Supply Chain Niche Market Responsive New Complementary Firm Creation and Its Impact on Early Stage Growth of New Firms. (Case Study Ethiopia: Benshangul- Gumuze Reginnal State Capital Town-Assosa)

Abstract

Ensuring local economic growth through new firm creation and innovation is the widely accepted trend that countries at different stages of development has adopted for creating jobs, increasing personal income and expansion of retail sale business firms. Here it is to mean that this study design has tried to explore the role of context specific general entrepreneurial framework conditions for new firm creation, innovation and local economic growth. To make it more apprehensible; this study has investigated the role of entrepreneurial expectation on new firm creation and its impact on early stage growth of new firms at the study area. Besides; it has also tried to explore the role of entrepreneurial motive for innovation and its impact on early stage growth of new firms at the study area. Likewise; it h also tried to describe the critical general problems behind entrepreneurial employee activity of small business firms. To do so, this study design has developed structured questionnaire for data collection of which owner/manager, entrepreneurial employees and regional experts are the main respondents of the survey program. Likewise, this study design has used the stratified sampling technique for identifying the type of respondents and so does the systematic random sampling for section of the respondents’ fro micro and small business firms. Thus; this study design has used the panel data principle so that 12 from new micro enterprise and 12from new small established business firms, of which 24 micro and small business firms have been incorporated as the target group during data collection program. Likewise; the GEM conceptual model which this study design has rely on has given a figure so that 36 regional exerts have been selected. In similar fashion; the researcher has used systematic random sampling technique for selection the type of respondents in sector organization. This study design has used Harvey Einstein’s development concept as the grounding theory and the possible hypothetical relationship among variables have been done and it has been design as the way/path by which the concept of this study design begins and finishes. Likewise; ajzen theory of planned behavior, push pull theory of motivational theory and early stage growth theory of Joseph Schumpeter has been used as the complementary theories for the basic conceptual elements of this study design. To put it on earth, this study design has used the GEM conceptual model as the truth so that the opinion of the data collection group have been measured and analyzed. Likewise, this study design has used the empirical data for examining the empirical role of entrepreneurship for local economic growth. This study design has used manWhitney test for two groups and so does kurskwal test for three groups so that analysis and discussion has been made possible .finally, the researcher has used the summary of finding so as to infer a conclusion in sense that the context based factors for success/failure and problems has been taped. However, the findings, conclusion and the respective recommendation made will be used for this study area. But, others can use the document as quick reference provided that similar entrepreneurial conditions would likely happen.