• Underlying the International Business Direction, Assessing the Role of Government Intervention and Management in Africa facilitating SMEs’ Development

    分类: 管理学 >> 管理学其他学科 提交时间: 2022-11-25 合作期刊: 《Economics & Management Review》

    摘要: This paper aims to provide some insights for SMEs in the West African subregion to obtain human capitals and financing in terms of how government intervention and management facilitate SEMs development, especially to determine whether the determinants of SMEs obtaining financing and human capitals are the same and/or different comparing with other countries. By fully understanding these arguments better, we applied the Uppsala Model to demonstrate how a company needs and wants when they did internationalization as well as became bigger and bigger. Also, some potential theories will be discussed underlying the Uppsala model. According to our literature and framework reviews, we found that a good and positive government management and intervention can, directly and indirectly, influence SMEs development and financing in West African countries; we found significant differences in the relevance of companies that received financing at the national level. Alternatively, due to SMEs in Africa countries face numerous potential international issues such as human resources management, leadership approaches, financing management, and so on, we collected these potential issues and come up with some alternatives and implementations that SMEs may use now and in the future. Taken together, we found that government intervention and management definitely influence SMEs development in Africa. Alternatively, we make another argument regarding government intervention and managements influence SMEs financing as well as development within this paper; we later found evidence from our literature and framework reviews as well as case studies to support our argument. Therefore, the findings of this study have important implications for politics by government intervention and managements; managemental implications, possible suggestions, and potential limitations will also be discussed in this paper at the end.