Article : Entrepreneurship Development Activities And Its Limitation Of Bulawayo Manufacturers In Zimbabwe

Title

Entrepreneurship Development Activities And Its Limitation Of Bulawayo Manufacturers In Zimbabwe

Author

B Mbuyisa

This paper examines the prospects and limitations encountered by entrepreneurship in the Zimbabwean context. Mahadea (2012) describes Entrepreneurship as a critical phenomenon in employment creation and economic growth although it faces serious challenges to accomplish its goals. In Zimbabwe, unemployment is approximately 80% (Mago, 2013) and this has forced the majority of the unemployed to engage into entrepreneurship activities as a survival strategy. The data on this paper is based on five Bulawayo based manufacturers and purposive sampling was used to select the participants at Kelvin industrial area. The study used a descriptive survey design to collect data. The main objective of this paper is to examine how entrepreneurship has contributed towards employment creation, economic growth and to examine the major setback towards attaining this goal. The results show that economic growth performance, low levels of employment and identification of constrained employment creation strategies are as a result of poor entrepreneurship conditions. The results show that entrepreneurship can only be successfully attained when capital is available; there is capacity building development, technological innovation and good infrastructural development. Entrepreneurship does not only create employment but also contributes to economic growth.

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