123 research outputs found

    African economic paradox: industrialization creating jobs and added value or active participation in global value chains: what solutions to develop for the less advanced and landlocked countries like Burkina Faso?

    Get PDF
    The United Nations Economic Commission for Africa (2016) calls for resources for the implementation of the Action Plan for Accelerated Industrial Development in Africa, and states that: “Industrialization is essential for African countries as a means of increasing income, creating jobs, developing value-added activities and diversifying economies”. The United Nations Development Program (UNDP), the African Development Bank (AFDB), and the Organization for Cooperation and Economics Development (OCED, 2014, p. 16) explain the benefits to African countries’ participation in Global Value Chains (GVC) to industrialize without having to implement all stages of the chain. They add that the acquisition of new production capacities can allow countries and companies to move upmarket, which is to say to increase their share of value added in a GVC. But the opposite is the case, at least in some countries like Burkina Faso. We are witnessing a “specialization of primary products (cotton and non-monetary gold), to the detriment of manufacturing industry with high potential for multiplier effects on local economies” National Plan for Economic and Social Development of Burkina Faso (PNDES, 2017, p.12). Cusolito and al. (2016) mention that overcoming a series of obstacles (such as bad policies and governance, insufficient technology and skills) is the way to actively participate in GVCs. Yet OPEN it is these same obstacles that have always prevented the industrialization of Sub-Saharan Africa (excluding South Africa). The results show that the Global Value Chains (GVC) contribute to the creation of added value in developing countries what has an effect on industrializationPostprint (published version

    Entrepreneur leadership, adaptation to Africa, organisation efficiency, and strategic positioning: What dynamics could stimulate success?

    Get PDF
    The purpose of this research is to determine the salient factors in the African business context that can support companies to be successful. This research aims to categorize the key success factors among different factors such as adaptation, efficiency, leadership and strategic positioning by using data from a survey on entrepreneurs in Burkina Faso. The approach is quantitative and founded on the onion model. The results show that entrepreneur leadership and adaptation to the African context are the main factors for business success. Thus, the suggestion is that companies should adapt to the African context realities while promoting entrepreneur leadership skills for a better management and to improve their profit, performance, and thus gain a tremendous success.Peer ReviewedPostprint (published version

    Examining the key success factors in Africa based on 3 aspects: adaptation, efficiency and strategic positioning from a survey on entrepreneurs in Burkina Faso

    Get PDF
    The main purpose of this paper is to examine the different types of factors in the African business context and in particular in the context of Burkina Faso, that can help companies to be successful. It is about the identification of the key successful factor among some main factors such as adaptation, efficiency and strategic positioning The data is from a survey on entrepreneurs in Burkina Faso, who attended the Africallia business meeting in 2018. The results show that the adaptation to the context is one of the main factors for business success. Thus, the suggestion is that companies should adapt to the African context in order to improve their profit, performance and thus gain a tremendous success.Peer ReviewedPostprint (published version

    Approach to the critical success factors of companies in Burkina Faso based on the educational level profile

    Get PDF
    This article looks for a Chi-square relationship between the educational level of theentrepreneur and "business success" of the latter in Burkina Faso, according to their efficiencyin financial and commercial matters, based on a survey conducted during Africallia 2016. Theresults indicate that the profile of entrepreneurs gone to university obtains better results in loanmanagement while in case of the sales management; the findings are not conclusive due to sectorial differencePeer ReviewedPostprint (published version

    AFRICAN ECONOMIC PARADOX: INDUSTRIALIZATION CREATING JOBS AND ADDED VALUE OR ACTIVE PARTICIPATION IN GLOBAL VALUE CHAINS: WHAT SOLUTIONS TO DEVELOP FOR THE LESS ADVANCED AND LANDLOCKED COUNTRIES LIKE BURKINA FASO?

    Get PDF
    The United Nations Economic Commission for Africa (2016) calls for resources for the implementation of the Action Plan for Accelerated Industrial Development in Africa, and states that: “Industrialization is essential for African countries as a means of increasing income, creating jobs, developing value-added activities and diversifying economies”. The United Nations Development Program (UNDP), the African Development Bank (AFDB), and the Organization for Cooperation and Economics Development (OCED, 2014, p. 16) explain the benefits to African countries’ participation in Global Value Chains (GVC) to industrialize without having to implement all stages of the chain. They add that the acquisition of new production capacities can allow countries and companies to move upmarket, which is to say to increase their share of value added in a GVC. But the opposite is the case, at least in some countries like Burkina Faso. We are witnessing a “specialization of primary products (cotton and non-monetary gold), to the detriment of manufacturing industry with high potential for multiplier effects on local economies” National Plan for Economic and Social Development of Burkina Faso (PNDES, 2017, p.12). Cusolito and al. (2016) mention that overcoming a series of obstacles (such as bad policies and governance, insufficient technology and skills) is the way to actively participate in GVCs. Yet OPEN it is these same obstacles that have always prevented the industrialization of Sub-Saharan Africa (excluding South Africa). The results show that the Global Value Chains (GVC) contribute to the creation of added value in developing countries what has an effect on industrializatio

    EXAMINING THE KEY SUCCESS FACTORS IN AFRICA BASED ON 3 ASPECTS: ADAPTATION, EFFICIENCY AND STRATEGIC POSITIONING FROM A SURVEY ON ENTREPRENEURS IN BURKINA FASO

    Get PDF
    The main purpose of this paper is to examine the different types of factors in the African business context and in particular in the context of Burkina Faso, that can help companies to be successful. It is about the identification of the key successful factor among some main factors such as adaptation, efficiency and strategic positioning The data is from a survey on entrepreneurs in Burkina Faso, who attended the Africallia business meeting in 2018. The results show that the adaptation to the context is one of the main factors for business success. Thus, the suggestion is that companies should adapt to the African context in order to improve their profit, performance and thus gain a tremendous success. Keywords: Success Factors, Business, Companies, Adaptation, Efficiency, Strategic Positioning, Africa

    Factors of the mid-term performance and development projects: an evidence from developing countries

    Get PDF
    This research aims to analyze the factors of performance at mid-term development projects in developing countries in general and in particular in the context of Burkina Faso. This is to identify the internal and external factors that explain the level of performance at mid-term development projects in Burkina Faso context. The methodology used is essentially based on the hypothetico-deductive approach. The overall sample size is 60 respondents, but because of technical issues and professional issues only 35 respondents have been able to participate actively on the quantitative aspect of the study. The research results show, first, that there are two internal factors to project management that positively and significantly influence performance at mid-term development projects in Burkina Faso. These are the planning variable and the Human resources management variable, respectively. Second, concerning the identified external factors, only the variable environment or area of project intervention influences positively and significantly the mid-term performance at development projects in Burkina Faso. Nevertheless, recommendations are formulated for more efficiency in the implementation of development projects.Postprint (published version

    Innovation policy in Burkina Faso public procurement as a demand-side: the necessity to search for failure sources

    Get PDF
    In developed countries, public procurement is used to incentivize private companies to invest in innovation. But, governments of developing countries fail to do as much. However, since the size of the market in these countries is small, obtaining and carrying out large public contracts are opportunities that private companies must seize in order to innovate. This contribution analyzes the effect of public procurement on the incentive of private companies to innovate. We use primary data collected from private companies participating in large public tenders in Burkina Faso. The results obtained from probit model with instrumental variables (IV probit) show that public procurement effectively exerts positive externalities on the incentive of private companies to innovate. However, to further increase the influence of public procurement on the private companies’ incentive to innovate, the government needs to ensure that the procurement process is free from imperfections such as corruption and information asymmetries that may limit their efficiency in this area.Peer ReviewedPostprint (published version

    ENTREPRENEURSHIP EDUCATION AND YOUTH UNEMPLOYMENT CHALLENGES IN AFRICA: GHANA IN PERSPECTIVE

    Get PDF
    Entrepreneurship education has the mandate to equip the youth with functional knowledge and skills to build up their character, attitude and vision.  It has vital role in developing eco-system that promotes innovation and solving unemployment challenges of nations.  Government of Ghana has initiated direct job creation interventions to address youth unemployment challenges. Examples include: Skill Training and Employment Placement (STEP) Programme (2002-2004), National Youth Employment Programme (NYEP), now Youth Employment Agency (YEA) in 2006, Youth Enterprise Support (YES), now National Entrepreneurship and Innovation Plan (NEIP) in 2014, and the recent Nation Builders Corps. Despite the above efforts, unemployment rates in Ghana instead of reducing, increased from 2.15% in 2015, 2.26% in 2016 to 2.36% in 2017; whilst youth unemployment rate increased from 4.51% in 2015, 4.72% in 2016 to 4.9% in 2017. Therefore, this study attempts to conceptualize the relevance of entrepreneurial education to solving the youth unemployment challenges in Ghana. The study concluded that entrepreneurial education has the potentials of solving youth unemployment challenges in the society.  Keywords: Entrepreneur, Entrepreneurship, Entrepreneurship Education, Unemployment

    SOCIAL CLASS, CONSUMPTION AND CONFLICTS: A QUALITATIVE RESEARCH ON CONSUMERS IN A WEST AFRICAN CHRISTIAN CONTEXT

    Get PDF
    The relationships between alcohol consumption and conflicts has been explored in several contexts. Little research has been conducted on the subject in Burkina Faso. The purpose of this research is to deeply investigate the relationship between social class and alcohol consumption on one hand, and alcohol consumption and household conflicts on the other in Burkina Faso where alcohol consumption is on the increase. This exploratory research is focused on the constructivist epistemological posture. A qualitative method research design is used to collect data from both primary and secondary sources for analysis. Semi-structured interview guide was used for data collection. The results show that social class moderates the relationship between alcohol consumption and conflicts, and a high relationship between alcohol consumption and household conflicts. The findings imply that there should be a rigorous segmentation and religious hyper-personalisation of the alcohol beverage market in order to meet the local Christian consumers’ core needs and real expectations.   To the best of authors’ knowledge, this is an exploratory research in the West African Christianity context that shows the relationship between different social classes and alcohol consumption and conflicts.  Keywords: Social class, Alcohol Consumption, Household Conflicts, Ouagadougo
    • …
    corecore