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Business Failure in a Developing Town

Pendembu, Sierra Leone

Bibliographic Data

ID2498249
AuthorsBarry Isaac (0000-0001-9668-5806), Barry L Isaac (University of Cincinnati, corresponding author)
Year1971
Volume30
Issue3
Pages288-294
Publication date1971-09-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueHuman Organization (JOURNAL)
Journal identifiersISSN: 0018-7259 • E-ISSN: 1938-3517
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.17730/humo.30.3.v1p55p3712372088
OpenAlexW1969604014
LanguageEN
Citations received4
References cited1

Thirty-one business failures distributed among six types of enterprise (market woman, hawker, produce middleman, petty shopkeeper, large shopkeeper, and petrol station operator) were studied in the railroad town of Pendembu, Sierra Leone. The combined number of failures due to misuse of capital and overextension of credit equals those due to family obligations. This finding is contrary to previous studies linking entrepreneurial failure to the extended family system. It is concluded that managerial training could be as important a part of economic development as capital input

Archaeology · Business · Capital (architecture) · Developing country · Development economics · Economic growth · Economics · Geography · Sierra leone · Marketing · Migration, Ethnicity, and Economy

  • Commerce and Community

    Richard L Warms•African Studies Review•1994

  • Kinship, Friendship, and Business Failure among Market Sellers in Monrovia, Liberia, 1970

    Open Access•W Penn Handwerker•Africa•1973

  • Kinship and Wealth in a Maya Community

    John Woodward Thomas, John Thomas•Human Organization•1978

  • European, Lebanese, and African Traders in Pendembu, Sierra Leone

    Barry L Isaac•Human Organization•1974

  • The Effect of the Nigerian Extended Family on Entrepreneurial Activity

    E Wayne Nafziger•Economic Development and Cultural…•1969

Unique citing works4
Citations per year0,08
Citation span1973 - 1994 (22)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 4

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