Early-stage venture capital in South Africa: Challenges and prospects

dc.contributor.authorJones, Morgan
dc.contributor.authorMlambo, Chipo
dc.date.accessioned2018-10-25T15:31:34Z
dc.date.available2018-10-25T15:31:34Z
dc.date.issued2013
dc.date.updated2018-10-25T15:13:56Z
dc.description.abstractThe aim of this paper is to assess which factors impact the development of early-stage venture capital in South Africa. Factors identified for other markets and countries are explored and their relative importance in South Africa determined from the perspective of market participants. These include venture capital and private equity fund managers, government institutions, intermediaries and university research coordinators. The study used both an online survey, to capture a broad representation of opinion, and interviews, for in-depth responses. There was broad consensus among respondents with regards to the key factors requiring attention, which include the lack of funds targeted at early-stage investments, the lack of specialised fund managers, and the low entrepreneurial skillsets in the country. Through a detailed analysis of the responses, certain measures are proposed that can enhance the development of early-stage venture capital in South Africa such as engaging more with angel investors and improving the cooperation between the different market players in the sector.
dc.identifier.apacitationJones, M., & Mlambo, C. (2013). Early-stage venture capital in South Africa: Challenges and prospects. <i>South African Journal of Business Management</i>, http://hdl.handle.net/11427/28952en_ZA
dc.identifier.chicagocitationJones, Morgan, and Chipo Mlambo "Early-stage venture capital in South Africa: Challenges and prospects." <i>South African Journal of Business Management</i> (2013) http://hdl.handle.net/11427/28952en_ZA
dc.identifier.citationMlambo, C. (2013). Early-stage venture capital in South Africa: Challenges and prospects. South African Journal of Business Management, 44(4), 1-12.
dc.identifier.ris TY - AU - Jones, Morgan AU - Mlambo, Chipo AB - The aim of this paper is to assess which factors impact the development of early-stage venture capital in South Africa. Factors identified for other markets and countries are explored and their relative importance in South Africa determined from the perspective of market participants. These include venture capital and private equity fund managers, government institutions, intermediaries and university research coordinators. The study used both an online survey, to capture a broad representation of opinion, and interviews, for in-depth responses. There was broad consensus among respondents with regards to the key factors requiring attention, which include the lack of funds targeted at early-stage investments, the lack of specialised fund managers, and the low entrepreneurial skillsets in the country. Through a detailed analysis of the responses, certain measures are proposed that can enhance the development of early-stage venture capital in South Africa such as engaging more with angel investors and improving the cooperation between the different market players in the sector. DA - 2013 DB - OpenUCT DP - University of Cape Town J1 - South African Journal of Business Management LK - https://open.uct.ac.za PB - University of Cape Town PY - 2013 T1 - Early-stage venture capital in South Africa: Challenges and prospects TI - Early-stage venture capital in South Africa: Challenges and prospects UR - http://hdl.handle.net/11427/28952 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/28952
dc.identifier.vancouvercitationJones M, Mlambo C. Early-stage venture capital in South Africa: Challenges and prospects. South African Journal of Business Management. 2013; http://hdl.handle.net/11427/28952.en_ZA
dc.language.isoeng
dc.publisher.departmentGraduate School of Business
dc.publisher.facultyFaculty of Commerce
dc.publisher.institutionUniversity of Cape Town
dc.sourceSouth African Journal of Business Management
dc.source.urihttps://sajbm.org/index.php/sajbm
dc.titleEarly-stage venture capital in South Africa: Challenges and prospects
dc.typeJournal Article
uct.type.filetypeText
uct.type.filetypeImage
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