Difficulties of Employment Creation in Micro and Small Enterprises in Kenya PDF Download

Author: Jacob O. Omolo
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 44

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Author: Mary Jokorvic
Publisher:
ISBN: 9783656639015
Category :
Languages : en
Pages : 20

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Scholarly Research Paper from the year 2012 in the subject Economics - Micro-economics, grade: B, The University of Chicago, language: English, abstract: About 99% of all the enterprises in the world are small or medium enterprises characterized of start up firms at the infant stage or well established SMEs. SMEs are essential in all economies especially to the developing countries characterized by major unemployment and income distribution challenges. In Kenya, SMEs are essential to the economy for which they are considered the main drivers. There are about 7.5 million SMEs in Kenya providing employment and income generating opportunities to low income sectors of the economy. The official policy framework of SMEs in Kenya is contained in the Sessional Paper No 2 of 2005: Development of Micro and Small Enterprises for Wealth and Employment Creation for Poverty Reduction. The policy forms the basis for enacting the SME Act which institutionalizes SME policy in Kenya (Syekei & Opijah, 2012). The contribution of the SMEs sector to the Gross Domestic Product (GDP) in Kenya increased from 13.8 percent in 1993 to about 40 percent by 2008. The sector further provides approximately 80% of the total employment and contributes about 92% of the new jobs created within the economy. The sector serves as the bedrock for industrializing the country in the future (Capital Markets Authority, 2010). In the developing countries such as Kenya, with large informal or micro enterprise sectors, SMEs constitute the middle of the size range, hence their strategic importance. SMEs are considerably more complicated in terms of the organizational structure as opposed to microenterprises but less complicated as opposed to large corporations with layers of management and high division of labor among other characteristics. In terms of technology SMEs are intermediate between high labor intensive technologies and high capital intensive technologies providing SMEs with a special role in generatio

Author: Lois Stevenson
Publisher: International Labour Organization
ISBN: 9221168204
Category : Businesswomen
Languages : en
Pages : 78

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The African Development Bank's (AfDB) Addis Ababa Forum in June 2003 focused on the role of women entrepreneurs in private sector development, poverty reduction, and sustainable growth and development. It provided an opportunity for the AfDB and the International Labour Office (ILO) to join forces using their complementary expertise in support of women-owned businesses in Tanzania, Ethiopia and Zambia. This report is based on the country assessment for Kenya, where the ILO has been researching and supporting women's entrepreneurship. Examining such issues as the economic context, micro-finance.

Author: Tashi Tenzin
Publisher: GRIN Verlag
ISBN: 3668704422
Category : Business & Economics
Languages : en
Pages : 38

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Research Paper (postgraduate) from the year 2014 in the subject Leadership and Human Resources - Generation Y, Generation Z, Royal University of Bhutan (Royal Institute of Management, Thimphu), course: Post Graduate Diploma in Public Administration (PGDPA), language: English, abstract: The purpose of the study is to examine the role of MSMEs in solving unemployment problem and to find the unemployment trend. The unemployment problem is rising every year and especially youth unemployment is increasing at alarming rate. The study covers Thimphu area whereby a total of 351 samples were determined for the purpose of the study however the response rate was 82.05% with 288 responds qualifying for the analysis. Descriptive analysis was used and the findings reveal that most of the business owned by youth entrepreneurs employed more people though their initial investments were very low. The study also shows that most of the present business owners has plan of expanding their business in future which will create more jobs. From the studies, it shows that unemployment rate in Bhutan fluctuates and is mainly because of change in the supply and demand in the job markets. It also shows that despite high unemployment rate in the country, preferences for job among the youth remain same. They prefer to join civil servants followed by corporations, NGOs and self-employment or entrepreneurship as the last option. From this preferences of job and trend of high unemployment rate in the country, it can conclude that there is no refugee in the country nor can say that there is entrepreneurial effect as the entrepreneurship culture in the country is in the verge of developing, therefore entrepreneurial effect can only be tested after some years when the entrepreneurship culture in the country is fully developed.

Author: Daniyel Felzenshṭain
Publisher: Kit Pub
ISBN:
Category : Small business
Languages : en
Pages : 68

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The authors of this book argue that small-scale enterprises are not necessarily the marginal features of developing economies they are often thought to be. If micro-enterprises with 0-4 employees succeed in developing into small enterprises with 5-19 workers, they can form a dynamic sector with vital links to agriculture and other sectors of the economy. Taking this argument as a starting point for their research in the Nakuru and Kericho Districts in Kenya, the authors aim to explain why most micro-enterprises remain small. They convincingly demonstrate that small-scale enterprises face considerable constraints at all stages of their development. These constraints specifically operate against female-owned, rurally located and service-oriented businesses. Innovative policy interventions are needed to remove these constraints and enhance the sector's contribution to peoples' cash incomes and economic welfare. By providing detailed information on the features of small-scale enterprises and their problems during formation, operation and growth, this book lays the foundations for effective and tailor-made support.

Author: Jacob O. Omolo
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 60

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Author:
Publisher:
ISBN:
Category : Small business
Languages : en
Pages : 46

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Author: Kenneth R. Gray
Publisher: University Press of America
ISBN: 9780761801405
Category : Business & Economics
Languages : en
Pages : 190

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This timely and important work studies Kenya's small scale manufacturers. What makes the book unique is Gray's sub-sector approach, which focuses on the particular industries of tailoring, woodwork and metalwork. Gray investigates the development of these sub-sectors by taking a strategic management approach. Such an approach allows the author to assess enterprise competitiveness and profitability within industries. Readers will find that the information in this book serves as a well-needed supplement to the literature on the World Bank's July 1995 decision to focus more on micro-enterprise development. The book will appeal to many different audiences including development agencies concerned with the economic development community and the international academic community. Business and social science students who are interested in how work is organized in the family and the effects of modernization on traditional society will also benefit from reading this book.

Author: Gerhard Reinecke
Publisher: International Labour Organization
ISBN: 9789221137245
Category : Business & Economics
Languages : en
Pages : 226

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Many governments in developing countries are making efforts to support the development of micro- and small enterprises (MSEs), as they recognise their important role in employment creation and poverty reduction. However, millions of people who work in MSEs are paid low incomes, have little or no social protection and are exposed to dangerous working conditions. This paradox stems from a policy and regulatory environment that should help the development of MSEs and improve the quality of jobs provided by them, but in practice often establishes biases and stifles growth. Based on studies carried out in Chile, Guinea, Pakistan, Peru, South Africa, Tanzania and Vietnam, this book looks beyond MSE promotion initiatives to analyse the overall policy and regulatory environment. It examines the impact of national business laws and taxation, labour regulations, trade and finance policies; identifies common problems and presents major principles for reform. More than simply helping to create more jobs, this approach aims to help to create more jobs of better quality.

Author: Enyinna Chuta
Publisher: Amalion Publishing
ISBN: 235926026X
Category : Business & Economics
Languages : en
Pages : 215

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The increasing numbers of college and university graduates from Africa’s tertiary institutions and the declining prospects for jobs in the public and private sector have reinforced the importance of creating avenues for self-employment. But job creation exposes a serious gap in education policies, for basic skills in entrepreneurship are not taught in most tertiary curricula across the continent. This nineteen-chapter volume provides essential course text material for developing the field of entrepreneurship in tertiary institutions, thus addressing the issue of appropriate pedagogy critical for the emerging field of entrepreneurship development in higher education institutions in Africa. Drawing from Nigeria, West Africa and other parts of the developing world, the volume furnishes much needed empirical information to fashion out appropriate policies and projects within macroeconomic framework to nurture small and medium enterprises as a development tool.