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MPRA_paper_94580.pdf

🔗 Source: mpra.ub.uni-muenchen.de

📊 Size: 586 KB

👤 Author: ROOM

⬇️ Downloads: 69

Summary

It defines small business owners as those motivated by subsistence, while entrepreneurs are driven by profit-making and expansion. The study reviews literature on SME growth and challenges in Africa, citing inadequate capital, poor infrastructure, and lack of managerial competency as key obstacles. Researchers such as Akpan, Sadaka, and Usman highlight the importance of addressing these challenges to promote sustainable economic growth. The paper also notes that small businesses in Africa face significant barriers to growth, including structural and environmental challenges, and that the rate of business failures is higher in developing and underdeveloped countries than in developed ones.

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Description

It defines small business owners as those motivated by subsistence, while entrepreneurs are driven by profit-making and expansion.

Technical Information

File Format: PDF
File Size: 586 KB
Pages: 26
Language: EN
Author: ROOM
Total Downloads: 69
Last Updated: 1 week ago

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