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Analysis of Socio-Demographics of Necessity-driven Entrepreneurs in Selected Cities in Ghana

Daniel Agyapong, Paul Jones Orcid Logo, Rosemond Boohene, Gloria K.Q. Agyapong, Siaw Frimpong, Francis O. Boachie-Mensah

Journal of Business and Enterprise Development, Volume: 10, Pages: 74 - 113

Swansea University Author: Paul Jones Orcid Logo

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Abstract

The study analysed the dynamics of necessity-driven entrepreneurs, using the sociological approach to start-ups. The paper explored the risk appetite and the entrepreneurial potential of those involved in the street hawking business. Utilising the sequential transformative design,structured intervie...

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Published in: Journal of Business and Enterprise Development
ISSN: 2026-500X
Published: University of Cape Coast, Ghana
Online Access: Check full text

URI: https://cronfa.swan.ac.uk/Record/cronfa60278
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Abstract: The study analysed the dynamics of necessity-driven entrepreneurs, using the sociological approach to start-ups. The paper explored the risk appetite and the entrepreneurial potential of those involved in the street hawking business. Utilising the sequential transformative design,structured interviews were used to collect data from 306 street hawkers in Accra, Kumasi, and Cape Coast. Subsequently, 25 follow-up interviews were conducted, using a structured interview guide. Data were collected over ten months due to the complex nature of the respondents of the study. Descriptive statistics and texts were used to analyse the data. The results indicated that the majority of the respondents had only basic education or no formal education. Furthermore, the respondents were mostly women and young people without formal jobs nor any means of livelihood. The study has implications for policy on education, especially basic and adult education, as several of the respondents barely have basic education. There needs to be a social intervention programme to equip the street hawkers with the right employable skills to help develop their skills and promote the growth of their businesses. The paper also makes a case for nurturing their skills as a means of poverty alleviation.
Item Description: https://journal.ucc.edu.gh/index.php/jobed/article/view/890
Keywords: Socio-demographics; Necessity-driven entrepreneurs; Street hawkers; Ghana
College: School of Management
Start Page: 74
End Page: 113