Abstract
This paper examines specific constructs for sustainable entrepreneurship as perceived in the Ugandan context using confirmatory factor analysis. This study is cross-sectional. Data were collected through a face to face survey of 384 small businesses in Kampala selected through stratified and simple random sampling. Data were analyzed through exploratory factor analysis (EFA), confirmatory factor analysis (CFA) and descriptive statistics using Statistical Package for Social Sciences (SPSS) version 23. The study revealed that the constructs for sustainable entrepreneurship as perceived in the Ugandan context are production management, people and skills, ecosystem management, stakeholder, finance, strategy, marketing and sales. This suggests that seven factors with eigenvalues greater than one were identified, accounting for 63.23% of the total variance explained in sustainable entrepreneurship. This study presents initial evidence on the constructs of sustainable entrepreneurship that apply to the local context from the perspective of the business owners as opposed to the experts in the field. Implications on policy and practice were discussed. Key words: Sustainable entrepreneurship, confirmatory factor analysis, Uganda.
Highlights
The Sustainable Development Goals (SDGs) seek to encourage businesses across the globe to prioritize both environmental and economic growth
Our results show that seven constructs, namely production management, people and skills, ecosystem management, stakeholder, finance, strategy, marketing and sales, explain sustainable entrepreneurship in the Ugandan context unlike social responsibility and innovation
The study revealed that majority of the respondents were females (52%), and the majority were in the 29-39 years age bracket (38%), followed by those in the 18-28 years age group (28%), clearly showing that on average, those in business are below 40 years old
Summary
The Sustainable Development Goals (SDGs) seek to encourage businesses across the globe to prioritize both environmental and economic growth. This has resulted in the emergence of sustainable entrepreneurship as a new field of study that allows entrepreneurs to balance the social, environmental, and economic aspects of their businesses (Shepherd and Patzelt, 2017). The government of Uganda is currently promoting sustainable entrepreneurship through industrialization as a catalyst for inclusive growth, employment and wealth creation in Uganda (Uganda National Planning Authority, 2020).
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