Resource Type
Research

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"We conduct a randomized experiment that generates exogenous variation in the access to foreign markets for rug producers in Egypt. Combined with detailed survey data, we causally identify the impact of exporting on firm performance. Treatment firms report 16-26% higher profits and exhibit large improvements in quality alongside reductions in output per hour relative to control firms. These findings do not simply reflect firms being offered higher margins to manufacture high-quality products that take longer to produce. Instead, we find evidence of learning-by-exporting whereby exporting improves technical efficiency.

First, treatment firms have higher productivity and quality after controlling for rug specifications. Second, when asked to produce an identical domestic rug using the same inputs and same capital equipment, treatment firms produce higher quality rugs despite no difference in production time. Third, treatment firms exhibit learning curves over time. Finally, we document knowledge transfers with quality increasing most along the specific dimensions that the knowledge pertained to."

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"In this paper, we carry out a literature review of the studies investigating the factors that affect the performance and growth of clean technology start-up firms. The importance of clean-tech start-ups lies in their mission to protect the environment by facilitating the increased use of clean energy and environmentally friendly solutions. At the same time, the entrepreneurial nature of many of these firms enables introduction of radical innovations necessary for making breakthroughs in the industries of renewable energy and environmental technology that in turn are essential for the industry development. Given their significance, there are surprisingly few studies with the focus on the factors affecting the growth of clean-tech start-ups. Our search in leading management, entrepreneurship and energy journals has yielded a total of 13 articles, almost all of which focus on such external factors as policies. We argue that this gives us an incomplete picture of the factors enabling a clean-tech firm's development. As clean-tech firms are a subset of the population of new technology-based firms (NTBFs), we draw on the literature dealing with the factors that promote growth of NTBFs in order to build our framework for structuring the results. The analysis uncovers what future research areas can be pursued in order to gain a more balanced understanding of what enables the development of a clean-tech start-up. We suggest that in addition to the macro-studies of policies and regulations, future research needs to examine the individual and firm-specific factors, e.g. characteristics of the clean-tech entrepreneurs, teams, governance mechanisms and network structures. Furthermore, the existing focus on the environmental and innovative performance of clean-tech start-ups should be complemented by examining the alternative firm outcomes related to e.g. financial performance, social identity, alliance portfolio and internationalization."

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"With the growing recognition of women entrepreneurs’ contribution to economic growth, there is need to understand the state of their operations in India. A country-level diagnostic of the demand and supply of finance for women-owned Micro, Small and Medium Enterprises is essential to drawing up country specific strategies to improve their access to finance. This report aims to assess the financing gap through a hybrid approach, including both secondary estimation and primary data collection, and identify the key characteristics of women-owned businesses, their need for financial and non-financial services, their uptake of financial products and the barriers to their access. Subsequently, key areas of focus have been identified that will help improve women entrepreneurs' access to finance."

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"We organise a field experiment with smallholder farmers in Rwanda to measure the impact of financial literacy training on financial knowledge and behaviour. The training increased financial literacy of participants, changed their savings and borrowing behaviour and had a positive effect on the new business start-up. However, it failed to have a significant (short-term) impact on income. Using a two-stage regression framework, we identify enhanced financial literacy as one of the important factors explaining behavioural changes. We also test whether financial knowledge spillovers from trained farmers to their peers in local village banks but find no evidence for that."

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"The objective of this edition is to: 1) Educate agribusiness entrepreneurs on the various available lending options for growth financing; 2) Demystify private equity financing options and how Sahel Capital has effectively created significant value for agribusinesses; and 3) Opportunities and challenges in the agriculture sector, government policies and sustainability in the sector."

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"In 2018, the ANDE South Africa team completed an in-depth snapshot of programs supporting entrepreneurs in Gauteng. This snapshot builds on previous efforts to identify support for entrepreneurs in South Africa."

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"As part of a series of ecosystem maps, with the support of the Citi Foundation, our West Africa Regional Chapter recently released a snapshot providing insight into the Lagos entrepreneurial ecosystem. This snapshot was produced through a review of existing literature, a series of surveys and interviews, as well as stakeholder meetings."

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"ANDE's Ecosystem Snapshots are designed to collect basic information about the support available for small and growing businesses in a specific city or country. This information acts as a census of the local actors and represents a specific moment in time. While the results are ultimately static, ANDE's Entrepreneurial Ecosystem Snapshot methodology is iterative and practitioner-focused. Research is primarily conducted by local teams who engage practitioners throughout the process."

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"Entrepreneurs are key drivers of economic and social progress. Rapidly growing entrepreneurial enterprises are often viewed as important sources of innovation, productivity growth and employment (small and medium-sized enterprises account for a high percentage of all jobs in emerging economies). Many governments are therefore trying to actively promote entrepreneurship through various forms of support.

The World Economic Forum, in collaboration with Stanford University, Ernst & Young and Endeavor, surveyed over 1,000 entrepreneurs from around the globe with the goal of better understanding how successful entrepreneurial companies speed access to new markets and become scalable, high-growth businesses. Executive case studies for 43 early-stage companies from 23 different countries were developed to enrich the feedback from the survey."

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"A survey of the support available for entrepreneurs in South Africa was undertaken by the Aspen Network of Development Entrepreneurs (ANDE) South Africa chapter in 2015. This infographic below highlights the updated 2017 version of the key fi ndings with interactive buttons to provide a more detailed overview of the support available."

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