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The influence of BBBEE regulations on entrepreneurs in the (luxury) food industry in the Western Cape of South Africa

Leenheer, Paul (2009) The influence of BBBEE regulations on entrepreneurs in the (luxury) food industry in the Western Cape of South Africa.

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Abstract:Black Empowerment (BBBEE) is an hot issue on the moment in South Africa. BBBEE is a supportive government regulation to help the black participation in the main stream economy after a long period of the Apartheid era. Many entrepreneurs in Cape Town have heard about BBBEE and deal with it in practice. Soulicious Chocolate is a small entrepreneurial company that may grow to a successful business. This report gives insight in how these macro environmental regulations influence the business of entrepreneurs in the luxury food industry in the West Cape of South Africa. In the theoretical framework the concept entrepreneurship is elaborated on, and the theory of planned behavior. The 2 models are taken together and a new model is proposed to explain how entrepreneurs deal with BBBEE in their business and on personal level. In order to do this, 19 companies in the (luxury) food industry in and around Cape Town are interviewed and questioned about the 7 factors that eventually lead to working with BBBEE and the presence of a score card. A lot of qualitative data was gathered from these companies and the highlights are mentioned in the results. Key words: BBBEE, Broad Based Black Economic Empowerment, entrepreneurship, entrepreneurial behavior
Item Type:Essay (Master)
Clients:
Soulicious Chocolate
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:http://purl.utwente.nl/essays/60246
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