Management of small and medium enterprise (SME) development : an analysis of stumbling blocks in a developing region

Meyer, D. F.; Meyer, N.

doi:10.17512/pjms.2017.16.1.11

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Tytuł artykułu

Management of small and medium enterprise (SME) development : an analysis of stumbling blocks in a developing region

Autorzy

Meyer D. F. , Meyer N.

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DOI

10.17512/pjms.2017.16.1.11

Warianty tytułu

Zarządzanie rozwojem małych i średnich przedsiębiorstw (MŚP) : analiza ograniczeń w regionie rozwijającym się

Języki publikacji

Abstrakty

Globally, small and medium enterprises (SMEs) contribute significantly to economic growth and development. Yet, various stumbling blocks exist that hinder SMEs growth and development. South Africa is no different and with the current level of economic and political instability, local SMEs are struggling to achieve their full potential. The aim of this study is to identify and analyse the stumbling blocks preventing business success in a developing region in South Africa taking into account the local developmental environment and management factors. The study region selected is the Vaal-Triangle region, which is located south of Johannesburg in the Gauteng Province, South Africa. This study followed a quantitative descriptive cross-sectional research design using two scales namely the SME stumbling block scale and the Enabling Developmental Environment Scale (EDES). A non-probability convenience sample of 386 small business owners were included. Data analysis included descriptive frequencies, Principal Component Analysis (PCA) and Pearson’s correlation analysis. Results from the PCA returned five factors. Results indicated the three main stumbling blocks restricting business growth were recession and slow growth conditions, weak and volatile exchange rate and high inflation rates. The correlation results indicated several significant relationships between the various factors. For SME growth, an integrated multiple-sectoral approach is required.

W skali globalnej małe i średnie przedsiębiorstwa (MŚP) w znacznym stopniu przyczyniają się do wzrostu gospodarczego i rozwoju. Istnieją jednak różnego rodzaju ograniczenia utrudniające wzrost i rozwój MŚP. Republika Południowej Afryki nie jest w tej kwestii inna, a przy obecnym poziomie niestabilności gospodarczej i politycznej lokalne MŚP walczą o osiągnięcie pełnego potencjału. Celem badania było zidentyfikowanie i przeanalizowanie przeszkód uniemożliwiających osiągnięcie sukcesu biznesowego w rozwijającym się regionie Afryki Południowej, z uwzględnieniem lokalnego środowiska i czynników zarządzania. Badaniem objęto region trójkąta przemysłowego Vaal, który znajduje się na południe od Johannesburga w prowincji Gauteng w Republice Południowej Afryki. W badaniu zastosowano ilościowo opisowy, przekrojowy projekt badawczy, wykorzystujący dwie skale, skalę ograniczeń małych i średnich przedsiębiorstw oraz skalę środowiska sprzyjającego rozwojowi (EDES). W próbie uwzględniono 386 właścicieli małych firm, próbki pobrano bez prawdopodobieństwa. Analiza danych obejmowała częstotliwości opisowe, analizę głównych składowych (PCA) oraz analizę korelacji Pearsona. Wyniki analizy głównych składowych wskazały pięć czynników. Wyniki wskazały, że głównymi przeszkodami ograniczającymi wzrost działalności gospodarczej były: recesja i powolne warunki wzrostu, słaby i zmienny kurs walutowy oraz wysokie stopy inflacji.

Słowa kluczowe

management small and medium enterprises stumbling blocks Vaal-Triangle South Africa

zarządzanie małe i średnie przedsiębiorstwa ograniczenia trójkąt przemysłowy Vaal Południowa Afryka

Wydawca

Czestochowa University of Technology

Czasopismo

Polish Journal of Management Studies

Rocznik

2017

Tom

Vol. 16, No. 1

Strony

127--141

Opis fizyczny

Bibliogr. 42 poz., tab.

Twórcy

autor

Meyer D. F.

Daniel.meyer@nwu.ac.za

North-West University, Faculty of Economic and Management Sciences, South Africa

autor

Meyer N.

Natanya.meyer@nwu.ac.za

North-West University, Faculty of Economic and Management Sciences, South Africa

Bibliografia

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Uwagi

Opracowanie ze środków MNiSW w ramach umowy 812/P-DUN/2016 na działalność upowszechniającą naukę (zadania 2017).

Typ dokumentu

Bibliografia

Identyfikator YADDA

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