Small Enterprises and Economic Development

Small Enterprises and Economic Development PDF Author: Carl E. Liedholm
Publisher: Routledge
ISBN: 1135118159
Category : Business & Economics
Languages : en
Pages : 146

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Book Description
Micro and small enterprises (MSEs) have been recognized as a major contemporary source of employment and income in a growing number of developing countries. Yet, relatively little is known about the characteristics and patterns of change in these enterprises. This volume examines the dynamics of MSEs in the development process. Drawing on a unique set of surveys conducted in twelve countries in Africa and Latin America the authors map the patterns of change in MSEs in the developing world. Subjects covered include: * significance of new start and closure rates of MSEs * factors involved in expansion rates and growth patterns of MSEs * the role of gender in MSEs evolution.

Micro and Small Enterprise in Kenya

Micro and Small Enterprise in Kenya PDF Author: Joan C. Parker
Publisher:
ISBN:
Category : Small business
Languages : en
Pages : 130

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Factors Affecting Growth of Micro and Small Enterprises in Kenya

Factors Affecting Growth of Micro and Small Enterprises in Kenya PDF Author: Anne Gitonga
Publisher:
ISBN: 9789966777362
Category : Small business
Languages : en
Pages : 42

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Industrial Districts and Local Economic Regeneration

Industrial Districts and Local Economic Regeneration PDF Author: Frank Pyke
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 316

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Support for Growth-oriented Women Entrepreneurs in Kenya

Support for Growth-oriented Women Entrepreneurs in Kenya PDF Author: Lois Stevenson
Publisher: International Labour Organization
ISBN: 9221168204
Category : Businesswomen
Languages : en
Pages : 78

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Book Description
The African Development Bank's (AfDB) Addis Ababa Forum in June 2003 focused on the role of women entrepreneurs in private sector development, poverty reduction, and sustainable growth and development. It provided an opportunity for the AfDB and the International Labour Office (ILO) to join forces using their complementary expertise in support of women-owned businesses in Tanzania, Ethiopia and Zambia. This report is based on the country assessment for Kenya, where the ILO has been researching and supporting women's entrepreneurship. Examining such issues as the economic context, micro-finance.

Industrial Clusters and Micro and Small Enterprises in Africa

Industrial Clusters and Micro and Small Enterprises in Africa PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 082138628X
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
The World Bank, Japan International Cooperation Agency (JICA) Research Institute, and the Foundation for Advanced Studies on International Development (FASID), in collaboration with researchers affiliated with the African Economic Research Consortium (AERC), recently conducted a study on Africa s domestic enterprises to improve the understanding of the constraints micro and small enterprises in Africa face in improving productivity and expanding their markets. In Africa, there are stark performance gaps between domestically owned enterprises and foreign-owned enterprises in terms of sales performance, productivity, and ability to reach distant markets. Among others, size appears to be a dominant factor in explaining the gap. Against this background, the study analyzes how naturally formed industrial clusters concentrations of enterprises engaged in same or closely related industrial activities in specific locations could potentially mitigate constraints Africa s micro and small enterprises face and enhance their business performance. The study is one of the first comprehensive quantitative inquiries on industrial clusters in Africa. The analysis specifically focuses on the role of spontaneously grown clusters of light manufacturing industries based on a set of original case studies of industrial clusters conducted for this research project. One of the key findings from the case studies was that cluster-based micro and small enterprises are performing better than similar micro and small enterprises outside of the clusters in terms of sales performance and ability to reach distant markets. Market access is a leading reason for cluster-based enterprises to choose their current locations. However, cluster-based enterprises face another set of unique growth constraints. By the very nature of spontaneous agglomera tion, new enterprises continue to flow to the clusters seeking the profit opportunities and better access to markets at such locations. The result can be intense competition in addition to increased congestion. Space constraints often impede growth within clusters. The lack of alternative locations available for industrial activities in the same cities, generic infrastructure bottlenecks, and unclear zoning policies and their unpredictable changes limit firms location choices and constrain their mobility. While competition should improve efficiency, lack of capacity among those competing cluster-based enterprises to invest and innovate does not generate growth out of the competition. The vast majority of naturally formed clusters of light manufacturing industries in Africa are still at a survival level, where agglomeration externalities are only limited to expand quantity but not quality as we observe in more advanced innovation-oriented clusters in elsewhere in the world. Existing studies on such natural industrial clusters in Africa have found that the lack of managerial skills among entrepreneurs running micro and small enterprises is a major constraint for innovation and growth in the clusters. As a part of this study, pilot managerial skills training programs were conducted in two industrial clusters on an experimental basis, where a group of randomly selected entrepreneurs within the clusters were given three-week long crush course of based management such as bookkeeping, marketing, business planning, and production management. The impact evaluation of the experiments showed significant positive impacts of the training programs on value added and gross profits of enterprises. Raising the current survival-type industrial clusters, which have been formed as a coping mechanism to weak investment climate, into more dynamic innovating clusters will be an important avenue for fostering growth of micro and small enterprises in Africa. While national efforts to improve investment climate and investments in human capital are undoubtedly important, there could be more targeted policies to be formulated, in complementing general policies, to support growth of micro and small domestic enterprises using existing industrial clusters as a natural springboard for their growth. In that context, the study discusses the merit of cluster-based managerial human capital development to build steps toward more innovation-oriented clusters, the importance of sound spatial planning policy, particularly at the local level in the context of urban planning, the need to expand market access and economic linkages for industrial clusters including regional integration and linkages with large enterprises.

Jua Kali Kenya

Jua Kali Kenya PDF Author: Kenneth King
Publisher: Ohio State University Press
ISBN: 9780821411575
Category : Business & Economics
Languages : en
Pages : 270

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Book Description
Analyzes the three televised debates in 1992 among presidential candidates Bill Clinton, George Bush, and Ross Perot, showing how candidates used persuasive attack and defense strategies to undermine their opponents and preserve vital issues of personal credibility and policy matters. Includes complete transcripts of the debates. Annotation copyright by Book News, Inc., Portland, OR

Influence of Risk Management Practices on the Performance of Small Micro Enterprises in Eldoret Town, Kenya

Influence of Risk Management Practices on the Performance of Small Micro Enterprises in Eldoret Town, Kenya PDF Author: Judith Jebichii Tuwei
Publisher: GRIN Verlag
ISBN: 3668789339
Category : Business & Economics
Languages : en
Pages : 19

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Book Description
Research Paper (postgraduate) from the year 2018 in the subject Business economics - Miscellaneous, , language: English, abstract: Risk management focuses on adopting a systematic and consistent approach to manage all of the risks confronting organization. Risks distinctiveness applicable to SMEs in Kenya include: uncertain risk, a chance of loss, normally accidental, sudden and unforeseen. This uniqueness makes entrepreneurs to seriously think about risk, its impact on their businesses and how risk can be managed. It is therefore important to investigate the influence of risk management practices on performance of small micro enterprises. Five specific research objectives guided the study i.e. to identified the Components of risk in small and medium enterprises (SMEs, to examine the various kind of risk connected with SMEs, to identified risk management methods and techniques used to determine and monitor risks within SMEs, to determine the effect of risk management practices on SMEs performance and to identify impediment associated with risk management of SMEs in Eldoret. The descriptive research was employed in the study. The target population comprises of SME operators mainly drawn manufacturing, services and processing within Eldoret CBD. The sample for the study was selected using stratified random and simple random sampling methods. The research instruments were questionnaire, observation and interview. The data was analyzed using descriptive statistics (frequency tables), while correlation and regression analysis were used to test the hypotheses. The finding of the showed that very few SME owners, managers, entrepreneurs or key designated employees make use of risk management tools and techniques within their businesses, to achieve growth and sustainability. However, the majority agreed to the high importance of risk management in the success of a business enterprise. The findings of the study furthered revealed that leverage on financial structure, issue of collateral security, incapacity to go for technological advancement; tough competition and inadequate margin are among the risk associated with SMEs. The findings of the study furthered suggest that the risk management practice has a lot of effect on SMES performance. This study is significant since it is hoped the findings and recommendations of the study will assist the policy makers in the Ministry of Trade and Industry in making appropriate decisions.

Support for Growth-oriented, Women Entrepreneurs in Ethiopia, Kenya, and Tanzania

Support for Growth-oriented, Women Entrepreneurs in Ethiopia, Kenya, and Tanzania PDF Author: Lois Stevenson
Publisher: International Labour Organization
ISBN: 9221170055
Category : Businesswomen
Languages : en
Pages : 114

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Book Description
Covers the background information to the ILO-African Development Bank country-level studies on the subject and presents the findings and recommendations resulting from the application of the analytical integrated framework in the three countries.

Micro, Small and Medium-size Enterprises (MSMEs) as Suppliers to the Extractive Industry

Micro, Small and Medium-size Enterprises (MSMEs) as Suppliers to the Extractive Industry PDF Author:
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 88

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Book Description