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Predicting Investment Shock Waves: How technological innovations affect risk premiums

Major technological advances have the power to shake up the marketplace. As investment shocks, technological innovations do not affect all firms equally. Some firms benefit, while others lose market share. Because of these risks, investors demand a premium for investing in companies that appear unable to adapt to new technologies, argues Dimitris Papanikolaou, an assistant professor of finance at the Kellogg...

Motivation to become an entrepreneur: a study of Nigerian women’s decisions

Abstract Purpose – The paper aims to draw on rational choice theory (RCT) to explore factors underpinning the decision by female entrepreneurs in Nigeria to enter self-employment. Tags: Entrepreneur, study, primary data ...

The Africa competitiveness report 2011

The Africa competitiveness report 2011 comes out as the world emerges from the most significant financial and economic crisis in generations. While many advanced economies are still struggling to get their economies back on a solid footing, Africa has, for the most part, weathered the storm remarkably well. No tags for this post....

Emerging critical generic managerial competencies: A challenge to hospitality educators in Kenya

Abstract Purpose – The purpose of this paper is to identify emerging critical generic managerial competencies in the Kenyan hotel industry. Design/methodology/approach – A cross-sectional survey research design was used to gather primary data using self-administered questionnaires. The population was composed of hospitality managers from ten five-star hotels in Nairobi and Mombasa, Kenya. A sample of 160...

Social capital and earnings distribution among female micro-entrepreneurs in rural Nigeria

Abstract Purpose – The purpose of this paper is to examine the role that social capital plays in the determination and distribution of business earnings of female entrepreneurs in selected rural communities of Ogun State, Nigeria. Design/methodology/approach – The theoretical foundation of social capital and its relationship to informal finance was used in a modified Mincer’s model to examine the distribution...

Entrepreneurship training and poverty alleviation: Empowering the poor in the Eastern Free State of South Africa

Abstract Purpose – The purpose of this paper is to determine the major long-term role that hands-on entrepreneurship training could play in poverty alleviation and job creation in one of the poorest regions of South Africa – the Eastern Free State (EFS). This is done against a background of frequently occurring violent protests against the inadequacy of the government’s hand-out poverty alleviation...

Business strategies for achieving sustainable development in Africa: Introduction to the special issue

Abstract Purpose – In this editorial the Guest Editor attempts to link the idea of sustainable development in Africa to the different contributions that have been made by papers written on varied business disciplines. Design/methodology/approach – The papers in this special issue represent “best papers” that were selected during the 3rd International Business Conference (IBC) held in Zanzibar, Tanzania...