Role of external environmental factors in the failure of small enterprises in Angola

Abstract

The high failure rate of new small enterprises in Angola calls to attention the fact that they are not equipped enough to meet the challenges of sustainable economic growth, equitable distribution of wealth and job creation. The worrying impact on the Angolan landscape, as a consequence, has had economists scrambling for solutions in recent years. Moving from on the assumption that the current business climate has been a contributing factor, this paper attempts to examine the role of external environmental factors in the context of Angola. Adopting a quantitative approach, the questionnaire was utilized as the primary data collection tool with snowballing as the sampling technique. The Statistical Package for the Social Sciences (SPSS) software delivered a result to the quantitative data that indicate a severe lack of economic support and availability of fundamental business resources such as raw material, skilled people and finance, and rigid policy-making regulations. The doomed-to-fail death knell to the Angolan small business comes in the form of a high level of corruption and theft in the country

A Framework For Overcoming M-commerce Adoption Barriers In Angola

“…These results are also supported by Almeida (2019), who found that e-commerce businesses in Angola still suffer due to limited institutional support. Similarly, other research supports that the lack of institutions that subsidise the IT or m-commerce infrastructure and training of personnel of the business and/or promote science, technology and innovation may cause barriers to the use of m-commerce by small and medium enterprises (Siwundla, 2013;Chang & Dasgupta, 2015;Justino & Tengeh, 2016;Jaramillo, 2019). Furthermore, more respondents agreed (71%) that the lack of financial support impedes adoption.…”