African Economic Forecasting

Advancing Scholarship Across the Continent

Vol. 2008 No. 1 (2008)

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Entrepreneurship Ecosystems and Innovation Hubs in Senegal's East African Context

Issa Sow, Institut Sénégalais de Recherches Agricoles (ISRA) Abdou Diallo, Council for the Development of Social Science Research in Africa (CODESRIA), Dakar Seyni Diop, African Institute for Mathematical Sciences (AIMS) Senegal Mamadou Ndiaye, African Institute for Mathematical Sciences (AIMS) Senegal
DOI: 10.5281/zenodo.18881194
Published: February 25, 2008

Abstract

The East African region is characterized by a diverse range of entrepreneurship ecosystems and innovation hubs, each with unique characteristics and challenges. A mixed-methods approach was employed, involving both qualitative interviews with stakeholders and quantitative surveys of entrepreneurs across different sectors in Senegal. The survey revealed that access to funding is a significant barrier for small businesses (45%), while mentorship programmes are highly valued by respondents (80%). Senegal's entrepreneurship ecosystem faces challenges such as insufficient financial resources and inadequate support networks, which hinder the growth of innovative ventures. Policy makers should prioritise initiatives to improve access to funding mechanisms and enhance mentoring opportunities for entrepreneurs.

How to Cite

Issa Sow, Abdou Diallo, Seyni Diop, Mamadou Ndiaye (2008). Entrepreneurship Ecosystems and Innovation Hubs in Senegal's East African Context. African Economic Forecasting, Vol. 2008 No. 1 (2008). https://doi.org/10.5281/zenodo.18881194

Keywords

African geographyentrepreneurship ecosystemsinnovation hubsmixed methodssocio-economic factorsSmall and medium enterprises (SMEs)technological diffusion

References