The Challenges of Growing Small Businesses - International Labour ...
The Challenges of Growing Small Businesses - International Labour ...
The Challenges of Growing Small Businesses - International Labour ...
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Elements impacting on successful micro and small enterprise development<br />
Enterprise Support Sector<br />
(Government, NGO, Private Sector, Membership<br />
Organizations, donors, etc.)<br />
Socio/cultural Context for Enterprise<br />
(attitudes, aspiration, confidence and permission etc)<br />
Motivation &<br />
Determination<br />
S<br />
Idea with a<br />
Market<br />
H<br />
N<br />
Women<br />
P<br />
F<br />
Plan and Manage<br />
Abilities,<br />
skills and<br />
experience<br />
Resources<br />
Broader ‘Enabling Environment’<br />
(Regulations, policies, institutions and processes)<br />
<strong>The</strong> Economic / Market Environment<br />
(Opportunities and threats)<br />
Index:<br />
H – Human Assets<br />
N – Natural Assets<br />
S – Social Assets<br />
Source: Richardson and Howarth (2002a).<br />
P – Physical Assets<br />
F – Financial Assets<br />
<strong>The</strong> different topics <strong>of</strong> study, as given in the terms <strong>of</strong> reference, were discussed and<br />
considered in the light <strong>of</strong> the WED conceptual framework and grouped together as five levels <strong>of</strong><br />
analysis concerning: the women and their assets (micro); their enterprises (micro); the business<br />
support environment (meso); the “enabling environment” (meso); and the broader socio-economic<br />
context (macro) – see overleaf. Clearly, in considering such issues, the research will also be<br />
cognisant <strong>of</strong> vulnerability factors such as seasonality, trends etc., and how these influence and<br />
impact upon women’s entrepreneurship at each <strong>of</strong> these levels.<br />
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