Developing Business Linkages between Large Firms and Local SMEs in South Africa: A Comparative Analysis

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Auteurs principaux: Nkosiwa, Nontoko, Makhubu, Sipho
Format: Recurso digital
Langue:anglais
Publié: Zenodo 2012
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author Nkosiwa, Nontoko
Makhubu, Sipho
author_facet Nkosiwa, Nontoko
Makhubu, Sipho
contents <p>South Africa faces significant challenges in fostering sustainable economic growth through effective collaboration between large firms and small to medium-sized enterprises (SMEs). The comparative analysis employs a mixed-method approach, integrating qualitative interviews with quantitative surveys among selected large firms and SMEs across various sectors in South Africa. A notable finding is that successful business linkages often involve tailored partnership agreements rather than generic collaborations, which significantly enhance mutual benefits and growth prospects. The study underscores the importance of strategic planning, trust-building mechanisms, and mutual value creation as foundational elements for fostering robust business relationships between large firms and SMEs in South Africa. Policy-makers should promote sector-specific matchmaking events to facilitate more targeted partnerships. Businesses are encouraged to develop clear communication channels and shared performance metrics. South Africa, Business Linkages, Large Firms, Small to Medium Enterprises (SMEs), Collaboration Strategies</p>
format Recurso digital
id zenodo_https___doi_org_10_5281_zenodo_18969438
institution Zenodo
language eng
publishDate 2012
publisher Zenodo
record_format zenodo
spellingShingle Developing Business Linkages between Large Firms and Local SMEs in South Africa: A Comparative Analysis
Nkosiwa, Nontoko
Makhubu, Sipho
Geography
Africa
Business
Sustainability
Empowerment
Vernacular
Comparative
<p>South Africa faces significant challenges in fostering sustainable economic growth through effective collaboration between large firms and small to medium-sized enterprises (SMEs). The comparative analysis employs a mixed-method approach, integrating qualitative interviews with quantitative surveys among selected large firms and SMEs across various sectors in South Africa. A notable finding is that successful business linkages often involve tailored partnership agreements rather than generic collaborations, which significantly enhance mutual benefits and growth prospects. The study underscores the importance of strategic planning, trust-building mechanisms, and mutual value creation as foundational elements for fostering robust business relationships between large firms and SMEs in South Africa. Policy-makers should promote sector-specific matchmaking events to facilitate more targeted partnerships. Businesses are encouraged to develop clear communication channels and shared performance metrics. South Africa, Business Linkages, Large Firms, Small to Medium Enterprises (SMEs), Collaboration Strategies</p>
title Developing Business Linkages between Large Firms and Local SMEs in South Africa: A Comparative Analysis
topic Geography
Africa
Business
Sustainability
Empowerment
Vernacular
Comparative
url https://doi.org/10.5281/zenodo.18969438