Openness, ICT and Entrepreneurship in Sub-Saharan Africa

Abstract

This study has examined how information and communication technology ( JEL Classification: F40; O38; O40; O55; P37

Inequality and gender inclusion: Minimum ICT policy thresholds for promoting female employment in Sub-Saharan Africa

“…Examples of contemporary studies that have built on these neoclassical theoretical insights to establish the The theoretical literature is consistent with the position that ICT provides opportunities of inclusive development because, it, inter alia: (i) avails networks that reduce distances between economic operators and entrepreneurs who may need to physically displace themselves (Ureta, 2008;Shaikh and Karjaluoto, 2015;Efobi et al, 2018). (ii) ICT also mitigates asymmetric information that is associated with economic activities (Asongu and Nwachukwu, 2018b). Such reduction in information asymmetry decreases economic costs and increases the timely availability of information that is essential for the smooth and effective implementation of entrepreneurial operations.…”

Challenges of Doing Business in Africa: A Systematic Review

“…First, as will be substantiated in Section 2, doing business is relevant for economic development because it is positively associated with a multitude of economic development externalities, inter alia: wealth creation and sharing; opportunities of employment; balanced economic and regional prosperity; exports; standards of living, gross domestic product (GDP) and GDP per capita (Adu-Gyamfi, Kuada & Asongu, 2018;Asongu, 2013). Compared to other regions of the world, the African continent is lagging in all these characteristics, which reflects inherent challenges to doing business in the continent that are limiting entrepreneurship and conducive business environments needed for investment and economic prosperity (Tchamyou, 2017;Asongu & Nwachukwu, 2018a).…”

“…Third, the positioning of this study as a systematic review of challenges to doing business in Africa is also motivated by gaps in the extant literature. Accordingly, the literature on the ease of doing business in Africa has predominantly focused on, inter alia: the cost of doing business (Eifert, Gelb & Ramachandran, 2008); legal challenges to doing business (Taplin & Synman, 2004); determinants of doing business in East Africa (Khavul, Bruton & Wood, 2009); the rate at which business cycle synchronization is affected by trade (Tapsoba, 2010); the long-term poverty-mitigation impact of doing business (Mensah & Benedict, 2010); motivations underlying the intentions of students to become entrepreneurs (Gerba, 2012); gender-related factors (Bayraktar & Fofack, 2018;Mannah-Blankson, 2018;Elu, 2018); the relevance of social networks and human capital (Kuada, 2009);role of the knowledge economy in doing business (Tchamyou, 2017); the relevance of doing business in inclusive human development (Asongu & Odhiambo, 2019) and linkages between information technology, openness, governance and entrepreneurship (Asongu, Nwachukwu &Orim, 2018;Asongu & Nwachukwu, 2018a).…”

Challenges of Doing Business in Africa: A Systematic Review

“…Third, the positioning of this study as a systematic review of challenges to doing business in Africa is also motivated by gaps in the extant literature. Accordingly, the literature on the ease of doing business in Africa has predominantly focused on, inter alia: the cost of doing business (Eifert, Gelb & Ramachandran, 2008); legal challenges to doing business (Taplin & Synman, 2004); determinants of doing business in East Africa (Khavul, Bruton & Wood, 2009); the rate at which business cycle synchronization is affected by trade (Tapsoba, 2010); the long-term poverty-mitigation impact of doing business (Mensah & Benedict, 2010); motivations underlying the intentions of students to become entrepreneurs (Gerba, 2012); gender-related factors (Bayraktar & Fofack, 2018;Mannah-Blankson, 2018;Elu, 2018); the relevance of social networks and human capital (Kuada, 2009);role of the knowledge economy in doing business (Tchamyou, 2017); the relevance of doing business in inclusive human development (Asongu & Odhiambo, 2019) and linkages between information technology, openness, governance and entrepreneurship (Asongu, Nwachukwu &Orim, 2018;Asongu & Nwachukwu, 2018a).…”