Study: Africa needs more large firms, not more entrepreneurs, for economic growth

Wednesday, July 2, 2025 - 08:56 in Mathematics & Economics

Many experts suggest using the entrepreneurial ecosystems (EE) approach to help grow Africa's economy, especially in poorer countries. EE looks at how things like roads, money, rules, and skilled people can come together to support business growth. But Africa already has more entrepreneurs than anywhere else—mostly people working for themselves because they have no other choice. This raises an important question: Is encouraging even more entrepreneurship really the best path for Africa's growth?

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