Industrial Clusters and Micro and Small Enterprises in Africa : From Survival to Growth

The private sector is the engine of economic growth, stimulating entrepreneurship and innovation and promoting competition and productivity. While many countries in Africa have developed private sector-driven growth strategies, private investment as a proportion of gross domestic product (GDP) is only 13 percent in Africa, significantly lower than in other regions, such as South Asia, with many low-income countries. The public sector still occupies the lion's share of economic activity in Africa. This study addresses how industrial clusters could be a springboard for the development of Africa's micro and small enterprise sector, which constitutes the bulk of the region's indigenous private sector. The successful development of industrial clusters in Asia illustrates how small enterprises can help to drive growth led by market expansion at home and abroad.

Bibliographic Details

Main Author:	Yoshino, Yutaka
Language:	English
Published:	World Bank 2011
Subjects:	ACCESS TO CAPITAL, ACCESS TO CREDIT, ACCESS TO FINANCE, ACCESS TO FORMAL FINANCE, ACCESS TO MARKETS, ACCESSIBILITY, ACCOUNTING, ACTION PLAN, ADVERTISING, AVAILABILITY OF DATA, BANK OF TANZANIA, BANK OFFICE, BANKS, BLOG, BUSINESS ACUMEN, BUSINESS CLIMATE, BUSINESS DEVELOPMENT, BUSINESS DEVELOPMENT SERVICES, BUSINESS ENTERPRISES, BUSINESS ENVIRONMENT, BUSINESS INDICATORS, BUSINESS NETWORKS, BUSINESS PERFORMANCE, BUSINESS PLANNING, BUSINESSES, BUYER, BUYERS, CAPABILITY, CAPITAL ACCUMULATION, CAPITAL FORMATION, COLLATERAL, COLLATERAL REQUIREMENTS, COMMERCIAL ACTIVITIES, COMMODITIES, COMMUNICATIONS TECHNOLOGY, COMPANY, COMPETITIVENESS, COMPETITORS, CONTRACT ENFORCEMENT, COPYRIGHT, CORPORATION, COUNTRY OF ORIGIN, CS, DEVELOPMENT BANK, DIASPORA NETWORK, DIASPORA NETWORKS, DIVERSIFICATION, E-MAIL, ECONOMIC ACTIVITY, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIES OF SCALE, EDUCATION LEVEL, EDUCATIONAL BACKGROUND, EMPLOYMENT, ENDOWMENTS, ENTERPRISE DEVELOPMENT, ENTERPRISE SECTOR, ENTERPRISE SIZE, ENTERPRISE SURVEY, ENTERPRISE SURVEYS, ENTREPRENEURIAL ABILITY, ENTREPRENEURIAL SKILLS, ENTREPRENEURS, ENTREPRENEURSHIP, EQUIPMENT, ETHNIC GROUP, ETHNIC MINORITIES, ETHNIC MINORITY, EXPANSION, EXPORT MARKETS, EXTERNAL FINANCING, EXTERNAL MARKETS, EXTERNALITIES, FACILITATION, FEMALE ENTREPRENEURS, FINANCIAL CAPITAL, FINANCIAL INSTITUTION, FINANCIAL RESOURCES, FINANCIAL SUPPORT, FINANCIAL SYSTEMS, FIRM SIZE, FIRMS, FIXED CAPITAL, FIXED COSTS, FLOW OF INFORMATION, FOREIGN DIRECT INVESTMENT, FOREIGN ENTERPRISES, FOREIGN INVESTMENT, FOREIGN MARKETS, FORMAL FINANCIAL INSTITUTIONS, GENDER, GLOBAL MARKETS, GOVERNMENT POLICIES, GROSS PROFIT, GROWTH STRATEGIES, HIGH INTEREST RATES, HUMAN CAPITAL, HUMAN RESOURCE, HUMAN RESOURCES, ICT, INDIGENOUS ENTREPRENEURS, INDUSTRIAL DEVELOPMENT, INFORMAL ECONOMY, INFORMATION TECHNOLOGY, INNOVATION, INTERFACE, INTERNAL NETWORKS, INTERNATIONAL BANK, INTERNATIONAL FINANCE, INTERNATIONAL MARKET, INTERNATIONAL MARKETS, JOB CREATION, LABOR MARKET, LACK OF ACCESS, LARGE ENTERPRISE, LARGE ENTERPRISES, LICENSES, LIMITED ACCESS, LIMITED ACCESS TO FINANCE, LOAN, LOCAL ENTREPRENEURS, MANAGERIAL SKILL, MANAGERIAL SKILLS, MANUFACTURERS, MANUFACTURING, MANUFACTURING ENTERPRISES, MANUFACTURING INDUSTRIES, MARKET ACCESS, MARKETING, MATERIAL, MEDIUM ENTERPRISES, MERCHANTS, MICRO ENTERPRISES, MINORITY ENTREPRENEURS, MULTINATIONAL, NATURAL RESOURCES, NEW ENTRANTS, NEW MARKETS, OPERATING COSTS, PARENT COMPANY, PHOTO, PHYSICAL CAPITAL, POLICY FRAMEWORK, PRIVATE CREDIT, PRIVATE INVESTMENT, PRIVATE SECTOR, PRIVATE SECTOR DEVELOPMENT, PRIVATE SECTOR PRODUCTIVITY, PRODUCT INFORMATION, PRODUCTION CAPACITY, PRODUCTIVE ENTERPRISES, PROFITABILITY, PROPERTY RIGHTS, PUBLIC POLICIES, PURCHASING POWER, PURCHASING POWER PARITY, QUALITY MANAGEMENT, QUERIES, RESULT, RESULTS, SALES REVENUE, SCALE ENTERPRISES, SEARCH, SHOP, SIZE OF ENTERPRISE, SIZE OF ENTERPRISES, SIZE OF FIRM, SMALL BUSINESS, SMALL ENTERPRISE, SMALL ENTERPRISES, SMALL FIRM, SMALL FIRMS, SME, SOCIAL NETWORKS, SOCIAL SERVICES, STANDARDIZATION, START-UP, SUBSIDIARY, SUPPLIERS, TECHNICAL KNOWLEDGE, TELEPHONE, TRADE CREDITS, TRADE FACILITATION, TRADE FLOWS, TRANSACTION, TRANSACTION COSTS, TRANSPORT, TURNOVER RATES, URBANIZATION,
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000334955_20110107050151 https://hdl.handle.net/10986/2546
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