The Rise Of Africas Small Medium Size Enterprises

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The Rise of Africa’S Small & Medium Size Enterprises

Author : Dr. Robin Renee Sanders
Publisher : Xlibris Corporation
ISBN 13 : 152456852X
Total Pages : 336 pages
Book Rating : 4.5/5 (245 download)

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Book Synopsis The Rise of Africa’S Small & Medium Size Enterprises by : Dr. Robin Renee Sanders

Download or read book The Rise of Africa’S Small & Medium Size Enterprises written by Dr. Robin Renee Sanders and published by Xlibris Corporation. This book was released on 2017-02-08 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ambassador (Dr.) Robin Renee Sanders new book on The Rise of Africas Small & Medium Size Enterprises (SMEs) is an insightful examination of the dramatic shift in the development paradigm for Sub Saharan Africa driven in large part by the imaginative, innovative, and insta-impact leadership of the regions small businesses or SMEs. SMEs have helped drive economic development, growth and aided in increasing the size of the Continents middle class, Sanders says. With the Introduction to the book by renown civil rights leader Ambassador Andrew Young, and the Foreword by Sub Saharan Africas leading businessman, Mr. Aliko Dangote, Sanders book credits the determination of Africa SMEs and entrepreneurs (which includes African nationals, immigrants and African Americans) for stepping into the void left by 40-years of post-independence development approaches that had little impact on reducing overall poverty and creating jobs in the region. Africas dynamic entrepreneurial spirit of Generation-Xers and Millennials are and have formed SMEs and social enterprises that today are responsible for conceiving and inventing many of the new apps, and answers to address the regions age-old poverty issues, Sanders emphasizes. Africa SMEs are not only a key driver for jobs, but serve as an additional catalyst to grow the middle class. Sanders argues that it was the Rise of the Africa SME converging with technology and its mobility that has changed, over the last decade, the focus and direction of development in Sub Saharan Africa. The book has a few vignettes from Sanders diplomatic life and work as CEO of the FEEEDS Advocacy Initiative with Africa SMEs over the years, as well as regional examples of some of innovative things Africa entrepreneurs are doing in sectors ranging from agriculture and food security to energy and climate change. The book also walks readers through what donors, foundations and African stock markets are doing today to help in the SME space. Sanders ends with recommendations of what more can be done by donors, African governments, and the new U.S. administration to further assist Africa SMEs, particularly the group she calls the critical mass, and those at the fragile end of Africas middle class.

The Rise of Africa's Small & Medium Size Enterprises

Author : Ambassador Robin Renee Sanders
Publisher :
ISBN 13 : 9781524568542
Total Pages : 546 pages
Book Rating : 4.5/5 (685 download)

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Book Synopsis The Rise of Africa's Small & Medium Size Enterprises by : Ambassador Robin Renee Sanders

Download or read book The Rise of Africa's Small & Medium Size Enterprises written by Ambassador Robin Renee Sanders and published by . This book was released on 2017-02-08 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ambassador (Dr.) Robin Renee Sanders' new book on The Rise of Africa's Small & Medium Size Enterprises (SMEs) is an insightful examination of the dramatic shift in the development paradigm for Sub Saharan Africa -- driven in large part by the imaginative, innovative, and insta-impact leadership of the region's small businesses or SMEs. "SMEs have helped drive economic development, growth and aided in increasing the size of the Continent's middle class," Sanders says. With the Introduction to the book by renown civil rights leader Ambassador Andrew Young, and the Foreword by Sub Saharan Africa's leading businessman, Mr. Aliko Dangote, Sanders' book credits the determination of Africa SMEs and entrepreneurs (which includes African nationals, immigrants and African Americans) for stepping into the void left by 40-years of post-independence development approaches that had little impact on reducing overall poverty and creating jobs in the region. "Africa's dynamic entrepreneurial spirit of Generation-Xers and Millennials' are and have formed SMEs and social enterprises that today are responsible for conceiving and inventing many of the new apps, and answers to address the region's age-old poverty issues," Sanders emphasizes. "Africa SMEs are not only a key driver for jobs, but serve as an additional catalyst to grow the middle class." Sanders argues that it was the Rise of the Africa SME - converging with technology and its mobility - that has changed, over the last decade, the focus and direction of development in Sub Saharan Africa. The book has a few vignettes from Sanders' diplomatic life and work as CEO of the FEEEDS Advocacy Initiative with Africa SMEs over the years, as well as regional examples of some of innovative things Africa entrepreneurs are doing in sectors ranging from agriculture and food security to energy and climate change. The book also walks readers through what donors, foundations and African stock markets are doing today to help in the SME space. Sanders ends with recommendations of what more can be done by donors, African governments, and the new U.S. administration to further assist Africa SMEs, particularly the group she calls the "critical mass," and those at the "fragile" end of Africa's middle class.

Enterprise in Africa

Author : Simon A. McGrath
Publisher : Intermediate Technology Publications
ISBN 13 :
Total Pages : 268 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Enterprise in Africa by : Simon A. McGrath

Download or read book Enterprise in Africa written by Simon A. McGrath and published by Intermediate Technology Publications. This book was released on 1999 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Rise of Africa's Middle Class

Author : Henning Melber
Publisher : Zed Books Ltd.
ISBN 13 : 1783607165
Total Pages : 195 pages
Book Rating : 4.7/5 (836 download)

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Book Synopsis The Rise of Africa's Middle Class by : Henning Melber

Download or read book The Rise of Africa's Middle Class written by Henning Melber and published by Zed Books Ltd.. This book was released on 2016-12-15 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: Across Africa, a burgeoning middle class has become the poster child for the 'Africa rising' narrative. Ambitious, aspirational and increasingly affluent, this group is said to embody the values and hopes of the new Africa, with international bodies ranging from the United Nations Development Programme to the World Bank regarding them as important agents of both economic development and democratic change. This narrative, however, obscures the complex and often ambiguous role that this group actually plays in African societies. Bringing together economists, political scientists, anthropologists and development experts, and spanning a variety of case studies from across the continent, this collection provides a much-needed corrective to the received wisdom within development circles, and provides a fresh perspective on social transformations in contemporary Africa.

African Small and Medium Enterprises, Networks, and Manufacturing Performance

Author : Tyler Biggs
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 41 pages
Book Rating : 4./5 ( download)

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Book Synopsis African Small and Medium Enterprises, Networks, and Manufacturing Performance by : Tyler Biggs

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. "

The Rise of Africa's Middle Class

Author : Henning Melber
Publisher : Bloomsbury Publishing
ISBN 13 : 1783607157
Total Pages : 231 pages
Book Rating : 4.7/5 (836 download)

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Book Synopsis The Rise of Africa's Middle Class by : Henning Melber

Download or read book The Rise of Africa's Middle Class written by Henning Melber and published by Bloomsbury Publishing. This book was released on 2016-12-15 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Across Africa, a burgeoning middle class has become the poster child for the 'Africa rising' narrative. Ambitious, aspirational and increasingly affluent, this group is said to embody the values and hopes of the new Africa, with international bodies ranging from the United Nations Development Programme to the World Bank regarding them as important agents of both economic development and democratic change. This narrative, however, obscures the complex and often ambiguous role that this group actually plays in African societies. Bringing together economists, political scientists, anthropologists and development experts, and spanning a variety of case studies from across the continent, this collection provides a much-needed corrective to the received wisdom within development circles, and provides a fresh perspective on social transformations in contemporary Africa.

Small and Medium-Sized Enterprises (SMEs) and Poverty Reduction in Africa

Author : Ameen Alharbi
Publisher : Cambridge Scholars Publishing
ISBN 13 : 1443879193
Total Pages : 185 pages
Book Rating : 4.4/5 (438 download)

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Book Synopsis Small and Medium-Sized Enterprises (SMEs) and Poverty Reduction in Africa by : Ameen Alharbi

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.

Corporate Governance for Small and Medium-Sized Businesses in African Economies

Author : Dr. Chinyere Almona
Publisher : AuthorHouse
ISBN 13 : 1728373158
Total Pages : 182 pages
Book Rating : 4.7/5 (283 download)

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Book Synopsis Corporate Governance for Small and Medium-Sized Businesses in African Economies by : Dr. Chinyere Almona

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.

Industrial Clusters and Micro and Small Enterprises in Africa

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 9780821386286
Total Pages : 208 pages
Book Rating : 4.3/5 (862 download)

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Book Synopsis Industrial Clusters and Micro and Small Enterprises in Africa by : World Bank

Download or read book Industrial Clusters and Micro and Small Enterprises in Africa written by World Bank and published by World Bank Publications. This book was released on 2010-12-30 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

SMEs and Economic Development in Africa

Author : Gift Mugano
Publisher : Taylor & Francis
ISBN 13 : 1000957403
Total Pages : 258 pages
Book Rating : 4.0/5 (9 download)

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Book Synopsis SMEs and Economic Development in Africa by : Gift Mugano

Download or read book SMEs and Economic Development in Africa written by Gift Mugano and published by Taylor & Francis. This book was released on 2023-09-15 with total page 258 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 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.

Growth, Equity, And Self-reliance

Author : Ampah G. Johnson
Publisher : Routledge
ISBN 13 : 0429709773
Total Pages : 144 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis Growth, Equity, And Self-reliance by : Ampah G. Johnson

Download or read book Growth, Equity, And Self-reliance written by Ampah G. Johnson and published by Routledge. This book was released on 2019-04-02 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Corporate Governance for Small and Medium-sized Businesses in African Economies

Author : Chinyere Almona
Publisher :
ISBN 13 : 9781728373164
Total Pages : 208 pages
Book Rating : 4.3/5 (731 download)

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Book Synopsis Corporate Governance for Small and Medium-sized Businesses in African Economies by : Chinyere Almona

Download or read book Corporate Governance for Small and Medium-sized Businesses in African Economies written by Chinyere Almona and published by . This book was released on 2020-09-24 with total page 208 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 journeySMEs 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.

Africa's Business Revolution

Author : Acha Leke
Publisher : Harvard Business Press
ISBN 13 : 1633694410
Total Pages : 249 pages
Book Rating : 4.6/5 (336 download)

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Book Synopsis Africa's Business Revolution by : Acha Leke

Download or read book Africa's Business Revolution written by Acha Leke and published by Harvard Business Press. This book was released on 2018-10-30 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Definitive Guide to Doing Business in Africa For global and Africa-based companies looking to access new growth markets, Africa offers exciting opportunities to build large, profitable businesses. Its population is young, fast-growing, and increasingly urbanized--while rapid technology adoption makes the continent a fertile arena for innovation. But Africa's business environment remains poorly understood; it's known to many executives in the West only by its reputation for complexity, conflict, and corruption. Africa's Business Revolution provides the inside story on business in Africa and its future growth prospects and helps executives understand and seize the opportunities for building profitable, sustainable enterprises. From senior leaders in McKinsey's African offices and a leading executive on the continent, this book draws on in-depth proprietary research by the McKinsey Global Institute as well as McKinsey's extensive experience advising corporate and government leaders across Africa. Brimming with company case studies and exclusive interviews with some of Africa's most prominent executives, this book comes to life with the vibrant stories of those who have navigated the many twists and turns on the road to building successful businesses on the continent. Combining an unrivalled fact base with expert advice on shaping and executing an Africa growth strategy, this book is required reading for global business executives looking to expand their existing operations in Africa--and for those seeking a road map to access this vast, untapped market for the first time.

Enhancing Africa's Competitiveness Through Small and Medium Scale Enterprises

Author : Francis A. S. T. Matambalya
Publisher :
ISBN 13 :
Total Pages : 260 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Enhancing Africa's Competitiveness Through Small and Medium Scale Enterprises by : Francis A. S. T. Matambalya

Download or read book Enhancing Africa's Competitiveness Through Small and Medium Scale Enterprises written by Francis A. S. T. Matambalya and published by . This book was released on 2002 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small and medium scale enterprises and the economy / Francis A.S.T Matambabya (p.1-14). --Education and training of entrepreneurs in South Africa : a situational analysis / Gideon Nieman (p. 15-32). --Adoption of information technology by Tanzanian entrepreneurs in the service industries : a business process re-engineering emphasis / Ullingera O Mbamba (p. 33-52). --Institutionalisation of the public-private sector dialogue in Tanzania : are SMEs left out? / Erasmus S Kaijage (p. 53-82). --The influence of national policies, laws, and regulations of employment in macro and small enterprises / M.M. Chijoriga, L.J. Mwaipopo and D.R. Olomi (p. 83-114). --Culture, poverty alleviation and small business development in sub-Saharan Africa : a research-paradigm approach / Osarumwenze Iguisi (p. 115-139). --An empirical study of the Botswana crafts market / S.K. Massimo, P.T. Mburu and K. Mutua (p. 141-168). --The role of the Internet : how are Botswana SMEs using the Internet? / B.A.S. Magembe and A.P. Shemi (p. 169-189). --The development of export trade in Tanzania : an export vision / Enos S. Bukuku (p. 191-208). --Exploring the potentialities of export processing free zones (EPZ) for SME development in sub-Saharan Africa: lessons from Mauritius / Lettice Kinunda-Rutashobya(p. 209-226). --The national micro-finance polity / Grace Rubambey (p. 227-233). --Reflections on the economic value of EPZs creating a supply side foundation for international competitiveness / J.L. Simbakalia (p. 235-241). --Making market knowledge competence a strategic source of entrepreneurship / K. Okoso-Amaa (p. 241-249).

Small Enterprises Adjusting to Liberalization in Five African Countries

Author : Ronald L. Parker
Publisher : World Bank Publications
ISBN 13 : 9780821331545
Total Pages : 108 pages
Book Rating : 4.3/5 (315 download)

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Book Synopsis Small Enterprises Adjusting to Liberalization in Five African Countries by : Ronald L. Parker

Download or read book Small Enterprises Adjusting to Liberalization in Five African Countries written by Ronald L. Parker and published by World Bank Publications. This book was released on 1995-01-01 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study incorporates data from comparable surveys across five African countries - Ghana, Malawi, Mali, Senegal, and Tanzania - to analyze how small and micro enterprises have been positively and negatively affected by policy liberalization schemes. Som

Proceedings

Author : International Council for Small Business Southern Africa. Conference
Publisher :
ISBN 13 : 9780958387811
Total Pages : pages
Book Rating : 4.3/5 (878 download)

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Book Synopsis Proceedings by : International Council for Small Business Southern Africa. Conference

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:

African Small and Medium Enterprises, Networks, and Manufacturing Performance

Author : Tyler Biggs
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (931 download)

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Book Synopsis African Small and Medium Enterprises, Networks, and Manufacturing Performance by : Tyler Biggs

Download or read book African Small and Medium Enterprises, Networks, and Manufacturing Performance written by Tyler Biggs and published by . This book was released on 2012 with total page 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.