Industrial Clusters and Micro and Small Enterprises in Africa : From Survival to Growth

The private sector is the engine of economic growth, stimulating entrepreneurship and innovation and promoting competition and productivity. While many countries in Africa have developed private sector-driven growth strategies, private investment a...

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Bibliographic Details
Main Author:	Yoshino, Yutaka
Format:	Publication
Language:	English
Published:	World Bank 2012
Subjects:	ACCESS TO CAPITAL ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FORMAL FINANCE ACCESS TO MARKETS ACCESSIBILITY ACCOUNTING ACTION PLAN ADVERTISING AVAILABILITY OF DATA BANK OF TANZANIA BANK OFFICE BANKS BLOG BUSINESS ACUMEN BUSINESS CLIMATE BUSINESS DEVELOPMENT BUSINESS DEVELOPMENT SERVICES BUSINESS ENTERPRISES BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS NETWORKS BUSINESS PERFORMANCE BUSINESS PLANNING BUSINESSES BUYER BUYERS CAPABILITY CAPITAL ACCUMULATION CAPITAL FORMATION COLLATERAL COLLATERAL REQUIREMENTS COMMERCIAL ACTIVITIES COMMODITIES COMMUNICATIONS TECHNOLOGY COMPANY COMPETITIVENESS COMPETITORS CONTRACT ENFORCEMENT COPYRIGHT CORPORATION COUNTRY OF ORIGIN CS DEVELOPMENT BANK DIASPORA NETWORK DIASPORA NETWORKS DIVERSIFICATION E-MAIL ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE EDUCATION LEVEL EDUCATIONAL BACKGROUND EMPLOYMENT ENDOWMENTS ENTERPRISE DEVELOPMENT ENTERPRISE SECTOR ENTERPRISE SIZE ENTERPRISE SURVEY ENTERPRISE SURVEYS ENTREPRENEURIAL ABILITY ENTREPRENEURIAL SKILLS ENTREPRENEURS ENTREPRENEURSHIP EQUIPMENT ETHNIC GROUP ETHNIC MINORITIES ETHNIC MINORITY EXPANSION EXPORT MARKETS EXTERNAL FINANCING EXTERNAL MARKETS EXTERNALITIES FACILITATION FEMALE ENTREPRENEURS FINANCIAL CAPITAL FINANCIAL INSTITUTION FINANCIAL RESOURCES FINANCIAL SUPPORT FINANCIAL SYSTEMS FIRM SIZE FIRMS FIXED CAPITAL FIXED COSTS FLOW OF INFORMATION FOREIGN DIRECT INVESTMENT FOREIGN ENTERPRISES FOREIGN INVESTMENT FOREIGN MARKETS FORMAL FINANCIAL INSTITUTIONS GENDER GLOBAL MARKETS GOVERNMENT POLICIES GROSS PROFIT GROWTH STRATEGIES HIGH INTEREST RATES HUMAN CAPITAL HUMAN RESOURCE HUMAN RESOURCES ICT INDIGENOUS ENTREPRENEURS INDUSTRIAL DEVELOPMENT INFORMAL ECONOMY INFORMATION TECHNOLOGY INNOVATION INTERFACE INTERNAL NETWORKS INTERNATIONAL BANK INTERNATIONAL FINANCE INTERNATIONAL MARKET INTERNATIONAL MARKETS JOB CREATION LABOR MARKET LACK OF ACCESS LARGE ENTERPRISE LARGE ENTERPRISES LICENSES LIMITED ACCESS LIMITED ACCESS TO FINANCE LOAN LOCAL ENTREPRENEURS MANAGERIAL SKILL MANAGERIAL SKILLS MANUFACTURERS MANUFACTURING MANUFACTURING ENTERPRISES MANUFACTURING INDUSTRIES MARKET ACCESS MARKETING MATERIAL MEDIUM ENTERPRISES MERCHANTS MICRO ENTERPRISES MINORITY ENTREPRENEURS MULTINATIONAL NATURAL RESOURCES NEW ENTRANTS NEW MARKETS OPERATING COSTS PARENT COMPANY PHOTO PHYSICAL CAPITAL POLICY FRAMEWORK PRIVATE CREDIT PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR PRODUCTIVITY PRODUCT INFORMATION PRODUCTION CAPACITY PRODUCTIVE ENTERPRISES PROFITABILITY PROPERTY RIGHTS PUBLIC POLICIES PURCHASING POWER PURCHASING POWER PARITY QUALITY MANAGEMENT QUERIES RESULT RESULTS SALES REVENUE SCALE ENTERPRISES SEARCH SHOP SIZE OF ENTERPRISE SIZE OF ENTERPRISES SIZE OF FIRM SMALL BUSINESS SMALL ENTERPRISE SMALL ENTERPRISES SMALL FIRM SMALL FIRMS SME SOCIAL NETWORKS SOCIAL SERVICES STANDARDIZATION START-UP SUBSIDIARY SUPPLIERS TECHNICAL KNOWLEDGE TELEPHONE TRADE CREDITS TRADE FACILITATION TRADE FLOWS TRANSACTION TRANSACTION COSTS TRANSPORT TURNOVER RATES URBANIZATION
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000334955_20110107050151 http://hdl.handle.net/10986/2546

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Summary:	The private sector is the engine of economic growth, stimulating entrepreneurship and innovation and promoting competition and productivity. While many countries in Africa have developed private sector-driven growth strategies, private investment as a proportion of gross domestic product (GDP) is only 13 percent in Africa, significantly lower than in other regions, such as South Asia, with many low-income countries. The public sector still occupies the lion's share of economic activity in Africa. This study addresses how industrial clusters could be a springboard for the development of Africa's micro and small enterprise sector, which constitutes the bulk of the region's indigenous private sector. The successful development of industrial clusters in Asia illustrates how small enterprises can help to drive growth led by market expansion at home and abroad.

Industrial Clusters and Micro and Small Enterprises in Africa : From Survival to Growth

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