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Article
Publication date: 19 September 2020

Joseph Ato Forson, Rosemary Afrakomah Opoku, Michael Owusu Appiah, Evans Kyeremeh, Ibrahim Anyass Ahmed, Ronald Addo-Quaye, Zhen Peng, Ernest Yeboah Acheampong, Bernard Bekuni Boawei Bingab, Emmanuel Bosomtwe and Akorkor Kehinde Awoonor

The significant impact of innovation in stimulating economic growth cannot be overemphasized, more importantly from policy perspective. For this reason, the relationship between…

Abstract

Purpose

The significant impact of innovation in stimulating economic growth cannot be overemphasized, more importantly from policy perspective. For this reason, the relationship between innovation and economic growth in developing economies such as the ones in Africa has remained topical. Yet, innovation as a concept is multi-dimensional and cannot be measured by just one single variable. With hindsight of the traditional measures of innovation in literature, we augment it with the number of scientific journals published in the region to enrich this discourse.

Design/methodology/approach

We focus on an approach that explores innovation policy qualitatively from various policy documents of selected countries in the region from three policy perspectives (i.e. institutional framework, financing and diffusion and interaction). We further investigate whether innovation as perceived differently is important for economic growth in 25 economies in sub-Saharan Africa over the period 1990–2016. Instrumental variable estimation of a threshold regression is used to capture the contributions of innovation as a multi-dimensional concept on economic growth, while dealing with endogeneity between the regressors and error term.

Findings

The results from both traditional panel regressions and IV panel threshold regressions show a positive relationship between innovation and economic growth, although the impact seems negligible. Institutional quality dampens innovation among low-regime economies, and the relation is persistent regardless of when the focus is on aggregate or decomposed institutional factors. The impact of innovation on economic growth in most regressions is robust to different dimensions of innovation. Yet, the coefficients of the innovation variables in the two regimes are quite dissimilar. While most countries in the region have offered financial support in the form of budgetary allocations to strengthen institutions, barriers to the design and implementation of innovation policies may be responsible for the sluggish contribution of innovation to the growth pattern of the region.

Originality/value

Segregating economies of Africa into two distinct regimes based on a threshold of investment in education as a share of GDP in order to understand the relationship between innovation and economic growth is quite novel. This lends credence to the fact that innovation as a multifaceted concept does not take place by chance – it is carefully planned. We have enriched the discourse of innovation and thus helped in deepening understanding on this contentious subject.

Details

Journal of Economic and Administrative Sciences, vol. 37 no. 3
Type: Research Article
ISSN: 1026-4116

Keywords

Article
Publication date: 3 December 2020

Theophilus Lamptey, De-Graft Owusu-Manu, Alex Acheampong, Michael Adesi and Frank Ato Ghansah

Despite the amount of considerable investigations on business models, much studies have not been undertaken in the construction industry emphasising the adoption of green business…

Abstract

Purpose

Despite the amount of considerable investigations on business models, much studies have not been undertaken in the construction industry emphasising the adoption of green business models to drive sustainable construction. Construction activities continue to increase the carbon footprint and eject contaminated materials into the ecological environment with dire consequences for economic and social sustainability. As a result of the adverse impacts of construction activities, it is necessary for construction firms to rethink their approach to the use of conventional business models. The purpose of this study is to explore a framework for the adoption of green business models to drive sustainability in the construction industry of Ghana.

Design/methodology/approach

This research is exploratory due to its focus on emerging economies in which there is a perceptible gap in the adoption of green business models. As a result of this, this paper is entrenched in the interpretivist philosophical stance, which led to the adoption of the qualitative approach. Semi-structured interviews were undertaken involving 13 senior managers of construction firms. A thematic analysis was used with the aid of qualitative data analysis computer software package to code the interview transcripts.

Findings

The results demonstrate the six definitions of green business models among the managers of construction firms. The study also shows the need for developing green business models to address the issues of circularity and sustainability goals to reduce carbon footprints in the construction industry. Similarly, the paper found various sources of information to drive the awareness, understanding and adoption of the components for green business models. These sources include international conferences and training workshops on green business models. Finally, the study presents a framework that integrates the building information modelling (BIM) and the Internet of things (IoT) into the components for green business models adoption in construction firms.

Research limitations/implications

There is a need to use the quantitative approach to undertake further empirical studies, as this paper focuses mostly on the qualitative approach to ascertain the nature of the relationship between green business model and the various components of the circular economy in the construction industry.

Originality/value

The study contributes to the existing knowledge on green business models by demonstrating six key pillars of green business models by the inclusion of digital technologies such as BIM and IoT, which hitherto this investigation have not been considered in the adoption of green business models in the construction industry. This study extends the existing knowledge on green business models, which has the potential to increase the awareness and understanding of practitioners and managers of construction firms.

Details

Smart and Sustainable Built Environment, vol. 10 no. 3
Type: Research Article
ISSN: 2046-6099

Keywords

Article
Publication date: 5 June 2017

Charles Blankson, Seth Ketron and Joseph Darmoe

The purpose of this paper is to investigate employment of positioning strategies in the retail bank sector of Sub-Saharan Africa, specifically using Ghana as the study context. In…

1093

Abstract

Purpose

The purpose of this paper is to investigate employment of positioning strategies in the retail bank sector of Sub-Saharan Africa, specifically using Ghana as the study context. In addition, it explores the applicability of western-based typology of positioning strategies in the Sub-Saharan African environment.

Design/methodology/approach

Six retail banks – three national and three foreign – are studied, each through an in-depth case study method: covert and participant observation techniques; and face-to-face interviews of chief executive officers, marketing managers, and bank branch managers provided data for the study.

Findings

The results show that the “service” positioning strategy is the most popular strategy employed by retail banks. “Value for money,” “attractiveness,” “brand name,” and “country of origin” positioning strategies are also dominant. “Top of the range” and “selectivity” strategies are minimally pursued by the sample of banks studied. The results reveal that both foreign and national retail banks employ multiple positioning strategies in the face of competition. However, foreign retail banks consistently employ a; large number of strategies relative to national retail banks. This paper supports the applicability of a western-derived set of positioning strategies in the Sub-Saharan African marketplace.

Research limitations/implications

This study closes a gap in the understanding of positioning, as well as filling the empirical gap in the application of positioning. In addition, it helps resolve a contextual gap of knowledge in Sub-Saharan Africa’s retail banking sector.

Originality/value

This study responds to Porter (1996), Clancy and Trout (2002), and Knox (2004) for continued empirical research in positioning in service industries and specifically in Sub-Saharan African economies (Coffie, 2014, 2016; Coffie and Owusu-Frimpong, 2014). Moreover, this research adds value to the banking and marketing literatures through a qualitative case study method, which is an important yet overlooked research method (Yin, 2009).

Details

International Journal of Bank Marketing, vol. 35 no. 4
Type: Research Article
ISSN: 0265-2323

Keywords

Article
Publication date: 25 October 2022

Benjamin Baah, Alex Acheampong, Dickson Osei-Asibey and Aba Essanowa Afful

Employee unsafe behaviours and failure to adhere to safety standards resulting from poor safety perception among employees contribute to the high rate of accidents in the…

Abstract

Purpose

Employee unsafe behaviours and failure to adhere to safety standards resulting from poor safety perception among employees contribute to the high rate of accidents in the construction industry. This study seeks to examine the role of respectable engagement in improving construction workers' safety perceptions in the Ghanaian Construction Industry.

Design/methodology/approach

The study adopted a quantitative research method where survey questionnaires were administered to respondents. Sixty-six construction workers who were actively involved in ongoing construction projects in Kumasi and Greater Accra regions of Ghana were selected through stratified purposive sampling. The analytical tools utilised in the data analysis include a one-sample t-test, descriptive statistics and mean score ranking.

Findings

The study identified five key drivers and strategies of respectable engagement from pertinent literature. The findings confirmed that all these drivers and strategies play a key role in improving workers' safety perception. The study further revealed that improving employees' safety perception will enhance and sustain their awareness of the organisation's commitment to health and safety. Employees will therefore portray positive safety behaviour by adhering to the safety standards of their organisation.

Practical implications

The findings of this study will contribute to construction site safety improvement by informing contractors, site supervisors and other stakeholders of their role and the need to improve their worker's safety perception.

Originality/value

This research is unique in that; it identifies the role of respectable engagement in improving construction workers' safety perception. This research creates awareness among management and site supervisors on the need to be present for their workers, affirm them, attend to their needs, understand and appreciate them, and communicate and listen to them.

Details

Smart and Sustainable Built Environment, vol. 12 no. 5
Type: Research Article
ISSN: 2046-6099

Keywords

Open Access
Article
Publication date: 18 October 2019

Nadeem Ali El-Adaileh and Scott Foster

The purpose of this paper is to present a systematic literature review to determine the factors that relate to successful business intelligence (BI) system implementation.

16375

Abstract

Purpose

The purpose of this paper is to present a systematic literature review to determine the factors that relate to successful business intelligence (BI) system implementation.

Design/methodology/approach

The study has a collection of literature that highlights potential references in relation to factors for system implementation in relation to BI. There is the employment of “content analysis”, given that the study purpose is the achievement of deep understanding of the variety of factors of implementation that other researchers have previously identified.

Findings

An initial investigation of 38 empirical studies on the implementation of BI led to ten factors being compiled. Difficulties in implementation were found to exist in relation to the operationalisation of large numbers of factors within organisations. The implementation factors were analysed and then sorted into a descending order based upon their frequency of occurrence.

Research limitations/implications

The research is limited to consider BI implementation factors. Moreover, literature is collected from selected databases and journals from 1998 to 2018.

Practical implications

Researchers of BI may, within the future, develop models for the measurement of the implementation level of BI within industries along with the sustaining of them. Moreover, work-based learning industries can benefit by adopting the results of this study for the effective implementation of BI. The implementation factors can be seen as key constructs upon which there may be the undertaking of more statistical analyses.

Originality/value

The original output from this research can help researchers’ in the future in enhancing identification of studies that are relevant for the review of literature for their research.

Details

Journal of Work-Applied Management, vol. 11 no. 2
Type: Research Article
ISSN: 2205-2062

Keywords

Book part
Publication date: 13 December 2018

Franklin Obeng-Odoom

Transnational corporation (TNC)-led oil investments have been widely encouraged as a mechanism for the development of the Global South. Even though the sector is characterized by…

Abstract

Transnational corporation (TNC)-led oil investments have been widely encouraged as a mechanism for the development of the Global South. Even though the sector is characterized by major accidents, oil-based developmentalist narratives claim that such accidents are merely isolated incidents that can be administratively addressed, redressed behaviorally through education of certain individuals, or corrected through individually targeted post-event legislation. Adapting Harvey Molotch’s (1970) political economy methodology of “accident research”, this paper argues that such “accidents” are, in fact, routine in the entire value chain of the oil system dominated by, among others, military-backed TNCs which increasingly collaborate with national and local oil companies similarly wedded to the ideology of growth. Based on this analysis, existing policy focus on improving technology, instituting and enforcing more environmental regulations, and the pursuit of economic nationalism in the form of withdrawing from globalization are ineffective. In such a red-hot system, built on rapidly spinning wheels of accumulation, the pursuit of slow growth characterized by breaking the chains of monopoly and oligopoly, putting commonly generated rent to common uses, and freeing labor from regulations that rob it of its produce has more potency to address the enigma of petroleum accidents in the global south.

Details

Environmental Impacts of Transnational Corporations in the Global South
Type: Book
ISBN: 978-1-78756-034-5

Keywords

Article
Publication date: 19 January 2021

Eric N. Okoyo, Muluken Gezahegn Wordofa, Jemal Y. Hassen and Moges Bezabih

This study is conducted to evaluate the impact of rural credit on farm household income and food security.

Abstract

Purpose

This study is conducted to evaluate the impact of rural credit on farm household income and food security.

Design/methodology/approach

A multistage random sampling procedure is implemented to select 180 (82 credit user and 98 non-credit user) households from Kurfa Chele district, eastern Ethiopia. The Propensity Score Matching technique is used to estimate the impact of credit utilization on the welfare indicators.

Findings

The results of the econometric model estimation show that participation in the rural credit program was positively influenced by a household's educational status, family size, voluntary saving and participation in training related to credit and saving. On the contrary, livestock holding and extension advice were found to negatively affect participation. Furthermore, participation in rural credit program is found to increase annual income by 59% and calorie intake by 21%. These are significant results implying that participation in the rural credit and saving program improved household welfare in the study area.

Originality/value

This study is important because it shows the welfare impact of making credit program available to potential users in the study area. Moreover, for effectiveness of the credit program it is necessary to target households with relatively larger family size and those with relatively better education (to induce change among the wider farming community). It is also essential to focus on the saving behavior of the program beneficiaries and enhancing the management system by ensuring that sufficient development agents are in place.

Details

Agricultural Finance Review, vol. 81 no. 4
Type: Research Article
ISSN: 0002-1466

Keywords

Article
Publication date: 9 December 2021

Paul Adjei Kwakwa, Vera Acheampong and Solomon Aboagye

Agricultural development still constitutes an integral part of Ghana's drive towards job creation, industrial development and economic growth with various growth policies placing…

Abstract

Purpose

Agricultural development still constitutes an integral part of Ghana's drive towards job creation, industrial development and economic growth with various growth policies placing the agricultural sector at the core. While there are likely environmental effects of agricultural activities, evidence in Ghana remains scanty. The study focused on examining, empirically, the effects of the development of the agricultural sector on carbon dioxide (CO2) emission in Ghana.

Design/methodology/approach

The paper employed the Stochastic impacts by regression on population, affluence and technology (STIRPAT) framework to test for the environmental Kuznets curve (EKC) hypothesis for agriculture and carbon dioxide emission as well as the effect that the changing structure of Ghana's agricultural development has on carbon dioxide emission for the 1971–2018 period. Regression analysis, variance decomposition and causality analysis were performed.

Findings

The regression results revealed a U-shaped relationship between agricultural development and carbon emission, implying a rejection of the EKC hypothesis between the two variables. In addition, the Structural Adjustment Programme was found to positively moderate the effect agriculture has on carbon emission.

Practical implications

The study recommends the need for policy-makers to facilitate the large-scale adoption and use of modern technology and environmentally friendly agricultural methods.

Originality/value

The study is among the few works to assess the EKC hypothesis between agriculture and carbon dioxide emission in Africa. The direct and indirect effect of structural adjustment programme on carbon emission is estimated.

Details

Management of Environmental Quality: An International Journal, vol. 33 no. 2
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 7 September 2020

De-Graft Owusu-Manu, Thomas Kankam Adjei, David Mensah Sackey, David John Edwards and Reza M. Hosseini

This paper is anchored in a premise of a universal call to action by all UN member states in 2015 to end poverty, protect the planet and ensure that all people enjoy peace and…

Abstract

Purpose

This paper is anchored in a premise of a universal call to action by all UN member states in 2015 to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030 within the blueprint of the sustainable development goals (SDGS). The purpose of this study is to mainstream the SDGs in Ghana’s energy sector within the framework of public–private partnerships (PPP): challenges, opportunities and strategies.

Design/methodology/approach

Literature review was carried out to explore concepts, theories and frameworks for initiating PPP. Best local and international practices in the implementation of PPP projects; challenges and opportunities in the implementation of PPP projects, strategies for mainstreaming the SDGs in Ghana’s energy sector and assess business action in the implementation of the SDGs in Ghana’s energy sector. The study is situated within the social constructionist philosophical tradition. The qualitative research strategy was adopted as the main methodological choice. Interview guides were used to collect data from respondents in the Accra metropolis.

Findings

Lack of a PPP policy law in Ghana, conflict of interest in PPP projects, excessive government control over projects, cumbersome licensing and legal regime and economic stability were the most significant challenges identified to PPPs. Technology transfer, efficiency gains and mobilization of additional resources for development on the government side where the opportunities for the private sector. Awareness creation, modeling inclusive business with corporate social responsibility (CSR) and SDGs, exploring business opportunities in SDGs such as carbon trading, aligning national policies with SDGs, establishing sustainability units and partnerships with relevant bodies were proposed for mainstreaming the SDGs in Ghana’s energy sector.

Research limitations/implications

It was established from this study that indeed PPPs have a major role to play in unleashing all available forces and prospects toward achieving the SDGs. This paper is constrained to the energy industry in Ghana. It provides a theory-based direction on how companies in the energy sector can contribute to social and economic interventions through a framework of PPP framework within the SGDs. Future research may explore how companies in other sectors may contribute to the sustainability discourse.

Practical implications

This will ultimately lead to additional funding to support government efforts in the implementation of SDGs, honing of sustainable (inclusive) business models, creating an enabling environment for PPPs toward inclusive growth and national development leaving no one behind. It recommended that there should be a national policy and law on PPPs and the private sector should be incentivized to engage government in PPPs implementation for the SDGs. Theoretically, this study contributes to the policy analysis discourse and scaling-up literature on the SDGs.

Originality/value

This study explores the challenges associated with mainstreaming the SGDs in the energy sector from a public–private business perspective. It also offers a new policy, economic and legal regulatory framework that contributes to emerging trends. The outcome of the analyzes advocates for clear business strategies for implementation of the SDG apart from CSR.

Details

Journal of Engineering, Design and Technology , vol. 19 no. 3
Type: Research Article
ISSN: 1726-0531

Keywords

Article
Publication date: 1 December 2017

Ishak Mohammed, Kh Md Nahiduzzaman and Adel Aldosary

The importance of housing in enhancing the quality of life has been widely reported. It represents one of the basic human needs, provides protection from harm and ensures…

Abstract

The importance of housing in enhancing the quality of life has been widely reported. It represents one of the basic human needs, provides protection from harm and ensures survival. Like many developing countries, different Ghanaian governments have variously pursued several programs and interventionsdirected at addressing the country's housing challenges including housing loan schemes in the colonial era to affordable housing projects in the 2000s. Notwithstanding, access to adequate housing for the low to middle-income groups still remains unresolved. This paper is an attempt to gain deeper insights into Ghana's housing situation, its challenges and the efforts made by governments during the periods before independence and after independence. The nature of the housing policies implemented during such eras is explored and the reasons for the implementation failures examined. In the end, the paper provides policy recommendations that could potentially help increase the supply of affordable urban housing in the country. The paper calls for a strong political will and pragmatic intelligence in the implementation of housing policies and programs in the country. Mechanisms to provide sufficienthousing finance for the poor to adequately participate in the housing market have also been outlined. It is concluded that the over-empowerment of the private real estate sector to be the major providers of housing may not be optimal. Rather, it would only lead to the inability of the poor to be able to actively participate in the housing market, consequently exacerbating housing poverty. Effective public-private partnership has the potential to guarantee the supply of reasonably-priced and affordable housing provision.

Details

Open House International, vol. 42 no. 4
Type: Research Article
ISSN: 0168-2601

Keywords

11 – 20 of 118