intervention is the fostering of entrepreneurship education, training and development at all levels of the education system. This would include for example school based assessment at the secondary school level based on creating a business plan; training for school leavers in the elements of starting a venture. Interventions would also include improving the legal environment to facilitate youth entrepreneurs e.g. reducing the time and costs involved in registering a business. Further, access to financing and business development services should be made easier for young entrepreneurs e.g. access to venture capital, low interest loans, start-up training such as writing a business plan and financial recording. Family and Entrepreneurship Andersen and Taylor (2009) and Newman (2009) refer to the family as a institution’. It is ‘social seen as having an organized system of behaviour and a specific purpose. The family is seen as serving various social functions. These include reproduction, caring for members, providing legal rights and preservation of cultural traditions. The family also has to adhere to legal and cultural obligations. In analysing the interrelationship between the family structure and entrepreneurship some research points are highlighted: Aldrich and Cliff (2003) points out that and business dynamics’ are interrelated. ‘family Researchers such as Aldrich and Waldinger (1990) as well as, Steier and Greenwood (2000) argue that the family is integral to a start- up business process as it is a source of financial resources to the entrepreneur. Other researchers contend that the family also provides human resources and at times a physical space to conduct the business venture. Religion and Entrepreneurship The research highlighted seeks to introduce the student to some aspects of how religion impacts the entrepreneurial orientation. The following key issues were highlighted in research done by Audretsch, Boente and Tamvada in and Entrepreneurship’ (2007): ‘Religion The paper was based on data collected from approximately 90 000 workers in India. The research concluded that religion shaped entrepreneurial decisions. The researchers contend that religions such as Christianity and Islam were conducive to entrepreneurship. They found that Hinduism inhibited the development of entrepreneurship. The caste system influenced the of the individual to ‘propensity’ engage in entrepreneurial activity. Moreover, the lower caste exhibited a ‘lower propensity’ to entrepreneurship. Max Weber (1905) in his work, Protestant Ethic and the Spirit of Capitalism’ provided a ‘The study of the relationship between Protestantism (especially Calvinist) and capitalism. He pointed out the following:
intervention is the fostering of entrepreneurship education, training and development at all levels of the education system. This would include for example school based assessment at the secondary school level based on creating a business plan; training for school leavers in the elements of starting a venture. Interventions would also include improving the legal environment to facilitate youth entrepreneurs e.g. reducing the time and costs involved in registering a business. Further, access to financing and business development services should be made easier for young entrepreneurs e.g. access to venture capital, low interest loans, start-up training such as writing a business plan and financial recording. Family and Entrepreneurship Andersen and Taylor (2009) and Newman (2009) refer to the family as a ‘social institution’. It is seen as having an organized system of behaviour and a specific purpose. The family is seen as serving various social functions. These include reproduction, caring for members, providing legal rights and preservation of cultural traditions. The family also has to adhere to legal and cultural obligations. In analysing the interrelationship between the family structure and entrepreneurship some research points are highlighted: Aldrich and Cliff (2003) points out that ‘family and business dynamics’ are interrelated. Researchers such as Aldrich and Waldinger (1990) as well as, Steier and Greenwood (2000) argue that the family is integral to a start- up business process as it is a source of financial resources to the entrepreneur. Other researchers contend that the family also provides human resources and at times a physical space to conduct the business venture. Religion and Entrepreneurship The research highlighted seeks to introduce the student to some aspects of how religion impacts the entrepreneurial orientation. The following key issues were highlighted in research done by Audretsch, Boente and Tamvada in ‘Religion and Entrepreneurship’ (2007): The paper was based on data collected from approximately 90 000 workers in India. The research concluded that religion shaped entrepreneurial decisions. The researchers contend that religions such as Christianity and Islam were conducive to entrepreneurship. They found that Hinduism inhibited the development of entrepreneurship. The caste system influenced the ‘propensity’ of the individual to engage in entrepreneurial activity. Moreover, the lower caste exhibited a ‘lower propensity’ to entrepreneurship. Max Weber (1905) in his work, ‘The Protestant Ethic and the Spirit of Capitalism’ provided a study of the relationship between Protestantism (especially Calvinist) and capitalism. He pointed out the following:
cultural_diversity_of_entrepreneurship.docx