The influence of laws, regulations and policies on the development of micro-small and medium enterprises :the case of the coastal region of the Benguela Province, Angola

Abstract

The study was undertaken in the coastal area of the Benguela Province in Angola. The research question can be formulated as follows: How do laws, policies and regulations influence the development of MSMEs in the coastal area of the Benguela Province? The theory of transaction cost as developed by the new institutional economists will provide the framework for the study.