Entrepreneurship and economic growth in developing countries: Evidence from Africa

Augustine Awuah Peprah; Adenuga Fabian Adekoya

doi:10.1002/bsd2.104

journal article Feb 23, 2020

Entrepreneurship and economic growth in developing countries: Evidence from Africa

Augustine Awuah Peprah

Adenuga Fabian Adekoya

Business Strategy & Development Vol. 3 No. 3 pp. 388-394 · Wiley

View at Publisher Save 10.1002/bsd2.104

Abstract

AbstractThe 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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Details

Published: Feb 23, 2020
Vol/Issue: 3(3)
Pages: 388-394
License: View

Authors

A

Augustine Awuah Peprah

Department of Business Administration University of Professional Studies Accra Ghana

A

Adenuga Fabian Adekoya

Department of Economics, School of Arts and Social Sciences Michael Otedola College of Primary Education Lagos Nigeria

Cite This Article

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

Entrepreneurship and economic growth in developing countries: Evidence from Africa

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