SPONSORED | witsbschool Entrepreneurship holds much promise if we focus on obtaining a critical mass of small and medium enterprises that are competitive, sustainable and contribute to taxation and job creation.
19 July 2021 - 13:00The MM-ENVC is a research-focused degree which allows prospective entrepreneurs to see the problems they face in terms of the entire entrepreneurial ecosystem in SA.SA’s odds of rapid recovery are stacked against the economy, courtesy of political posturing, policy failure and the effects of the pandemic. To increase the odds, small, medium and micro enterprises need to be at the forefront of such a recovery, says Boris Urban, programme director of the.
He says the entrepreneurial ecosystem is also not favourably structured for the many SA small and medium business owners. SA has a highly inequitable rent-seeking economy where large firms dominate the competitive landscape, hold considerable market power, and erect high entry barriers that often prevent new enterprises from participating meaningfully in the economy.
Entrepreneurship holds much promise if we focus on obtaining a critical mass of small and medium enterprises that are competitive, sustainable and contribute to taxation and job creation. Entrepreneurial behaviour is a learnt skill and the myth that entrepreneurs are born is misleading, Urban says.
Recognising the myriad problems facing entrepreneurs, the MM-ENVC is a research-focused degree which allow prospective entrepreneurs to see more deeply into the problems they face in terms of the entire entrepreneurial ecosystem in SA. Urban says through exposure to the latest and best research available on entrepreneurship, students can capitalise on their entrepreneurial potential by increasing their quotient of entrepreneurial capital.
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