Please use this identifier to cite or link to this item: http://hdl.handle.net/11189/5632
Title: The conduciveness of the South African economic environment and small, medium and micro enterprise sustainability: a literature review
Authors: Bruwer, Juan-Pierre 
van Den Berg, A 
Keywords: Small;medium and micro enterprises;SMMEs;South Africa;economic environment;economic factors;failure
Issue Date: 2017
Publisher: Expert Journals
Source: Bruwer, J.P. & van Den Berg, A. 2017. The conduciveness of the South African economic environment and small, medium and micro enterprise sustainability: a literature review. Expert Journal of Business and Management, 5(1): 1-12.
Abstract: Since the early 1980s Small, Medium and Micro Enterprises (SMMEs) have been regarded as the driving forces of both developing and developed economies around the world. In a South African dispensation, SMMEs are responsible for adding imperative socio-economic value to the country, particularly in terms of eradicating poverty and diminishing unemployment levels. By doing so, these business entities are believed to contribute at least 50% to the national Gross Domestic Product. Albeit the aforementioned, previous research studies report that up to 75% of South African SMMEs fail after being in existence for only 42 months. Though the latter dispensation has been blamed on many economic factors, over the years the sustainability of South African SMMEs has not improved to a great extent. In order to provide insight on the latter dispensation, this literature review paper was conducted to ultimately formulate two hypotheses for further empirical testing.
URI: http://hdl.handle.net/11189/5632
ISSN: 2344-6781
Appears in Collections:Dr. Juan-Pierré Bruwer

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