Lowering barriers to entrepreneurship and promoting small business growth in South Africa:
Lowering high levels of unemployment and inequality are amongst the largest challenges facing South Africa. More entrepreneurs and thriving small businesses would contribute to inclusive growth. Measures of entrepreneurial activity are lower in South Africa than in other emerging economies. Barriers...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Paris
OECD Publishing
2017
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Schriftenreihe: | OECD Economics Department Working Papers
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Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
Zusammenfassung: | Lowering high levels of unemployment and inequality are amongst the largest challenges facing South Africa. More entrepreneurs and thriving small businesses would contribute to inclusive growth. Measures of entrepreneurial activity are lower in South Africa than in other emerging economies. Barriers to entrepreneurship include bureaucratic procedures and licensing, which are also an ongoing burden on small firms. Public procurement is being used to overcome the dominance of large incumbents, but so far its net effect on small firms is not clear. An education system that better equipped students with basic skills as well as entrepreneurial skills would grow the pipeline of entrepreneurs. New forms of financing are slowly emerging in a system that is dominated by banks. A better evidence base is crucial for more effective financial and non-financial support programmes to boost start-up rates and small firms' growth |
Beschreibung: | 1 Online-Ressource (46 Seiten) |
DOI: | 10.1787/d60e254f-en |
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spelling | Lewis, Christine Verfasser aut Lowering barriers to entrepreneurship and promoting small business growth in South Africa Christine Lewis and Boingotlo Gasealahwe Paris OECD Publishing 2017 1 Online-Ressource (46 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Lowering high levels of unemployment and inequality are amongst the largest challenges facing South Africa. More entrepreneurs and thriving small businesses would contribute to inclusive growth. Measures of entrepreneurial activity are lower in South Africa than in other emerging economies. Barriers to entrepreneurship include bureaucratic procedures and licensing, which are also an ongoing burden on small firms. Public procurement is being used to overcome the dominance of large incumbents, but so far its net effect on small firms is not clear. An education system that better equipped students with basic skills as well as entrepreneurial skills would grow the pipeline of entrepreneurs. New forms of financing are slowly emerging in a system that is dominated by banks. A better evidence base is crucial for more effective financial and non-financial support programmes to boost start-up rates and small firms' growth Economics South Africa Gasealahwe, Boingotlo ctb https://doi.org/10.1787/d60e254f-en Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Lewis, Christine Lowering barriers to entrepreneurship and promoting small business growth in South Africa Economics South Africa |
title | Lowering barriers to entrepreneurship and promoting small business growth in South Africa |
title_auth | Lowering barriers to entrepreneurship and promoting small business growth in South Africa |
title_exact_search | Lowering barriers to entrepreneurship and promoting small business growth in South Africa |
title_exact_search_txtP | Lowering barriers to entrepreneurship and promoting small business growth in South Africa |
title_full | Lowering barriers to entrepreneurship and promoting small business growth in South Africa Christine Lewis and Boingotlo Gasealahwe |
title_fullStr | Lowering barriers to entrepreneurship and promoting small business growth in South Africa Christine Lewis and Boingotlo Gasealahwe |
title_full_unstemmed | Lowering barriers to entrepreneurship and promoting small business growth in South Africa Christine Lewis and Boingotlo Gasealahwe |
title_short | Lowering barriers to entrepreneurship and promoting small business growth in South Africa |
title_sort | lowering barriers to entrepreneurship and promoting small business growth in south africa |
topic | Economics South Africa |
topic_facet | Economics South Africa |
url | https://doi.org/10.1787/d60e254f-en |
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