Entrepreneurship and economic growth in Africa: state of the art and perspectives of entrepreneurship in Gabon.

Authors
Publication date
2005
Publication type
Thesis
Summary "Following the failure of what can be described as a first generation growth model based on the export of raw materials and supported by external financing, the emergence of a true market economy is currently one of the plausible ways out of the financial crisis in African countries such as Gabon. But this search for economic efficiency in the liberal perspective obeys a certain number of laws. The market is the reference model. Competition allows the achievement of economic equilibrium, hence the liberal credo of "laissez-faire". To this end, the improvement of the economic environment is a prerequisite, i.e. the creation of a legal framework for accumulation allowing rational individuals to realize themselves through entrepreneurship, the criterion being the realization of profit. The role of the State appears to be decisive, especially in countries where essential needs are not satisfied. It must find new regulations requiring an evaluation, in order to bring about large-scale growth. ".
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