Research Journal of Economics

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Investigating the Ebb and Flow between Research and Industry Developments within the South African Business Management Landscape

According to Stats SA’s Quarterly Labour Force Survey released on 30 November 2021 the unemployment rate in South Africa reached an all-time high of 34.9% in 2021, which is an increase of 1% from 2020 to 2021. The reason for this increase is of course clear as the global coronavirus pandemic ushered in unimagined complexities. The United Nations (UN) secretary general, António has called for the world to react decisively, innovatively and to collaboratively conquer the rise of the virus whilst also responding to the socio-economic devastation that the virus is causing world-wide. The question surrounding this global problem in terms of its economic impact is therefore not focused on how this problem can be solved, but rather on what the effects of this pandemic have been on entrepreneurs, as well as the general academic landscape of entrepreneurship and business management education in developing countries such as South African

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