African Small and Medium Enterprises, Networks, and Manufacturing Performance

African Small and Medium Enterprises, Networks, and Manufacturing Performance

Author: Tyler Biggs

Publisher: World Bank Publications

Published: 2006

Total Pages: 41

ISBN-13:

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"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. "


African Small and Medium Enterprises, Networks, and Manufacturing Performance

African Small and Medium Enterprises, Networks, and Manufacturing Performance

Author: Tyler Biggs

Publisher:

Published: 2016

Total Pages: 41

ISBN-13:

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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 ofinsidersand, 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.


African Small and Medium Enterprises, Networks, and Manufacturing Performance

African Small and Medium Enterprises, Networks, and Manufacturing Performance

Author: Tyler Biggs

Publisher:

Published: 2012

Total Pages:

ISBN-13:

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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.


What Matters to African Firms?

What Matters to African Firms?

Author: Alan Gelb

Publisher: World Bank Publications

Published: 2008

Total Pages: 36

ISBN-13:

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Abstract: Can perceptions data help us understand investment climate constraints facing the private sector? Or do firms simply complain about everything? In this paper, the authors provide a picture of how firms' views on constraints differ across countries in Sub-Saharan Africa. Using the World Bank's Enterprise Surveys database, they find that reported constraints reflect country characteristics and vary systematically by level of income-the most elemental constraints to doing business (power, access to finance, ability to plan ahead) appear to be most binding at low levels of income. As countries develop and these elemental constraints are relaxed, governance-related constraints become more problematic. As countries move further up the income scale and the state becomes more capable, labor regulation is perceived to be more of a problem-business is just one among several important constituencies. The authors also consider whether firm-level characteristics-such as size, ownership, exporter status, and firms' own experience-affect firms' views on the severity of constraints. They find that, net of country and sector fixed effects and firm characteristics, firms' views do reflect their experience as evidenced by responses to other questions in surveys. The results suggest that there are both country-level and firm-level variations in the investment climate. Turning to the concept of "binding constraints," the Enterprise Surveys do not generally suggest one single binding constraint facing firms in difficult business climates. However, there do appear to be groups of constraints that matter more at different income levels, with a few elemental constraints being especially important at low levels and a few regulatory constraints at high levels, but a difficult range of governance-related constraints at intermediate levels. Adjusting to a constraint does not mean that firms then do not recognize it-for example, generator-owning firms are not distinguishable from other firms when ranking electricity as a constraint. Overall, firms do appear to discriminate between constraints in a reasonable way. Their views can provide a useful first step in the business-government consultative process and help in prioritizing more specific behavioral analysis and policy reforms.


Small and Medium Enterprises

Small and Medium Enterprises

Author: Information Resources Management Association

Publisher: IGI Global

Published: 2013-04-30

Total Pages: 2031

ISBN-13: 1466638877

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"This book provides a comprehensive collection of research on current technological developments and organizational perspectives on the scale of small and medium enterprises"--Provided by publisher.


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

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

Author: Dr. Chinyere Almona

Publisher: AuthorHouse

Published: 2020-09-24

Total Pages: 182

ISBN-13: 1728373158

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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.


SME Policy Index The Mediterranean Middle East and North Africa 2018 Interim Assessment of Key SME Reforms

SME Policy Index The Mediterranean Middle East and North Africa 2018 Interim Assessment of Key SME Reforms

Author: OECD

Publisher: OECD Publishing

Published: 2018-09-15

Total Pages: 172

ISBN-13: 9264304169

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The report looks at key SME and entrepreneurship policy reforms over the past years since the publication of the SME Policy Index for the MENA region in 2014. It notes the continued efforts by MED economies to develop SMEs and start-ups as means to reduce unemployment, promote economic ...


Handbook of Research on Sustaining SMEs and Entrepreneurial Innovation in the Post-COVID-19 Era

Handbook of Research on Sustaining SMEs and Entrepreneurial Innovation in the Post-COVID-19 Era

Author: Baporikar, Neeta

Publisher: IGI Global

Published: 2021-02-05

Total Pages: 676

ISBN-13: 1799866343

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A multidimensional approach to entrepreneurship, especially in the post-COVID-19 era, will have an important influence on the state of business and government, especially when considering the effects of technological development, innovation, glocalization, and nationalization policies that need to be adopted for inclusive sustainable growth, as well as the enhanced and efficient utilization of global resources. That means there is likely to be a shift in how entrepreneurship development and entrepreneurial opportunities will be perceived, developed, and resourced. The question is how to sustain SMEs and entrepreneurial innovation in the post-COVID-19 era. Thus, comprehensive research and knowledge on designing policies and approaches to ensure the sustainability of SMEs and entrepreneurial innovation in post-pandemic times are essential to sustain, stimulate, and foster SMEs, entrepreneurship, and entrepreneurial innovations. The Handbook of Research on Sustaining SMEs and Entrepreneurial Innovation in the Post-COVID-19 Era provides research dedicated to entrepreneurship with a special emphasis on the sustainability of SMEs and entrepreneurial innovations in the post-COVID-19 era. It provides discussion and the exchange of information on principles, strategies, models, techniques, methodologies, and applications of entrepreneurship in the post-COVID-19 era in the field of public and private organizations. The chapters communicate the latest developments and thinking on the entrepreneurship subject worldwide by drawing on the latest developments, ideas, research, and best practice to examine the implications of the changes taking place due to COVID-19. This book is ideally intended for entrepreneurs, global organizations, small and medium-sized enterprises, managers, executives, government officials, policymakers, researchers, academicians, and students who are interested in learning about, designing, or implementing policies that are more effective in the post-pandemic era.


The Politics of Corruption in Dictatorships

The Politics of Corruption in Dictatorships

Author: Vineeta Yadav

Publisher: Cambridge University Press

Published: 2015-12-30

Total Pages: 519

ISBN-13: 1316660028

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The Politics of Corruption in Dictatorships studies how institutional and social factors influence corruption in dictatorships. Dictatorships are often synonymous with high levels of corruption, yet Vineeta Yadav and Bumba Mukherjee argue otherwise. The authors ask why corruption has declined in some but not other authoritarian regimes. What are the main political factors that drive some autocrats to curb corruption? The book explores the role that business mobilization can play in reducing corruption under some conditions in dictatorships. It investigates how political competition for an elected legislature affects the incentives of dictators to engage in corruption. The study relies on case studies from Jordan, Malaysia, and Uganda. The book is accessible to a wide audience without requiring sophisticated statistical training.


Productivity Improvement in Manufacturing SMEs

Productivity Improvement in Manufacturing SMEs

Author: Thomas Thinandavha Munyai

Publisher: Taylor & Francis

Published: 2017-12-12

Total Pages: 367

ISBN-13: 1351718967

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This book focuses on the application of workstudy in productivity of manufacturing SMEs locally and abroad and also explores various industrial problems which face manufacturing SMEs in developing and underdeveloped countries in the rest of the world. Low productivity is currently a serious challenge facing manufacturing SMEs, where these SMEs are operating below expected production output levels which makes it difficult for them to compete in the global market. SMEs are the engine drivers of economic growth, one of which is manufacturing. The challenge is that government from various countries in developing and underdeveloped countries, mandated agencies in their respective areas, to ensure that there is economic progress for these SMEs, but productivity remains low in the manufacturing SMEs. When SMEs do not perform well, productivity of manufacturing SMEs declines and unemployment increases. Thus, an increase in unemployment results in a drop of GDP in the country and can become a global and economic crisis. This book describes a process which enables the reader to use effective knowledge that addresses problems facing the productivity of manufacturing SMEs such as work study tools and case studies and provides solutions and applications to improve the running of the manufacturing SMEs in growing their productivity.