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Effect of entrepreneur, firm, and institutional characteristics on small-scale firm performance in Ghana
Journal of Global Entrepreneurship Research ( IF 1.1 ) Pub Date : 2019-08-29 , DOI: 10.1186/s40497-019-0178-y
Bernard Kwamena Cobbina Essel , Faizal Adams , Kwadwo Amankwah

Small-scale firms are essential contributors to employment generation and growth of many economies. In recognition of their salient role, several policy interventions have been implemented to enhance job creation functions of small-scale firms. This study examined one of these interventions, that is, promotion of small-scale firms in Sunyani municipality of Ghana by analyzing the effect of entrepreneurs, firm, and institutional characteristics on the growth of small-scale firms. A cross-sectional survey was conducted involving 200 small-scale firm operators selected through multi-stage sampling. Both descriptive and inferential analytical tools were used to analyze the data. Descriptive techniques employed included means, frequencies, and cross-tabulations. The inferential analysis included the use of multivariate multiple regression techniques that estimate a single regression model with more than one dependent variable simultaneously. The findings show three types of small-scale enterprises viz. processing (dominated by females), artisans, and service sector (dominated by males) at Sunyani municipality of Ghana. The main findings show that demographic factors (sex of operator, completion of formal education at basic school level or junior high school), institutional variables (bank investment and training services), and firm characteristics (artisan and craft industry type) conjointly and significantly influence small-scale firm performance (number of employees and sales or monthly revenue). Consequent implications for developing economies (such as Ghana) include the need for the introduction of entrepreneurship education at basic level of education in addition to the current practice where entrepreneurship education is mostly limited to tertiary institutions or undergraduate levels, and linking provision of investment services with requisite skills training and backstopping in interventions targeting small-scale firms.



中文翻译:

企业家,企业和机构特征对加纳小型企业绩效的影响

小型公司是许多经济体创造就业和增长的重要贡献者。认识到它们的重要作用,已采取了一些政策干预措施,以增强小型企业的就业创造功能。本研究通过分析企业家,企业和机构特征对小型企业成长的影响,研究了其中一种干预措施,即在加纳的Sunyani市促进小型企业。进行了横断面调查,涉及通过多阶段抽样选择的200名小型公司运营商。描述性和推断性分析工具均用于分析数据。所采用的描述性技术包括均值,频率和交叉表。推论分析包括使用多元多元回归技术,该技术可同时估计具有多个因变量的单个回归模型。调查结果显示了三种类型的小型企业。加纳Sunyani市的加工(由女性主导),工匠和服务部门(由男性主导)。主要发现表明,人口因素(经营者的性别,在基础学校或初中阶段完成正规教育的情况),机构变量(银行投资和培训服务)以及公司特征(工匠和手工业的类型)共同并显着影响小型公司的业绩(员工人数和销售额或月收入)。

更新日期:2019-08-29
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