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Title: Role of external environmental factors in the failure of small enterprises in Angola
Authors: Justino, Mateus Vicente 
Tengeh, Robertson 
Keywords: Business environment;Small business failure;Failure factors;Success;Entrepreneurship and small businesses
Issue Date: 2016
Publisher: Business perspectives
Source: Mateus Vicente Justino and Robertson K. Tengeh (2016). Role of external environmental factors in the failure of small enterprises in Angola. Environmental Economics, 7(2). doi:10.21511/ee.07(2).2016.9
Abstract: The high failure rate of new small enterprises in Angola calls to attention the fact that they are not equipped enough to meet the challenges of sustainable economic growth, equitable distribution of wealth and job creation. The worrying impact on the Angolan landscape, as a consequence, has had economists scrambling for solutions in recent years. Moving from on the assumption that the current business climate has been a contributing factor, this paper attempts to examine the role of external environmental factors in the context of Angola. Adopting a quantitative approach, the questionnaire was utilized as the primary data collection tool with snowballing as the sampling technique. The Statistical Package for the Social Sciences (SPSS) software delivered a result to the quantitative data that indicate a severe lack of economic support and availability of fundamental business resources such as raw material, skilled people and finance, and rigid policy-making regulations. The doomed-to-fail death knell to the Angolan small business comes in the form of a high level of corruption and theft in the country.
Appears in Collections:BUS - Journal Articles (DHET subsidised)

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