Firm growth, exporting and information communication technology (ICT) in Southern Africa

Rethabile Masenyetse () and Malefu Manamathela
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Rethabile Masenyetse: Central Bank of Lesotho
Malefu Manamathela: Central Bank of Lesotho

Journal of Innovation and Entrepreneurship, 2023, vol. 12, issue 1, 1-12

Abstract: Abstract This paper examines the key determinants of firm growth in three Southern African countries of Eswatini, Lesotho and Namibia and assesses whether exporting activity and use of information communication technology play any role in growth of the firms. The paper uses data collected by the World Bank through enterprise surveys during the period 2014–2016. Employing the ordinary least squares, the results show that firm growth is determined by size of the firm, age, use of information communication technology, exporting activities, foreign ownership and the legal form of the firm. The result is robust even when controlling for industry and country differences. Overall, the results support industrial policy geared towards small firms through rolling out information communication technology infrastructure and promoting access to exporting markets.

Keywords: Firm growth; Exporting; Technology (search for similar items in EconPapers)
JEL-codes: F14 L25 O31 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (2)

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DOI: 10.1186/s13731-023-00273-4

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