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The perceived role of human capital in wholesaling SMEs : a petroleum industry perspective

Mini Dissertation (MBA)--University of Pretoria, 2021.

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Other Authors: Rabinowitz, David
Format: Thesis
Language:English
Published: University of Pretoria 2021
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access_status_str Open Access
author2 Rabinowitz, David
author_browse Rabinowitz, David
author_facet Rabinowitz, David
collection Thesis
dc_rights_str_mv © 2019 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, 2021.
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:39:25.358Z
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:2263/81685 The perceived role of human capital in wholesaling SMEs : a petroleum industry perspective Rabinowitz, David ichelp@gibs.co.za Monyebodi, Pheladi UCTD Petroleum sector Human capital Wholesalers Industry knowledge Institutions Mini Dissertation (MBA)--University of Pretoria, 2021. Small and medium sized enterprises (SMEs) are recognised across the world as having the ability to drive the economy and greatly contribute towards its growth, more so in emerging economies. However, the growth and performance of firms has further been directly linked to the critical development and investment towards its human capital. Even though there is a known importance of human capital development for business growth and competence, little is known about how much SMEs themselves attribute it to the success of their own firm’s performance. As such, this study responds to this gap by exploring the perceptions that SMEs hold regarding human capital as a concept and its developmental role in their business success. Establishing which component of human capital is perceived to be important in the founding of the businesses, during its emergent years and for future growth will enable SMEs to better understand the key human capital components and features to harness at the different stages of their business and in the pursuit for competitive advantage. The study will better equip policy makers in their development of interventions they embark on to promote SME competitiveness. The study followed a qualitative research methodology which used in-depth one-on-one interviews with participants in the petroleum industry of South Africa. The study focused on one segment of the petroleum value chain, while still using several subgroups for data triangulation. The results of the study indicated that SMEs perceive knowledge as the most important factor of human capital and rely on it in the founding of their businesses. The study further revealed that SMEs rely predominantly on intangible resources to gain competitive advantage, but are negative affected by institutional constraints to effectively compete. The study generated a framework that can be used by both SMEs and policy makers to enable the development of human capital and promote SME competitiveness. Gordon Institute of Business Science (GIBS) MBA Unrestricted 2021-09-07T07:44:54Z 2021-09-07T07:44:54Z 2021-09 2021 Mini Dissertation Monyebodi, P 2021, The perceived role of human capital in wholesaling SMEs : a petroleum industry perspective, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/81685> S2021 http://hdl.handle.net/2263/81685 en © 2019 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
Petroleum sector
Human capital
Wholesalers
Industry knowledge
Institutions
The perceived role of human capital in wholesaling SMEs : a petroleum industry perspective
title The perceived role of human capital in wholesaling SMEs : a petroleum industry perspective
title_full The perceived role of human capital in wholesaling SMEs : a petroleum industry perspective
title_fullStr The perceived role of human capital in wholesaling SMEs : a petroleum industry perspective
title_full_unstemmed The perceived role of human capital in wholesaling SMEs : a petroleum industry perspective
title_short The perceived role of human capital in wholesaling SMEs : a petroleum industry perspective
title_sort perceived role of human capital in wholesaling smes a petroleum industry perspective
topic UCTD
Petroleum sector
Human capital
Wholesalers
Industry knowledge
Institutions
url http://hdl.handle.net/2263/81685