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Entrepreneurship and economic growth in developing countries: Evidence from Africa

Entrepreneurship and economic growth in developing countries: Evidence from Africa
Entrepreneurship and economic growth in developing countries: Evidence from Africa
The nexus between entrepreneurship and economic growth has been examined in entrepreneurship and economic development literature. Yet, a critical analysis of these studies shows that research attention has mainly been focused on advanced economies leaving much to be understood in developing countries especially in Africa. Using data from the World Development Indicator on 10 African countries (Botswana, Morocco, Mauritius, Namibia, Nigeria, Rwanda, Senegal, Sierra Leon, South Africa, and Zambia), this study tests the effects of entrepreneurship and on economic growth. The results of the analysis show that entrepreneurship is positive and significantly stimulates economic growth. Based on this finding, policy implications are discussed.
388-394
Peprah, Augustine Awuah
bae898c9-95d3-4010-966a-f06785f645fb
Adekoya, Adenuga Fabian
636cb107-30ca-480b-a088-8f3cac5fd5bb
Peprah, Augustine Awuah
bae898c9-95d3-4010-966a-f06785f645fb
Adekoya, Adenuga Fabian
636cb107-30ca-480b-a088-8f3cac5fd5bb

Peprah, Augustine Awuah and Adekoya, Adenuga Fabian (2020) Entrepreneurship and economic growth in developing countries: Evidence from Africa. Business Strategy and Development, 3 (3), 388-394. (doi:10.1002/bsd2.104).

Record type: Article

Abstract

The nexus between entrepreneurship and economic growth has been examined in entrepreneurship and economic development literature. Yet, a critical analysis of these studies shows that research attention has mainly been focused on advanced economies leaving much to be understood in developing countries especially in Africa. Using data from the World Development Indicator on 10 African countries (Botswana, Morocco, Mauritius, Namibia, Nigeria, Rwanda, Senegal, Sierra Leon, South Africa, and Zambia), this study tests the effects of entrepreneurship and on economic growth. The results of the analysis show that entrepreneurship is positive and significantly stimulates economic growth. Based on this finding, policy implications are discussed.

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More information

Accepted/In Press date: 3 January 2020
e-pub ahead of print date: 23 February 2020
Published date: 9 September 2020

Identifiers

Local EPrints ID: 471161
URI: http://eprints.soton.ac.uk/id/eprint/471161
PURE UUID: e3ccd19c-9882-4660-b496-9fcccec0a90b
ORCID for Augustine Awuah Peprah: ORCID iD orcid.org/0000-0002-6497-9161

Catalogue record

Date deposited: 28 Oct 2022 16:41
Last modified: 30 Oct 2023 03:32

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Contributors

Author: Augustine Awuah Peprah ORCID iD
Author: Adenuga Fabian Adekoya

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