Get premium membership and access questions with answers, video lessons as well as revision papers.

Discuss the evolution of Entrepreneurship in Kenya

      

Discuss the evolution of Entrepreneurship in Kenya

  

Answers


Wilfred
- Interest in the development of entrepreneurship and small enterprise in Kenya gained momentum as a possible remedy to the stagnation of economic development and the escalating unemployment problem between the early 1960 and 1970s
- Although there were attempts by the government to develop entrepreneurship, the main impetus came from the international labor organization (ILO) report.
- The report centered on the potential of the informal sector and suggested that the bulk of Kenya’s urban workers were self –employed in small enterprises.
- The report proposed that the development of this sector could;
i. Promote employment
ii. Facilitate development
iii. Facilitate equitable distribution of resources.
- Based on this report the government responded with a seasonal paper in 1973 – which recognized the role of entrepreneurship in employment creation not just in the informal sector but also in the formal sector.
- Subsequent development plans have devoted time to the development of strategies and to promote small-scale enterprises and entrepreneurs which include.
- The industrial estate programme
- Establishment of development agents e.g ICDC and KIE
- Policy and institutional framework to promote entrepreneurs.
- Promoting indigenous Kenyan enterprises.
Wilfykil answered the question on June 12, 2019 at 12:24


Next: What is the importance of grass on the Fish pond.
Previous: State the gestation period of the following livestock (i) Dromedary carmel (ii) Sow (iii) Doe

View More Entrepreneurship Education Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions