Year
2017

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"The purpose of this report is to inventory different organizations in Tanzania that could help build local capacity, catalyze, and accelerate SME development and growth. The report includes a contextual overview of Tanzania, which helps to shed light on some of the challenges and opportunities for SME development and poverty alleviation. It then puts into perspective some of the key sectors that have been the focus of enterprise development activities. The report also includes an overview of key donor programs, as they can often stimulate SME-related activities and also provide a sense of where large-scale interventions in the SME landscape are occurring."

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"This study, which is part of a larger financial performance series, provides the first comprehensive analysis of the financial performance of 55 private real assets impact investment funds in three sectors: timber, real estate, and infrastructure. The report also launches the Real Assets Impact Investing Benchmarks, which will continue to track the financial performance of impact investing funds across the three sectors; Cambridge Associates will update performance data on the benchmarks quarterly. Encouragingly, the findings show that risk-adjusted market rate returns are achievable in impact investing, as evidenced by return distributions of similar funds with no environmental or social objectives; however, fund selection remains important."

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"The Global Cleantech Innovation Index (GCII) programme investigates where, relative to GDP, entrepreneurial clean technology companies are most likely to emerge from over the next 10 years - and why. Drawing on a wide range of factors and sources, the study seeks to answer the same question as the 2012 and 2014 GCII reports, namely: which countries currently have the greatest potential to produce entrepreneurial cleantech start-up companies that will commercialise clean technology innovations over the next 10 years?"

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"The DCED Standard is a practical framework for private sector development programmes to monitor progress towards their objectives. It comprises seven elements, listed in the box to the right, which are the minimum required for a credible results measurement process. By adopting these elements, programme managers can understand what is working and why, and use monitoring information to improve the effectiveness of their work."

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"Do business accelerators affect new venture performance? We investigate this question in the context of Start-Up Chile, an ecosystem accelerator. We focus on two treatment conditions typically found in business accelerators: basic services of funding and coworking space, and additional entrepreneurship schooling. Using a regression discontinuity design, we show that schooling bundled with basic services can significantly increase new venture performance. In contrast, we find no evidence that basic services affect performance on their own. Our results are most relevant for ecosystem accelerators that attract young and early-stage businesses and suggest that entrepreneurial capital matters in new ventures."

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"Entrepreneurship is an engine for economic development worldwide (Kelley, Singer, & Herrington 2016). For developing economies, the importance of entrepreneurship is associated with increased productivity and reduction in the rising unemployment rates, particularly among the youths. Consequently, several models and support programmes have been designed to facilitate successful entrepreneurial activities amongst youth. The article discusses the business acceleration model of the Global Business Labs (GBL) which is replicated in Botswana, Namibia and Uganda based on a Swedish model, between 2012 and 2015 but failed in Mozambique and Zambia. Using a multiple case study method, this article presents the results of a cross-country case analysis of the GBL programme with a view to understand the emergence of a business accelerator. Despite replication of the programme in respect of concepts, materials and operational systems, the cases reveal variations in operational experiences and acceleration performance across the five countries. Using the emergence theory, the article highlights these differences. The major contribution of the study to theory, in determining how business accelerators come into being, includes the duality of intentions and exchange between key stakeholders and the resource burst as a triggering mechanism in developing countries. The study further informs development of a model for successful business acceleration launch and subsequent performance for developing economies."

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"Job creation is one of the most important aspects of entrepreneurship, but we know relatively little about the hiring patterns and decisions of start-ups. This study investigates the determinants of taking the leap from a nonemployer to employer firm among start-ups. Using data from the largest random experiment providing entrepreneurship training in the United States ever conducted, we do not find evidence that entrepreneurship training increases the likelihood that nonemployers hire their first employee."

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"This research was conducted in 2015 - 16 with three primary goals: to go beyond anecdotal evidence and explore the experiences shared by intermediaries in-depth; to understand the variety of talent challenges these organisations face; and to determine possible solutions both for the organisations individually and for the social impact sector as a whole. This report should serve as a starting point for the social impact sector to begin discussing their talent challenges openly. It is a call for joint action."

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"Standard business training programs aim to boost the incomes of the millions of self-employed business owners in developing countries by teaching basic financial and marketing practices, yet the impacts of such programs are mixed. We tested whether a psychology-based personal initiative training approach, which teaches a proactive mindset and focuses on entrepreneurial behaviors, could have more success. A randomized controlled trial in Togo assigned microenterprise owners to a control group (n = 500), a leading business training program (n = 500), or a personal initiative training program (n = 500). Four follow-up surveys tracked outcomes for firms over 2 years and showed that personal initiative training increased firm profits by 30%, compared with a statistically insignificant 11% for traditional training. The training is cost-effective, paying for itself within 1 year."

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"Tech start-ups are an effective mechanism to both create local technology and absorb foreign technology. The objective of this report is to provide a better understanding of the status of Beirut's start-up ecosystem and provide policy recommendations for policy makers and other stakeholders who are interested in supporting the growth and sustainability of the ecosystem. The report is based on an in-depth survey of startups and supportive stakeholders of the ecosystem. The findings point out to an early-to middle stage start-up ecosystem that has passed its nascent growth phase but is still far from maturity. Skills, supportive infrastructure, finance pipeline, and community and networks are examined and gaps are identified. Policy recommendations to tackle these gaps are presented based on international practices."

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