2020
DOI: 10.1080/23311886.2020.1798330
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Financial stability and entrepreneurship development in sub-Sahara Africa: Implications for sustainable development goals

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Cited by 23 publications
(20 citation statements)
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“…Thereafter, these activities contribute to creation of a value added in building initiative toward to sustainable prosperity. In the context of sustainable growth, Babajide, Lawal, Asaleye, Okafor and Osuma [10] examined the relationship between financial stability and entrepreneurship conditions in connection to the selected SDGs. The pooled ordinary least squares (OLS) and random effects techniques were applied in research paper.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Thereafter, these activities contribute to creation of a value added in building initiative toward to sustainable prosperity. In the context of sustainable growth, Babajide, Lawal, Asaleye, Okafor and Osuma [10] examined the relationship between financial stability and entrepreneurship conditions in connection to the selected SDGs. The pooled ordinary least squares (OLS) and random effects techniques were applied in research paper.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Most studies on financial development Financial development concentrate on one aspect of the financial development as reflected in their measurements ( Cih ak and Schaeck, 2010). For instance, the recent study of Babajide et al (2020) examines the impact of financial stability on entrepreneurship in 24 African countries. After analysing the data using pooled OLS technique, the authors show that financial stability has a positive impact on entrepreneurship.…”
Section: Literature Review and Hypothesis Developmentmentioning
confidence: 99%
“…Small and medium enterprise contribute to 83% of SDG 8 (Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all) targets, and 88% of SDG 9 (Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation) targets (ITC, 2019 ). Hence, financial stability in sub-Saharan Africa enhances entrepreneurial development which improve economic growth and accelerated achievement of SDGs (Babajide et al, 2020 ). There is a large concentration of enterprises in sub-Saharan Africa, 44 million MSMEs, of which 97% are micro-enterprises, of which the largest share (37 million MSMEs) accounted by Nigeria enterprise (IFC, 2017 ).…”
Section: Resultsmentioning
confidence: 99%