Download or read book SMEs Perspective in Africa written by Gift Mugano and published by Palgrave Macmillan. This book was released on 2024-10-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the important role played by small and medium-sized enterprises (SMEs) in driving economic growth in Africa. It highlights how SMEs have become central to the global economy and are vital in creating employment, reducing poverty, and ensuring economic development. The potential for SMEs to positively impact Africa and maximise the continent’s rich natural resources are outlined in relation to the creation of sustainable and resilience economies. The benefits of digital technologies, the need for easier access to finance, and the creation of operational business spaces are also discussed. This book offers a practical framework for the development of SMEs and the reduction of inequality in Africa. It will be relevant to researchers and policymakers interested in development and African economics.
Download or read book Small and Medium Sized Enterprises SMEs and Poverty Reduction in Africa written by Ameen Alharbi and published by Cambridge Scholars Publishing. This book was released on 2015-06-18 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book SMEs and Economic Development in Africa written by Gift Mugano and published by . This book was released on 2023-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Small and medium-sized enterprises (SMEs) are a driving force of the global economy, contributing up to 50% of GDP 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 (SDGs). 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, market entry, as well as exogenous shocks and crises, most recently the COVID-19 pandemic. Building on evidence from international experience, this book 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"--
Download or read book Entrepreneurship and SME Management Across Africa written by Leona Achtenhagen and published by Springer. This book was released on 2016-07-12 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Doing Business in Africa written by Suzanne M. Apitsa and published by Springer Nature. This book was released on 2020-12-01 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents insights from cutting-edge international business and management research relating to Africa. Economic growth and foreign investment in the region remains strong, despite some slowing down in recent years. This trend of economic growth and its impact on international trade and FDI has attracted Western businesses, eager to capitalize on this emerging market. In this context, new relationships and interactions have stimulated business research on Africa. Split into four parts covering the internationalization process, international logistics, trans-border corporate social responsibility and trust in Africa, the book covers a range of emerging trends, academic discussion and evolving issues across the spectrum of business research. It is a valuable read for students, researchers and practitioners interested in doing business in Africa.
Download or read book Corporate Governance for Small and Medium Sized Businesses in African Economies written by Dr. Chinyere Almona and published by AuthorHouse. This book was released on 2020-09-24 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: SMEs play a vital role in the growth of economies and are often described as the engine of economic development. However, SMEs in emerging markets struggle to survive and grow for a variety of reasons, including a lack of finance and management skills. Most of the growth-constraining factors in small businesses can be traced to weak corporate governance (CG) practices. As a seasoned practitioner in the field of corporate governance, Dr. Almona sees the need to build capacity to enhance sustainability in the SME sector. SMEs need to understand that CG is not a destination but a journey SMEs need to grow and mature into CG practices that are relevant to their stage of business. SME owner-managers need to understand and adapt to the level of formality expected and required by potential employees and providers of funds. This book provides ways and models that will encourage the adoption of sound corporate governance principles and practices for SMEs in Africa, to the benefit of society.
Download or read book Proceedings written by International Council for Small Business Southern Africa. Conference and published by . This book was released on 1994* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book African Small and Medium Enterprises Networks and Manufacturing Performance written by Tyler Biggs and published by World Bank Publications. This book was released on 2006 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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. "
Download or read book The Future of Entrepreneurship in Africa written by Robert E. Hinson and published by CRC Press. This book was released on 2023-08-22 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurial and Small Business Development in Africa focuses on entrepreneurial development and the development of small businesses in Africa. The central idea of this book is that entrepreneurial development and small business development are connected. Entrepreneurship is lauded as an engine of growth (economic development and job creation), with small businesses often contributing to new job creation. Also, entrepreneurship and small business development are the heart of many countries’ economies. The decision to focus on entrepreneurial development and small business development is that first, there is a consensus that most entrepreneurial activities are aimed at creating small new ventures. Second, countries that give special attention to entrepreneurship stand a chance of industrialization. Third, Africa has been reported as having a rich entrepreneurial landscape as the continent’s wealthiest individuals generated their wealth as trailblazing entrepreneurs. Fourth, small-scale entrepreneurs and businesses form the backbone of economic activities across the continent. A motivation to focus on entrepreneurial and small business development is the generally accepted view that start-ups in Africa are growing calling for understanding into how to enhance productivity, efficiencies, and application of new technologies. The book aims to enhance the understanding of stakeholders (business owners, governments, practitioners) to overturn challenges such as inadequate start-up capital, competition, lack of employees with the right skills, and low use of technology. The ability to develop entrepreneurship in Africa, and the role of small-medium enterprises cannot be underestimated. The promotion of entrepreneurship in Africa is crucial as it creates jobs, provides decent livelihoods, and contributes to GDP. Most entrepreneurial initiatives in developing economies entail identifying opportunities and new venture creation. It is worth recognizing that most new ventures created take the form of small businesses and the entrepreneurial processes involve entrepreneurs’ knowledge and skills, identifying opportunities, involvement in setting up a business and managing the business. The various aspects of this book focus on many entrepreneurial activities that are undertaken on the African continent. This book is focused on African countries since there is a reason to be optimistic about the prospects for growth and entrepreneurship. To achieve entrepreneurial success in African countries, the African Development Bank (2021) proposes that there must be a link between macro and firm-level characteristics that will serve as the mix of entrepreneurship in societies. This book, therefore, considers some macro-level factors such as education, training, and skills development, technological developments, government programs, and entrepreneurial challenges and opportunities. At the firm-level, this book focuses on entrepreneurial initiatives such as branding and marketing.
Download or read book Africa s Development Potential in the Globalisation Process written by Robert Kappel and published by . This book was released on 2000 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Relationship Between Service and Product Quality written by Mugiya Leon Sithole and published by LAP Lambert Academic Publishing. This book was released on 2019-05-23 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small, micro and medium enterprises (SMEs) are perceived to be the solution for economic growth and unemployment in South Africa. However, the failure rate of SMEs within the first three years is between 70 and 80 percent, which in most cases is attributed to lack of support from government, financial institutions and multi-national enterprises. This failure is usually assessed from the SMEs perspective, where SMEs are seen to be receiving assistance or favours. The study aimed to investigate the contribution the SMEs make towards their own failure and how they view themselves. SMEs believed that they are properly equipped to provide services to the mining industry, whereas mining companies have the opposite opinion.
Download or read book Family Businesses in Sub Saharan Africa written by Moses Acquaah and published by Springer. This book was released on 2016-06-29 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first of its kind to highlight the importance of family businesses to economic growth in sub-Saharan Africa. It examines the managerial, behavioral, and strategic issues facing these companies and offers conclusive statements about their performance and influence on the region. Family businesses have been found to outperform non-family businesses in advanced industrialized economies, yet no such information exists on the importance of these companies which dominate the economic landscape of sub-Saharan Africa. Through empirical evidence and cross-country data, a team of expert contributors explore matters related to the management of family-owned businesses, such as how they evaluate employee productivity and performance, manage human resources, view governance practices and the role of women, and other sensitive issues. This is a seminal text for students and researchers in family business, entrepreneurship, strategic management, and family business owners looking to improve and advance their companies for the greater good of sub-Saharan Africa and the rest of the continent.
Download or read book Private Sector and Enterprise Development written by Lois Stevenson and published by IDRC. This book was released on 2010 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Palgrave Handbook of African Entrepreneurship written by Oluwaseun Kolade and published by Springer Nature. This book was released on 2021-11-30 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive handbook offers a state-of-the-art guide to new frontiers of African entrepreneurship. Written from a Pan-African perspective by a cast of international authors, the book addresses the rapid modernisation and evolution of African entrepreneurship and business practices. It maps new developments in entrepreneurial ecosystems, technology and digital entrepreneurship, entrepreneurship in conflict zones, and gender and diversity issues. It proposes new models for entrepreneurial financing and explores the contrast between entrepreneurship in high-technology urban centers with peripheral rural districts and conflict zones. Bringing together empirical insights and case studies from countries across Africa, the Handbook illuminates regional and contextual differences and shares theoretical and practical insights which inform policy and practice. It is an ideal guide for researchers and students working on international business, entrepreneurship and emerging economies. It will also inform policymakers in developing context-informed entrepreneurial policies and initiatives in Africa.
Download or read book Enterprise and Economic Development in Africa written by Dina M. Nziku and published by Emerald Group Publishing. This book was released on 2021-06-11 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Entrepreneurship Technology Commercialisation and Innovation Policy in Africa written by Chux Daniels and published by Springer Nature. This book was released on 2021-01-04 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive overview of role of entrepreneurship, technology commercialisation and innovation policy for the achievement of economic development and prosperity in African societies. It adopts a broad innovation systems approach. The book examines entrepreneurship, innovation, and technology commercialisation alongside context-specific factors associated with them. It also provides an interdisciplinary perspective, by discussing the above disciplines in a connected way. This book is presented in three distinct parts. It starts by discussing entrepreneurship and the state of the entrepreneurial ecosystem in Africa. It then moves on to present technology commercialisation in Africa, before finally discussing the future directions for entrepreneurship, technology commercialisation and innovation policy. This broad picture provided in the book enables the reader to grasp the relevant messages, whilst the detailed analysis applies world-class theories and frameworks to deepen the readers understanding of key concepts and issues examined.
Download or read book SMEs A South African Perspective written by Madelein Kleyn and published by . This book was released on 2017 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Africa does not invest in procuring accurate statistics on small businesses in South Africa, making it difficult to find the exact number of companies that operate in the country. SEDA issued a broad statistical overview of the SMEs of South Africa in January 2016 and presented the following indicators. According to the Banking Association of South Africa in South Africa, small and medium-sized enterprises make up 91 percent of formalised businesses, provide employment to about 60 percent of the labour force and total economic output accounts for roughly 34 percent of GDP.
