"The vast majority of micro and small enterprises (MSEs) in developing countries are located in industrial clusters, and the majority of such clusters have yet to see their growth take off. The performance of MSE clusters is especially low in Sub-Saharan Africa. While existing studies often attribute the poor performance to factors outside firms, problems within firms are seldom scrutinized. In fact, entrepreneurs in these clusters are unfamiliar with standard business practices. Based on a randomized experiment in Ghana, this study demonstrates that basic-level management training improves business practices and performance."

"Firm productivity is low in African countries, prompting governments to try a number of active policies to improve it. Yet despite the millions of dollars spent on these policies, we are far from a situation where we know whether many of them are yielding the desired payoffs. This paper establishes some basic facts about the number and heterogeneity of firms in different sub-Saharan African countries and discusses their implications for experimental and structural approaches towards trying to estimate firm policy impacts. It shows that the typical firm program such as a matching grant scheme or business training program involves only 100 to 300 firms, which are often very heterogeneous in terms of employment and sales levels. As a result, standard experimental designs will lack any power to detect reasonable sized treatment impacts, while structural models which assume common production technologies and few missing markets will be ill-suited to capture the key constraints firms face. Nevertheless, the author suggests a way forward which involves focusing on a more homogeneous sub-sample of firms and collecting a lot more data on them than is typically collected."

"Corporate venturing has gained much attention due to challenges and changes that occur because of discontinuous innovations - which seem to be promoted by digitalization. In this context, open innovation has become a promising tool for established companies to strengthen their innovation capabilities. While the external opening of the innovation process has gained much attention, the internal opening lacks on investigations. Especially new organizational forms, such as Internal Corporate Accelerators, have not been investigated sufficiently. This study, which is based on 13 interviews from two German tech-companies, contributes to a better understanding of this new form of corporate venturing and the resulting effects on the organizational renewal."

"This report charts the rise of social venture incubation with a particular focus on what can be learned by this burgeoning sector from programmes around the world. It is intended for people and organisations wanting to support social ventures either as policymakers, investors or people running incubation programmes, to ensure that ventures have the best support."

"Building on Nesta's 2014 Good Incubation report, this research draws on case studies to highlight strategies for good incubation in challenging environments. It focuses on weaker entrepreneurial ecosystems and offers advice to incubation managers and other ecosystem players, from policymakers to funders alike. Our report aims to support the UK's Department for International Development (DfID) in implementing Innovative Ventures and Technologies for Development (INVENT) by exploring how to do social incubation effectively in India’s low-income states. It draws on empirical evidence from around the world, over 30 interviews with incubator managers and experts in India, and UK best practice."

"The new study provides an objective, rigorous look at two of the most important aspects of impact investing: financial returns and long-term impact. Specifically, the study explores the widespread assumption that impact investing private equity funds cannot achieve market-rate financial performance. The report's findings suggest that - in certain market segments - investors might not need to expect lower returns as a tradeoff for social impact. Impact investing is an investment approach that intentionally seeks to generate measurable social or environmental impact alongside a positive financial return. According to the study's authors, certain market segments of funds in the sample yield returns close to those of public market indices."

"This guide is aimed at helping companies interested in developing business relationships with smallholders. It provides a framework that identi!es common challenges, highlights solutions and shows how these can be implemented through cooperation at different levels. In this way, the guide aims to support company representatives engaging in inclusive agribusiness practices with practical tools and a comprehensive overview of potential solutions and collaborative approaches. Practitioners from development agencies, non-governmental organisations (NGOs), intermediaries and other organisations working to develop and support inclusive agribusiness will also find useful insights here.

The guide can also prove useful for those in related businesses. Agribusiness companies that own land and lease it to smallholders, or which themselves farm the land of smallholders, can also learn about core challenges, organisational models and options for strategic action. Companies offering services to smallholders, including financial, advisory, information or communication services can use the guide to identify how their offers complement other business models."

"This report identifies challenges and success factors for small, micro and medium businesses (SMME) in South Africa that use an inclusive business approach. It provides policy recommendations on how to support SMME spread their potential to tackle social and environmental problems in South Africa."

"This report, "Growing Impact" follows IFC’s first assessment of the global market for impact investing and investor practices, "Creating Impact", published in April 2019. In this new report we explore more deeply the size and makeup of the impact investing market and analyze the practices of impact investors, drawing on data from a survey of the signatories to the Operating Principles and a set of 32 signatory case studies. The case studies illustrate how we are creating a powerful market force by embracing a shared vision and approach."

"A common concern with efforts to directly help some small businesses to grow is that their growth comes at the expense of their unassisted competitors. This study tests this possibility using a two-stage randomized experiment in Kenya. The experiment randomizes business training at the market level, and then within markets to selected businesses. Three years after training, the treated businesses are selling more, earn higher profits, and their owners have higher well-being.
There is no evidence of negative spillovers on the competing businesses, and the markets as a whole appear to have grown in terms of number of customers and sales volumes. This market growth appears to come from enhanced customer service and new product introduction, generating more customers and more sales from existing customers. As a result, business growth in underdeveloped markets is possible without taking sales away from non-treated businesses."