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PROPOSITIONS, HYPOTHESES, AND CONCLUSIONS
To function effectively in a global economy, the entrepreneurs of Southeast Asia and Subsaharan Africa will not be able to avoid the kinds of evolution that modern businesses around the world experience. They will move toward public listing of their stocks, greater specialization and capital mobility, modern management techniques.

Entrepreneurs and the State
Entrepreneurs require an "enabling state" to provide the policy framework, supportive services, and the public goods of a social and physical infrastructure. Government officials are more likely to support their entrepreneurs if they can identify private sector industrialization as being in their interest. Both Southeast Asia and Subsaharan Africa have had challenges in this area.
Networks and Global Linkages
An entrepreneur seeking to enter industry faces high transaction and learning costs. Networks are one way in which entrepreneurs reduce search costs while also lowering the risks of embarking on a new venture. Industrial districts, or clusters of contiguous and often related enterprises, are one way in which networks form. However, today, in an increasingly competitive world, networks need to be global.

LOCAL ENTREPRENEURSHIP AND GLOBAL LINKAGES: ENABLING CONDITIONS AND CONSTRAINTS
What do entrepreneurs need in order to invest successfully in manufacturing? At a basic level, particularly if they are traders thinking about moving their capital into a fixed investment, they need a political and economic environment with a certain degree of stability and predictability and some incentives, or at least the absence of strong disincentives for investment.
Capitalism and Entrepreneurship in Southeast Asia and Subsaharan Africa in Comparative Historical Perspective, 600 A.D. to 1970 or so
Southeast Asia and Subsaharan Africa differ sharply in the extent of time each has been exposed to the stimulus, learning and accumulation opportunities inherent in international trade networks.
Local Entrepreneurship in Southeast Asia and Subsaharan Africa: Networks and Linkages to the Global Economy
For much of the past decade, the world has applauded the striking development performance of Indonesia, Malaysia and Thailand. Despite the setbacks caused by the present financial crisis in Asia, the rapid structural transformation and improvement in the standard of living in these three countries remains a powerful testament to the benefits of a strategy emphasizing industrial exports. African countries have tended to remain commodity exporters, and while Africa has remained largely untouched by the "Asian flu", the continent also missed out on the benefits of engagement with the global market.

Other subsaharan africa Related Articles

Wall Street, “Africa is Investing’s Final Frontier”
I came across an interesting article in Canada’s Globe & Mail entitled, “Africa - Investing’s Final Frontier?“. The piece talks about how Africa has been overlooked, primarily due to the perceived risks associated with putting money into play in Africa. They quote extensively from Merrill Lynch chief investment strategist Richard Bernstein and his thoughts on what makes Africa a potential big hit in the coming years.
7 Lessons from Africa’s Successful Entrepreneurs?
So far The Benin Epilogue has attempted to tackle several different issues. Key among them have been: Building awareness about the entrepreneurs behind a few of Africa’s most thriving enterprises Helping to illustrate why foreign firms should do more foreign direct investment in Africa Attempting to showcase the diversity that exists in Africa’s business environment One of the topics which we have not touched on yet, here, is what can a entrepreneur in Africa do to find success?

2.4 Growth prospects for 2007 and the medium-term outlook: Economic Report on Africa 2007
Africa is expected to grow at a rate of 5.8 per cent in 2007, slightly higher than the rate recorded in 2006 (5.7 per cent) (figure 2.8). Positive growth rates are projected for all subregions led by North Africa (6.6 per cent), East Africa (6.0 per cent), Southern Africa (5.4 per cent), West Africa (4.9 per cent) and Central Africa (3.5 per cent).
Blogging Africa into the 21st Century
Discussion on Africa’s development is taking a new dimension. Bloggers have joined this debate and are employing new ways to initiate dialogue about Africa’s development round the world. The latest craze that seeks to use technology to push Africa into the 21st Century is the Carnival of Africa Enterprising. This is basically a traveling web magazine or blog that discusses business in Africa.
Capitalism and Entrepreneurship in Southeast Asia and Subsaharan Africa in Comparative Historical Perspective, 600 A.D. to 1970 or so
Southeast Asia and Subsaharan Africa differ sharply in the extent of time each has been exposed to the stimulus, learning and accumulation opportunities inherent in international trade networks.
Entrepreneurs and the State
Entrepreneurs require an "enabling state" to provide the policy framework, supportive services, and the public goods of a social and physical infrastructure. Government officials are more likely to support their entrepreneurs if they can identify private sector industrialization as being in their interest. Both Southeast Asia and Subsaharan Africa have had challenges in this area.
PROPOSITIONS, HYPOTHESES, AND CONCLUSIONS
To function effectively in a global economy, the entrepreneurs of Southeast Asia and Subsaharan Africa will not be able to avoid the kinds of evolution that modern businesses around the world experience. They will move toward public listing of their stocks, greater specialization and capital mobility, modern management techniques.

References
Local Entrepreneurship in Southeast Asia and Subsaharan Africa: Networks and Linkages to the Global Economy, By: Deborah Bräutigam, School of International Service, American University, Washington, DC
Outsourcing Business Processes to Africa
For those of you who have not known me long, you may not have known me long-but you do know that I am crazy about letting others know why they should be doing business in Africa. But people are imperfect, as I wholeheartedly admit that I am an example of human imperfection. It has occurred to me that sometimes in my zest for talking about Africa’s business environments, I may tend to speak in a very general sense. But maybe if you have been on the receiving end of such a conversation, and you have said to yourself-”what type of business in Africa?” or “Africa, I thought that people only go there to help the needy”.
Introduction - Abstract - Factors Impeding the Poverty Reduction Capacity of Micro-credit: Some Field Observations from Malawi and Ethiopia
Poverty reduction has been identified as the overarching long term goal for most of the development interventions in Africa, and more recently crystallised in the Millennium Development Goals and the New Partnership for Africa’s Development (NEPAD). In Africa, more than 40% of its 750 million people live below the internationally recognized poverty line of $1 a day, and the evidence is even more worrying for sub-saharan Africa.
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