For many years, entrepreneurship has been considered as one of the most important solutions to the three-pronged challenges, poverty, unemployment and inequality, of most African countries. A recent development that has undoubtedly compounded the challenges that African entrepreneurs face and further impede the economic growth impact is Covid-19. This pandemic has exerted severe damage to economies and businesses globally. For the African setting, the implications of Covid-19 on businesses and individuals would be enormous, as African societies are rarely equipped to absorb unexpected shocks of this magnitude as the social and welfare schemes are far below requirements.
This book illuminates entrepreneurship in the African setting, focusing on the prospects, challenges, and the post-Covid-19 pandemic future. It aims to offer a rich repository of information on strategies and techniques for sustaining entrepreneurial activities that can enrich African nations and will be of relevance to academics, researchers, advanced students, entrepreneurs, governments, and government agencies who are interested in understanding issues relating to entrepreneurship development within the African continent.
Author(s): Anthony Abiodun Eniola, Chux Gervase Iwu, Abdullah Promise Opute
Series: Routledge Studies in Entrepreneurship and Small Business
Publisher: Routledge
Year: 2022
Language: English
Pages: 256
City: New York
Cover
Half Title
Series Page
Title Page
Copyright Page
Contents
Figures
Tables
Contributors
1. COVID-19 Effect on Human Resources for Entrepreneurship Development
Introduction
Research purpose and objectives
Literature review
Theoretical lens
Impact of COVID-19 pandemic on human resources and entrepreneurship development
Addressing challenges posed by the COVID-19 pandemic for human resources and entrepreneurship development
Research method
Sampling and research participants
Data collection and data recording
Strategies to ensure data integrity
Data analysis
Ethical considerations
Findings
Theme one: cutting back as a result of the pandemic
Theme two: cushions to the challenges of the pandemic
Discussion
Implications
Theoretical implications
Implications for practitioners
Limitations of the study
Future research
Conclusion
References
2. The Concept and Evolution of Social Entrepreneurship: An International and South African Perspective
Introduction
Social entrepreneurship definition
The historical development of social entrepreneurship in North America
The evolution of social entrepreneurship in Europe
Social entrepreneurship in Asia
Social entrepreneurship in Africa
Social entrepreneurship in South Africa
COVID-19 and social entrepreneurship
Opportunity creation theory
Conclusion
Recommendations
Avenue for further research
References
3. Entrepreneurship Ecosystem: A Focus on King William's Town, South Africa
Introduction
South Africa's entrepreneurial ecosystem
Challenges affecting business in South Africa
Entrepreneurship development
Resource-based entrepreneurship theories
Research methodology
Presentation of results
Discussion
Conclusion
Recommendations
Avenues for further research
References
4. To What Extent Is Entrepreneurship a Sustainable Career Choice for the Youth? A Post-COVID-19 Descriptive Analysis
Introduction and background
Method
Literature review
Definition of youth entrepreneurship
The role of youth entrepreneurship
The youth entrepreneurship rationale
Youth entrepreneurial intentions and behaviours
Post-COVID-19 perspectives on youth entrepreneurship
Findings and discussion
Policy assumptions of the necessity for youth entrepreneurship
The inadequacy of the business environment to support youth entrepreneurship
Job and education-related interventions as higher-order strategies to complement the failures of entrepreneurship
Post-COVID-19 entrepreneurship possibilities
Implications, limitations, and suggestions for future research
Implications for theory and policy
Limitations and suggestions for future research
Conclusion
References
5. Smart Township Digital Framework: Growing the Township Economy Post-COVID-19 Pandemic
Introduction
Literature review
The township economy and the effect of the coronavirus pandemic
Digitisation, digitalisation, and digital transformation
The smart township
Digitisation and the smart township
Research methodology
The proposed solution: smart township digital framework
Last-mile connectivity
Cloud and virtualisation
Customers and end-users
Key enabling digital skills
Benefits of implementing the proposed framework to the township businesses
Enhanced online shopping experience
A digitally transformed company that thrived during the pandemic: the Drip Footwear (Zwane et al., 2022)
Discussions and recommendations
An enabling environment
Access to ICT and digital infrastructure
Financing
Conclusion
References
6. Entrepreneurship and COVID-19: A Socio-Psychological Perspective
Introduction
Entrepreneurship conceptualisation
Entrepreneurship and Covid-19 in Africa
Entrepreneurship, Covid-19, and socio-psychological implications (case study of Nigerian entrepreneurs)
Socio-psychological perspective on entrepreneurship and Covid-19 pandemic
Recommendations
Entrepreneurs-related recommendations
Active governmental support in facilitating entrepreneurship
Future research directions
Notes
References
7. Entrepreneurship Financial Stability and Implications
Background
Development and financial intermediation for entrepreneurship
Financial growth and systematisation of social entrepreneurship
Entrepreneurship, economic development, and financial stability
Bank financing and entrepreneurship
Venture capital and entrepreneurship
Financial constraints and entrepreneurship
Financial instability and entrepreneurship
Entrepreneurship in emerging markets
COVID-19 and financial stability
Mitigation strategies and concluding remarks
Limitations
References
8. Entrepreneurial Corporate Social Responsibility in the Post-COVID-19 Pandemic Era: Perspectives in Sub-Saharan Africa
Introduction
The origin of corporate social responsibility
Strategic posture towards entrepreneurship and CSR
The case for entrepreneurship in the post-COVID-19 era
Is taxation CSR in disguise?
The CSR dilemma for multinational entrepreneurs operating in LDC
Resource curse and the entrepreneurship CSR dilemma
Capital flight out of sub-Saharan Africa
Entrepreneurship development and CSR in Africa
Conclusion and recommendations
References
9. The Application of TPB Concepts in Building Innovative African Entrepreneurs, and Effective Entrepreneurship Education in Africa: A Way Forward for Africa to Post-Covid-19 Economic Sustainability
Introduction
Literature review
Conceptual framing of TPB and entrepreneurship
Entrepreneurship education, entrepreneurship, and entrepreneur
Emergence and concept of EE
Core elements of entrepreneurship education and entrepreneurship
Entrepreneurship education dimension during Covid-19 in Africa
ICT and entrepreneurship education in Africa
Challenges of entrepreneurship education development in Africa
Conclusion and recommendation
Limitations and future research directions
6.0 Policy implication
References
10. Informal Entrepreneurship in Africa
Introduction
Defining informal entrepreneurship
Theoretical appraisal
The entrepreneurial ecosystem theory
The eclectic theory
Informal entrepreneurship and the eclectic theory
Lean start-up methodology
Informal entrepreneurship in Africa
Types of businesses in Africa's informal sector
Challenges faced by Informal businesses in Africa
Recommendations for informal entrepreneurship in Africa
Policymakers and public leaders
Financial sector
Culture impactors
Support organisations
Education and human capital
Corporates
Conclusion
Note
References
11. Entrepreneurship Education and Productive Entrepreneurship
Introduction
Conceptual framing of this chapter
Entrepreneurship education
Entrepreneurship intention
Proactive mindset
Entrepreneurship marketing
Innovativeness
Utilising an opportunity
Risk taking
Value creation
Entrepreneurship education in the African setting: critical challenges
Lecturer mindset-related factors
Curricula-related elements
Research and entrepreneurship
Recommendations
Future research directions
Note
References
12. Productive Entrepreneurship: Entrepreneurial Networking Perspective and Research Agenda
Introduction
The conceptual framing of this chapter
Entrepreneurial ecosystem: definition, and conceptual premise in this chapter
Entrepreneurial networking: definition and productive entrepreneurship
Digitisation, networking and productive entrepreneurship
Conclusions to the chapter, recommendations and research agenda
Recommendations
Research agenda
References
Index
