The purpose of this paper is to examine the relationship between easy doing business (EBD) and cost of business start-up procedures (CBSP) and start-up procedures to register a business (SPRB) in Africa. The study also investigated the relationship between EBD and gross national income (GNI). Finally, the study examined the relationship between EBD and new business registered (NBR). Data related to 53 African countries for annual 2019 were collected on World Bank web site. Pearson, and Speaman correlation were performed.
Entrepreneurial activities increase where business environment is beneficial. Developing easy doing business is among factors that can stimulate business creation in Africa. Private sector contributes in development through the creation of jobs, tax payment, increasing exports, and revenue distribution via salaries, and wages. Thus, countries with many and profitable companies are likely to increase its development.
Inhaltsverzeichnis (Table of Contents)
- Abstract
- Table of content
- 1. Introduction
- 2. Literature Review
- 3.Methodology
- 4.Data Analysis
- 4.1. Descriptive Statistics
- 4.2. Correlation Analysis
- 5. Conclusion
- References
- Appendix: Countries analysed
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper examines the relationship between ease of doing business (EBD) and various factors impacting business start-ups in Africa, including the cost of business start-up procedures (CBSP), start-up procedures to register a business (SPRB), gross national income (GNI), and new business registered (NBR).
- The impact of EBD on business creation in Africa.
- The relationship between EBD and CBSP and SPRB in Africa.
- The relationship between EBD and GNI in Africa.
- The relationship between EBD and NBR in Africa.
- The role of easy business environment in stimulating new business creation in Africa.
Zusammenfassung der Kapitel (Chapter Summaries)
The introduction highlights the importance of entrepreneurship for economic development in Africa, noting the challenges posed by poverty, unemployment, and a complex business environment. The study aims to explore the relationship between ease of doing business and various factors affecting business start-ups in the continent.
The literature review delves into the existing research on entrepreneurship and easy doing business, emphasizing the need for further investigation into the specific context of Africa. It explores the impact of EBD on business creation and the various factors that contribute to the ease of doing business, including start-up procedures, cost, and regulatory frameworks.
Schlüsselwörter (Keywords)
The key focus areas of the paper are easy doing business, business registration procedures, cost of business start-up, gross national income, new business registration, and entrepreneurial activity. The study explores the relationship between these factors and their impact on business creation in the African context.
Frequently Asked Questions
What is the relationship between Easy Doing Business (EBD) and business start-up costs in Africa?
The study examines how a favorable business environment, measured by EBD scores, correlates with lower costs and fewer procedures for registering a new business.
How many African countries were analyzed in this study?
Data related to 53 African countries for the year 2019 were collected and analyzed using statistical correlations.
Does a higher Gross National Income (GNI) relate to the ease of doing business?
Yes, the research investigated the link between EBD and GNI, suggesting that countries with better business environments often see higher national income levels.
Why is business registration important for African development?
The private sector contributes to development through job creation, tax payments, increased exports, and revenue distribution via wages.
What factors stimulate business creation in Africa according to the paper?
Reducing the complexity of start-up procedures and lowering the associated costs are key factors in stimulating entrepreneurial activity.
What statistical methods were used in the analysis?
The study performed Pearson and Spearman correlation analyses to determine the relationships between the different economic variables.
- Quote paper
- Antoine Niyungeko (Author), 2020, Easy Doing Business, Cost and Procedures of Business Registering in Africa. Investigation of the Relationship, Munich, GRIN Verlag, https://www.grin.com/document/981515
