Smes And Economic Development In Africa
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Smes And Economic Development In Africa
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Author : Gift Mugano
language : en
Publisher: Taylor & Francis
Release Date : 2023-09-15
Smes And Economic Development In Africa written by Gift Mugano and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-15 with Business & Economics categories.
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.
Enterprise And Economic Development In Africa
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Author : Dina M. Nziku
language : en
Publisher: Emerald Group Publishing
Release Date : 2021-06-11
Enterprise And Economic Development In Africa written by Dina M. Nziku and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-11 with Business & Economics categories.
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.
Private Sector And Enterprise Development
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Author : Lois Stevenson
language : en
Publisher: IDRC
Release Date : 2010
Private Sector And Enterprise Development written by Lois Stevenson and has been published by IDRC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
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.
African Businesses And Economicgrowth
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Author : Imani Silver Kyaruzi
language : en
Publisher: Adonis & Abbey Publishers Ltd
Release Date : 2008-10-30
African Businesses And Economicgrowth written by Imani Silver Kyaruzi and has been published by Adonis & Abbey Publishers Ltd this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-10-30 with Reference categories.
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.
African Small And Medium Enterprises Networks And Manufacturing Performance
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Author : Tyler Biggs
language : en
Publisher: World Bank Publications
Release Date : 2006
African Small And Medium Enterprises Networks And Manufacturing Performance written by Tyler Biggs and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business networks categories.
"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. "
Small And Medium Sized Enterprises Smes And Poverty Reduction In Africa
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Author : Ameen Alharbi
language : en
Publisher: Cambridge Scholars Publishing
Release Date : 2015-06-18
Small And Medium Sized Enterprises Smes And Poverty Reduction In Africa written by Ameen Alharbi and has been published by Cambridge Scholars Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-18 with Business & Economics categories.
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.
Entrepreneurship And Enterprise Development In Africa
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Author : Daniel Agyapong
language : en
Publisher: Edward Elgar Publishing
Release Date : 2024-03-14
Entrepreneurship And Enterprise Development In Africa written by Daniel Agyapong and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-14 with Business & Economics categories.
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.
Growth Equity And Self Reliance
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Author : Ampah G. Johnson
language : en
Publisher: Routledge
Release Date : 2019-04-02
Growth Equity And Self Reliance written by Ampah G. Johnson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-02 with Political Science categories.
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.
Small Business And Entrepreneurial Development In Africa
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Author : Robert E. Hinson
language : en
Publisher: Springer Nature
Release Date : 2023-12-02
Small Business And Entrepreneurial Development In Africa written by Robert E. Hinson and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-02 with Business & Economics categories.
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.
Proceedings
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Author : International Council for Small Business Southern Africa. Conference
language : en
Publisher:
Release Date : 1994*
Proceedings written by International Council for Small Business Southern Africa. Conference and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994* with Entrepreneurship categories.