Socio-Cultural Facets for Sustainable Entrepreneurship Development

Problem Statement

The history of Namibia still affects the country so great, to understand the current situation of entrepreneurship and the reasons behind this study are social and cultural kinds of problems/factors that new entrepreneurs/SMEs may be facing in day-to-day activities. The study has looked at deepening the understanding of the social and cultural factors to find out how to support entrepreneurs and SMEs in the entrepreneurship journey. Every entrepreneur and SME was given an opportunity to a greater understanding of the relationship between social and cultural issues among entrepreneurial activity needs to be looked at because of its implication for national and regional development and growth (Krueger et al., 2013). Since the capacity of the state is limited to attracting and employing the people, urging unemployed people in entrepreneurial business can be an effective method that will have optimum effects on the prevention of social problems in society.