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Entrepreneurship and SME Management Across AfricaCameroon: Characteristics of Entrepreneurs and SMME Performance

Entrepreneurship and SME Management Across Africa: Cameroon: Characteristics of Entrepreneurs and... [Small-, medium-, and micro-sized enterprises (SMMEs) constitute a vast majority of businesses in CameroonCameroon and are a vital source of its economic growth, dynamism, and flexibility. SMMEs as economic agents are not only built on their intrinsic qualities, but also rely on information from the business environment. This chapter assesses the impact of entrepreneurial characteristics on the performance of SMMEs. The data used for this study are ‘the General Census of Companies in Cameroon,’ conducted with 93,969 companies by the National Institute of Statistics (INS). The study uses multiple regressions to assess the direct effects of entrepreneurs’ characteristics on the performance of their SMMEs. A statistical analysis of the data reveals that men (60 %) are more entrepreneurially active than women and are mostly less than 50 years old (80 %). Econometric analyses show that characteristics such as gender, age, training, level of education, country of origin, and the share of capital of an entrepreneur significantly influence a SMME’s performance. Further, the social networking capacity of entrepreneurs facilitates economic action and allows them to expand the scope of their businesses by saving resources and leveraging exclusive resources and opportunities. These relationships help the entrepreneurs transform human and financial resources into profit. The level of education feeds into a persistent entrepreneurial logic, and vocational training received by Cameroonian entrepreneurs determines their career opportunities and the performance of their ventures.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Entrepreneurship and SME Management Across AfricaCameroon: Characteristics of Entrepreneurs and SMME Performance

Part of the Frontiers in African Business Research Book Series
Editors: Achtenhagen, Leona; Brundin, Ethel
Tsambou, André Dumas; 1er Ndokang Esone, Ludwick
Entrepreneurship and SME Management Across Africa — Jul 13, 2016
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Publisher
Springer Singapore
Copyright
© Springer Science+Business Media Singapore 2016
ISBN
978-981-10-1725-4
Pages
9 –30
DOI
10.1007/978-981-10-1727-8_2
Publisher site
See Chapter on Publisher Site

Abstract

[Small-, medium-, and micro-sized enterprises (SMMEs) constitute a vast majority of businesses in CameroonCameroon and are a vital source of its economic growth, dynamism, and flexibility. SMMEs as economic agents are not only built on their intrinsic qualities, but also rely on information from the business environment. This chapter assesses the impact of entrepreneurial characteristics on the performance of SMMEs. The data used for this study are ‘the General Census of Companies in Cameroon,’ conducted with 93,969 companies by the National Institute of Statistics (INS). The study uses multiple regressions to assess the direct effects of entrepreneurs’ characteristics on the performance of their SMMEs. A statistical analysis of the data reveals that men (60 %) are more entrepreneurially active than women and are mostly less than 50 years old (80 %). Econometric analyses show that characteristics such as gender, age, training, level of education, country of origin, and the share of capital of an entrepreneur significantly influence a SMME’s performance. Further, the social networking capacity of entrepreneurs facilitates economic action and allows them to expand the scope of their businesses by saving resources and leveraging exclusive resources and opportunities. These relationships help the entrepreneurs transform human and financial resources into profit. The level of education feeds into a persistent entrepreneurial logic, and vocational training received by Cameroonian entrepreneurs determines their career opportunities and the performance of their ventures.]

Published: Jul 13, 2016

Keywords: Entrepreneur; SMME; Performance; Entrepreneurial characteristics

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