THE EFFECTS OF START-UP FACTOR (SELF-EFFICACY) ON BUSINESS PERFORMANCE

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Simon Radipere ORCID logo

https://doi.org/10.22495/cocv12i1c7p6

Abstract

The study examined relationship between self-efficacy and business performance using 500 SMMEs in Gauteng province, South Africa. Questionnaire was used to collect data from 500 SMMEs owners. The findings from the survey were modelled through a categorical regression model with business performance as dependent variable. The level of significance of the fourteen variables out of eighteen variables suggests that self-efficacy be classified as the strongest predictor of business performance. These findings, depicting the magnitude of the business environment in the study area, clearly confirm the positive impact of self-efficacy on business performance.

Keywords: Self-Efficacy, Business Performance, Entrepreneur

How to cite this paper: Radipere, S. (2014). The effects of start-up factor (self-efficacy) on business performance. Corporate Ownership & Control, 12(1-7), 671-682. https://doi.org/10.22495/cocv12i1c7p6