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A comparative analysis of start-ups within Eastern Africa economic block

Treść / Zawartość
Identyfikatory
Warianty tytułu
PL
Analiza porównawcza startupów w bloku gospodarczym Afryki Wschodniej
Języki publikacji
EN
Abstrakty
EN
Using World Bank “Doing Business” report for the period 2004-2018, the study examines similarities and dissimilarities within the East African Economic block based on four variables for start-ups. The study employed the Kreskas-Wallis non-parametric technique of data analysis for the study. Based on the findings, the number of procedures undertaken before starting a business and the recovery rates linked to the resolution of insolvency are statistically different in these economies. Still, there is no significant difference in the number of days required to open a business or cost (captured as a percentage of income per capita). The recovery rate for insolvency resolution has the highest ESS (91.4%). The findings are essential for policymakers charged with the formulation of standard rules and regulations geared towards governing start-ups and SMEs in the region.
PL
Wykorzystując raport „Doing Business” Banku Światowego za lata 2004-2018, badanie analizuje podobieństwa i różnice w bloku wschodnioafrykańskiej gospodarki oparte na czterech zmiennych dla nowych przedsiębiorstw. W badaniu wykorzystano nieparametryczną technikę analizy danych Kruskas-Wallis do badania. Na podstawie ustaleń liczba procedur podjętych przed rozpoczęciem działalności gospodarczej oraz wskaźniki odzysku związane z rozwiązaniem niewypłacalności są statystycznie różne w tych gospodarkach. Mimo to nie ma znaczącej różnicy w liczbie dni potrzebnych do otwarcia firmy lub kosztu (ujętego jako procent dochodu na osobę). Stopa zwrotu z tytułu niewypłacalności ma najwyższy ESS (91,4%). Odkrycia są niezbędne dla decydentów odpowiedzialnych za formułowanie standardowych zasad i przepisów ukierunkowanych na zarządzanie nowopowstającymi firmami i MŚP w regionie.
Rocznik
Strony
273--284
Opis fizyczny
Bibliogr. 31 poz., tab.
Twórcy
  • School of Economics and Social Sciences
  • Institute of Business Studies, Szent Istvan University-Godollo, Hungary
Bibliografia
  • 1. Alesina A., Nicoletti G., Ardagna S., Schiantarelli F., 2005, Regulation and investment, "Journal of the European Economic Association", 3.
  • 2. Basnet H.C., Pradhan G., 2017, Regional economic integration in Mercosur: The role of real and financial sectors, Review of Development Finance, 7(2).
  • 3. Beck T., Demirguc-Kunt A., 2006, Small and medium-size enterprises: Access to finance as a growth constraint, “Journal of Banking and Finance”, 30(11).
  • 4. Bird M., Wennberg K., 2014, Regional influences on the prevalence of family versus non-family start-ups, “Journal of Business Venturing”, 29(3).
  • 5. Blazy R., Martel J., Nigam N., 2014, The choice between informal and formal restructuring: The case of French banks facing distressed SMEs, “Journal of Banking and Finance”, 44(1).
  • 6. Bondareva I., Zatrochová M., 2014, Financial Support for the Development of SMEs in the Slovak Republic, Procedia - Social and Behavioral Sciences, 110.
  • 7. Bremus F., Neugebauer K., 2018, Reduced cross-border lending and financing costs of SMEs, “Journal of International Money and Finance”, 80.
  • 8. Bruhn M., 2011, License to sell: The effect of business registration reform, The Review of Economics and Statistics, 93.
  • 9. Doruk Ö.T., Söylemezoğlu E., 2014, The Constraints of Innovation in Developing Countries: Too Many Barriers to Startups? Procedia - Social and Behavioral Sciences, 150.
  • 10. Flachaire E., García-Peñalosa C., Konte M., 2014, Political versus economic institutions in the growth process, “Journal of Comparative Economics”, 42(1).
  • 11. Geda A., Seid E.H., 2015, The potential for internal trade and regional integration in Africa, “Journal of African Trade”, 2(1-2).
  • 12. Gupta J., Gregoriou A., 2018, Impact of market-based finance on SMEs failure, Economic Modelling, 69.
  • 13. Hamplová E., Provazníková K., 2014, Assessment of the Business Environment Competitiveness in the Czech Republic and EU, Procedia - Social and Behavioral Sciences, 109.
  • 14. Hasan I., Jackowicz K., Kowalewski O., Kozłowski Ł., 2017, Do local banking market structures matter for SME financing and performance? New evidence from an emerging economy, “Journal of Banking and Finance”, 79.
  • 15. Holienka M., Jančovičová Z., Kovačičová Z., 2016, Drivers of Women Entrepreneurship in Visegrad Countries: GEM Evidence, Procedia - Social and Behavioral Sciences, 220.
  • 16. Hollender L., Zapkau F.B., Schwens C., 2017, SME foreign market entry mode choice and foreign venture performance: The moderating effect of international experience and product adaptation, International Business Review, 26(2).
  • 17. Kaplan D.S., Piedra E., Seira E., 2011, Entry regulation and business start-ups: Evidence from Mexico, “Journal of Public Economics”, 95(11-12).
  • 18. Kent Baker H., Kumar S., Rao P., 2017, Financing preferences and practices of Indian SMEs, “Global Finance Journal”, October.
  • 19. Koh S.K., Durand R.B., Dai L., Chang M., 2015, Financial distress: Lifecycle and corporate restructuring, “Journal of Corporate Finance”, 33.
  • 20. Kumar S., Sen R., Srivastava S., 2014, Does economic integration stimulate capital mobilityα An analysis of four regional economic communities in Africa? “Journal of International Financial Markets, Institutions and Money”, 29(1).
  • 21. Lawless M., O’Connell B., O’Toole C., 2015, SME recovery following a financial crisis: Does debt overhang matter? “Journal of Financial Stability”, 19.
  • 22. Nawaz S., 2015, Growth effects of institutions: A disaggregated analysis, Economic Modelling, 45.
  • 23. Nigam N., Boughanmi A., 2017, Can innovative reforms and practices efficiently resolve financial distress? “Journal of Cleaner Production”, 140.
  • 24. Nisar S., Boateng A., Wu J., 2018, The entry mode strategy and performance of SMEs: Evidence from Norway, Research in International Business and Finance, 45.
  • 25. Oke A.E., Aigbavboa C.O., Raphiri M.M., 2017, Students’ satisfaction with hostel accommodations in higher education institutions, "Journal of Engineering, Design and Technology", 15(5).
  • 26. Quartey P., Turkson E., Abor J.Y., Iddrisu A.M., 2017, Financing the growth of SMEs in Africa: What are the constraints to SME financing within ECOWAS? Review of Development Finance, 7(1).
  • 27. Rangel González E., Torre Cepeda L.E., 2015, Determinants of the cost of starting a business in Mexico, “North American Journal of Economics and Finance”, 34.
  • 28. Rekiso Z.S., 2017, Rethinking regional economic integration in Africa as if industrialization mattered, Structural Change and Economic Dynamics, 43.
  • 29. Ruiz F., Cabello J.M., Pérez-Gladish B., 2018, Building Ease-of-Doing-Business synthetic indicators using a double reference point approach, Technological Forecasting and Social Change, 131.
  • 30. Talmaciu M., 2014, Study on the Relationships between Institutions, Governance and Leadership and Regional Development Policy in Romania, Procedia Economics and Finance, 15(14).
  • 31. Wang Y., 2016, What are the biggest obstacles to the growth of SMEs in developing countries? - Empirical evidence from an enterprise survey, Borsa Istanbul Review, 16(3).
Uwagi
Opracowanie rekordu w ramach umowy 509/P-DUN/2018 ze środków MNiSW przeznaczonych na działalność upowszechniającą naukę (2019).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-6d435ef2-6e31-429a-af04-fb7a51e131a2
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