South Africa has an alarming unemployment rate of approximately 32.1%. Solutions have been elusive. The unemployment rate has been consistently high for decades.
Our research has revolved around entrepreneurship. We have examined the “liability of newness” related to small and medium scale enterprises and entrepreneurial development in general. In particular, we’ve looked at the differences between very new small and medium scale businesses, and those that have established themselves in the market place. Our aim has been to understand vulnerabilities, and what support is needed to ensure longevity.
In a recent study, we examined the relationship between globalisation – the integration and interconnectedness of economies, societies and cultures across the world – the development of entrepreneurship in South Africa, and unemployment.
