Poverty, entrepreneurship, and economic growth in Africa

Ajide, Folorunsho M.; Dada, James Temitope

doi:10.1002/pop4.368

Cited by 8 publications

(4 citation statements)

References 139 publications

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“…In more recent studies, Agide and Dada (2023) Successful entrepreneurs have generational succession plans and predictable inheritance systems that guarantee their enterprises as a going concern, offering their immediate dependants business opportunities and reliable access to basic needs of life that include good nutrition, decent housing, quality education, healthcare, energy, transportation, entertainment, and philanthropy.…”

Section: Review Of Empirical Studiesmentioning

confidence: 99%

Entrepreneurship, Job Creation, Income Empowerment and Poverty Reduction in Low-Income Economies

Adenutsi

2023

TEL

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The fundamental objective of this paper is to provide an insight into the role of entrepreneurship in job creation, income generation and empowerment, and poverty reduction in low-income economies. Having provided a conceptual framework and the theoretical underpinnings of the linkages of entrepreneurship to job creation, income empowerment, and poverty reduction from an economic perspective, the paper develops an entrepreneurship policy-relevant model for breaking the vicious cycle of poverty which has predominantly characterised low-income economies. The paper argues that entrepreneurship is the catalyst for economic growth and development through job creation, income empowerment, and poverty reduction in low-income economies. However, to extend the culture of entrepreneurial thinking and promote entrepreneurship in an economy, governments and other relevant institutions must pursue functional policy goals in this endeavour. Therefore, to create high-income generating job opportunities and reduce poverty through entrepreneurship, there is a need for policy measures and intervention programmes that are critical and consistent with the objective of welfare improvements.

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Section: Review Of Empirical Studiesmentioning

confidence: 99%

Entrepreneurship, Job Creation, Income Empowerment and Poverty Reduction in Low-Income Economies

Adenutsi

2023

TEL

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“…The African region could be an appropriate case study for many reasons. Despite various poverty alleviations and foreign aids programme across this group of countries, energy poverty is still a critical concern in the region (Wang et al ., 2022; Ajide and Dada, 2023). The average African population lacks proper heating facilities, including energy shortage for cooking, lighting and household appliances (Ozughalu and Ogwumike, 2019; Dimnwobi et al ., 2022).…”

Section: Introductionmentioning

confidence: 99%

The moderating role of financial development in energy poverty–sustainable environment linkages: evidence from Africa

Dada,

Ajide,

Al-Faryan

2024

MEQ

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PurposeDriven by the Sustainable Development Goals (goals 7, 8, 12 and 13), this study investigates the moderating role of financial development in the link between energy poverty and a sustainable environment in African nations.Design/methodology/approachPanel cointegration analysis, fully modified least squares, Driscoll and Kraay least squares and method of moments quantile regression were used as estimation techniques to examine the link between financial development, energy poverty and sustainable environment for 28 African nations. Energy poverty is measured using two proxies-access to clean energy and access to electricity, while the environment is gauged using ecological footprint.FindingsThe regression outcomes show that access to clean energy and electricity negatively impacts the ecological footprint across all the quantiles; hence, energy poverty increases environmental degradation. Financial development positively influences environmental degradation in the region at the upper quantiles. Similarly, the interactive term of energy poverty and financial development has a significant positive impact on ecological footprint; thus, the financial sector adds to energy poverty and environmental degradation. The results of other variables hint that per capita income and institutions worsen environmental quality while urbanisation strengthens the environment.Originality/valueThis study offers fresh insights into the moderating effect of financial development in the link between energy poverty and sustainable environment in African countries.

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“…The role of entrepreneurship as an engine for economic growth, employment creation, poverty alleviation, and the overall progress of nations is held in high regard in the literature (Ajide and Dada 2023;Gomes et al 2023;Johannisson 2016). As a result, societies in every continent have engaged in systematic efforts to increase entrepreneurial activity in their communities.…”

Section: Introduction and Background To The Studymentioning

confidence: 99%

Using the Case Study Method in Undergraduate Entrepreneurship Education

Musara

2024

Administrative Sciences

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Various methods are used in entrepreneurship education. However, the effectiveness of these methods in inculcating the much-needed improvement in entrepreneurial knowledge, skills, intentions, and ultimately entrepreneurial activity is underexplored in literature. Following the action research approach in an undergraduate entrepreneurship class of 165 students, the study investigated the students’ perceptions of the case method’s effectiveness in improving their entrepreneurial knowledge, skills, intentions, and ultimately entrepreneurial activity. A combination of observation methods and semi-structured interviews were used to collect qualitative data. Observation data revealed a lack of physical space for facilitator mobility and low levels of engagement by students as some of the major challenges encountered when implementing the case study method in large classes. An analysis of semi-structured interview data revealed contextual relevance, building resilience, critical thinking, innovation and creativity, entrepreneurial motivation, entrepreneurial career development, and inspiration as some of the effective contributions of using the case study method in entrepreneurship education. The study recommends that, to further enhance the effectiveness of the case study method, the environment in which case studies are applied needs to be improved to ensure that there is enough physical space for lecturer mobility and interaction with students during case-study discussions.

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Poverty, entrepreneurship, and economic growth in Africa

Cited by 8 publications

References 139 publications

Entrepreneurship, Job Creation, Income Empowerment and Poverty Reduction in Low-Income Economies

Entrepreneurship, Job Creation, Income Empowerment and Poverty Reduction in Low-Income Economies

The moderating role of financial development in energy poverty–sustainable environment linkages: evidence from Africa

Using the Case Study Method in Undergraduate Entrepreneurship Education

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