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Purpose: This assignment delves into the case study of Thabo and Sipho, recent graduates in South Africa, aspiring entrepreneurs aiming to tackle societal challenges through
Purpose: This assignment delves into the case study of Thabo and Sipho, recent
graduates in South Africa, aspiring entrepreneurs aiming to tackle societal
challenges through sustainable agriculture. It prompts an exploration of the concept
of idea generation in entrepreneurship, discerning the motivations behind their focus
on sustainable agriculture, and employing the WH method to validate their
entrepreneurial idea comprehensively. Additionally, the assignment examines the
potential application of the Theory of Planned Behavior TPB in understanding the
entrepreneurial intentions of university students interested in similar ventures. By
addressing these aspects, the assignment seeks to offer a holistic analysis of the
entrepreneurial journey within the South African context, emphasizing the unique
challenges and opportunities in the realm of sustainable agriculture.
Read the case study below and answer Questions that follows.
Case Study: New Venture Creation in the South African
Context Background: In the vibrant and diverse business landscape of South Africa,
entrepreneurship plays a pivotal role in driving economic growth and innovation. The
country is home to a dynamic entrepreneurial ecosystem, with individuals constantly
seeking new opportunities and solutions to address the unique challenges and needs of the
market. This case study explores the journey of two aspiring entrepreneurs, Thabo and
Sipho, as they embark on their venture creation process in South Africa.
Scenario: Thabo and Sipho are recent graduates from a South African university, armed with
a degree in Entrepreneurship and New Ventures. They are passionate about addressing
societal challenges and are keen to venture into the world of entrepreneurship. Their idea
revolves around sustainable agriculture, given the pressing issues of food security and
environmental sustainability in the country.
Context: South Africa has been grappling with issues related to food security, climate
change, and rural unemployment. There's a growing need for innovative solutions that can
promote sustainable agriculture practices, provide employment opportunities in rural areas,
and ensure a consistent food supply.
What factors might have motivated Thabo and Sipho
to focus on sustainable agriculture as their
entrepreneurial opportunity?
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