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Role of the Private Sector

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Building Entrepreneurial Ecosystems in Sub-Saharan Africa

Part of the book series: Palgrave Studies of Entrepreneurship in Africa ((PSEA))

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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.

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Authors and Affiliations

  1. Delaware State University, Dover, Delaware, USA

    Constant D. Beugré

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  1. Constant D. Beugré
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Beugré, C.D. (2017). Role of the Private Sector. In: Building Entrepreneurial Ecosystems in Sub-Saharan Africa. Palgrave Studies of Entrepreneurship in Africa. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-56894-6_6

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