“…In contrast, ‘opportunity entrepreneurs’ are those who start ventures by choice since they are able to exploit business opportunities such as innovative ideas, strong networks, relevant qualifications and experience, perceived market opportunities, etc., and therefore, on an average, are most likely to exploit more profitable opportunities than ‘necessity entrepreneurs’ do (Block & Wagner, 2010). Due to the nature of ‘necessity entrepreneurship’, it was observed that it is more prevalent in the informal and traditional sectors, which have limited impact on the economic growth, compared to ‘opportunity entrepreneurship’, which thrives in modern sectors that contribute significantly to economic growth (Africa Commission, 2009; Birley & Westhead, 1994; Clark & Drinkwater, 2000; Desai, 2011; Garcia & Fares, 2008; Gries & Naudé, 2010; Langevang, Namatovu, & Dawa 2012; McClelland, 1961; Naudé, 2011; Shane et al, 2010; Storey, 1991).…”