Institutional and Economic Foundation of Entrepreneurship in Africa: An Overview

摘要: Africa is arguably the richest continent in terms of minerals and natural resources. Prior research has also found that an abundance entrepreneurs possess ability to identify business opportunities exploit them. The continent’s entrepreneurial performance, however, been weak. Our goal this paper modest simply aimed at identifying synthesizing available evidence on economic institutional factors affecting entrepreneurship Africa. This reviews various mechanisms by which foreign businesses are exploiting for resources market examines Western response low level activities Finally, provides case studies some successful continent. cases indicate do not necessarily have depend