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Business Commons

Open Access. Powered by Scholars. Published by Universities.®

2021

Business

Bethel University

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Jamaican Micro/Small Entrepreneurs: A Comparative Assessment Of Their Motivations And Problems, Mauvalyn M. Bowen Feb 2021

Jamaican Micro/Small Entrepreneurs: A Comparative Assessment Of Their Motivations And Problems, Mauvalyn M. Bowen

Business Faculty Publications

The purpose of the paper is to assess the motivations and challenges faced by three groups of micro and small entrepreneurs in Jamaica, as well as factors that might contribute to their success. Success was operationally defined in the study as profit. Data from a survey of 192 micro and small entrepreneurs in the urban informal sector of Jamaica were used in the study. The design tracked a descriptive survey approach with multivariate analysis. A structured questionnaire was used to collect the data with some open-ended flexible questions. The structured questionnaires with Likert-type items were used to increase the reliability …