Enterprise and Economic Development in Africa

Enterprise and Economic Development in Africa PDF Author: Dina M. Nziku
Publisher: Emerald Group Publishing
ISBN: 180071324X
Category : Business & Economics
Languages : en
Pages : 268

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Book Description
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.

Enterprise and Economic Development in Africa

Enterprise and Economic Development in Africa PDF Author: Dina M. Nziku
Publisher: Emerald Group Publishing
ISBN: 180071324X
Category : Business & Economics
Languages : en
Pages : 268

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Book Description
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.

Entrepreneurship and Enterprise Development in Africa

Entrepreneurship and Enterprise Development in Africa PDF Author: Daniel Agyapong
Publisher: Edward Elgar Publishing
ISBN: 1803925418
Category : Business & Economics
Languages : en
Pages : 219

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Book Description
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.

Private Enterprise-Led Economic Development in Sub-Saharan Africa

Private Enterprise-Led Economic Development in Sub-Saharan Africa PDF Author: John Kuada
Publisher: Springer
ISBN: 1137534451
Category : Social Science
Languages : en
Pages : 278

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Book Description
Private Enterprise-Led Development in Sub-Saharan Africa provides a novel theoretical and conceptual model to guide research into Africa's economic development. It endorses the view that private enterprise-led growth will help reduce poverty since it strengthens individuals' capacity to care for themselves and their families.

Growth, Equity, And Self-reliance

Growth, Equity, And Self-reliance PDF Author: Ampah G. Johnson
Publisher: Routledge
ISBN: 0429709773
Category : Political Science
Languages : en
Pages : 144

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Book Description
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.

Entrepreneurship and Sustainable Development in Africa

Entrepreneurship and Sustainable Development in Africa PDF Author: Paschal Anosike
Publisher: SAGE
ISBN: 1529792827
Category : Business & Economics
Languages : en
Pages : 182

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Book Description
High foreign aid dependence, poor human capital, rising high youth unemployment and poverty are just some of the reasons that Africa represents such a striking symbol of global inequality today. In this book, the author draws on his research and experience of working with key stakeholders to explore how Africa can take advantage of the knowledge economy and 4th Industrial Revolution opportunities to rebuild from the Covid-19 pandemic and empower its people and encourage entrepreneurship. Entrepreneurship and Sustainable Development in Africa is a book the African political class, economic policy and development experts, the donor community, academic researchers and students of business and international development can rely on for a better understanding and solutions to Africa’s historical and contemporary socio-economic problems. Paschal Anosike is Associate Professor of Entrepreneurship and Innovation and the founding Director of Centre for African Entrepreneurship and Leadership (CAEL) at the University of Wolverhampton.

Industrial Clusters and Micro and Small Enterprises in Africa

Industrial Clusters and Micro and Small Enterprises in Africa PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 9780821386286
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
The World Bank, Japan International Cooperation Agency (JICA) Research Institute, and the Foundation for Advanced Studies on International Development (FASID), in collaboration with researchers affiliated with the African Economic Research Consortium (AERC), recently conducted a study on Africa s domestic enterprises to improve the understanding of the constraints micro and small enterprises in Africa face in improving productivity and expanding their markets. In Africa, there are stark performance gaps between domestically owned enterprises and foreign-owned enterprises in terms of sales performance, productivity, and ability to reach distant markets. Among others, size appears to be a dominant factor in explaining the gap. Against this background, the study analyzes how naturally formed industrial clusters concentrations of enterprises engaged in same or closely related industrial activities in specific locations could potentially mitigate constraints Africa s micro and small enterprises face and enhance their business performance. The study is one of the first comprehensive quantitative inquiries on industrial clusters in Africa. The analysis specifically focuses on the role of spontaneously grown clusters of light manufacturing industries based on a set of original case studies of industrial clusters conducted for this research project. One of the key findings from the case studies was that cluster-based micro and small enterprises are performing better than similar micro and small enterprises outside of the clusters in terms of sales performance and ability to reach distant markets. Market access is a leading reason for cluster-based enterprises to choose their current locations. However, cluster-based enterprises face another set of unique growth constraints. By the very nature of spontaneous agglomera tion, new enterprises continue to flow to the clusters seeking the profit opportunities and better access to markets at such locations. The result can be intense competition in addition to increased congestion. Space constraints often impede growth within clusters. The lack of alternative locations available for industrial activities in the same cities, generic infrastructure bottlenecks, and unclear zoning policies and their unpredictable changes limit firms location choices and constrain their mobility. While competition should improve efficiency, lack of capacity among those competing cluster-based enterprises to invest and innovate does not generate growth out of the competition. The vast majority of naturally formed clusters of light manufacturing industries in Africa are still at a survival level, where agglomeration externalities are only limited to expand quantity but not quality as we observe in more advanced innovation-oriented clusters in elsewhere in the world. Existing studies on such natural industrial clusters in Africa have found that the lack of managerial skills among entrepreneurs running micro and small enterprises is a major constraint for innovation and growth in the clusters. As a part of this study, pilot managerial skills training programs were conducted in two industrial clusters on an experimental basis, where a group of randomly selected entrepreneurs within the clusters were given three-week long crush course of based management such as bookkeeping, marketing, business planning, and production management. The impact evaluation of the experiments showed significant positive impacts of the training programs on value added and gross profits of enterprises. Raising the current survival-type industrial clusters, which have been formed as a coping mechanism to weak investment climate, into more dynamic innovating clusters will be an important avenue for fostering growth of micro and small enterprises in Africa. While national efforts to improve investment climate and investments in human capital are undoubtedly important, there could be more targeted policies to be formulated, in complementing general policies, to support growth of micro and small domestic enterprises using existing industrial clusters as a natural springboard for their growth. In that context, the study discusses the merit of cluster-based managerial human capital development to build steps toward more innovation-oriented clusters, the importance of sound spatial planning policy, particularly at the local level in the context of urban planning, the need to expand market access and economic linkages for industrial clusters including regional integration and linkages with large enterprises.

Small Business and Entrepreneurial Development in Africa

Small Business and Entrepreneurial Development in Africa PDF Author: Robert E. Hinson
Publisher: Springer Nature
ISBN: 3031376757
Category : Business & Economics
Languages : en
Pages : 235

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Book Description
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.

Private Sector and Enterprise Development

Private Sector and Enterprise Development PDF Author: Lois Stevenson
Publisher: IDRC
ISBN: 1849802955
Category : Business & Economics
Languages : en
Pages : 383

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Book Description
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.

Globalisation, Enterprise and Knowledge

Globalisation, Enterprise and Knowledge PDF Author: Kenneth King
Publisher: Symposium Books Ltd
ISBN: 1873927495
Category : Education
Languages : en
Pages : 232

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Book Description
This book examines some of the major challenges faced by African education by placing them in two important contexts. First, it explores how new economic dynamics, linked to globalisation, impact upon educational priorities and possibilities. Second, it stresses the need to locate educational policies and practices alongside approaches in other sectors. This leads to an analysis of the intersections between education, training and enterprise development. Through detailed examinations of recent policies and practices in Ghana, Kenya and South Africa, the book shows how different national approaches emerge in spite of apparent convergences in donor agency policy and international policy discourses. Aimed at policy makers and practitioners as well as academics, the book outlines a series of theoretical, policy and practical challenges for the future of African education and its broader role in development.

Enterprising Africa

Enterprising Africa PDF Author: Stephen Dobson
Publisher: Routledge
ISBN: 0429764839
Category : Business & Economics
Languages : en
Pages : 195

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Book Description
Enterprising Africa explores the future opportunities, challenges, growth areas and key themes that will shape entrepreneurship in the African continent over the next decade. Entrepreneurship can be the key to unlock resilient growth, but only if it is driven by both socially productive and growth-oriented new businesses. The book considers entrepreneurship as an enabler for socio-economic growth and development in Africa, especially in the context of youth unemployment and increasing youth population for which the traditional, and indeed emerging, industrial sectors will not be able to produce sufficient jobs to meet demand. Organised around three thematic parts, Part I covers the notion of inclusive growth and the role that entrepreneurs can play supporting this. Part II considers the dynamic between entrepreneurs and the environment since social, economic and environmental concerns need to build upon each other rather than vie for recognition. Finally, Part III offers chapters exploring policy contexts and the wider institutional ecosystems that need to be developed and enhanced to ensure a strong and vibrant environment for the future entrepreneurs of Africa to thrive. Edited and authored by leading experts in the field, this fascinating text will be of interest to academics as well as students of International, Transformational and Social Entrepreneurship, and International and African Business.