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Intersections between policy and institutions: a focus on enterprise growth in Swaziland
Journal of Entrepreneurship and Public Policy Pub Date : 2020-04-15 , DOI: 10.1108/jepp-10-2019-0079
Boris Urban , Zethu Dlamini

Purpose - Public policy supported by effective institutions is one of the key strategies for promoting entrepreneurial activities. However, the problem is that an enabling environment that supports entrepreneurship is often lacking in several African countries. The aim of this article is to deepen our understanding of the mix of policy and institutional factors which create an enabling environment for enterprise growth in Swaziland. Design/methodology/approach - Primary data are sourced from 200 enterprises across Swaziland's main regions and hypotheses are statistically tested using correlational and regression analyses. Findings - Results show that a mix of different institutional and state support factors such as access to markets, education and training, access to finance, contract enforcement, regulations and business support programmes all have a significant and positive impact on enterprise growth. Research limitations/implications - Study implications relate to the need for specific and targeted policy interventions required to foster an enabling environment in order to stimulate enterprise growth in Swaziland. Originality/value - Empirical investigations on enterprise growth in under-researched developing market contexts, such as Swaziland, are important since in many developing and emerging markets small enterprises are at the epicentre of the economy Moreover, this study adds to the stream of research highlighting that the application of institutional theory provides a detailed theoretical understanding of the actors and the process by which enterprise policy is formulated.

中文翻译:

政策与制度之间的交叉点:以斯威士兰的企业发展为重点

目的-由有效机构支持的公共政策是促进企业家活动的关键策略之一。但是,问题在于,在几个非洲国家中,通常缺乏支持企业家精神的有利环境。本文的目的是加深我们对为斯威士兰企业发展创造有利环境的政策和制度因素混合的理解。设计/方法/方法-主要数据来自斯威士兰主要地区的200家企业,并使用相关和回归分析对假设进行了统计检验。调查结果-结果表明,各种机构和国家支持因素混合在一起,例如进入市场,接受教育和培训,获得融资,合同执行,法规和业务支持计划均对企业发展产生重大而积极的影响。研究的局限性/意义-研究的意义涉及需要采取特定和针对性的政策干预措施,以营造有利的环境,以刺激斯威士兰的企业发展。独创性/价值-在研究不足的发展中市场环境下(如斯威士兰)对企业成长进行的实证研究非常重要,因为在许多新兴市场和新兴市场中,小型企业处于经济的中心。此外,本研究还增加了研究重点制度理论的应用为行为者和制定企业政策的过程提供了详细的理论理解。
更新日期:2020-04-15
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