Entrepreneurship indicators, policies and their influence on the business environment in West Africa

Background: This article examined the performance of entrepreneurship indicators and their influence on the business environments through economic rankings in selected Anglophone and Francophone countries in West Africa.Aim: An institutional framework for entrepreneurship indicators was adopted as a measure for entrepreneurship in the region focusing on its determinants, impacts and outcomes.Setting: The colonial policy of indirect rule in the Anglophone West Africa focused on economic development and national integration, while the colonial policy of assimilation in the francophone focused on trade and centralisation.Method: This study focused on a comparative evaluation and synthesis.Results: The study found that the Anglophone countries were more entrepreneurship enhancing than the Francophone divide, but the economies in the region were all factor driven.Conclusion: The study recommends private sector partnership in the drive to promote entrepreneurship so that the entrepreneurship drive in the countries aim towards innovative and efficient competitiveness.

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Cabo Verde

IMF Staff Country Reports ◽

10.5089/9781475557732.002 ◽

2016 ◽

Vol 2016 (367) ◽

Author(s):

Keyword(s):

Economic Development ◽

Private Sector ◽

Credit Market ◽

Financial Sector ◽

Business Environment ◽

Banking Supervision ◽

Credit Growth ◽

Demand And Supply ◽

Cabo Verde ◽

Credit Demand

This Selected Issues paper examines whether the recent slowdown in private sector credit growth in Cabo Verde is demand or supply driven. Although in the late 2000s, demand factors have been the main drivers in Cabo Verde’s credit market, supply dynamics’ role has increased in recent years. For Cabo Verde to promote private sector-led growth and sustainable economic development, reforms aiming at strengthening both credit demand and supply will be essential. These include improving the business environment for the private sector as well as strengthening the financial sector by ensuring prudent banking supervision and an effective resolution of the nonperforming loan overhang.

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Anthropological Responsibility in Nigeria

The Nigerian Journal of Sociology and Anthropology ◽

10.36108/njsa/8002/60(0110) ◽

2008 ◽

Vol 6 (1) ◽

Author(s):

Onigu Otite

Keyword(s):

Economic Development ◽

Theoretical Orientation ◽

Constrained Systems ◽

Total System ◽

Social Anthropology ◽

Major Drawback ◽

National Integration ◽

Rule System ◽

Linkage Relationships ◽

Indirect Rule

This paper participates in the crucial debate on the end of anthropology with particular reference to Nigeria. It takes the view that social anthropology predates colonialism which system nevertheless gave the discipline a slanted impetus of an exploitative and utilitarian nature. Under the colonial system, social anthropologists, mostly foreigners, were requested and/or funded to provide utilizable data on various indigenous systems in Nigeria. This led to a type of academic scramble in which social anthropological carved out “territories” for themselves through a glorification of the exclusive symbols and relationships which they found and through some grand theories based on these. The colonial indirect rule system tended to consolidate the sociocultural units marked out by these anthropological and quasi anthropological investigations. One major drawback of most of the early anthropological monographs in Nigeria is the general absence of the analysis of inter ethnic linkage relationships for clues to socio-cultural differences-reduction so that anthropology provides weak or no answer to the problem of increased ethnicity resulting from increased individual and group interaction in the emergent dynamic Nigerian society. This lack of knowledge of cultural and systemic convergence may, in part, be attributed to the theoretical orientation of social anthropology and to its preoccupation with smallscale and isolated total-system studies, presented in an ethnographic presence. Such anthropology and such theoretical kit and perspectives now have their limitations in any serious studies geared towards national integration and development. Thus, in order not to kill itself in Nigeria, social anthropology has to be macrosociological, refraining centrally from concern with some exotic micro-system or some zoo custom or joking relationship unless the relevance of this can be shown in the solutions to the problem of the Nigerian national political and economic development and integration. Formerly independent indigenous states and other anthropological preserves are now inescapably encapsulated as continuing but constrained systems in Nigeria. This continuing coexistence guarantees a place for social anthropology; the relevance of this place depends on anthropological contributions to national integration and to political and economic development.

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Die PESTEL-Analyse – Status quo und innovative Anpassungen

Der Betriebswirt: Volume 54, Issue 3 - Der Betriebswirt ◽

10.3790/dbw.61.1.3 ◽

2020 ◽

Vol 61 (1) ◽

pp. 3-21

Author(s):

Rahel M. Schomaker ◽

Alexander Sitter

Keyword(s):

Economic Development ◽

Business Management ◽

Business Environment ◽

Status Quo ◽

Institutional Framework ◽

Entrepreneurial Activity ◽

Negative Effects ◽

Market Conditions ◽

Framework Conditions

Abstract The link between economic development, entrepreneurial activity, and institutional framework conditions has been focused by scholars from different disciplines, inter alia economics and business management, and is of utmost relevance also for practitioners. This applies in particular to the question of those macro factors that exert an influence on the sustainable success of entrepreneurial activity. PESTEL analysis as a strategic tool that focuses on the assessment of the business environment in terms of specific market conditions, (likely) developments and their positive or negative effects on an enterprise is a popular instrument in this context. However, the existing literature often offers only a compilation and partial discussion of categories and dimensions, but does not include a discussion of the effects of specific framework conditions in detail, nor provides concrete indicators to make the concept operable. The article deals with this question, providing an operationalization of numerous sub-categories of PESTEL, as well as discussing possible extensions to the PESTEL toolbox that become necessary against the backdrop of globalization and digitization. Zusammenfassung Der Zusammenhang zwischen wirtschaftlicher Entwicklung einerseits und institutionellen Rahmenbedingungen andererseits wird in der einschlägigen Literatur seit langem diskutiert. Dies gilt insbesondere für die Frage nach denjenigen Makrofaktoren, welche einen Einfluss auf den Erfolg unternehmerischer Tätigkeit ausüben. Die PESTEL-Analyse als strategisches Instrument fokussiert das Unternehmensumfeld in Hinblick auf spezifische Marktgegebenheiten, (wahrscheinliche) Entwicklungen sowie deren positive oder negative Auswirkungen. Sie soll somit eine fundierte Entscheidungsgrundlage für das Management bieten. Die bestehende Literatur zum Thema bietet jedoch oftmals lediglich eine Zusammenstellung und teilweise Diskussion von Kategorien und Dimensionen, jedoch keine Diskussion ihrer Wirkungen im Einzelnen sowie konkrete Indikatoren, um das Konzept operationalisierbar zu machen. Der vorliegende Beitrag widmet sich dieser Frage und bietet zum einen eine Operationalisierung zahlreicher Sub-Kategorien der PESTEL, zum anderen werden mögliche Erweiterungen, welche insbesondere angesichts voranschreitender Globalisierung und Digitalisierung notwendig werden, vorgestellt und kritisch diskutiert.

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Investment climate and government turnover in russian regions

Voprosy Ekonomiki ◽

10.32609/0042-8736-2014-2-88-117 ◽

2014 ◽

pp. 88-117 ◽

Cited By ~ 4

Author(s):

G. Syunyaev ◽

L. Polishchuk

Keyword(s):

Economic Development ◽

Theoretical Model ◽

Private Sector ◽

Authoritarian Regimes ◽

Russian Regions ◽

Investment Climate ◽

Regional Data ◽

Endogenous Property Rights ◽

The Impact

We study the impact of Russian regional governors’ rotation and their affiliation with private sector firms for the quality of investment climate in Russian regions. A theoretical model presented in the paper predicts that these factors taken together improve “endogenous” property rights under authoritarian regimes. This conclusion is confirmed empirically by using Russian regional data for 2002—2010; early in that period gubernatorial elections had been canceled and replaced by federal government’s appointments. This is an indication that under certain conditions government rotation is beneficial for economic development even when democracy is suppressed.

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Financial Performance of ECIL, Hyderabad – An Analysis

Adhyayan A Journal of Management Sciences ◽

10.21567/adhyayan.v3i2.10184 ◽

2013 ◽

Vol 3 (2) ◽

Author(s):

N. Jyothi ◽

Dr. T. Satyanarayana Chary

Keyword(s):

Public Sector ◽

Performance Analysis ◽

Private Sector ◽

Financial Performance ◽

Business Environment ◽

Present Position ◽

Short Term ◽

Comprehensive Manner

Financial performance of individual organizations differ very significantly, however, the performance is distinguishable between public sector companies and private sector companies as their nature and size of investment and business environment is different . The ECIL is a very vast growing company which requires additional funds on a regular basis, whether internal or external. Particularly, the company needs both long term and short-term finances in view of its present position and enormous scope for improvement in the services provided. The present paper is a modest attempt to discuss the financial performance analysis of ECIL, Hyderabad in terms operating profits, capital employed ratios and turnover in a comprehensive manner over a period of 10 years.

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SERVICE CREATION FOR RE-NORMALISING ESSENTIAL BUSINESS ENVIRONMENT: A PREVENTION BASED DIGITAL TECH APPROACH

Proceedings of the Design Society ◽

10.1017/pds.2021.524 ◽

2021 ◽

Vol 1 ◽

pp. 2631-2640

Author(s):

Santosh Maurya ◽

Tezuka Shin ◽

Kentaro Watanabe ◽

Hiroshi Nakagoe

Keyword(s):

Work Environment ◽

Digital Technology ◽

Business Environment ◽

Business Owners ◽

Proof Of Concept ◽

Business Environments ◽

Digital Services ◽

Service Creation ◽

Prevention Through Design ◽

After Effect

AbstractThis research investigates service creation in/after effect of coronavirus pandemic targeting the essential business environment. It follows prevention through design approach to facilitate business owners to maintain their business environments at low COVID contraction risks, for both customers and staff. The effectiveness of recommended prevention practices (like social distancing and hand-sanitising) is uncertain at public workplaces, simply due to inevitable workers and customers interactions. Such uncertainty, especially in cases of retail stores and hospitals, raises a need for the design of services and support systems for common/necessary public business activities to reduce the burden on people involved. This research investigates the risk-related metrics to realise such digital services, focussing on three types: congestion at the work environment, disinfection of store area/objects, and sanitisation of people and staffs involved. Based on this, a digital technology-based service COVSAFE was created and tested through a proof-of-concept implementation for a supermarket business environment. This implementation and its evaluations highlight the bottlenecks/challenges for realising this system in everyday scenarios.

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