Success and Failure of Microbusiness Owners in Africa

Success and Failure of Microbusiness Owners in Africa PDF Author: Michael Frese
Publisher: Bloomsbury Publishing USA
ISBN: 0313095698
Category : Business & Economics
Languages : en
Pages : 216

Get Book

Book Description
Only if they do the right thing at the right time will owners of small businesses succeed. Simple enough, but what are the factors in their psychological makeup that enable them to do it? Frese and his contributors have studied small businesses in four African countries from a psychological perspective—the first time this has been done—and report that it's the psychological aspects of their strategies, not just the strategies themselves, that contribute significantly to their success. They also prove that many of the stereotypes that seem to characterize the owners of microbusinesses are clearly incorrect. Executives, analysts, bankers, international entrepreneurs, and their academic colleagues will discover that many of the conclusions they have drawn from previous studies can not be generalized. Only by separating those that can be generalized from those that can not, can we get a true understanding of the small business entrepreneurial dynamic. Frese and his colleagues focus on South Africa, Zimbabwe, Uganda, and Zambia to produce a clear overview of the research on microbusiness and entrepreneurship in developing countries. They find that psychological strategies are closely related to entrepreneurial success, but because conditions in these countries differ widely, the particulars of certain strategies and their effectiveness may also differ. They show that a number of ideas prevalent among professionals and entrepreneurship researchers in developing countries need to be challenged. Among them, that microenterprise owners who started their companies because they were unemployed do worse than those who started for other, more positive reasons. Also, that human capital (education) represents the most important set of variables to be considered for success (it isn't), or that employing family members decreases success (it doesn't). Well written and impeccably researched, the book is an essential contribution to corporate and academic libraries, as well as to the knowledge of individuals in business, psychology, entrepreneurial and regional studies, and related fields.

Success and Failure of Microbusiness Owners in Africa

Success and Failure of Microbusiness Owners in Africa PDF Author: Michael Frese
Publisher: Bloomsbury Publishing USA
ISBN: 0313095698
Category : Business & Economics
Languages : en
Pages : 216

Get Book

Book Description
Only if they do the right thing at the right time will owners of small businesses succeed. Simple enough, but what are the factors in their psychological makeup that enable them to do it? Frese and his contributors have studied small businesses in four African countries from a psychological perspective—the first time this has been done—and report that it's the psychological aspects of their strategies, not just the strategies themselves, that contribute significantly to their success. They also prove that many of the stereotypes that seem to characterize the owners of microbusinesses are clearly incorrect. Executives, analysts, bankers, international entrepreneurs, and their academic colleagues will discover that many of the conclusions they have drawn from previous studies can not be generalized. Only by separating those that can be generalized from those that can not, can we get a true understanding of the small business entrepreneurial dynamic. Frese and his colleagues focus on South Africa, Zimbabwe, Uganda, and Zambia to produce a clear overview of the research on microbusiness and entrepreneurship in developing countries. They find that psychological strategies are closely related to entrepreneurial success, but because conditions in these countries differ widely, the particulars of certain strategies and their effectiveness may also differ. They show that a number of ideas prevalent among professionals and entrepreneurship researchers in developing countries need to be challenged. Among them, that microenterprise owners who started their companies because they were unemployed do worse than those who started for other, more positive reasons. Also, that human capital (education) represents the most important set of variables to be considered for success (it isn't), or that employing family members decreases success (it doesn't). Well written and impeccably researched, the book is an essential contribution to corporate and academic libraries, as well as to the knowledge of individuals in business, psychology, entrepreneurial and regional studies, and related fields.

Entrepreneurship in Sub-Saharan Africa

Entrepreneurship in Sub-Saharan Africa PDF Author: John O. Ogbor
Publisher: AuthorHouse
ISBN: 1438933924
Category : Entrepreneurship
Languages : en
Pages : 714

Get Book

Book Description
The importance of entrepreneurship as an engine for innovation, economic growth, job creation and wealth especially in the context of Sub-Saharan Africa cannot be overemphasized. Entrepreneurship in Sub-Saharan Africa examines the socio-cultural, global, economic, financial, political, infrastructure and organizational contexts of entrepreneurship in Sub-Saharan Africa. Second, the book presents a strategic management approach for the management of entrepreneurial and small business ventures in the region. Written with a focus on theory and practice, the book is suitable for undergraduate and graduate courses in business and management studies and as a reference tool for practicing and prospective entrepreneurs, small business owners and economic change agents. Keywords: Entrepreneurship, Small Business Management, Sub-Saharan Africa, Strategic Management, Marketing, Globalization, Business Plan, Socio-cultural, financial, political, institutional, infrastructure and organizational contexts. Number of pages: 684

Entrepreneurship and Culture

Entrepreneurship and Culture PDF Author: Andreas Freytag
Publisher: Springer Science & Business Media
ISBN: 3540879102
Category : Business & Economics
Languages : en
Pages : 329

Get Book

Book Description
The book is an innovative compilation of papers that explore the relationship between cultural features and entrepreneurship. The relative stability of differences in entrepreneurial activity across countries suggests that other than economic factors are at play. The contributions to this edited volume deal with the foundations of entrepreneurship and with the effects of different cultural settings on the incidence and success of entrepreneurs. Topics are individual decision making in a cultural context, regional aspects of entrepreneurship, cross-country differences, and the influence of culture on entrepreneurial activity.

Toward a Psychology of Entrepreneurship

Toward a Psychology of Entrepreneurship PDF Author: Michael Frese
Publisher: Now Publishers Inc
ISBN: 1601982968
Category : Entrepreneurship
Languages : en
Pages : 73

Get Book

Book Description
Towards a Psychology of Entrepreneurship examines a theory of entrepreneurship, its empirical base and its implications. First, it argues that a psychological approach is necessary to understand entrepreneurship. Second, it argues that any theory of entrepreneurship should use active actions as a starting point - entrepreneurship is the epitome of an active agent in the market, rather than a reactive agent. Third, it discusses an action regulation theory to better understand the psychology of entrepreneurship. Fourth, it provides examples how this theory can help to understand entrepreneurial success. Finally, it suggests intervention programs to help entrepreneurs to be successful at growing their organizations. Towards a Psychology of Entrepreneurship presents a descriptive definition of the entrepreneur. It also emphasize that entrepreneurship does not necessarily imply the start-up and growth of business organizations but is a more general phenomenon of starting social organizations and changing organizations. Thus, it also includes social entrepreneurs in its definition of the entrepreneur - thus, founders of social service organizations are considered part of the entrepreneurship landscape.

The African Context of Business and Society

The African Context of Business and Society PDF Author: Kingsley Obi Omeihe
Publisher: Emerald Group Publishing
ISBN: 1801178526
Category : Business & Economics
Languages : en
Pages : 248

Get Book

Book Description
The New Frontiers in African Business and Society series provides innovative reflections on the nature of business and society across parts of Africa and its emerging economy. Distinguished scholars formulate important answers to the problems within the continent, discovering new avenues of research and pathways forward.

Culpability: Who Is to Blame for the African Nation's Small Business Owners' Insolvency

Culpability: Who Is to Blame for the African Nation's Small Business Owners' Insolvency PDF Author: Dr. Chris Inyang
Publisher: Xlibris Corporation
ISBN: 1669822192
Category : Self-Help
Languages : en
Pages : 102

Get Book

Book Description
The book describes the insolvencies of small businesses in the African nation's economic development and why owners cannot measure up to world standards. The book illustrates the step-by-step approach that small business entrepreneurs must follow to perform as successful business owners. The book demonstrates what entrepreneurs need to be aware of prior to embarking on business ventures. The book outlines the necessities for business owners to become viable leaders in business ventures. This book explains the modalities that cause business insolvencies and how business owners can avoid repeating mistakes others made in the past. Nonetheless, this book is largely intended for those who want to start or are already running their own businesses and have a desire to understand the elements of running a successful business. This book shows countries in the world, including African countries, their positions in small business entrepreneurship. This book highlighted the twelve determining traits that made small business owners into successful entrepreneurs. Furthermore, this book provides the reasons for the acceptability of locally made products or services by customers and explains why customers don’t buy from small businesses. Overall, if owners follow the advice in this book, they will be able to make their dreams come true.

Handbook of Research on Small Business and Entrepreneurship

Handbook of Research on Small Business and Entrepreneurship PDF Author: Elizabeth Chell
Publisher: Edward Elgar Publishing
ISBN: 1849809240
Category : Business & Economics
Languages : en
Pages : 449

Get Book

Book Description
This insightful Handbook focuses on behaviour, performance and relationships in small and entrepreneurial firms.

Social Psychology and Organizations

Social Psychology and Organizations PDF Author: David De Cremer
Publisher: Routledge
ISBN: 1136937897
Category : Psychology
Languages : en
Pages : 676

Get Book

Book Description
This book is one of the first to provide an overview of recent developments in social psychological theory as it applies to organizational issues. It brings together outstanding scholars whose research touches the interfaces of social psychology , IO psychology and organizational behavior. Social psychology deals with social interactions between individuals and groups. As individuals populate, run, and confuse (!) organizations, analyzing individual behavior and interpersonal interactions is critical for understanding organizational effectiveness and success, as well as individual satisfaction and well-being. The chapters in this volume address the critical topics for current and future organizational life such as prosocial and antisocial behavior, ethics, trust, creativity, diversity, stress, conflict, power and leadership and many more.

Sustainable Entrepreneurship

Sustainable Entrepreneurship PDF Author: Vanessa Ratten
Publisher: Springer
ISBN: 3030123421
Category : Business & Economics
Languages : en
Pages : 170

Get Book

Book Description
Sustainable entrepreneurship focuses on how the environment is embedded within business practices. This book examines collaboration strategies and initiatives for sustainable entrepreneurs with a wide variety of partners, and demonstrates how they can be used to increase overall performance and achieve global competitiveness. Based on the latest empirical evidence from emerging economies, the book’s respective chapters address sustainability issues in connection with knowledge creation and learning, outsourcing, and the roles of universities, consultants, and the public sector.

Survival Tactics

Survival Tactics PDF Author: Ted Sun
Publisher: Bloomsbury Publishing USA
ISBN: 1567207308
Category : Business & Economics
Languages : en
Pages : 217

Get Book

Book Description
By any measure, the movement toward entrepreneurship is increasing each year; data from the Small Business Administration indicates that there are over 5 million small businesses in operation in the United States. And while many resources provide practical information to guide the entrepreneur or small business owner through the challenges of establishing, managing, and growing their business, few tackle the more personal side of entrepreneurship in a rigorous fashion. According to a recent Gallup poll, seven out of ten high school students report that they want to start and run their own business. Every year, five million Americans launch their own ventures, according to the Small Business Administration. By any measure, the movement toward entrepreneurship is increasing each year. While many resources provide practical information to guide the entrepreneur or small business owner through the challenges of establishing, managing, and growing their business, few tackle the more personal side of entrepreneurship in a rigorous fashion. As Ted Sun argues, countless people are entering entrepreneurship in one form or another. Most have no clue how to be one.