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A Systems View Across Time and Space

Table 1 Results of statistical descriptive analyses of enterprises studied

From: Reflecting on perceived failure of entrepreneurship development initiatives to help ignite economic development in Malawi

No

Detail

Category

Frequency

Percent

1

Type of ownership

Sole proprietorship

318

94.4

Limited liability company

19

5.6

2

Age of enterprise

Old (above 1 year old)

307

91.1

New (up to 1 year old)

30

8.9

3

Motivation for establishment

Necessity motivated

273

81

Opportunity motivated

64

19

4

Objective of enterprise

Profit making

325

96.4

Non-profit making

12

3.6

5

Size of enterprise

Micro

157

46.6

Self-employed

98

29.1

Small

71

21.1

Medium

9

2.7

Large

2

0.6

6

Formality of enterprise

Formal (registered)

181

53.7

Informal (unregistered)

156

46.3

  1. Sample (n) = 337 enterprises