Small business incubators: An emerging phenomenon in South Africa’s SMME economy

In South Africa much policy attention is focused on the potential of the small, medium and micro-enterprise (SMME) economy for job creation. Nevertheless, despite government support for the SMME economy, high mortality rates are experienced by start-up enterprises. In common with international e...

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Bibliographic Details
Published in:Urbani Izziv
Main Authors: Mukovhe Masutha, Christian M. Rogerson
Format: Article
Language:English
Published: Urbanistični inštitut RS 2014-07-01
Subjects:
Online Access:http://urbani-izziv.uirs.si/Portals/uizziv/papers/urbani-izziv-en-2014-25-supplement-004.pdf
Description
Summary:In South Africa much policy attention is focused on the potential of the small, medium and micro-enterprise (SMME) economy for job creation. Nevertheless, despite government support for the SMME economy, high mortality rates are experienced by start-up enterprises. In common with international experience South Africa has adopted business incubation as a strategic tool for assisting the survival as well as building the competitiveness of SMMEs. This article analyses the state of business incubation in South Africa drawing attention to marked differences between the groups of public sector business incubators as opposed to those business incubators which have been initiated by the private sector.
ISSN:0353-6483
1855-8399