Innovation and Development Firm-level innovation in Africa: overcoming limits and constraints (original) (raw)

INNOVATION AND OBSTACLES IN WEST AFRICAN FIRMS: AN EVIDENCE FROM THE GHANAIAN CONTEXT

International Journal of Management & Entrepreneurship Research, 2022

Innovation is a concept that has kept the attention of researchers worldwide. Innovation leads to product and process improvement, assists the organization to survive, grow faster, efficiently, and be more profitable than non-innovative organisations. However, the innovation level among Ghanaian firms is not yet reaching its full potential. In addition, innovative behaviour among Ghanaian enterprises is still at the infancy stage. To boost the innovation rate, it is imperative to solve the challenges and issues faced by Ghanaian firms. Innovation has become the building block of development in both developed and developing countries it is commonly agreed that innovation is the critical path towards growth and prosperity for countries as well as for individual firms. It is the key to technology adoption, creation and explains the vast difference in productivity across and within countries. However, in Africa, the case seems to have faced a challenging time due to obstacles like finance accessibility, electricity, trade regulations, land access, tax, corruption, informal sector malpractices, tax administration, political instability, transportation, and others. It is against some of these obstacles that we decided to embark on this study to help us critically investigate the effect of the barriers to firms' growth and its effect

Firm-Level Innovation and Business Obstacles in Sub-Saharan Africa: A cross-country analysis

2022

With a scope spanning African countries and regions or issues with relevance to the African context in terms of learning or replication, the AWPS encompasses a wide range of strategic and operational topics, including but not limited to agricultural growth and transformation; industrialization; economic integration; poverty reduction, food security and livelihoods; natural resource management and environmental protection; and digital agriculture.

INNOVATION AND ENTREPRENEURSHIP. AFRICA IN DILEMMA

Innovation and entrepreneurship. Africa in dilemma, 2021

This book emphasizes on explaining innovation and entrepreneurship at large and African position is annexed. It identifies the roadblocks for innovators and entrepreneurs and discusses ways for developing an ecosystem for innovators and entrepreneurs to pave a way through the barriers and create ground-breaking products and new technologies which meet consumers’ needs. This book will be of interest to researchers, students, international agencies, governments, businesses and individuals interested in the field of innovation and its potentials. It will also be relevant to investors, manufacturers and other stakeholders involved in the economic development of Africa.

Innovate or Die Lessons for Sub-saharan African Economies

Modern Economy and Management

The widening gap in innovations among nations has received a lot of attention. In what follows, leading innovating economies have challenged themselves to do, but what remains of the laggards is still worth discussing. As a result, this study used articles from high-ranking journals in Scopus and Scimago; and used key terms to ascertain articles via Google Scholar. As found in this study, innovation is the key driver of recent developments seen by many countries and businesses. More specifically, it is observed in this review that innovation drives industrialization, increases productivity, and has a direct link with economic growth. Businesses are seeing growth in sales, sustained businesses, quick and quality service delivery, improved production processes and production volumes, and enhanced performance. In this review, Sub-saharan Africans (SSAs) were observed to have late assimilation of the innovation momentum and there is generally inadequate investment and policy dialogue on...

Productive and Cognitive Innovaton Strategy: African Framework Design

Mediterranean Journal of Social Sciences, 2013

Since the mid 1990's, economists have come to recognize the role of innovative activity in firms productivity growth, particularly in the competitive market economies. However, the most conducive market environment for innovative activity has also become a subject of interest. Thus, a major constraint on industrial dynamism in African countries is said to be the dearth of indigenous entrepreneurs. This paper therefore argued for the provision of comprehensive innovation policy, in which the government supports the innovators by providing appropriate financial measures, removing regulatory, institutional (competitive) obstacles to innovation and strengthening the knowledge base through investment in education, research and industrial sites in Africa.

Development drivers in Africa : role of innovation

2011

acbf-pact.org argues that innovation in development is an additional factor underpinning Africa's development and that it is important to see how pro-poor innovation can further contribute to resolving the remaining challenges. The paper interrogates what is needed to spur innovation and concludes that policies to support innovation need to be viewed from a short, medium and long-term perspective. In so doing the paper emphasizes the role of regional integration and the need for a coordinated and collaborated approach.