Entrepreneurship and SMEs’ productivity challenges in the sub-Saharan Africa

Igwe, Paul and Onjewu, Adah Emmanuel and Nwibo, Simon Uguru (2018) Entrepreneurship and SMEs’ productivity challenges in the sub-Saharan Africa. In: African entrepreneurship: challenges and opportunities for doing business. 272 . Palgrave Macmillan. ISBN 9783319736990

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Abstract

In sub-Saharan Africa, the majority of businesses operate in the form of a Small and Medium Enterprise (SME). SMEs play a significant role in the economic development of many nations. This paper considers the business environment and entrepreneurship activities in the Sub-Saharan countries of Nigeria, Kenya, Senegal, South Sudan and Tanzania. The review of literature explores issues such as doing business in Africa, size and informality, start-up survival and closure, the determinants of growth and gender issues in African entrepreneurship. Using data from the World Bank Enterprise Survey, it reflects on the factors affecting investment and productivity in Africa as follows: education of the labour force, access to infrastructure, access to finance, size of firms and other business climate variables. Finally, using data from the aforementioned survey, this paper draws pertinent conclusions on the business environment of the region in focus.

Keywords:African Entrepreneurship, SMEs and Productivity Challenges
Subjects:N Business and Administrative studies > N120 International Business studies
Divisions:Lincoln International Business School
ID Code:29022
Deposited On:16 Oct 2017 13:46

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