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SME's - protectionism does it help?

SME's - protectionism does it help?

African governments, together with other developing nations, have a strong tendency to lean towards protectionism, and yet does it achieve anything? This is often perceived to be a form of xenophobia in the African context.

Entrepreneurs thrive in a market economy where the competitiveness of the market stimulates innovation and entrepreneurship. Clusters and countries become more competitive the more competition they have. Prof Michael Porter of Harvard is a strong proponent of competition.

While xenophobia is alive and very well in many parts of Africa, I believe it is first and foremost a poor misguided attempt, to try and and correct for a lack of entrepreneurial spirit which is not always at the economic forefront in developing countries.

I would simply love to see developing countries learning from other countries' experience and stop wasting valuable time and financial resources chasing a strategy that is most unlikely to succeed.

Rob Smorfitt





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About The Author


Dr. Rob Smorfitt
(Visit Dr. Rob's Website) Have an MBA and a PhD in entrepreneurship. Three key areas of ongoing research are entrepreneurship and innovation in large businesses, the impact of legislation on SMEs and SME finance. Run my own SME blog at http://sme-smb-smme.blogspot.com as well as an entrepreneurship and innovation for large businesses blog at http://innoveur.blogspot.com I have been self-employed since 1982. I have started or purchased in excess of 40 businesses since then. Most were sold again and a few were shut down because of a lack of profitability. Many were run by staff or family while I worked in full time employment in my bigger businesses. 6 books written in Entrepreneurship and Project Management educational field. Written articles for various magazines, newspapers and websites. Married with 3 children (22, 21 and 14).

Dr. Rob Smorfitt is a Platinum author on EvanCarmichael.com
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