Inter-sectoral Differences in the SME Financing Gap: Evidence from Selected Sectors in Ghana

Domeher, Daniel; Musah, Godwin; Hassan, Najib

doi:10.1080/15228916.2017.1265056

Cited by 26 publications

(17 citation statements)

References 34 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The economic barriers consist of the exchange rate and inflation‐related costs of firms (Ghosh, Ostry, & Chamon, ) adding to their economic difficulties (Hong & Lu, ). Such combinations make SMEs' ability to adjust to and contribute to economic growth (Domeher, Musah, & Hassan, ) more challenging (Cowling, Liu, Ledger, & Zhang, ). However, some SMEs defy the odds internationally (Cavusgil & Knight, ).…”

Section: Literature Reviewmentioning

confidence: 99%

“…Interest, exchange, and inflation rates continue to impact on business capital and international ownership (Ghosh et al, ). Although economic and financial barriers affect SMEs and MNEs, SMEs are more vulnerable to economic fluctuations (Cowling et al, ), resource constraints (Hong & Lu, ), and growth obstacles (Brouthers, Nakos, & Dimitratos, ; Domeher et al, ). The ability to sometimes become successful internationally (Cavusgil & Knight, ) calls for some other incentives (Agwu & Emeti, ).…”

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

Using the “best‐fit” approach to investigate the effects of politico‐economic and social barriers on SMEs' internationalization in an emerging country context: Implications and future directions

Mendy

Rahman

Bal

2020

Thunderbird Intl Bus Rev

View full text Add to dashboard Cite

The way this study has used the "best-fit" approach has facilitated the investigation of how three hypothesized constructs of political, economic, and social barriers can deepen our knowledge of their impacts on small and medium-sized enterprises (SMEs)' internationalization within a small developing country context. Based on a quantitative analysis of the three hypothesized barriers, we used the "best-fit" approach to measure the extent to which the SMEs' internal variables like people, products, services, and practices might best fit some of the people and non-people factors external to the businesses. The application of the "best-fit" approach onto the three hypotheses-politics (H1), social (H2), economics (H3), helped us in explaining the major social and politico-economic barriers faced by a developing economy' (Bangladeshi) SMEs' internationalization despite previous literatures' emphasis on the impacts of globalization, market drivers or their oversight. Based on the findings, we point to future research trajectory. This study used primary survey data from 212 Bangladeshi SMEs and successfully validated an HR model by using Smart PLS3 software. The results from the hypotheses were used to produce the HR model to help SMEs identify the significance of people and economic factors and propose these aspects for inclusion in the "best-fit" approach, SME, and globalization research. K E Y W O R D Sbest-fit approach, developing country, HR model, internationalization, SMEs

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Using the “best‐fit” approach to investigate the effects of politico‐economic and social barriers on SMEs' internationalization in an emerging country context: Implications and future directions

Mendy

Rahman

Bal

2020

Thunderbird Intl Bus Rev

View full text Add to dashboard Cite

show abstract

“…In Ghana, Afutu-Kotey et al (2017) established that many young entrepreneurs still have aspirations which are motivating them to stay in business despite the challenges of informality, Boadi et al (2017), in the same country, showed that SMEs are contributing considerably to the profitability of banks and Domeher et al (2017) found that there are sectoral variations in the SME financing gap, of which the agricultural sector is most affected.…”

Section: Intuition and Related Literaturementioning

confidence: 99%

Doing business and inclusive human development in Sub-Saharan Africa

Asongu

Odhiambo

2019

AJEMS

View full text Add to dashboard Cite

This study examines how doing business affects inclusive human development in 48 sub-Saharan Africa for the period 2000-2012.The measurement of inclusive human development encompasses both absolute pro-poor and relative pro-poor concepts of inclusive development. Three doing business variables are used, namely: the number of start-up procedures required to register a business; time required to start a business; and time to prepare and pay taxes. The empirical evidence is based on Fixed Effects and Generalised Method of Moments regressions. The findings show that increasing constraints to the doing of business have a negative effect on inclusive human development. The study is timely and very relevant to the post-2015 Sustainable Development agenda for two fundamental reasons: (i) Exclusive development is a critical policy syndrome in Africa because about 50% of countries in the continent did not attain the MDG extreme poverty target despite enjoying more than two decades of growth resurgence. (ii) Growth in Africa is primarily driven by large extractive industries and with the population of the continent expected to double in about 30 years, scholarship on entrepreneurship for inclusive development is very welcome. This is essentially because studies have shown that the increase in unemployment (resulting from the underlying demographic change) would be accommodated by the private sector, not the public sector.

show abstract

“…However, the growth of many SMEs is restricted because of lack of supporting resources (Acheampong and Hinson, 2018). The Ghanaian Government’s trade liberalisation policy encouraging foreign companies also results in strong competition to local SMEs (Domeher et al , 2017). Most local SMEs in rural areas lack good quality roads to enable transport of their products, technological support to facilitate business activities and good governance to enable implementation of Government policy intended to regulate and manage the sector (Ocloo et al , 2014).…”

Section: Literature Reviewmentioning

confidence: 99%

Supporting Ghanaian micro-entrepreneurships: the role of mobile technology

Asiedu

Shortland

Nawar

et al. 2019

JEEE

View full text Add to dashboard Cite

Purpose The purpose of this paper is to explore the role of mobile technology and related service platforms in supporting informal micro-entrepreneurships in rural Ghana. It aims to extend our knowledge through the development of a conceptual model. Design/methodology/approach A qualitative research design used in-depth semi-structured interviews with five micro-entrepreneurship owners in the Kwahu South District in the Eastern region of Ghana. Identification of potential case firms was facilitated by a local official. Interview data were analysed thematically. Findings Mobile technology engendered pride and emotional connectedness and, being easy to use, helped to increase business confidence. Adoption advantages included improved communications with customers and business partners, and effective stock control, providing competitive advantage. Further understanding of mobile technology’s role in improving business processes is needed. Research limitations/implications This exploratory research is based on five micro-entrepreneurships in one Ghanaian rural area. Further research is needed using larger samples, additional locations and sectors and larger businesses, to identify other factors influencing mobile technology adoption and associated benefits and problems. Practical implications Government policy supporting growth of informal micro-entrepreneurships using mobile phone technology could increase economic advantage. Micro-business owners need education and training in understanding business processes. Telecommunications companies can highlight technological, business and socio-cultural benefits of mobile phone adoption in rural Ghana. Originality/value The paper draws upon the experiences of a range of rural-based Ghanaian micro-entrepreneurships to propose a model setting out and linking the technical, business and socio-cultural benefits of mobile phone adoption in supporting business processes.

show abstract

Inter-sectoral Differences in the SME Financing Gap: Evidence from Selected Sectors in Ghana

Cited by 26 publications

References 34 publications

Using the “best‐fit” approach to investigate the effects of politico‐economic and social barriers on SMEs' internationalization in an emerging country context: Implications and future directions

Using the “best‐fit” approach to investigate the effects of politico‐economic and social barriers on SMEs' internationalization in an emerging country context: Implications and future directions

Doing business and inclusive human development in Sub-Saharan Africa

Supporting Ghanaian micro-entrepreneurships: the role of mobile technology

Contact Info

Product

Resources

About