity is based on an individual’s predisposition towards entrepreneurship and their likelihood to persist through the setbacks and failures that are inherent in
The human capital aspects of an entrepreneurship ecosystem rely on education, which is vitally important to address the unemployment crisis in the country. The South
Informal new venture creation is based on entrepreneurship activity that is executed in the informal sector1. In this type of NVC, the motivation behind starting
Research has shown that entrepreneurs are different from non-entrepreneurs and that there is a need for to recognise the diversity among entrepreneurs and their new
A system can be described as being in a certain state, containing “stock”, with inflows (new ventures) and outflows (business failures). At any given time,
We have developed an effective method through which to measure entrepreneurship propensity and determine new venture creation potential, which is based on several years of
South Africa is faced with increasing rates of unemployment which are generally more pronounced in middle-income countries. The youth in particular are facing severe unemployment