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There seems to be a cloud of scepticism hanging over the value of entrepreneurship to the growth processes of developing economies. This haze of scepticism is fuelled by the reverberating mantra by a section of the extant literature that replicative entrepreneurship (entrepreneurship which is generally considered not to be growth-supporting) is pervasive in developing economies including Africa. We take motivation from this postulation to investigate whether entrepreneurship is of any relevance to the growth processes of 12 African countries. The results show that entrepreneurship positively explains the variations in the growth of the study countries. It is, thus, reasonable to contend that entrepreneurship in developing economies including Africa even if replicative is instrumental to economic growth.

This study provides quantitative evidence on the positive effect of spending on socially responsible causes on the long-term growth of U.S technology companies. Maximizing shareholder wealth remains the overarching principle driving organizational strategies, but this has always conflicted with other stakeholders' interests. Because of these conflicting priorities, entrenching the principles of social responsibility has become imperative. We leverage content analysis, fixed-effects and pooled regression models to examine the effect of engaging in CSR on tech companies' corporate financial performance in the U.S. The empirical study consists of panel data of the top 100 tech companies listed on the S&P 500 for the period 2017 and 2019. We examine the link between corporate financial performance and CSR proxies. The main results indicate that tech companies that spend more on CSR experience a corresponding increase in revenue and profitability. Contrary to previous studies, we observe insignificant evidence to support a relationship between CSR and Tobin's Q.

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The bounds testing approach to cointegration analysis is employed in this paper to examine whether the risk premium demanded by the banking sector moderates the finance–growth nexus with data (1970–2015) from South Africa. To the extent that the interaction between risk premium and financial development positively affects growth in the long run, we affirm that the risk premium demanded by the banking sector represents a significant channel through which financial development drives growth. The main policy implication of this finding is that financial liberalization that removes interest rates restrictions, allowing the banking sector to adequately price risk, is in the best interest of the South African economy.

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