The Barriers to Growth in Ghana

The Barriers to Growth in Ghana This paper presents the results of ordered logit regression models of the problems faced by 500 entrepreneurs from six regions of Ghana against the characteristics of the entrepreneurs and their businesses and whether these were systematically related to a list of 37 factors that they perceived as limiting their ability to achieve their objectives in the period 2002–2005. The results show that the education, but not the sex or age of the entrepreneurs were related to business barriers. Family Businesses, growing businesses, those providing training and those which did not spend money on R&D were more likely to encounter business barriers. The findings of the research also revealed that in general firms in conurbations were more likely to encounter barriers. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Small Business Economics Springer Journals

The Barriers to Growth in Ghana

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Publisher
Springer US
Copyright
Copyright © 2007 by Springer Science+Business Media, LLC
Subject
Business and Management; Management; Microeconomics; Entrepreneurship; Industrial Organization
ISSN
0921-898X
eISSN
1573-0913
D.O.I.
10.1007/s11187-007-9046-1
Publisher site
See Article on Publisher Site

Abstract

This paper presents the results of ordered logit regression models of the problems faced by 500 entrepreneurs from six regions of Ghana against the characteristics of the entrepreneurs and their businesses and whether these were systematically related to a list of 37 factors that they perceived as limiting their ability to achieve their objectives in the period 2002–2005. The results show that the education, but not the sex or age of the entrepreneurs were related to business barriers. Family Businesses, growing businesses, those providing training and those which did not spend money on R&D were more likely to encounter business barriers. The findings of the research also revealed that in general firms in conurbations were more likely to encounter barriers.

Journal

Small Business EconomicsSpringer Journals

Published: Apr 18, 2007

References

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