A country in sub-Saharan Africa, more precisely in Central Africa bordered by Congo, Chad, Gabon, Equatorial Guinea, Central African Republic, and Nigeria, with French and English as official languages.
Published in Chapter:
The Contribution of Islam to Entrepreneurial Activity in Cameroon
Joel Stephan Tagne (University of Dschang, Cameroon), Georges Kobou (University of Yaounde II, Cameroon), and Paul Ningaye (University of Dschang, Cameroon)
Copyright: © 2020
|Pages: 25
DOI: 10.4018/978-1-7998-1802-1.ch004
Abstract
The purpose of this study was to examine the effects of Islam on entrepreneurial initiative in Cameroon. In order to achieve this objective, the authors used data collected from 504 individuals in Douala and Yaoundé cities by the Laboratory for Research in Fundamental and Applied Economics (LAREFA) of the University of Dschang. Using the binary probit model and the bivariate probit model, the following results were obtained: 1) although not significant, the probability for a Muslim to start his own business decreases by 0.8% as compared to individuals of other religious denominations; 2) although not also significant, for an entrepreneur (or manager) to be a Muslim increases by about 8% his probability to become a well-established entrepreneur (or manager).