4. Presentation outline
• Introduction and Background
• Problem Statement
• Significance of the study
• Methodology
• Ethical considerations
• Concluding statements
5. Introduction
• South Africa, unlike other developing countries, is
classified as one of the best performing economies in
Africa.
• Unfortunately the economic growth of the country
continues to be limited by the general constraints of the
small business sector.
6. Introduction Cont.
• The unemployment rate In South Africa (SA) has
decreased insignificantly in the last few years whereas
the youth unemployment rate is continuously on the
rise (Trading Economics, 2015).
• As such the current situation of youth unemployment
and lack of participation in the mainstream economy
remains an obstacle In SA.
7. Problem statement
• South Africa has an urbanising, youthful population.
This presents an opportunity to;
• boost economic growth, increase employment and
reduce poverty (NDP, 2030).
• However, the youth of SA are on the periphery of the
economic activities in comparison to other countries.
8. Research objectives
• To determine initiatives that can assist the youth
participate in entrepreneurship.
• To identify the barriers faced by existing tourism
entrepreneurs, and how these can be overcome to
ensure success and sustainability.
9. Objectives Cont.
• To determine the level of awareness of
entrepreneurship by the youth
• To make recommendations for the enhancement and
improvements on tourism and hospitality
entrepreneurship support, based on perceived barriers
identified in the sector.
10. • Globally small businesses are major contributors to
economic growth and employment.
• However, the frequency at which entrepreneurial
activities have failed in South Africa is well
documented in the Global Entrepreneurship Monitor
(GEM).
Significance of the study
11. Methodology
• Research design: Mixed Method
• Qualitative-quantitative methods and literature
Study population: 267 000 (Census, 2011)
• Representative sample (n= 384)
• Structured questionnaires to be administered face to
face
• Sampling techniques: 1. Snowballing Technique
12. Methodology cont.
• Methods of data collection:
1. Primary data- to be collected through administering
questionnaires to respondents
2. Secondary data- to be collected from books, articles,
journals and government documents, that are in relation
to the research
• Data analysis: Statistical Package for Social Science
(SPSS) _ Version 21
13. Ethical considerations
• Voluntary participation
• Clarity that no harm may be endured by respondents in
participating in the study
• Refrain from deception
• Practise confidentiality
Breaking the cycle of poverty, unemployment and squalor and increasing business opportunities for youth to participate meaningfully in the economic landscape remain a challenge for South Africa (Department of Trade and Industry, 2009).
These small businesses, for instance, contribute at least 35% to the Gross Domestic Product (GDP), generate 40% of all forms of economic activities, in addition to creating an employment capacity of 50%. (Rwigema & Venter, 2008:10; Perks & Struwig, 2005:171; Berry, Von Blottnitz, Cassim, Kesper, Rajaratnam & Van Seventer, 2002:4; Cornwall & Naughton, 2003:61).
According to GEM report (2006), entrepreneurial activities in South Africa have shown a gradual decline over the years compared to other developing countries. Due to rampant failure of entrepreneurial activities, it was impossible to sustain the existing level of economic growth and job opportunities of the country (Maas & Herrington, 2006).