L'entrepreneuriat dans un contexte d'adversité: une analyse des déterminants macroéconomiques de la création de nouvelles entreprises au Congo-Brazzaville

Bethuel Makosso

Revue de l'Entrepreneuriat, 2013, vol. 12, issue 3, 11-31

Abstract: This article analyzes the determinants of the creation of new enterprises in the Congo-Brazzaville in a context of adversity characterized by an unfavorable economic environment to the business and a high rate of unemployment. By adopting a more global approach using macroeconomic data to grasp the influence of the general economic context on the creation of enterprises, the results of this research point out that three factors that characterize the macroeconomic environment positively influence the creation of enterprises. There are unemployment, real gross domestic product per capita and the rate of credit to the economy. Econometric estimates show, however, that unemployment seems to be the macroeconomic variable that has a much greater weight. Thus, this results reflects the development of a survival entrepreneurship, taking into account the nature of created enterprises and the weight of unemployment. This suggests a series of policy recommendations concerning the implementation of the entrepreneurship support programs.

Keywords: business creations; entrepreneurship; macroeconomic environment; unemployment (search for similar items in EconPapers)
Date: 2013
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