Smes And Economic Development In Africa

Author : Gift Mugano,Nirmala Dorasamy
Publisher : Taylor & Francis
Page : 258 pages
File Size : 48,8 Mb
Release : 2023-09-15
Category : Business & Economics
ISBN : 9781000957402

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SMEs and Economic Development in Africa by Gift Mugano,Nirmala Dorasamy Pdf

Small and medium-sized enterprises (SMEs) are a driving force of the global economy, contributing up to 50% of gross domestic product in some instances. They also contribute to economic development through various channels such as employment creation, economic growth and poverty reduction, key elements of the Sustainable Development Goals. Furthermore, in many economies the majority of jobs are provided by SMEs. However, despite their support of the economy, SMEs are prone to several binding constraints, such as access to finance and market entry, as well as exogenous shocks and crises, most recently the COVID-19 pandemic. Building on evidence from international experience, SMEs and Economic Development in Africa provides grounded solutions to challenges affecting SMEs, particularly in Africa, and offers guidance on how to build resilience to counteract future shocks. It also offers a number of policy measures which governments in developing countries may need to consider in order to encourage economic growth and development, such as increasing productive capacities, training, enhancing business ethics and professionalism and improving competitiveness. What makes this book distinctive is that fact that it brings together the literature concerning SMEs in one place, and using case studies, it showcases how policymakers can overcome the challenges affecting SMEs. The book also provides tested and practical remedies for African economies with a view to making SMEs a springboard for economic prosperity. The book will appeal to advanced students, scholars and researchers, as well as policymakers, development agencies and non-governmental organisations.

Author : Dina M. Nziku,John J. Struthers
Publisher : Emerald Group Publishing
Page : 376 pages
File Size : 41,9 Mb
Release : 2021-06-11
Category : Business & Economics
ISBN : 9781800713222

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Enterprise and Economic Development in Africa by Dina M. Nziku,John J. Struthers Pdf

Presenting a topical analysis of the challenges and achievements of enterprise, Enterprise and Economic Development in Africa examines contributions to economic development on the continent, as well as exploring implications for policy dimensions.

Author : Tyler Biggs,Manju Kedia Shah
Publisher : World Bank Publications
Page : 41 pages
File Size : 48,5 Mb
Release : 2006
Category : Business networks
ISBN : 8210379456XXX

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African Small and Medium Enterprises, Networks, and Manufacturing Performance by Tyler Biggs,Manju Kedia Shah Pdf

"This paper examines the role of private support institutions in determining small and medium enterprise (SME) growth and performance in Sub-Saharan Africa (SSA). It finds that SMEs in SSA get around market failures and lack of formal institutions by creating private governance systems in the form of long-term business relationships and tight, ethnically-based, business networks. There are important links between these informal governance institutions and SME performance. Networks raise the performance of "insiders" and, in the sparse business environments of the SSA region, have attendant negative consequences for market participation of "outsiders," such as indigenous African SMEs. This is indicated through the determinants of access to supplier credit. Policy interventions will be needed to improve the platform for relation-based governance mechanisms and to address the exclusionary effects of tight networks. "

Author : Imani Silver Kyaruzi
Publisher : Adonis & Abbey Publishers Ltd
Page : 289 pages
File Size : 46,9 Mb
Release : 2008-10-30
Category : Reference
ISBN : 9781912234370

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African Businesses and EconomicGrowth by Imani Silver Kyaruzi Pdf

How can institutions stimulate African local economic growth? After decades of poor economic growth, foreign aid-dependency, poor government policies and bureaucratic leadership by Africans in the 21st century, focus has increasingly shifted to the continent's business systems, entrepreneurship and governance. Also, the improving trade relations between Africa and the rest of the world has brought a renewed interest on the region's relatively slow economic growth. African Businesses and Economic Growth: Institutions, Firms, Practices and Policy examines policy approaches to economic liberalization and the effects of global forces and, in particular, how Africa can respond to globalization pressures in order to assume its rightful place in the global economy. Contributors to the volume, including researchers from East and West Africa, have examined the role of African institutions and firms, and the ways they impact on local economic growth. In particular, they analyse how African firms generate, share and transfer knowledge, the role of human capital on productivity, the role and impact of informal institutions on private sector and institutional development, firms` responses to laws and rules set by policymakers (the rules of the game) and the effect these laws and rules have on firms` development and strategies. The book also examines the role of non-governmental institutions, multinational firms, bilateral and multilateral institutions and how their activities and policies influence the structure and strategies of local firms and economic growth. Most of the contributors conclude that a full scale economic growth, liberalization and institutionalization across the African economies, though inevitable, are unlikely to be achieved overnight.

Author : Lois Stevenson
Publisher : IDRC
Page : 383 pages
File Size : 41,6 Mb
Release : 2010
Category : Business & Economics
ISBN : 9781849802956

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Private Sector and Enterprise Development by Lois Stevenson Pdf

Examines the challenges to private sector growth in 12 Middle East and North African (MENA) countries, assessing comparative performance against a number of indicators and focusing on the special role of SMEs and entrepreneurial activity. Highlights the variation among countries in private sector dynamism and performance, the major government policy initiatives supporting private sector and SME activity in each country, and the perspectives of government officials, researchers, and other stakeholders on research, policy, and institutional capacity needs. Concludes with a framework for guiding a comprehensive set of policies and strategies to unleash the potential of entrepreneurship as a platform for future private sector growth.

Author : Daniel Agyapong,Rosemond Boohene
Publisher : Edward Elgar Publishing
Page : 219 pages
File Size : 50,6 Mb
Release : 2024-03-14
Category : Business & Economics
ISBN : 9781803925417

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Entrepreneurship and Enterprise Development in Africa by Daniel Agyapong,Rosemond Boohene Pdf

Entrepreneurship and Enterprise Development in Africa presents a timely and compelling account of African entrepreneurship, shedding light on the critical part it plays in the continentÕs economic growth and development. It explores the various challenges, opportunities, and success stories that define the African entrepreneurial landscape and highlights the ingenuity and determination of the continentÕs entrepreneurial minds.

Author : Ameen Alharbi,Abdul M. Kanu,Aminu Mamman
Publisher : Cambridge Scholars Publishing
Page : 185 pages
File Size : 41,8 Mb
Release : 2015-06-18
Category : Business & Economics
ISBN : 9781443879194

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Small and Medium-Sized Enterprises (SMEs) and Poverty Reduction in Africa by Ameen Alharbi,Abdul M. Kanu,Aminu Mamman Pdf

Small and Medium-Sized Enterprises (SMEs) and Poverty Reduction in Africa addresses the vital question of why the millions of dollars of governments’ and international development interventions in the SMEs sector are yet to deliver significant and sustainable employment and poverty reduction in Africa. The book also addresses the question of how the SMEs sector can help in the eradication of poverty in Africa. The book also tackles the question of what policy makers, SMEs operators, would-be entrepreneurs and trainers can do to contribute to poverty reduction through the SMEs sector. To address these three key questions, the book has adopted innovative concepts and ideas that will appeal to the sensibilities of African policy makers, trainers, business operators and would-be entrepreneurs. For example, the existing literature on system thinking and spirituality in business is used to offer a novel approach and departure from the perennial focus on “technical training” and hardnosed pursuit of “individualised” business and personal goals as a means of developing entrepreneurs and crafting SMEs policy. The key features of the book are: • a focus on changing the mind-set of SMEs operators, policy makers, trainers and would-be entrepreneurs; • contextualising the role of SMEs in poverty reduction by emphasizing the relevance of the African worldview, belief systems and spirituality during policy making, policy implementation and training of SMEs operators and would-be entrepreneurs; • theoretical explanations to why good intentions in policy formulation and implementation do not deliver expected outcomes in terms of the SMEs sector’s contribution to poverty reduction; • practical guidelines on how SMEs can develop a poverty-related mission statement, business strategy and business plan within the context of poverty reduction; • personal development guidelines for SMEs operators and prospective entrepreneurs on how to develop poverty-related personal mission statements and strategies; • the introduction of spiritual poverty and system thinking as the foundation for policy formulation and poverty reduction interventions in Africa.

Author : Ampah G. Johnson
Publisher : Routledge
Page : 144 pages
File Size : 41,6 Mb
Release : 2019-04-02
Category : Political Science
ISBN : 9780429709777

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Growth, Equity, And Self-reliance by Ampah G. Johnson Pdf

This book explores what is, for many African countries, a new and controversial policy of relying on private actors rather than on government organizations to foster economic growth and development. The contributors explore key issues such as the impact of private enterprise on the development process, small- and medium-sized businesses as a vehicle for growth, and strategies for the expansion of markets and trade. The contributors analyze the historical, social, cultural, and economic obstacles to the development of private enterprise in Africa; the roles of government, women, and business organizations; access to capital and the function of financial institutions; private initiative and agriculture; the use of skilled and semi-skilled labor; and technology transfer. Arguing that private sector forces are crucial to African socioeconomic development, the contributors recommend economic policy reform, establishment of more private enterprises, and encouragement of new domestic and foreign investment.

Author : Robert E. Hinson,Doreen Anyamesem Odame,Eric Kwame Adae,Kwame Adom
Publisher : Springer Nature
Page : 235 pages
File Size : 49,8 Mb
Release : 2023-12-02
Category : Business & Economics
ISBN : 9783031376757

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Small Business and Entrepreneurial Development in Africa by Robert E. Hinson,Doreen Anyamesem Odame,Eric Kwame Adae,Kwame Adom Pdf

This book explores the issues around small business and entrepreneurial activities in Africa within the context of frequent collapse of businesses, seizures by governments, lack of access to capital and raw materials as well as the reliance on the informal sector. All these issues, the Editors argue, have been exacerbated by the advent of the COVID-19 pandemic. However, entrepreneurship must be at the heart of efforts to transform Africa’s economic prospects to ensure sustained economic growth and decent work for all. In looking at the development of entrepreneurship for Africa’s growth, contributors to this edited collection take an evolutionary approach by focusing on entrepreneurial intentions (where entrepreneurial ideas are formed), customer management (which is central to all entrepreneurial business success) and by also focusing on local and entrepreneurial business development. The book then ends with a discussion around technological innovations in small business development in Africa. Covering topics such as social entrepreneurship, international joint ventures and the impact of digital platforms, this conceptual path provides rich contemporary insights for students, researchers, and policy makers and contributes to the achievement of SDG 8 targets.

Author : International Council for Small Business Southern Africa. Conference
Publisher : Unknown
Page : 128 pages
File Size : 48,8 Mb
Release : 1994*
Category : Entrepreneurship
ISBN : 0958387818

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Proceedings by International Council for Small Business Southern Africa. Conference Pdf

Author : Carl E. Liedholm,Donald C. Mead
Publisher : Routledge
Page : 146 pages
File Size : 45,8 Mb
Release : 2013-05-13
Category : Business & Economics
ISBN : 9781135118150

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Small Enterprises and Economic Development by Carl E. Liedholm,Donald C. Mead Pdf

Micro and small enterprises (MSEs) have been recognized as a major contemporary source of employment and income in a growing number of developing countries. Yet, relatively little is known about the characteristics and patterns of change in these enterprises. This volume examines the dynamics of MSEs in the development process. Drawing on a unique set of surveys conducted in twelve countries in Africa and Latin America the authors map the patterns of change in MSEs in the developing world. Subjects covered include: * significance of new start and closure rates of MSEs * factors involved in expansion rates and growth patterns of MSEs * the role of gender in MSEs evolution.

Author : Leona Achtenhagen,Ethel Brundin
Publisher : Springer
Page : 220 pages
File Size : 54,9 Mb
Release : 2016-07-12
Category : Business & Economics
ISBN : 9789811017278

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Entrepreneurship and SME Management Across Africa by Leona Achtenhagen,Ethel Brundin Pdf

This book focuses on issues related to entrepreneurship and SME management on the African continent by providing insights from different conceptual, empirical and case studies. In doing so, it focuses on context-specific challenges for conducting entrepreneurial activities or business endeavors in smaller firms in the African continent. The book responds to calls for more research about African businesses given the acknowledgement of scholars, students and policy makers around the world who realize the increasing and growing economic importance of the African continent. In addition to serving as a source book for more in-depth studies by assisting the reader in gaining increased understanding of the topics covered, complementing the different parts with reviews, the book also elaborates on issues such political unrest, corruption, untrained personnel and environmental concerns. Entrepreneurship and SME Management Across Africa: Context, Challenges, Cases will be useful to academics with an interest in different entrepreneurial contexts in general, and Africa in particular, and for students interested in regional business practices, as well as for practitioners and policy makers.

Author : Thorsten Beck,Aslı Demirgüç-Kunt,Ross Levine
Publisher : World Bank Publications
Page : 52 pages
File Size : 40,7 Mb
Release : 2003
Category : Economic development
ISBN : UCSD:31822033608134

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Small and Medium Enterprises, Growth, and Poverty by Thorsten Beck,Aslı Demirgüç-Kunt,Ross Levine Pdf

Author : Simon A. McGrath,Kenneth King
Publisher : Intermediate Technology Publications
Page : 268 pages
File Size : 46,5 Mb
Release : 1999
Category : Business & Economics
ISBN : STANFORD:36105028789381

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Enterprise in Africa by Simon A. McGrath,Kenneth King Pdf

This book is concerned to revisit key elements of the debate about small and microenterprises through the lens of the current poverty-growth debate and in the specific context of Africa.

Author : African Development Bank,OECD,United Nations Development Programme
Publisher : OECD Publishing
Page : 316 pages
File Size : 49,5 Mb
Release : 2017-05-22
Category : Electronic
ISBN : 9789264274266

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African Economic Outlook 2017 Entrepreneurship and Industrialisation by African Development Bank,OECD,United Nations Development Programme Pdf

The African Economic Outlook 2017 presents the continent’s current state of affairs and forecasts its situation for the coming two years.