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Essays on new business creation and economic growth in Sub-Saharan Africa
Thesis (PhD)--Stellenbosch University, 2025.
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Stellenbosch : Stellenbosch University
2025
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| _version_ | 1867613801567748096 |
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| access_status_str | Open Access |
| author | Hamunyela, Saara Laudika Mweneni |
| author2 | Graham, Michael |
| author_browse | Graham, Michael Hamunyela, Saara Laudika Mweneni |
| author_facet | Graham, Michael Hamunyela, Saara Laudika Mweneni |
| author_sort | Hamunyela, Saara Laudika Mweneni |
| collection | Thesis |
| dc_rights_str_mv | Stellenbosch University |
| description |
Thesis (PhD)--Stellenbosch University, 2025. |
| format | Thesis |
| id | oai:scholar.sun.ac.za:10019.1/132404 |
| institution | Stellenbosch University (South Africa) |
| last_indexed | 2026-06-10T12:41:54.752Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository |
| publishDate | 2025 |
| publishDateRange | 2025 |
| publishDateSort | 2025 |
| publisher | Stellenbosch : Stellenbosch University |
| publisherStr | Stellenbosch : Stellenbosch University |
| record_format | dspace |
| source_str | SUNScholar — Stellenbosch University Repository |
| spelling | oai:scholar.sun.ac.za:10019.1/132404 Essays on new business creation and economic growth in Sub-Saharan Africa Hamunyela, Saara Laudika Mweneni Graham, Michael Stellenbosch University. Faculty of Economic and Management Sciences. University of Stellenbosch Business School. Job creation -- Government policy -- Africa, Sub-Saharan Job creation -- Economic conditions -- Africa, Sub-Saharan Investments, Foreign -- Africa, Sub-Saharan Human capital -- Development -- Africa, Sub-Saharan Economic impact analysis -- Africa, Sub-Saharan UCTD Thesis (PhD)--Stellenbosch University, 2025. Hamunyela, S. L. M. 2025. Essays on new business creation and economic growth in Sub-Saharan Africa. Unpublished doctoral dissertation. Stellenbosch: Stellenbosch University [online]. Available: https://scholar.sun.ac.za/items/2e289dfc-3093-4497-a1ae-b5a4d4a9a9b6 ENGLISH SUMMARY: This thesis empirically investigates the dynamics of the new business creation-economic growth nexus in Sub-Saharan Africa (SSA), focusing on the roles of natural resource abundance, sectoral linkages, and human capital investment. It has three main objectives: to analyse the impact of natural resource abundance on business creation and growth, to assess sectoral linkages’ effects on new business creation, and to determine the human capital investment threshold necessary for business creation to positively influence growth. The findings reveal that while natural resource abundance boosts economic growth, it negatively affects new business creation. The interaction between business creation and resource abundance intensifies this negative effect, especially in resource-rich countries. Poor institutional quality further exacerbates this impact, highlighting the need for institutional reforms. The analysis identifies seven sectors with strong backward and forward linkages: agriculture; wood and paper; petroleum, chemical, and non-mineral products; metal products; electrical machinery; and financial intermediation and business activities. Agriculture and petroleum-related sectors significantly enhance economic growth, while financial intermediation is key to fostering entrepreneurship. The research also shows that low human capital investment is linked to a negative effect of business creation on growth. However, exceeding a critical human capital threshold shifts this impact to positive, emphasizing the importance of investing in skills development to unlock the full economic potential of entrepreneurship.Overall, the thesis underscores the complex interplay between natural resources, sectoral dynamics, institutional quality, and human capital in shaping the business creation-growth relationship in SSA. It calls for targeted policy interventions to optimize these factors and promote sustainable economic growth in the region. AFRIKAANSE OPSOMMING: Geen opsomming beskikbaar. Doctoral 2025-06-06T06:57:09Z 2025-06-06T06:57:09Z 2025-03 Thesis https://scholar.sun.ac.za/handle/10019.1/132404 Stellenbosch University x, 209 pages : illustrations, includes annexures application/pdf Stellenbosch : Stellenbosch University |
| spellingShingle | Job creation -- Government policy -- Africa, Sub-Saharan Job creation -- Economic conditions -- Africa, Sub-Saharan Investments, Foreign -- Africa, Sub-Saharan Human capital -- Development -- Africa, Sub-Saharan Economic impact analysis -- Africa, Sub-Saharan UCTD Hamunyela, Saara Laudika Mweneni Essays on new business creation and economic growth in Sub-Saharan Africa |
| title | Essays on new business creation and economic growth in Sub-Saharan Africa |
| title_full | Essays on new business creation and economic growth in Sub-Saharan Africa |
| title_fullStr | Essays on new business creation and economic growth in Sub-Saharan Africa |
| title_full_unstemmed | Essays on new business creation and economic growth in Sub-Saharan Africa |
| title_short | Essays on new business creation and economic growth in Sub-Saharan Africa |
| title_sort | essays on new business creation and economic growth in sub saharan africa |
| topic | Job creation -- Government policy -- Africa, Sub-Saharan Job creation -- Economic conditions -- Africa, Sub-Saharan Investments, Foreign -- Africa, Sub-Saharan Human capital -- Development -- Africa, Sub-Saharan Economic impact analysis -- Africa, Sub-Saharan UCTD |
| url | https://scholar.sun.ac.za/handle/10019.1/132404 |
| work_keys_str_mv | AT hamunyelasaaralaudikamweneni essaysonnewbusinesscreationandeconomicgrowthinsubsaharanafrica |