1. Special economic zones and entrepreneurship: A new path forward for SEZs in Africa?
- Author
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Frick, Susanne A. and Radouane, Imane
- Subjects
Economic development -- Case studies -- China -- Central African Republic -- Ethiopia ,Developing countries -- Case studies ,Entrepreneurship -- Surveys -- Case studies -- Training ,Businesspeople -- Surveys -- Case studies -- Training ,Social networks -- Case studies ,Business, international ,International relations ,Transportation industry ,World Bank Group. World Bank -- Tax policy -- Training - Abstract
In recent years, interest has been growing among policymakers in how to leverage special economic zone (SEZ) policies to support local entrepreneurship. With a few recent exceptions, the academic literature to date has been silent on the matter. This article aims to contribute to addressing this gap. First, it develops a conceptual framework linking SEZ policies and entrepreneurship development. Second, it explores the state of play of entrepreneurship promotion in SEZs in Africa using a survey of African SEZs and two case studies. We And significant appetite among African SEZs to promote local entrepreneurship; however, it is less clear how best to accomplish the task. Many of the policies, facilities and services offered are open to local entrepreneurs rather than being tailored specifically to their needs. The support required in some policy areas also seems to be more straightforward than in others. Adapting the SEZ offering to the needs of local entrepreneurs is one of the key challenges to increasing the effectiveness of the support. Keywords : special economic zones, entrepreneurship, developing countries, local economic development, knowledge spillovers, sourcing linkages JEL classification codes : L26, O31, O55, O25, R58, 1. Introduction Special economic zones (SEZs) are an ever-popular policy tool for promoting investment, generating employment and stimulating innovation. Policymakers put their hopes in them to overcome key developmental challenges [...]
- Published
- 2024