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 |
| Veröffentlicht: |
Paris
OECD Publishing
2017
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| Schriftenreihe: | OECD Economics Department Working Papers
no.1449 |
| Schlagworte: | |
| Online-Zugang: | 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 p.) |
| DOI: | 10.1787/d60e254f-en |
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| spelling | Lewis, Christine VerfasserIn 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 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1449 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 MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/d60e254f-en 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_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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