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The effectuation logic of new business entrepreneurs’ transition from owning an informal to a formal business

Mini Dissertation (MBA)--University of Pretoria, 2020.

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Other Authors: Mamabolo, Anastacia
Format: Thesis
Language:English
Published: University of Pretoria 2021
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access_status_str Open Access
author2 Mamabolo, Anastacia
author_browse Mamabolo, Anastacia
author_facet Mamabolo, Anastacia
collection Thesis
dc_rights_str_mv © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2020.
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:40:26.265Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2021
publishDateRange 2021
publishDateSort 2021
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/79614 The effectuation logic of new business entrepreneurs’ transition from owning an informal to a formal business Mamabolo, Anastacia ichelp@gibs.co.za Masemola, Masechaba UCTD Mini Dissertation (MBA)--University of Pretoria, 2020. In dealing with uncertainty inherent to entrepreneurship, the informal new business entrepreneur transitions to formality in an effort to grow, but little research has understood the behavioural decision-making logics used to transition to formality. Entrepreneurial theories such as effectuation are most suited to assist entrepreneurs in venture creation and transitions in the midst of uncertainty, particularly in the volatile South African context. This study explores the transition process of the informal new business entrepreneur through an effectuation behavioural decision-making logic lens. Through the use of 12 semi-structured interviews with transitioned new business informal entrepreneurs, data was gathered for the purposes of understanding the transition process. The study found that the transitioned entrepreneurs employs a hybrid approach of both causation and effectuation behavioural decision-making logic as a means to transition to formality. Although there is a hybrid approach to the decision-making, effectuation is still the dominant behavioural decision-making logic used by the transitioning entrepreneurs. The study contributes to understanding the transition process by providing a conceptual framework to guide private and public sector collaborations with informal entrepreneurs in an effort to assist the transition process by practically understanding the hybrid approach adopted by the entrepreneurs and increase the low entrepreneurship rates in South Africa. pt2021 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2021-04-22T10:33:17Z 2021-04-22T10:33:17Z 2021/04/14 2020 Mini Dissertation Masemola, M 2020, The effectuation logic of new business entrepreneurs’ transition from owning an informal to a formal business, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/79614> http://hdl.handle.net/2263/79614 en © 2020 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
The effectuation logic of new business entrepreneurs’ transition from owning an informal to a formal business
title The effectuation logic of new business entrepreneurs’ transition from owning an informal to a formal business
title_full The effectuation logic of new business entrepreneurs’ transition from owning an informal to a formal business
title_fullStr The effectuation logic of new business entrepreneurs’ transition from owning an informal to a formal business
title_full_unstemmed The effectuation logic of new business entrepreneurs’ transition from owning an informal to a formal business
title_short The effectuation logic of new business entrepreneurs’ transition from owning an informal to a formal business
title_sort effectuation logic of new business entrepreneurs transition from owning an informal to a formal business
topic UCTD
url http://hdl.handle.net/2263/79614