Abstract
Entrepreneurship, without a doubt, plays a crucial role in any nation’s socioeconomic development. However, the benefits accruable from it are dwarfed by the lack of appropriate support structures and procedures, particularly outdated infrastructure and regulatory impediments that impede business formalization. These two variables are to blame for South Africa’s fragile condition of entrepreneurship. These elements, curiously, present a mix of strengths, weaknesses, opportunities, and threats, which are highlighted in this paper.
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Iwu, C.G. (2023). State of Entrepreneurship in Southern Africa. In: The Palgrave Encyclopedia of Entrepreneurship. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-68128-9_3-1
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DOI: https://doi.org/10.1007/978-3-030-68128-9_3-1
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