{"id":5126,"date":"2025-06-19T23:20:53","date_gmt":"2025-06-19T23:20:53","guid":{"rendered":"https:\/\/ijssass.com\/journal\/examining-the-function-and-contribution-of-entrepreneurship-through-small-and-medium-enterprises-as-drivers-of-local-economic-growth-in-south-africa\/"},"modified":"2025-06-20T03:19:10","modified_gmt":"2025-06-20T03:19:10","slug":"examining-the-function-and-contribution-of-entrepreneurship-through-small-and-medium-enterprises-as-drivers-of-local-economic-growth-in-south-africa","status":"publish","type":"post","link":"https:\/\/ijssass.com\/journal\/examining-the-function-and-contribution-of-entrepreneurship-through-small-and-medium-enterprises-as-drivers-of-local-economic-growth-in-south-africa\/","title":{"rendered":"Examining the Function and Contribution of Entrepreneurship through Small and Medium Enterprises as Drivers of Local Economic Growth in South Africa"},"content":{"rendered":"<p>This article was originally published as: <strong>Examining the Function and Contribution of Entrepreneurship through Small and Medium Enterprises as Drivers of Local Economic Growth in South Africa<\/strong><\/p>\n<p>Original Article Link: <a href='https:\/\/journals.dut.ac.za\/index.php\/ajims\/article\/view\/1172' target='_blank' rel='noopener'>Read Original Article<\/a><\/p>\n<p>Download PDF: <a href='https:\/\/journals.dut.ac.za\/index.php\/ajims\/article\/view\/1172\/882' target='_blank' rel='noopener'>Click Here to Download PDF<\/a><\/p>\n<h2>Abstract<\/h2>\n<p>The function and contribution of small and medium-sized firms in ensuring local economic growth are explored in this study. Previous studies show that small and medium-sized businesses (SMEs) have many different definitions and metrics.\u00a0 It was indicated that employment is the most popular metric for measuring company size in many different nations in terms of job creation through Small and medium-sized businesses and entrepreneurship.\u00a0 Although many nations, notably those in the European Union, adopt a lower cut-off point of 250 people, SMEs are typically classified as businesses with less than 500 employees. The goal of the research was to develop a better knowledge of the elements influencing the success of SMEs in South Africa. The study interrogates the question of what role entrepreneurship plays in inspiring the local economic growth of a country. Findings show that entrepreneurs and SMEs are key drivers of local development. The research calls for government investment in SMEs to help them overcome the problems they confront. The study indicated that the contribution and function of SMEs in local government is to stabilize the economy, especially in local communities with the perspective of empowering individuals. The study recommends that the government invest in SMEs to help them deal with socioeconomic issues including unemployment and poverty based on the obstacles encountered by SMEs.<\/p>\n<h2>Authors<\/h2>\n<ul>\n<li>Andrew Enaifoghe (University of Zululand, South Africa)<\/li>\n<li>Trisha  Ramsuraj (Durban University of Technology, South Africa)<\/li>\n<\/ul>\n<h2>Keywords<\/h2>\n<p>local economic development, local government, small and medium-sized businesses<\/p>\n<h2>References<\/h2>\n<p>References not available for this article.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This article was originally published as: Examining the Function and Contribution of Entrepreneurship through Small and Medium Enterprises as Drivers&#8230;<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124],"tags":[2153,1841,1842,1843],"class_list":["post-5126","post","type-post","status-publish","format-standard","hentry","category-articles","tag-ajims","tag-local-economic-development","tag-local-government","tag-small-and-medium-sized-businesses","wpcat-124-id"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - 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