Original Research

South African Generation Y students’ intention towards ecopreneurship

Carmen Strydom, Natanya Meyer, Costa Synodinos
Acta Commercii | Vol 21, No 1 | a910 | DOI: https://doi.org/10.4102/ac.v21i1.910 | © 2021 Carmen Strydom, Natanya Meyer, Costa Synodinos | This work is licensed under CC Attribution 4.0
Submitted: 27 October 2020 | Published: 28 October 2021

About the author(s)

Carmen Strydom, Department of Management Sciences, Faculty of Economics and Management Sciences, North-West University, Vanderbijlpark, South Africa
Natanya Meyer, Department of Management Sciences, Faculty of Economics and Management Sciences, North-West University, Vanderbijlpark, South Africa
Costa Synodinos, Department of Management Sciences, Faculty of Economics and Management Sciences, North-West University, Vanderbijlpark, South Africa


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Abstract

Orientation: It has been argued that the solution to the deteriorating state of the natural environment should not simply be one of regulation but rather of innovation. As such, entrepreneurship or, more specifically, ecopreneurship has been identified as a possible solution.

Research purpose: This study’s primary objective was to determine Generation Y students’ intention towards becoming ecopreneurs within the context of South Africa.

Motivation of study: Research regarding ecopreneurship is still scarce within academic literature both globally and in South Africa. This study aims to address this research gap.

Research design, approach and method: A quantitative research approach was followed using a descriptive, cross-sectional research design. A structured questionnaire was used to collect data from 522 students across three Higher Education Institutions in South Africa. The statistical analysis used to analyse the collected data included exploratory factor analysis, descriptive analysis, and correlation analysis.

Main findings: This study’s findings indicate that university students belonging to the Generation Y cohort in South Africa display positive intentions towards becoming ecopreneurs. The students’ intentions were, however, lower than their reported knowledge and concern for the environment. All constructs used yielded positive results, albeit to varying degrees and a positive correlation between them were noted.

Practical/managerial implications: Generation Y university students in South Africa display positive intentions towards becoming ecopreneurs. Thus, support to assist them in starting such ventures should be prioritised by incubation programmes and governments funding opportunities.

Contribution/value-add: This study contributes to the existing literature on entrepreneurship, ecopreneurship, environmentalism and Generation Y students in the South African context.


Keywords

ecopreneurship; ecopreneur; green entrepreneurship; entrepreneurship; intention; environment; Generation Y; South Africa

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Crossref Citations

1. The Psychology of Green Entrepreneurship: Environmentally Sustainable Organizational Climate in Small-scale Companies in India
Babin Dhas Devadhasan, Moon Moon Haque, Natanya Meyer, Seetharampalayam Chettiannan Vetrivel
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doi: 10.1177/09722629211066292