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manufacturing in the region, describe three distinct time periods of industrialization since 1990, and explain the nature of I4 …
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The Fourth Industrial Revolution (4IR) is impacting on the industrialization options for Africa inter alia through …
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concerned, African countries will in differing degrees experience three varieties of industrialization, all influenced by new … services now perform functions previously expected from manufacturing. A third variety of future industrialization is labelled … "resurgent entrepreneurship-lead industrialization" denoting that some African countries will take part in new and advanced types …
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Unlike in the past where industrial policy was either focused on creation and growth of state-owned firms or alternatively consisted merely of broadly functional policies without consideration for firm or entrepreneurial specifics, the requirement now is that future industrial policy ought to be...
Persistent link: https://www.econbiz.de/10010280061
This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...
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We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is relevant for explaining the secular decline in business dynamics. To the existing explanations for this decline, we put forward the thesis that entrepreneurship has become less...
Persistent link: https://www.econbiz.de/10014335837