A framework for growth of small and medium-size construction firms : a literature review
- Arthur-Aidoo, B.M., Aigbavboa, C.O., Thwala, Wellington Didibhuku
- Authors: Arthur-Aidoo, B.M. , Aigbavboa, C.O. , Thwala, Wellington Didibhuku
- Date: 2015
- Subjects: Construction firms , Framework , Growth
- Language: English
- Type: Conference proceedings
- Identifier: http://hdl.handle.net/10210/85381 , uj:19338 , Citation: Arthur-Aidoo, B.M., Aigbavboa, C.O. & Thwala, W.D. 2015. A framework for growth of small and medium-size construction firms : a literature review.
- Description: Abstract: Small and medium-sized firms (SMEs) are considered as the engine of growth in most economies due to their significant contribution in terms of employment and natural development. SMEs growth within an economy is, therefore, paramount. Growth of SMEs firms has been deliberated in literature as an expansion. This development is classified as either organic (internal expansion) or inorganic (expansion by integration). Literature has also stressed on the eased at which these construction SMEs enter the market environment and quickly exit due to peculiar challenges including growth. Therefore, this study seeks to establish a framework for SMEs in the construction industry in order to foster their growth. The study adopted the use of extensive use of literature. This was supported by informal semi-structured interviews which involved construction industry professionals as the papulation. The research focused on the determinants of growth and how thesefactors will be established The study concludes thatfor growth to be ascertained in afirm, there must be an integration of both the internal and external variables to influence growth.
- Full Text: false
- Authors: Arthur-Aidoo, B.M. , Aigbavboa, C.O. , Thwala, Wellington Didibhuku
- Date: 2015
- Subjects: Construction firms , Framework , Growth
- Language: English
- Type: Conference proceedings
- Identifier: http://hdl.handle.net/10210/85381 , uj:19338 , Citation: Arthur-Aidoo, B.M., Aigbavboa, C.O. & Thwala, W.D. 2015. A framework for growth of small and medium-size construction firms : a literature review.
- Description: Abstract: Small and medium-sized firms (SMEs) are considered as the engine of growth in most economies due to their significant contribution in terms of employment and natural development. SMEs growth within an economy is, therefore, paramount. Growth of SMEs firms has been deliberated in literature as an expansion. This development is classified as either organic (internal expansion) or inorganic (expansion by integration). Literature has also stressed on the eased at which these construction SMEs enter the market environment and quickly exit due to peculiar challenges including growth. Therefore, this study seeks to establish a framework for SMEs in the construction industry in order to foster their growth. The study adopted the use of extensive use of literature. This was supported by informal semi-structured interviews which involved construction industry professionals as the papulation. The research focused on the determinants of growth and how thesefactors will be established The study concludes thatfor growth to be ascertained in afirm, there must be an integration of both the internal and external variables to influence growth.
- Full Text: false
Challenges and opportunities of rural electrification with mini-grids : a mini review
- Bambokela, Jonathan Empompo, Belaid, M., Muzenda E.
- Authors: Bambokela, Jonathan Empompo , Belaid, M. , Muzenda E.
- Date: 2019
- Subjects: Energy , Framework , Mini-grid
- Language: English
- Type: Conference proceedings
- Identifier: http://hdl.handle.net/10210/403998 , uj:33872 , Citation: Bambokela, J.E., Belaid, M. & Muzenda E. 2019. Challenges and opportunities of rural electrification with mini-grids : a mini review.
- Description: Abstract: There are presently 600 million of people in Africa without access to electricity. To resolve this issue, 100 million of new connexions are needed. These new connexions require more investments in propice environments. However, most investors have reduced their risk appetite for Africa due to the absence of adequate regulatory and policy framework in the energy sector. Many utilities are no longer bankable and trustworthy like before. Stakeholders do not have sufficient financial resources to build or rehabilitate energy infrastructures. Statistics reveal that public institutions will need the support of the private sector in order to emerge. As such, Public and Private Partnerships (PPPs) leading to strategic investments seem essential for the deployment of the African energy sphere. Mini-grid systems are recommended as potential tools for local electrification that will lead to the economic boom of Sub-Saharan African (SSA) developing countries. The challenge is that a suitable business model for mini-grid is not yet identified and continue to be developed. For this reason, this paper aims at encouraging the development of a regulatory framework and replicable business model that will be used by other mini-grid developers to attract strategic investments to implement projects starting at the village level.
- Full Text:
- Authors: Bambokela, Jonathan Empompo , Belaid, M. , Muzenda E.
- Date: 2019
- Subjects: Energy , Framework , Mini-grid
- Language: English
- Type: Conference proceedings
- Identifier: http://hdl.handle.net/10210/403998 , uj:33872 , Citation: Bambokela, J.E., Belaid, M. & Muzenda E. 2019. Challenges and opportunities of rural electrification with mini-grids : a mini review.
- Description: Abstract: There are presently 600 million of people in Africa without access to electricity. To resolve this issue, 100 million of new connexions are needed. These new connexions require more investments in propice environments. However, most investors have reduced their risk appetite for Africa due to the absence of adequate regulatory and policy framework in the energy sector. Many utilities are no longer bankable and trustworthy like before. Stakeholders do not have sufficient financial resources to build or rehabilitate energy infrastructures. Statistics reveal that public institutions will need the support of the private sector in order to emerge. As such, Public and Private Partnerships (PPPs) leading to strategic investments seem essential for the deployment of the African energy sphere. Mini-grid systems are recommended as potential tools for local electrification that will lead to the economic boom of Sub-Saharan African (SSA) developing countries. The challenge is that a suitable business model for mini-grid is not yet identified and continue to be developed. For this reason, this paper aims at encouraging the development of a regulatory framework and replicable business model that will be used by other mini-grid developers to attract strategic investments to implement projects starting at the village level.
- Full Text:
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