Open AccessSmall business incubators: An emerging phenomenon in South Africa’s SMME economy
Author(s) -
Mukovhe Masutha,
Christian M. Rogerson
Publication year - 2014
Publication title -
urbani izziv
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.275
H-Index - 15
eISSN - 1855-8399
pISSN - 0353-6483
DOI - 10.5379/urbani-izziv-en-2014-25-supplement-004
Subject(s) - business , job creation , government (linguistics) , small business , private sector , phenomenon , public policy , entrepreneurship , economic growth , economy , economics , marketing , finance , labour economics , physics , quantum mechanics , linguistics , philosophy
In South Africa much policy attention is focused on the potential of the small, medium and micro-enterprise \ud(SMME) economy for job creation. Nevertheless, despite government support for the SMME economy, high \udmortality rates are experienced by start-up enterprises. In common with international experience South Africa \udhas adopted business incubation as a strategic tool for assisting the survival as well as building the \udcompetitiveness of SMMEs. This article analyses the state of business incubation in South Africa drawing \udattention to marked differences between the groups of public sector business incubators as opposed to those \udbusiness incubators which have been initiated by the private sector. \u