dc.contributor.author |
Wachira, Kevin |
|
dc.contributor.author |
Ngugi, Patrick |
|
dc.contributor.author |
Otieno, Romanus O. |
|
dc.date.accessioned |
2020-10-13T09:04:45Z |
|
dc.date.available |
2020-10-13T09:04:45Z |
|
dc.date.issued |
2017 |
|
dc.identifier.citation |
International Journal of Academic Research in Business and Social Sciences, Vol. 7, No. 1 |
en_US |
dc.identifier.issn |
2222-6990 |
|
dc.identifier.uri |
https://bit.ly/3kudLF7 |
|
dc.identifier.uri |
http://repository.seku.ac.ke/handle/123456789/6107 |
|
dc.description |
DOI: 10.6007/IJARBSS/v7-i1/2553 |
en_US |
dc.description.abstract |
The importance of entrepreneurship growth around the globe has been well recognized and
documented by many scholars. For instance, some scholars have reported that the potential
contribution of entrepreneurship growth to employment and income has been generally
recognized. Entrepreneurs are widely recognized as the prime movers of economic
development; the people who translate ideas into action. The government of Kenya has
initiated numerous programs and policies to support entrepreneurship growth in Kenya. For
instance, it has undertaken policy reviews that have led to reduction of the required licenses to
start and operate a business. It has initiated several monetary funds to assist entrepreneurs,
particularly youth and women, obtain financing for their enterprises i.e. the Youth Enterprise
Fund, Women Enterprise Fund and Uwezo Fund. Private sector players such as commercial
Banks, Non-Governmental Organizations (NGOs), Microfinance Institutions (MFIs) and Savings
and Credit Co-operatives Societies (SACCOs) among others have also come up with formal
financial support schemes for entrepreneurs. However the start- up failure rate is still very high
and the desired growth levels are yet to be achieved. Consequently some scholars and policy
makers have turned to business incubators and particularly university based business
incubators as a possible boost to entrepreneurship growth through nurturing start-ups. A major
area in the operation of an incubator is the selection criteria used to admit incubatees. This
study aimed to find out the role of selection criteria into university based business incubators
on entrepreneurship growth in Kenya. The six active university based business incubators in
Kenya were investigated with a specific focus on all the fifty nine graduated incubatees from
the said incubators. Census technique was used given that the total number of all graduated incubatees (59) could be adequately studied. The study used a semi structured questionnaire as
the main tool of data collection. A combination of tools was used to analyze the data because
whereas some aspects of the study were qualitative others were of a quantitative nature.
Quantitative data was analyzed using Statistical Package for Social Sciences (SPSS) Version 21
software through descriptive statistics; measures of central tendency (mean and mode),
measures of dispersion (standard deviation and variance) and inferential statistics. Thematic
analysis was used for qualitative data. The study found out that the kind of selection criteria
used by a university based business incubator has a significance impact (79.6%) on
entrepreneurship growth. The study recommends among others, that the government through
the Ministry of Education, and management of individual universities set up more university
based business incubators given the positive potential effect they have on entrepreneurship
growth. University based business incubators should continuously enrich their selection criteria
in order to attract and incubate only the very potential incubatees. Further studies could be
conducted on the role of selection criteria into other kinds business incubators – those not
based in universities- on entrepreneurship growth. |
en_US |
dc.language.iso |
en |
en_US |
dc.publisher |
Human Resource Management Academic Research Society |
en_US |
dc.subject |
Business Incubation |
en_US |
dc.subject |
Incubatee selection criteria |
en_US |
dc.subject |
University Based Business Incubators |
en_US |
dc.title |
Incubatee selection criteria and its role on entrepreneurship growth: a survey of university based business incubators in Kenya |
en_US |
dc.type |
Article |
en_US |