Role of Good Governance, and Education in the Development of Entrepreneurship in Ghana A Literature Review

In the 21st century, rapid changes are affecting all fields of endeavor, especially enterprises, because of high customer expectations, global competitive pressure, technological advancement, and globalization. Ghana's entrepreneurs have lack of financial management knowledge. Only 17 know about financial literature, and this is true for both educated and uneducated entrepreneurs. Ghana's micro, small, and medium enterprises MSMEs and SMEs experience difficulties because of a lack of integration into the mainstream economy. Unlike many other developing countries, Ghana's small business entrepreneurs are facing mounting challenges to grow. Ghana's international perspective is little known, and not much literature has explained what factors affect Ghana's entrepreneurs in expanding global markets. Studies showed that there is no increase in globalization and Multination Corporation MNC activity, perhaps because of the relative lack of entrepreneurship in low GDP countries like Ghana. Entrepreneurship focuses on how people use skills, innovation power, and risk taking behaviors to create new ventures. The scholarly articles reviewed issues relating to why Ghana's entrepreneurship growth has been hampered despite having entrepreneurship policies. Understanding the paradigm of entrepreneurship structure may help Ghana to shore up employment, reduce crime, and increase living standards. One needs to examine factors like lack of good governance and poor education system more closely to fill the gap represented by the non existence in the literature of a cogent explanation of how these factors may have cut Ghana off from entrepreneurship growth. Using quantitative survey data can help draw general conclusions from research findings. Dr. Hasan Ahmed "Role of Good Governance, and Education in the Development of Entrepreneurship in Ghana: A Literature Review" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-6 , December 2023, URL: https://www.ijtsrd.com/papers/ijtsrd61219.pdf Paper Url: https://www.ijtsrd.com/economics/market-economy/61219/role-of-good-governance-and-education-in-the-development-of-entrepreneurship-in-ghana-a-literature-review/dr-hasan-ahmed