A Comparative Analysis of Start-UPS Within Eastern Africa Economic Block
Journal Title: Polish Journal of Management Studies - Year 2019, Vol 19, Issue 2
Abstract
Using World Bank “Doing Business” report for the period 2004-2018, the study examines similarities and dissimilarities within the East African Economic block based on four variables for start-ups. The study employed the Kreskas-Wallis non-parametric technique of data analysis for the study. Based on the findings, the number of procedures undertaken before starting a business and the recovery rates linked to the resolution of insolvency are statistically different in these economies. Still, there is no significant difference in the number of days required to open a business or cost (captured as a percentage of income per capita). The recovery rate for insolvency resolution has the highest ESS (91.4%). The findings are essential for policymakers charged with the formulation of standard rules and regulations geared towards governing start-ups and SMEs in the region.<br/><br/>
Authors and Affiliations
Edmund Mallinguh, Zoltán Zéman
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