Government policies and entrepreneurship phases in emerging economies: Nigeria and South Africa

Folashade O. Akinyemi () and Oluwabunmi Adejumo ()
Additional contact information
Folashade O. Akinyemi: Obafemi Awolowo Univeristy

Journal of Global Entrepreneurship Research, 2018, vol. 8, issue 1, 1-18

Abstract: Abstract This paper introduces entrepreneurship phases in studying the impact of some government policies on entrepreneurial activities. Entrepreneurship and small business development are the heart of many countries economy, and countries that give entrepreneurship special attention stand better chances of improved economy and industrialization. World over, it is well known that government policies often affect entrepreneurial activities directly and indirectly. But the question is do these policies have equal impact in every entrepreneurship phase. Hence, this study seeks to examine some policy factors that enhance entrepreneurial activities in two of African’s emerging economies. And precisely, to identify the most favorable government policy in each entrepreneurship phase. This study was conducted in the economic hub of two African emerging economies (Nigeria and South Africa), where most entrepreneurial activities take place. A total of 1200 questionnaires (650 in Lagos, Nigeria and 550 in Johannesburg, South Africa) were administered. The analysis was in two stages; stage one involved descriptive statistics while stage two involved inferential statistics. Also, Principal Component Analysis (PCA) was used to identify the most favorable government policy in each entrepreneurship phase. The results show that some variations exist in the policy implementation approaches of both economies. The efficacies and shortcomings associated with the policies impacted entrepreneurial activities. The findings show that the impact of government policies on entrepreneurship phases differ in both countries. The study concluded that some policies are more favorable than others in some phases. Hence, makes a clarion call for more studies on government policies across entrepreneurship phases.

Keywords: Government policies; Entrepreneurship phases; Emerging economies (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://link.springer.com/10.1186/s40497-018-0131-5 Abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jglont:v:8:y:2018:i:1:d:10.1186_s40497-018-0131-5

Ordering information: This journal article can be ordered from
http://www.springer. ... urship/journal/40497

DOI: 10.1186/s40497-018-0131-5

Access Statistics for this article

Journal of Global Entrepreneurship Research is currently edited by Nezameddin Faghih

More articles in Journal of Global Entrepreneurship Research from Springer, UNESCO Chair in Entrepreneurship
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().