دراسات اقتصادية
Volume 20, Numéro 3, Pages 219-238
2026-10-28

Algerian Vs. Sub-saharan Smes: A Comparative Structural Proposal Model Of Strategic Adaptation And Firm Performance

Authors : Mustapha Henni . Tcham Kamel .

Abstract

Research on African SMEs frequently treats the continent as a homogeneous entity, overlooking the influence of diverse national systems on firm performance. Our paper challenges this perspective by providing a comparative analysis of Algeria and Sub-Saharan Africa, drawing from 84 studies. We uncover two distinct behavioral patterns. Sub-Saharan firms cope with weak institutions through fast moves and digital finance—our Constraint-Agility Equilibrium Model (CAEM). Algerian firms, however, live under a State-Insulated Rent Infusion (SIRI) system. The Dialectical Decoupling Matrix (DDM) is utilized as an analytical tool to examine the relationship between macro-environmental constraints and internal micro-absorptive capacities.

Keywords

 Algerian SME ;  Financial constraint ;  Institutional voids