Exploring the Influence of Intrinsic Motivation on Entrepreneurial Creativity and Growth in Manufacturing SMEs |Chapter 10 | Economics and Entrepreneurship: The Proceedings of the 10th International Conference on Business and Management Dynamics (ICBMD), Edition 1

Intrinsic motivation, entrepreneurial creativity, business growth, SMEs, eThekwini District Municipality, South AfricaSmall and medium-sized enterprises (SMEs) play a vital role in driving economic growth, fostering innovation, and generating employment opportunities, especially in emerging economies like South Africa. Recognizing the pivotal role of intrinsic motivational factors in SMEs, success is imperative, as they are increasingly recognized as fundamental determinants of entrepreneurial creativity and growth within this sector. Despite considerable research on intrinsic motivation's impact on creativity and innovation, its specific implications for South African SMEs remain largely unexplored. Drawing upon Self-Determination Theory (SDT), this quantitative study looks into the relationship between intrinsic motivational factors, entrepreneurial creativity, and business growth within the eThekwini District Municipality's Manufacturing SMEs. Through a quantitative study, this research explores the relationship between intrinsic motivational factors, entrepreneurial creativity, and business growth within the eThekwini District Municipality Manufacturing SMEs. A comprehensive questionnaire was administered to 68 SME owners to collect survey data, the research investigates how intrinsic motivation influences creativity and subsequent business growth. The findings underscore the significance of intrinsic motivation in driving creativity, with respondents perceiving it as essential for unlocking creative potential. Moreover, the study highlights the association between self-motivation and heightened creativity, supported by statistical analyses. Notably, SME owners' willingness to take risks is found to be significantly related to business growth, emphasising the strategic importance of intrinsic motivation in fostering entrepreneurial success and advancing national economic goals. By clarifying the mechanisms through which intrinsic motivation drives SME prosperity, this research provides valuable insights for policymakers and stakeholders seeking to support SME development and contribute to South Africa's economic advancement.

 

Author (s) Details

Thandukwazi Richman Ncube
Durban University of Technology, South Africa.

 

Please see the book here:- https://doi.org/10.9734/bpi/mono/978-93-49238-53-4/CH10

Examining Financial Accessibility and Business Growth of Street Vendors in Raymond Mhlaba Municipality, Eastern Cape, South Africa | Chapter 15 | Managing Higher Education and Enterprises in Developing Countries Beyond COVID-19: Proceedings of the 9th International Conference on Business and Management Dynamics

South Africa’s high unemployment remains one of the major challenges for the government. The primary objective of this research is to investigate the financial accessibility and business growth of the street vendors in Raymond Mhlaba Municipality. Data was collected using questionnaires with a sample size of 50 respondents. Data collected were analyzed with SPSS using correlation techniques to explain the existing relationship between the variables. Additionally, the descriptive analysis was applied for the intention of analyzing the composition of the sample. The results indicated that there is a statistically significant positive relationship between financial support and the growth of street vendors. Further on, there is a statistically significant positive relationship between financial support and the purported benefits of street vending. The study thus recommends that the government of Eastern Cape should design course content that street vendors understand for re-investment and make the content area specific. In addition, they should create a street vending data base that has suppliers from local farmers and vendors from local town where they trade their products and services through negotiation and bargaining as to grow small farmers.

Author(s) Details:

Njongwezintle Balisoa,
University of Fort Hare, South Africa.

Olabanji Oni,
University of Fort Hare, South Africa.

Solomon Omonona,
University of Fort Hare, South Africa.

Please see the link here: https://stm.bookpi.org/MHEEDCBCPICBMD/article/view/13206