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Role of the Private Sector

  • Constant D. Beugré
Chapter
Part of the Palgrave Studies of Entrepreneurship in Africa book series (PSEA)

Abstract

This chapter emphasizes the role of the private sector in the development of entrepreneurial ecosystems in sub-Saharan Africa. The private sector is loosely defined and includes companies owned by locals, companies owned by foreigners, and subsidiaries of multinational corporations. The private sector can provide financial support to universities and to business incubators. It can also collaborate with universities on joint research programs that could lead to the development of new products or services. The private sector can also support startups by providing financial resources or becoming suppliers or clients.

Keywords

Crowdfunding Financial institutions Media Private sector Venture capital 

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© The Author(s) 2017

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 2.5 International License (http://creativecommons.org/licenses/by-nc/2.5/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Authors and Affiliations

  • Constant D. Beugré
    • 1
  1. 1.Delaware State UniversityDoverUSA

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