Abstract: Synopsis of several research outcomes on entrepreneurship development in Mpumalanga province empirically revealed there are several factors responsible for seemingly lack of entrepreneurial behaviour among youths in the province. There seems to be a nexus between ambivalent political environment and psychological factors on youths’ entrepreneurial behaviour in Mpumalanga province. Meta-analytic result from research outcomes assert the importance of fostering entrepreneurial interest among youths to serve as solution to high unemployment, and reduction of poverty. Creating enabling political environment is of high importance to foster positive vibe among youths in order to encourage entrepreneurial spirit. The need for youths to understand and ‘buy-in’ into various government policies may impact interest in entrepreneurship in the province. This paper tend to find if there are relationships between these factors and how it impact on Mpumalanga youths entrepreneurial behaviour. The justification for this study stem from the seemingly dearth of nexus in research on the relationship between political environment and psychological factors on Mpumalanga youths entrepreneurial behaviour as well as the ability to scientifically explain each factor influence on youth entrepreneurial behaviour to assist government apply strategic systems which might address both factors simultaneously. Analytical research design was adopted through regression analysis to find causal relationships and relative contribution of each factor’s influence on Mpumalanga youths entrepreneurial behaviour. The result from analysed data shows there are causal relationships of constructs (independent variables) on entrepreneurial behaviour (dependent variable), in furtherance, the outcome of relative contribution of the independent variables showed psychological factors have marginal influence on entrepreneurial behaviour than political environment. In conclusion it is recommended that government should deploy optimum resources in addressing psychological needs of the youths by ensuring full integration of youths into all phases of formulation, development, and implementation of policies and programs aimed at boosting entrepreneurship in the province.
Keywords: youth enterprise development, youth national policy, fiscal policy, political environment, Psychological Factors.
Title: THE RELATIONSHIP BETWEEN POLITICAL ENVIRONMENT AND PSYCHOLOGICAL FACTORS ON MPUMALANGA YOUTHS ENTREPRENEURIAL BEHAVIOR
Author: Dr. Oluseyi Emmanuel Sowole
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
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