Abstract
Background: This study investigates the influence of intrinsic motivational factors for small and medium enterprise (SME) growth in the eThekwini District Municipality in South Africa (SA). Aim: It examines whether self-motivation of business owners operating in the furniture manufacturing sector has an influence on SME growth. Setting: Of the 127 SMEs operating in the eThekwini District Municipality, 112 participated in the study representing 88% of the target population. Methods: Descriptive, chi-square and correlative analyses were used to test the two objectives. That is, to determine the influence of self-motivation of business owners for SME growth, as well as to establish the intrinsic motivational factors that stimulate creativity for SME growth. Results: The study revealed that the intrinsic motivational factors of business owners do influence SME growth in SA. These factors include exerting effort for business growth interest, finding new solutions to business problems to achieve growth, growing business for recognition, belief to produce the desired outcomes, taking responsibilities for business expansion, the need for advancement, and growth aspiration that enables the business owner to take risks in order to grow the business. Conclusion: The outcome is that a self-motivated business owner has the ability to grow the business. The study provides valuable data relating to intrinsic motivational factors. Such factors are the enablers of creativity and business growth. It provides initial baseline data upon which to base future work.
Highlights
When exploring the failure of businesses in both the private and public sector to absorb the growing number of job seekers in South Africa (SA), increased attention is focused on entrepreneurship and its potential in contributing to economic growth as well as job creation (Ramukumba 2014)
One hundred and twelve small and medium enterprises (SMEs) owners of furniture manufacturing businesses operating in the eThekwini Metropolitan Area in KwaZulu-Natal participated in the study
The findings indicate that if SME owners are intrinsically motivated, they exert effort based on business growth interests
Summary
When exploring the failure of businesses in both the private and public sector to absorb the growing number of job seekers in SA, increased attention is focused on entrepreneurship and its potential in contributing to economic growth as well as job creation (Ramukumba 2014). While the GEM reports, among others, presents the entrepreneurial behaviour and attitudes of individual business owners, it raises a question as to whether running a small business leads to the fulfillment of personal goals. This may depend, on one hand, whether there is a link between small business owners’ goals and motivations or, on the other hand, the business outcomes. This study investigates the influence of intrinsic motivational factors for small and medium enterprise (SME) growth in the eThekwini District Municipality in South Africa (SA)
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