Uganda Entrepreneurs: Why Are They In Business

Authors

  • Edward D. Bewayo Montclair State University

Abstract

The role of entrepreneurship in economic development is well recognized in most western countries.   The recognition of this role  is increasingly  becoming  international  as many East European and third world countries replace state capitalism with free enterprise economic systems.  This paper reports on a survey study done about the development and future  prospects  of entrepreneurship  in Uganda.   Based  upon responses from  208 small business owners, the paper discusses what motivates Uganda entrepreneurs,  their risk taking willingness, and the involvement of family  members in the family  business.  The majority of Uganda  entrepreneurs  cited monetary considerations as the main reason for  going  into business, which could be a reflection of Uganda's current economic conditions. However , most of them would not exchange business ownership for jobs even if jobs became available and paid as well as their businesses. This was due to the independence Uganda entrepreneurs enjoy as business owners. Uganda entrepreneurs become entrepreneurs for monetary reasons but remain entrepreneurs for  the freedom  entrepreneurship accords them.

References

Carland, James, Hoy, Frank and Carland, JoAnn. (1988). "Who is an Entrepreneur? Is a Question Worth Asking." American Journal of Small Business, 12, 4, 33-39.

Cooper, Arnold. (1986). "Entrepreneurship and Paths to Business Ownership." Strategic Management Journal, 7 (Jan.-Feb.), 53-68.

Cooper, Arnold. (1990). "New Businesses in America." NFIB Foundation.

Giamartino, Gary. (1991). "Will Small Business Be the Answer for Developing Economies?" Journal of Small Business Management (JSBM), 29, I, 91. Also see Carland, James and Carland, JoAnn. (1993). "En trepreneurship: An Economic Phoenix." Proceedings of the 8th Annual National Conference of USASBE, 24-31.

G undry, Lisa and Harold Welsch. (1993). "Differences in Familial Influence Among Women-Owned Businesses." Proceedings of the 8th Annual National Conference of USASBE, I03-1 IO.

Harper, Malcolm. (1991). "Enterprise Development in Poorer Nations." Entrepreneurshio Theory and Practice, 15, 4, 7-11.

Hisrich, Robcn. (1989). Entrepreneurship. Stani ng, Developin g, and Managing a New Entemrise. Homewood, IL: Irwin, pp. 54-57.

Ol woc, Salvatore Y. (n.d.). "How to Stan a Small Business in Uganda." The Semadec Group, Management Training and Advisory Center, Kampala, Uganda.

Peterson, Rein. (1988). "Understand ing and Encouraging Entrepreneursh ip lnlCmationally." JSBM , 26, 2, 1 -7.

Shapero, Alben. (1985). "Why Entrepreneurship? A Worldwide Perspective." JSBM, 23, 3, 1-5. Ibid., p. 3.

Downloads

Published

1995-01-10

Issue

Vol. 6 No. 1 (1995)

Section

Articles

License

The Journal of Small Business Strategy (the “Publisher”) and the Author(s) agree as follows:
 
1.Author(s) hereby grant to Publisher all right, title, and interest in and to the Work, including copyright to all means of expression by any method now known or hereafter developed, including electronic format. If Publisher does not publish the Work within two (2) years of the Effective Date, copyright shall revert back to the Author. Publisher agrees to always credit Author(s) as the author(s) of the Work.
 
2.Publisher hereby grants Author a royalty-free, limited license for the following purposes, provided the Work is always identified as having first been published by Publisher.
    •The right to make and distribute copies of all or part of the Work for use in teaching;
    •The right to use all or part of the material contained in the Work in a book by the Author(s), or in a collection of the Author(s)’s work;
    •The right to use and distribute the Work internally at the Author(s)’s place of employment, and for promotion and any other non-commercial purposes;
    •The right to use figures and tables from the Work for any purpose;
    •The right to make presentations of material from the Work;
    •The right to use and distribute the Work on the Author(s)’s Web site and on the Author(s)’s university’s institute repository;
Such license shall be effective when the Work is first published in the Journal of Small Business Strategy.
 
3.The Author(s) represents and warrants that the Work: (a) is the Author(s)’s original work and that Author(s) has full power to enter into this agreement; (b) does not infringe the copyright or property right of another; (c) contains no materials which is obscene, libelous, defamatory or violates another’s civil right, right of privacy, or is otherwise unlawful; and (d) has not been previously published, in whole or in part. Author(s) shall indemnify and hold Publisher harmless against loss or expenses arising from breach of any such warranties.

How to Cite

Uganda Entrepreneurs: Why Are They In Business. (1995). Journal of Small Business Strategy (archive Only), 6(1), 67-78. https://libjournals.mtsu.edu/index.php/jsbs/article/view/307