The State of Entrepreneurship in South Africa: Black vis-a-vis White Entrepreneurs

2

Early GEM research (GEM South African Report, 2005 and 2010) indicated that there is a strong relationship between population groups and entrepreneurial activity.

Whites and Indians were more likely to start a business than were coloureds and black Africans. However, subsequent research (GEM South African Report, 2008) showed that this difference did not exist when all races had received post-secondary education.

This clearly illustrates the importance of both good secondary and, in particular, tertiary education.

Very encouraging is that the percentage of black Africans who are involved in opportunity-driven entrepreneurship has been increasing steadily, from 22.9% in 2005 to 58.3% in 2013.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s