Advanced Search
MyIDEAS: Login to save this article or follow this journal

The effects of entrepreneurial quality on the success of small, medium and micro agri-businesses in KwaZulu-Natal, South Africa

Contents:

Author Info

  • Darroch, Mark A.G.
  • Clover, T.A.
Registered author(s):

    Abstract

    This paper estimates a logit model of the effects of entrepreneurial quality on business success in a stratified random sample of 44 small, medium and micro enterprise (SMME) agribusiness owners financed by Ithala Development Finance Corporation, using loan repayment as a proxy for success. These owners were surveyed during October 2003-February 2004 and asked to score four components of entrepreneurial quality identified by Guzman and Santos (2001): preference for working as self-employed, motivation type, energizer behaviours, and personal and external factors. The results show that strong energizer behaviours (such as current and planned business expansion and staff training), more business experience, and family assistance to become an entrepreneur, promote loan repayment, while lack of access to electricity (proxy for lack of access to services) negatively affects loan repayment. Policymakers and public and private financial institutions could give more attention to these factors when implementing policies to promote access to finance by, and the growth of, agribusiness SMMEs.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://purl.umn.edu/31723
    Download Restriction: no

    Bibliographic Info

    Article provided by Agricultural Economics Association of South Africa (AEASA) in its journal Agrekon.

    Volume (Year): 44 (2005)
    Issue (Month): 3 (September)
    Pages:

    as in new window
    Handle: RePEc:ags:agreko:31723

    Contact details of provider:
    Email:
    Web page: http://www.aeasa.org.za/
    More information through EDIRC

    Related research

    Keywords: Agribusiness;

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Herron, Lanny & Robinson, Richard Jr., 1993. "A structural model of the effects of entrepreneurial characteristics on venture performance," Journal of Business Venturing, Elsevier, vol. 8(3), pages 281-294, May.
    2. Cecile Nieuwenhuizen & Jaap Kroon, 2003. "The relationship between financing criteria and the success factors of entrepreneurs in small and medium enterprises," Development Southern Africa, Taylor & Francis Journals, vol. 20(1), pages 129-142.
    3. Mashatola, M.C. & Darroch, Mark A.G., 2003. "Factors affecting the loan status of sugarcane farmers using a graduated mortgage loan repayment scheme in KwaZulu-Natal," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 42(4), December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ags:agreko:31723. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.