Enabling the Entrepreneurial Ecosystem
The term ‘ecosystem’ in a business context was coined by Moore (1993) in an article where he argued that businesses do not evolve as isolated entities but develop through interaction with suppliers, financiers and customers. Stam (2015) proposed entrepreneurial ecosystems are “a set of interdependent actors and factors coordinated in such a way that they enable productive entrepreneurship”.
“Disruptive innovation is transforming Africa’s economic potential, creating new target markets and unprecedented consumer choice.” Pwc The World Economic Forum states: “Africa is no longer looking to the rest of the world for their answers. Instead, they are creating their own through disruptive and transformative technologies. And many of these have the potential to answer global challenges around big topics …
Palm oil processing for the small holder is a daunting task. Usually, the traditional practice involves using the feet to crush the sterilized fruits in an effort to rupture the oil bearing cells to maximise the oil recovery chances. The process is not only tedious but also compromises the hygiene. The drudgery has caused many farmers not to realise the …
“Disruptive innovation is transforming Africa’s economic potential, creating new target markets and unprecedented consumer choice. Capitalising on these potential opportunities demands a complete rethink of customer engagement and business development strategies”. Pwc Is your start up or company tapping into this huge and still largely untapped commercial potential. Are you doing any of these- 1.Driving efficiency in business and public …
This is a follow up to the article published on January 9th 2018. The Global Entrepreneurship Index (GEI) is a composite indicator of the health of the entrepreneurship ecosystem in a given country. The entrepreneurship ecosystem is the important factor here. I have written several pieces in this newspaper advocating for a vibrant entrepreneurship ecosystem in Sierra Leone. In order …