{"title":"南非中小微企业赠款支助方案的效率和竞争力","authors":"Timothy Olaniyi Aluko","doi":"10.3362/1755-1986.21-00041","DOIUrl":null,"url":null,"abstract":": The paper investigates the efficiency and competitiveness of a state grant support programme for small, medium, and micro enterprises (SMMEs) in South Africa. A balanced scorecard measurement framework through key performance indicators (KPIs) was applied using aggregate firm level datasets from 2012 and 2017. Empirical results show that the state grant support programme does not have a significant approval rate. Incomplete procedural requirements and overextended turnaround time between the approval and conversion processes contributed to the negative performance of the programme. This implies that the programme policy is overridden or partially set aside, contributing to inadequate allocation and inappropriate distribution of the programme funds to the targeted beneficiary. Further, the programme access choices are distorted, with qualifying beneficiaries prioritized against the targeted group. Funding programmes established for political reasons lead to programme distortion and inefficiency. Therefore, there was a trade-off between fiscal allocation, disbursement, performance, and efficiency.","PeriodicalId":39025,"journal":{"name":"Enterprise Development and Microfinance","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Efficiency and competitiveness of a South Africa grant support programme for small, medium, and micro-sized enterprises\",\"authors\":\"Timothy Olaniyi Aluko\",\"doi\":\"10.3362/1755-1986.21-00041\",\"DOIUrl\":null,\"url\":null,\"abstract\":\": The paper investigates the efficiency and competitiveness of a state grant support programme for small, medium, and micro enterprises (SMMEs) in South Africa. A balanced scorecard measurement framework through key performance indicators (KPIs) was applied using aggregate firm level datasets from 2012 and 2017. Empirical results show that the state grant support programme does not have a significant approval rate. Incomplete procedural requirements and overextended turnaround time between the approval and conversion processes contributed to the negative performance of the programme. This implies that the programme policy is overridden or partially set aside, contributing to inadequate allocation and inappropriate distribution of the programme funds to the targeted beneficiary. Further, the programme access choices are distorted, with qualifying beneficiaries prioritized against the targeted group. Funding programmes established for political reasons lead to programme distortion and inefficiency. Therefore, there was a trade-off between fiscal allocation, disbursement, performance, and efficiency.\",\"PeriodicalId\":39025,\"journal\":{\"name\":\"Enterprise Development and Microfinance\",\"volume\":\" \",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2022-06-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Enterprise Development and Microfinance\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.3362/1755-1986.21-00041\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q4\",\"JCRName\":\"Social Sciences\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Enterprise Development and Microfinance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3362/1755-1986.21-00041","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Social Sciences","Score":null,"Total":0}
Efficiency and competitiveness of a South Africa grant support programme for small, medium, and micro-sized enterprises
: The paper investigates the efficiency and competitiveness of a state grant support programme for small, medium, and micro enterprises (SMMEs) in South Africa. A balanced scorecard measurement framework through key performance indicators (KPIs) was applied using aggregate firm level datasets from 2012 and 2017. Empirical results show that the state grant support programme does not have a significant approval rate. Incomplete procedural requirements and overextended turnaround time between the approval and conversion processes contributed to the negative performance of the programme. This implies that the programme policy is overridden or partially set aside, contributing to inadequate allocation and inappropriate distribution of the programme funds to the targeted beneficiary. Further, the programme access choices are distorted, with qualifying beneficiaries prioritized against the targeted group. Funding programmes established for political reasons lead to programme distortion and inefficiency. Therefore, there was a trade-off between fiscal allocation, disbursement, performance, and efficiency.
期刊介绍：
EDM encourages critical thinking on how market systems can be more inclusive and sustainable, with concrete implications for designing, implementing, and evaluating business support programmes. EDM is essential reading for practitioners, researchers, donors, policymakers, and finance specialists engaged in market-related activities involving poor people in the global South. The coverage includes but is not restricted to: • Financial inclusion (inclusive financial services and products) • Emerging financing models (impact investment, responsible finance, social lending) • Value chain analysis and development • Inclusive business models • Equity (gender, youth, marginalized) in access to financial services and value chains • Political and regulatory framework for SME development and financial services • ICT for business development and financial services • Sustainability standards • Advisory services for SMEs • Impact assessment.
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