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Capacity building for entrepreneurship development in Ghana: prospects and challenges

Capacity building for entrepreneurship development in Ghana: prospects and challenges
Capacity building for entrepreneurship development in Ghana: prospects and challenges
Entrepreneurship development is vitally important for the growth and development of all nations. Thus developing countries must put the necessary measures in place to ensure the growth and development of the small business sector. The overarching aim the study was to investigate the prospects and challenges of building the capacities of owner managers and/or entrepreneurs for growth and development. Purposive random sampling technique was used to collect data from forty-one owner managers and nineteen officials of enterprise support organisations. Data collection tools were interviews, documentary analysis and focus group. The main findings of the study were that enterprise support organisations have bespoke programmes aimed at supporting small businesses in Ghana. These programmes were mainly training and financial support. The key challenge they face is the poor attitude of owner managers to their programmes. It was also revealed that the some of the owner managers find it difficult accessing the programmes of the enterprise support organisations because of problems such as inadequate awareness creations, commercialization of training programmes, high cost of accessing finance among others. Apart from these challenges, it was realised that many other challenges such as poor national infrastructure, poor attitude of employees, high rent charges and stiff competition from foreign products. However, the study realised that the owner managers have put measures in place to deal with these challenges in order to survive. It was therefore commended among other things that there should be a central body responsible for the coordination of all activities which are geared towards the development of entrepreneurship. Thus the study contributes to knowledge by developed a framework for entrepreneurship development in Ghana and the developing world. Moreover, there is the application of institutional theory to the study of entrepreneurship development in Ghana, which is unprecedented.
ii
Bamfo, Bylon
ce98cc35-1269-4749-a92e-3c623bccfe0a
Bamfo, Bylon
ce98cc35-1269-4749-a92e-3c623bccfe0a
Karatas-Ozkan, Mine
f5b6c260-f6d4-429a-873a-53bea7ffa9a9

Bamfo, Bylon (2013) Capacity building for entrepreneurship development in Ghana: prospects and challenges. University of Southampton, School of Management, Doctoral Thesis, 281pp.

Record type: Thesis (Doctoral)

Abstract

Entrepreneurship development is vitally important for the growth and development of all nations. Thus developing countries must put the necessary measures in place to ensure the growth and development of the small business sector. The overarching aim the study was to investigate the prospects and challenges of building the capacities of owner managers and/or entrepreneurs for growth and development. Purposive random sampling technique was used to collect data from forty-one owner managers and nineteen officials of enterprise support organisations. Data collection tools were interviews, documentary analysis and focus group. The main findings of the study were that enterprise support organisations have bespoke programmes aimed at supporting small businesses in Ghana. These programmes were mainly training and financial support. The key challenge they face is the poor attitude of owner managers to their programmes. It was also revealed that the some of the owner managers find it difficult accessing the programmes of the enterprise support organisations because of problems such as inadequate awareness creations, commercialization of training programmes, high cost of accessing finance among others. Apart from these challenges, it was realised that many other challenges such as poor national infrastructure, poor attitude of employees, high rent charges and stiff competition from foreign products. However, the study realised that the owner managers have put measures in place to deal with these challenges in order to survive. It was therefore commended among other things that there should be a central body responsible for the coordination of all activities which are geared towards the development of entrepreneurship. Thus the study contributes to knowledge by developed a framework for entrepreneurship development in Ghana and the developing world. Moreover, there is the application of institutional theory to the study of entrepreneurship development in Ghana, which is unprecedented.
ii

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More information

Published date: July 2013
Organisations: University of Southampton, Southampton Business School

Identifiers

Local EPrints ID: 365673
URI: https://eprints.soton.ac.uk/id/eprint/365673
PURE UUID: 52f4ce08-1ce9-46e0-a3ce-213f6412ff2b
ORCID for Mine Karatas-Ozkan: ORCID iD orcid.org/0000-0002-9199-4156

Catalogue record

Date deposited: 08 Jul 2014 11:17
Last modified: 01 May 2019 00:34

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Contributors

Author: Bylon Bamfo
Thesis advisor: Mine Karatas-Ozkan ORCID iD

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