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Meeting the 21st century challenges of doing business in Africa

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  • Amankwah-Amoah, Joseph
  • Egbetokun, Abiodun
  • Osabutey, Ellis L.C.

Abstract

This concluding piece to the special issue outlines how nations and firms can capitalise on their resources and capabilities towards meeting the 21st century challenges of doing business in Africa. The paper outlines key requirements, including human capital formation, technology transfer, frugal innovation and learning from other nations. We also examine the mechanisms through which technology can be harnessed to help facilitate economic development and enhance Africa's competitiveness.

Suggested Citation

  • Amankwah-Amoah, Joseph & Egbetokun, Abiodun & Osabutey, Ellis L.C., 2018. "Meeting the 21st century challenges of doing business in Africa," Technological Forecasting and Social Change, Elsevier, vol. 131(C), pages 336-338.
    • Handle: RePEc:eee:tefoso:v:131:y:2018:i:c:p:336-338
    DOI: 10.1016/j.techfore.2018.01.006
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    References listed on IDEAS

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    1. Amankwah-Amoah, Joseph, 2016. "The evolution of science, technology and innovation policies: A review of the Ghanaian experience," Technological Forecasting and Social Change, Elsevier, vol. 110(C), pages 134-142.
    2. Joseph Amankwah-Amoah & Yaw A. Debrah, 2014. "Air Afrique: the demise of a continental icon," Business History, Taylor & Francis Journals, vol. 56(4), pages 517-546, June.
    3. Amankwah-Amoah, Joseph, 2015. "Solar energy in sub-Saharan Africa: The challenges and opportunities of technological leapfrogging," MPRA Paper 88627, University Library of Munich, Germany.
    4. Amankwah-Amoah, Joseph, 2017. "Cultivating greater self-confidence in African management research," MPRA Paper 79751, University Library of Munich, Germany, revised 2017.
    5. Pfeiffer, Birte & Mulder, Peter, 2013. "Explaining the diffusion of renewable energy technology in developing countries," Energy Economics, Elsevier, vol. 40(C), pages 285-296.
    6. Lynn Mytelka, 2000. "Local Systems Of Innovation In A Globalized World Economy," Industry and Innovation, Taylor & Francis Journals, vol. 7(1), pages 15-32.
    7. Otuo Serebour Agyemang & Giulia Fantini & Abraham Ansong, 2016. "Unearthing the Integral Determinants of Foreign Ownership Prevalence of Companies in Africa: Role of Country-level Governance," Journal of African Business, Taylor & Francis Journals, vol. 17(2), pages 225-253, May.
    8. Danquah, Michael & Amankwah-Amoah, Joseph, 2017. "Assessing the relationships between human capital, innovation and technology adoption: Evidence from sub-Saharan Africa," Technological Forecasting and Social Change, Elsevier, vol. 122(C), pages 24-33.
    9. Moses Acquaah, 2007. "Managerial social capital, strategic orientation, and organizational performance in an emerging economy," Strategic Management Journal, Wiley Blackwell, vol. 28(12), pages 1235-1255, December.
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    Cited by:

    1. Alfonso Siano & Lukman Raimi & Maria Palazzo & Mirela Clementina Panait, 2020. "Mobile Banking: An Innovative Solution for Increasing Financial Inclusion in Sub-Saharan African Countries: Evidence from Nigeria," Sustainability, MDPI, vol. 12(23), pages 1-24, December.
    2. Amankwah-Amoah, Joseph & Lu, Yindfa, 2018. "Historical Evolution of Entrepreneurial Development in the Global South: The Case of Ghana, 1957-2010," MPRA Paper 88179, University Library of Munich, Germany.
    3. Dabić, Marina & Obradović, Tena & Vlačić, Božidar & Sahasranamam, Sreevas & Paul, Justin, 2022. "Frugal innovations: A multidisciplinary review & agenda for future research," Journal of Business Research, Elsevier, vol. 142(C), pages 914-929.
    4. Amankwah-Amoah, Joseph & Debrah, Yaw & Nuertey, Dorcas, 2018. "Institutional Legitimacy, Cross-Border Trade and Institutional Voids: Insights from the Cocoa Industry in Ghana," MPRA Paper 84393, University Library of Munich, Germany.
    5. Senyo, P.K. & Effah, John & Osabutey, Ellis L.C., 2021. "Digital platformisation as public sector transformation strategy: A case of Ghana's paperless port," Technological Forecasting and Social Change, Elsevier, vol. 162(C).

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