Browsing Research articles (Dept of Management) by Subject "Economics"
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Temtime, Z.T.; Chinyoka, S.V.; Shunda, J.P.W. (Journal of Management Development; Emerald Group Publishing Limited; www.emeraldinsight.com/0262-1711.htm, NaN, 2004)[more][less]
Abstract: There is a general consensus among public policy makers, academics and researchers that entrepreneurship is a vital route to economic advancement for both developed and developing economies. As a result, a host of small business assistance programs are conducted by public, private and nonprofit organizations. Although the need for integrating these programs has always been a high priority on the national agenda for public policy and research in entrepreneurship, their implementation particularly in developing economies is characterized by fragmentation and lack of coordination. Small business assistance will be meaningful if they are designed in a holistic and systematic way and implemented with a view to achieve long term sustainable development. This paper offers a conceptual framework for designing an integrated model of small business assistance. The paper identifies the major characteristics of small firms and potential small business assistance programs, and presents a decision tree model that matches the characteristics of firms with appropriate assistance program(s). A case study of small business assistance programs in the Republic of Botswana was conducted to provide an empirical evidence of the need for an integrated design or model. Finally, conclusions, discussions and the implications of the model for policy makers, practitioners and further research are presented. URI: http://hdl.handle.net/10311/12 Files in this item: 2
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Temtime, ZT; Pansiri, J (Development and Learning in Organisations; Emerald Group Publishing Ltd; www.emeraldinsight.com/reprints, NaN, 2006)[more][less]
Abstract: Although the discovery of mineral wealth (i.e. diamond) has propelled Botswana into the middle-income category, the country still faces the problem of economic diversification, employment creation, income distribution and poverty alleviation. The main strategy employed by the government to diversify the economy and create employment has been the promotion of the development of small- and medium-sized enterprises (SMEs). There is a general consensus that Botswana should not continue putting all its ‘‘eggs in one basket’’. The most common argument in favor of SMEs is that they are sustainable forms of diversifying the economy away from mining; they create substantial job opportunities; and they help narrow the gap between urban and rural development, and alleviate poverty. SMEs employ more people per unit of investment as compared to large firms. The prevalence of low-skill and unskilled labor force in the economy coupled with the tendency of the government to reduce its role as primary employer made the promotion of SMEs a primary source of employment creation, income generation and poverty alleviation. The objective of the study was to investigate how managerial problems are affecting the performance and development of SMEs, and analyze the relationship between these factors and firm specific demographical variables, and the association among the problems themselves. Data were collected from through questionnaire from 250 SMEs. The majority of the sample firms were small in size (70 percent), owned by males (78 percent) and concentrated in the non-manufacturing sectors (merchandising and service) (90 percent) of the economy. Respondents were asked to rate the impact of 34 managerial items on the performance of SMEs on a five-point scale ranging from 5 (very high) to 1 (very low). URI: http://hdl.handle.net/10311/47 Files in this item: 2
license.txt (1.998Kb)
Now showing items 1-2 of 2