Openness, ICT and Entrepreneurship in Sub-Saharan Africa

Jacinta Nwachukwu, Simplice Asongu

Research output: Contribution to journalArticle

21 Citations (Scopus)
14 Downloads (Pure)

Abstract


Purpose
The purpose of this paper is to examine how information and communication technology (ICT) influences openness to improve the conditions of doing business in sub-Saharan Africa.

Design/methodology/approach
The data were collected for the period 2000-2012. ICT is proxied with internet and mobile phone penetration rates whereas openness is measured in terms of financial and trade globalisation. Ten indicators of doing business are used, namely: cost of business start-up procedures; procedure to enforce a contract; start-up procedures to register a business; time required to build a warehouse; time required to enforce a contract; time required to register a property; time required to start a business; time to export; time to prepare and pay taxes; and time to resolve an insolvency. The empirical evidence is based on generalised method of moments with forward orthogonal deviations.

Findings
While the authors find substantial evidence that ICT complements openness to improve conditions for entrepreneurship, the effects are contingent on the dynamics of openness, ICT and entrepreneurship. Theoretical and practical policy implications are discussed.

Originality/value
The inquiry is based on two contemporary development concerns: the need for policy to leverage on the ICT penetration potential in the sub-region and the relevance of entrepreneurship in addressing associated issues of population growth such as unemployment.
Original languageEnglish
Pages (from-to)278-303
Number of pages25
JournalInformation Technology & People
Volume31
Issue number1
DOIs
Publication statusPublished - 2018

Keywords

  • Entrepreneurship
  • Africa
  • Panel data
  • ICT
  • Openness
  • mobile communications
  • Information society
  • Information growth
  • F40
  • O38
  • O40
  • O55
  • P37

Fingerprint Dive into the research topics of 'Openness, ICT and Entrepreneurship in Sub-Saharan Africa'. Together they form a unique fingerprint.

Cite this