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Tanzania as an Emerging Entrepreneurial Ecosystem: Prospects and Challenges

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African Entrepreneurship

Abstract

The examination of entrepreneurial ecosystems in a country can serve as a novel approach for appreciating the opportunities that may stimulate entrepreneurial activity and the challenges that impede economic prosperity. In this chapter, we provide an overview of the entrepreneurial ecosystem in Tanzania. We seek to better understand the success factors that contribute to the country’s entrepreneurial ecosystem, as well as, the challenges that prevent further growth. We show that Tanzania has developed a sound policy over time to support the entrepreneurial ecosystem. The main challenge, however, is to translate these policies into initiatives and practices that can be easily implemented. While this challenge is significant, we believe that addressing the public-private conversational milieu lies at the heart of the actual transformation. Practical recommendations and future research directions are discussed.

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Galperin, B.L., Melyoki, L.L. (2018). Tanzania as an Emerging Entrepreneurial Ecosystem: Prospects and Challenges. In: Dana, LP., Ratten, V., Honyenuga, B. (eds) African Entrepreneurship. Palgrave Studies of Entrepreneurship in Africa. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-73700-3_3

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