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Public policy and entrepreneurship performance : the divide and nexus in West Africa

Thesis (PhD)--Stellenbosch University, 2019.

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Main Author: Olowu, Akinseye Uwem
Other Authors: Ijeoma, Edwin
Format: Thesis
Language:en_ZA
Published: Stellenbosch : Stellenbosch University 2019
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access_status_str Open Access
author Olowu, Akinseye Uwem
author2 Ijeoma, Edwin
author_browse Ijeoma, Edwin
Olowu, Akinseye Uwem
author_facet Ijeoma, Edwin
Olowu, Akinseye Uwem
author_sort Olowu, Akinseye Uwem
collection Thesis
dc_rights_str_mv Stellenbosch University
description Thesis (PhD)--Stellenbosch University, 2019.
format Thesis
id oai:scholar.sun.ac.za:10019.1/107197
institution Stellenbosch University (South Africa)
language en_ZA
last_indexed 2026-06-10T12:45:19.124Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository
publishDate 2019
publishDateRange 2019
publishDateSort 2019
publisher Stellenbosch : Stellenbosch University
publisherStr Stellenbosch : Stellenbosch University
record_format dspace
source_str SUNScholar — Stellenbosch University Repository
spelling oai:scholar.sun.ac.za:10019.1/107197 Public policy and entrepreneurship performance : the divide and nexus in West Africa Olowu, Akinseye Uwem Ijeoma, Edwin Fanta, Ashenafi Stellenbosch University. Faculty of Economic and Management Sciences. University of Stellenbosch Business School. Entrepreneurship -- Government policy -- Africa, West Monetary policy -- Africa, West Fiscal policy -- Africa, West UCTD Thesis (PhD)--Stellenbosch University, 2019. ENGLISH SUMMARY : This study examined the effect of selected public policies on entrepreneurship activities in the anglophone and francophone divides of West Africa in order to determine the nexus of performance, using several analytic techniques. Based on previous studies, a region specific framework for measuring entrepreneurship at national levels was developed otherwise known as TEA. The data used were obtained from both secondary and primary sources originating from institutional organisations and ethnographic research in ten selected countries from 2000 to 2018. Among other findings between the phenomena investigated, the study established the link between macroeconomic policy instruments and their implications on entrepreneurship in the business environments of West African countries. From the analysis of TEA, the anglophone divide was found to be more entrepreneurship enhancing than the francophone divide, however, the economies in the region were all factor driven. The enacted entrepreneurship policies in countries show that the governments in both divides have made entrepreneurship a policy focus. Nevertheless, many of the efforts made have been largely supported by the government in the anglophone divide, while the francophone divide has been more open to private sector participation in its drive to promote entrepreneurship. However, it was also found that most of the entrepreneurship initiatives in the countries focused more on the agricultural sector and development of SMEs. The empirical evidence reveals that, while monetary policy was more significant in promoting TEA in the anglophone divide, fiscal policy did better in the francophone divide. Government expenditure on infrastructure had a positive and most significant relationship with TEA in the short and long run results across the region. Therefore, public policy should focus on infrastructural development, financial support and maintain an effective regulatory framework for entrepreneurship activities. The study recommends that governments should harness, formulate and execute the best of monetary and fiscal policies in West African countries. The contribution of the private sector partnership in the drive to promote entrepreneurship should also be encouraged so that the economies in the countries can aim towards innovative and efficient competitiveness in democratic societies. AFRIKAANSE OPSOMMING : Geen opsomming beskikbaar. Doctoral 2019-11-26T14:24:28Z 2019-12-11T06:52:21Z 2019-11-26T14:24:28Z 2019-12-11T06:52:21Z 2019-12 Thesis http://hdl.handle.net/10019.1/107197 en_ZA Stellenbosch University xiv, 190 pages ; illustrations, includes annexure application/pdf Stellenbosch : Stellenbosch University
spellingShingle Entrepreneurship -- Government policy -- Africa, West
Monetary policy -- Africa, West
Fiscal policy -- Africa, West
UCTD
Olowu, Akinseye Uwem
Public policy and entrepreneurship performance : the divide and nexus in West Africa
title Public policy and entrepreneurship performance : the divide and nexus in West Africa
title_full Public policy and entrepreneurship performance : the divide and nexus in West Africa
title_fullStr Public policy and entrepreneurship performance : the divide and nexus in West Africa
title_full_unstemmed Public policy and entrepreneurship performance : the divide and nexus in West Africa
title_short Public policy and entrepreneurship performance : the divide and nexus in West Africa
title_sort public policy and entrepreneurship performance the divide and nexus in west africa
topic Entrepreneurship -- Government policy -- Africa, West
Monetary policy -- Africa, West
Fiscal policy -- Africa, West
UCTD
url http://hdl.handle.net/10019.1/107197
work_keys_str_mv AT olowuakinseyeuwem publicpolicyandentrepreneurshipperformancethedivideandnexusinwestafrica