Innovations and firm performance in sub-Saharan Africa: Empirical analyses

Elvis Korku Avenyo

Research output: ThesisDoctoral ThesisExternal prepared

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Abstract

Recent decades have seen a rise in optimism with regards to the sustainable economic prospects of sub-Saharan Africa through innovation. This thesis primarily focuses on the empirical analyses of innovation activities of firms in sub-Saharan Africa, with specific emphasis on the innovation process, the market performance of new products and the labour market impact of new products. The novelty of the thesis comes from the duality perspective where we depart from mainstream views of development economics by considering innovations in both formal and informal firms. Our results suggest that firm product innovations offer unique opportunities to resolve key socio-economic challenges, such as employment creation and competitiveness, Africa faces today. These results are found to be valid irrespective of the registration status- formal and informal- of firms.
Original languageEnglish
Awarding Institution
  • Maastricht University
Supervisors/Advisors
  • Mohnen, Pierre, Supervisor
  • Konto, M., Advisor, External person
Award date24 May 2018
DOIs
Publication statusPublished - 2018

Keywords

  • innovation
  • firm performance
  • sub-Saharan Africa
  • empirical analysis
  • development economics

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