Factors contributing to growth expectations of African entrepreneurs

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dc.contributor.authorAlemayehu, B.Z.
dc.contributor.authorVan Vuuren, J.
dc.contributor.authorGroenewald, D.
dc.contributor.conference11th International Business Conference (IBC) (24 Sep 2017 - 27 Sep 2017 : Dar Es Salaam, Tanzania)
dc.date.issued2017
dc.description.abstractDespite the consensus regarding the importance of business with growth expectations, there are limited studies that explore factors that induce and are associated with growth expectations of entrepreneurs. The gap particularly becomes worse when considering the growth expectations of African Total Entrepreneurial Activity (TEA). This paper, examines the relationship between growth expectations of TEA in Africa with new product development and international business orientation, and type of entrepreneurship with the view of addressing the gap and encouraging future academic discourse. Six years of GEM data of four African countries were used. The major finding was that growth expectations of African TEA are strongly correlated with new product orientation and international business orientation. Contrary to previous research it was found that growth expectations and type of entrepreneurship (opportunity and necessity entrepreneurship) have no statistically significant association. Moreover, the result upholds the virtuous circle relationship between new product and international business orientations established by previous studies.
dc.description.statementofresponsibilityBinyam Z. Alemayehu, Jurie van Vuuren, Darelle Groenewald
dc.identifier.citationProceedings of 11th the International Business Conference Proceedings (2017 IBC), 2017, vol.11, pp.1350-1366
dc.identifier.isbn9780620780056
dc.identifier.orcidAlemayehu, B.Z. [0000-0002-1161-2737]
dc.identifier.urihttp://hdl.handle.net/2440/128556
dc.language.isoen
dc.publisherNorth-West University
dc.publisher.placePotchefstroom, South Africa
dc.rightsCopyright IBC
dc.source.urihttp://ibc-conference.com/2017-ibc/
dc.subjectgrowth expectation; African entrepreneurs; new product development; international business orientation
dc.titleFactors contributing to growth expectations of African entrepreneurs
dc.typeConference paper
pubs.publication-statusPublished

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