Educational qualifications of entrepreneurs and performance in small and medi...ResearchWap
ABSTRACT
The study examined the effect of educational qualifications on entrepreneurs and performance of small and medium scale enterprises in Mainland Local Government Area of Lagos State, Nigeria. In this study, relevant and extensive literatures were reviewed under sub-headings. The descriptive research survey was used in the assessment of the opinions of the selected respondents with the adoption of the questionnaire and the sampling technique. A total of 100 (One Hundred) respondents were selected and used as samples for this study, the respondents were made up of (50 males and 50 females). A total of four null hypotheses were generated and used in this study using both the percentage frequency counts and the t-test statistical tools at 0.05 level of significance. At the end of the data analyses, the following results were generated: hypothesis one found that there is a significant effect of educational qualifications and performance of entrepreneurs in small and medium enterprises in Lagos State Nigeria, hypothesis two showed that there is a significant gender difference in the management of small and medium scale enterprises due to educational qualifications of the entrepreneurs in Lagos State while hypothesis three indicated that the effective management of small and medium scale enterprises significantly depend on the educational qualifications of the entrepreneurs in Lagos State, Nigeria and finally, hypothesis four revealed that there is a significant gender difference in the successful management of small and medium scale enterprises in Lagos State, Nigeria
Impediments and Inducements to Youth Entrepreneurship Development in Sylhet R...IOSRJBM
The purpose of this paper is to explore and identify the key impediments and constraints that obstruct young people from starting and running a new venture and at the same time, inducements and stimuli that trigger youths to entrepreneurial activities. Data were collected from 80 young entrepreneurs of Sylhet, Bangladesh through a questionnaire gleaned from the literature review following a convenience and purposive sampling technique. Findings revealed, insufficient personal savings, high interest rate, and negative attitude of financial institutions to young entrepreneurs due to high default rate are the major impediments to obtaining start-up fund, being their own boss and earning more money are the prime inducements to engage in business. Parents and teachers influenced most to start business while financial risk reported as the most critical demotivator. Managing fund and fierce competition are main problems in running the business successfully. Lack of vocational education and training and inappropriate and inadequate curriculum and study programs are the key educational constraints, unsupportive tax regulations, complex business registration procedure are the leading administrative and regulatory barriers, dearth of information on available business support services and lack of training and business counseling are the major impediments of business support services. The implications of the study bear far-reaching ramifications to the concerned stakeholders for facilitating and encouraging youth entrepreneurship development by addressing the start-up constraints and problems
Contribution of Skill Development Program on Self-Employment in Nyamagana Dis...AI Publications
This study aimed to investigate the contribution of skill development to self-employment. The study specifically aimed to identify skills development programs required for self-employment among youth. To identify the roles of stakeholders in contributing to skills development programs on self-employment among youth and to examine factors hindering the contribution of skills development programs towards self-employment among youth. Based on the findings through questionnaires and interviews it can be concluded that skills development programs are very important for youth selfemployment in society. That skills development contributes highly to the youth in the determination of entrepreneurship opportunities; it then gives youth time to learn about the management of their enterprises as well as creating a link between one economic sector to another. However, it was established that there are challenges facing skills development programs among youth, which need to be mitigated properly to obtain positive, results about the improvement of youth selfemployment.
Fifty years ago, when the Pakistani military carried out a massacre against the people of East
Bangle, the freedom-loving people stood up and fought back
Influence of budgetary allocation on performance of youth group project in th...oircjournals
The need to empower youth for a better tomorrow is connected both, to the financial elevation as well as increment of the standard of living. Therefore, the study sought to establish the influence of budgetary allocation on performance of youth group project in the county government of Uasin Gishu. The study was guided by budget theory. The study employed the use of survey design in order to accomplish the research objectives. The accessible population for the study was 375 representatives of different youth groups and 65 officials of devolved fund initiative in Uasin Gishu County. Sample size was computed using the Fishers formula. Proportionate sampling was applied to select respondents. The researcher employed the use of questionnaire and interview schedule to collect data from participants. This study used descriptive statistics and inferential statistics. Descriptive statistics were done using frequency percentages, means and standard deviation of each variable. The coefficient of variation were used where data were skewed. Correlation and regression were used to show the relationship between the dependent variable and the whole group of independent variables. The results of the study were presented using Tables and figures. The study found that budgetary allocation has a positive and a significant influence on performance of youth group project in the county government of Uasin Gishu (β1=0.154, p<0.05). The study concluded that the amount disbursed to youths is equally distributed and done in time. Funds disbursements are based on projects types and the youth can compete competitively by accessing enough amount of money to finance their businesses. The study recommends that the training programs on entrepreneurship should be enhanced and be made compulsory before the group is funded. This will ensure that the youth will be able to make the right decision on investments as well as on proper accounting of their financial resources.
Educational qualifications of entrepreneurs and performance in small and medi...ResearchWap
ABSTRACT
The study examined the effect of educational qualifications on entrepreneurs and performance of small and medium scale enterprises in Mainland Local Government Area of Lagos State, Nigeria. In this study, relevant and extensive literatures were reviewed under sub-headings. The descriptive research survey was used in the assessment of the opinions of the selected respondents with the adoption of the questionnaire and the sampling technique. A total of 100 (One Hundred) respondents were selected and used as samples for this study, the respondents were made up of (50 males and 50 females). A total of four null hypotheses were generated and used in this study using both the percentage frequency counts and the t-test statistical tools at 0.05 level of significance. At the end of the data analyses, the following results were generated: hypothesis one found that there is a significant effect of educational qualifications and performance of entrepreneurs in small and medium enterprises in Lagos State Nigeria, hypothesis two showed that there is a significant gender difference in the management of small and medium scale enterprises due to educational qualifications of the entrepreneurs in Lagos State while hypothesis three indicated that the effective management of small and medium scale enterprises significantly depend on the educational qualifications of the entrepreneurs in Lagos State, Nigeria and finally, hypothesis four revealed that there is a significant gender difference in the successful management of small and medium scale enterprises in Lagos State, Nigeria
Impediments and Inducements to Youth Entrepreneurship Development in Sylhet R...IOSRJBM
The purpose of this paper is to explore and identify the key impediments and constraints that obstruct young people from starting and running a new venture and at the same time, inducements and stimuli that trigger youths to entrepreneurial activities. Data were collected from 80 young entrepreneurs of Sylhet, Bangladesh through a questionnaire gleaned from the literature review following a convenience and purposive sampling technique. Findings revealed, insufficient personal savings, high interest rate, and negative attitude of financial institutions to young entrepreneurs due to high default rate are the major impediments to obtaining start-up fund, being their own boss and earning more money are the prime inducements to engage in business. Parents and teachers influenced most to start business while financial risk reported as the most critical demotivator. Managing fund and fierce competition are main problems in running the business successfully. Lack of vocational education and training and inappropriate and inadequate curriculum and study programs are the key educational constraints, unsupportive tax regulations, complex business registration procedure are the leading administrative and regulatory barriers, dearth of information on available business support services and lack of training and business counseling are the major impediments of business support services. The implications of the study bear far-reaching ramifications to the concerned stakeholders for facilitating and encouraging youth entrepreneurship development by addressing the start-up constraints and problems
Contribution of Skill Development Program on Self-Employment in Nyamagana Dis...AI Publications
This study aimed to investigate the contribution of skill development to self-employment. The study specifically aimed to identify skills development programs required for self-employment among youth. To identify the roles of stakeholders in contributing to skills development programs on self-employment among youth and to examine factors hindering the contribution of skills development programs towards self-employment among youth. Based on the findings through questionnaires and interviews it can be concluded that skills development programs are very important for youth selfemployment in society. That skills development contributes highly to the youth in the determination of entrepreneurship opportunities; it then gives youth time to learn about the management of their enterprises as well as creating a link between one economic sector to another. However, it was established that there are challenges facing skills development programs among youth, which need to be mitigated properly to obtain positive, results about the improvement of youth selfemployment.
Fifty years ago, when the Pakistani military carried out a massacre against the people of East
Bangle, the freedom-loving people stood up and fought back
Influence of budgetary allocation on performance of youth group project in th...oircjournals
The need to empower youth for a better tomorrow is connected both, to the financial elevation as well as increment of the standard of living. Therefore, the study sought to establish the influence of budgetary allocation on performance of youth group project in the county government of Uasin Gishu. The study was guided by budget theory. The study employed the use of survey design in order to accomplish the research objectives. The accessible population for the study was 375 representatives of different youth groups and 65 officials of devolved fund initiative in Uasin Gishu County. Sample size was computed using the Fishers formula. Proportionate sampling was applied to select respondents. The researcher employed the use of questionnaire and interview schedule to collect data from participants. This study used descriptive statistics and inferential statistics. Descriptive statistics were done using frequency percentages, means and standard deviation of each variable. The coefficient of variation were used where data were skewed. Correlation and regression were used to show the relationship between the dependent variable and the whole group of independent variables. The results of the study were presented using Tables and figures. The study found that budgetary allocation has a positive and a significant influence on performance of youth group project in the county government of Uasin Gishu (β1=0.154, p<0.05). The study concluded that the amount disbursed to youths is equally distributed and done in time. Funds disbursements are based on projects types and the youth can compete competitively by accessing enough amount of money to finance their businesses. The study recommends that the training programs on entrepreneurship should be enhanced and be made compulsory before the group is funded. This will ensure that the youth will be able to make the right decision on investments as well as on proper accounting of their financial resources.
The current economic recession in Nigeria today tells the whole story; Nigeria is faced with lots of challenges ranging from high rate of poverty, youth and graduate unemployment, over dependence on foreign goods and technology, insecurity, low economic growth and development, poor infrastructural development among others (Ekwesike, 2012)
Youth Unemployment in India - Present ScenarioArul Edison
Young Indians face major barriers because of poverty and low levels of human capital. Though educational attainment has risen quickly in recent years, gaining a foothold in the labour market remains elusive for many young Indians. In rural and urban areas, young males are usually employed in casual jobs, while their female counterparts tend to be self-employed. Although a large proportion of young rural women are employed in agriculture, rural males are increasingly turning to the non-farm sector. In comparison, young urban males are largely working in the services sector. This paper highlights youth unemployment in India - present scenario.
The Role of Governments as Relationship Mediation Between Social Capital and ...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
A Unique Training Methodology of RUDSETIs in Promoting Self Employment among ...iosrjce
Training programs with emphasis on practical learning, targeted at the unemployed youth, who
make a proactive beginning to learn the chosen-skill, play a crucial role in their skills and economic
development. Such skill (technical) trainings, offered as a capsule, along with and adequate focus on
motivational, managerial and financial literacy inputs bring the desired change in the unemployed youth which
reflects in their taking up self-employment ventures for their own economic prosperity and their respective areas
as well. The very fact was proved beyond doubt by the establishment and spread of Rural Development and Self
Employment Training Institutes (RUDSETIs) in 1982 and thereafter in select locations across the country. The
success of the model culminated in replication of it with the name Rural Self Employment Training Institutes
(RSETIs) across India at the behest of Government of India with the support of respective State Governments.
This vividly tells that the qualitative short-term crash training courses (Entrepreneurship Development
Programs-EDPs) of these RUDSETIs, ranging from one week to six weeks’ duration, offered under a congenial
learning ambience leads to rich value-addition among the unemployed youth which results in their going back
to their respective areas after the training with high self-confidence and starting small business enterprises
either on their own or with some bank finance. While the paper examines, in general, the role being played by
the RUDSETIs with their unique training methodology in promoting self-employment among the unemployed
youth, it does so, in particular, to understand in detail the activities of one of its units located at Vetapalem (now
shifted to Ongole) in Prakasam District of Andhra Pradesh, India.
Role of Women Development Fund on Growth of Women Owned BusinessesAI Publications
The study intended to assess the role of Women Development Fund (WDF) on growth of women owned business in Tanzania. The study specifically assessed business activities of women funded through the WDF, WDF challenges, and examined the procedures used by women owning Business to access WDF. The study adopted a case study design, collected primary and secondary data through questionnaire, interviews and document review. SPSS v.20 was used for data analysis, where both the descriptive and inferential statistics methods were used to present the findings. Spearman correlation analysis was used to measure significance variables relationships between the dependent and independent across the women development fund if any. The study revealed a number of findings including that a large number of women are obstructed by social, family, and work challenges due to traditional values which limit their business growth and mobility. There were reported existence of unwarranted bureaucracy, inadequate understanding of the WDF policy difficulties in getting trustworthy members to join their groups, trust worthless of some beneficiaries to ensure monies land into safe hands. The WDF application processes are reported to be obscure, with several criticisms by many beneficiaries such failure to disburse the loans on time and at the applied amount to some groups, it has however not affected their business growth negatively. The identified success in WDF reported to be business expansion, growth and acquired ability to source abroad markets of their businesses, job creation, improved the individual life standards, increased their ability to pay for family necessities and construct their homes.
Review of Historical and Temporary Challenges Facing Small and Medium Enterpr...ijtsrd
This paper aims at shedding the light on the obstacles and challenges that hamper the performance and contribution of small and medium enterprises in Yemen and their contribution to the economic development. It is based on an in depth review of international organizations reports about Yemen and the development of the business sector, reports on the performance of small enterprises and business environment during the current condition. The challenges that face small businesses in Yemen are serious and they need years if not decades to be contained from hampering the business performance and the contribution to GDP. These challenges are grouped into two sets, the first set is concerned about the historical challenges that had been facing SMEs for long time, and the other set is concerned about the emerging challenges that came to affect the small business sector in recent year with the emergence of the violent conflict and political instability Mugaahed Abdu Kaid Saleh | Dr. Manjunath K. R. "Review of Historical and Temporary Challenges Facing Small and Medium Enterprises in Yemen" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-3 , April 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30686.pdf Paper Url :https://www.ijtsrd.com/management/business-environment/30686/review-of-historical-and-temporary-challenges-facing-small-and-medium-enterprises-in-yemen/mugaahed-abdu-kaid-saleh
The Impact of Foreign Labour on the Unskilled Labour Demand in MalaysiaDrBiz Arikrishnan
www.qaasoo.com
In order to stay compete in the market and globalization pressure; firms tend to combine the best input to produce goods and services in an efficient and effective manner. There are three major input combinations that will boost production in Malaysia, which are labour inputs, capital inputs, and total factor productivity.
Bangladesh has enormous young women and productive workforce that will get an opportunity to involve in Small
and Medium Enterprises (SMEs) sector. This paper aims to investigate the factors that affect women involvement as
entrepreneur in SMEs sector, economic development and its impact on poverty reduction in Bangladesh. The study
adopts the quantitative analysis of possible factors that may affect women involvement as entrepreneur in SMEs
sector, economic development and its impact on poverty reduction. By using Convenient Sampling Technique, the
data has been collected from 300 respondents. Data are analyzed using frequency, mean, standard deviation and
regression analysis. From the outcomes of descriptive statistics analysis, the study is found that business experience,
business plan, practical knowledge, security, interest & hobby, others business house profits, adequate capital,
business registration procedures, qualified leaders & trainers, and bank & financial institutions support are affected
women involvement as entrepreneur in SMEs sector. From the results of regression analysis, this research is found
that economical, psychological, knowledge & skills, family, and legal & administrative as the essential factors,
which significantly affect women involvement as entrepreneur in SMEs sector in Bangladesh. The research is
revealed that women entrepreneur, long-term business success and employment creation as the vital factors, which
notably affect economic development. The study is also revealed that economic development as the critical factor,
which considerably affects poverty reduction. This examination may contribute to these women entrepreneur issues.
The results of this investigation can be applied by government and non-government organization, public institutions,
rural development academy, policymakers and even researchers to inspire women involvement as entrepreneur in
SMEs sector. The researchers strongly expect that this investigation creates value to the literature because it uses a
conceptual framework to give explanation the factors that affect women involvement as entrepreneur in SMEs
sector, economic development and its impact on poverty reduction in Bangladesh.
The current economic recession in Nigeria today tells the whole story; Nigeria is faced with lots of challenges ranging from high rate of poverty, youth and graduate unemployment, over dependence on foreign goods and technology, insecurity, low economic growth and development, poor infrastructural development among others (Ekwesike, 2012)
Youth Unemployment in India - Present ScenarioArul Edison
Young Indians face major barriers because of poverty and low levels of human capital. Though educational attainment has risen quickly in recent years, gaining a foothold in the labour market remains elusive for many young Indians. In rural and urban areas, young males are usually employed in casual jobs, while their female counterparts tend to be self-employed. Although a large proportion of young rural women are employed in agriculture, rural males are increasingly turning to the non-farm sector. In comparison, young urban males are largely working in the services sector. This paper highlights youth unemployment in India - present scenario.
The Role of Governments as Relationship Mediation Between Social Capital and ...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
A Unique Training Methodology of RUDSETIs in Promoting Self Employment among ...iosrjce
Training programs with emphasis on practical learning, targeted at the unemployed youth, who
make a proactive beginning to learn the chosen-skill, play a crucial role in their skills and economic
development. Such skill (technical) trainings, offered as a capsule, along with and adequate focus on
motivational, managerial and financial literacy inputs bring the desired change in the unemployed youth which
reflects in their taking up self-employment ventures for their own economic prosperity and their respective areas
as well. The very fact was proved beyond doubt by the establishment and spread of Rural Development and Self
Employment Training Institutes (RUDSETIs) in 1982 and thereafter in select locations across the country. The
success of the model culminated in replication of it with the name Rural Self Employment Training Institutes
(RSETIs) across India at the behest of Government of India with the support of respective State Governments.
This vividly tells that the qualitative short-term crash training courses (Entrepreneurship Development
Programs-EDPs) of these RUDSETIs, ranging from one week to six weeks’ duration, offered under a congenial
learning ambience leads to rich value-addition among the unemployed youth which results in their going back
to their respective areas after the training with high self-confidence and starting small business enterprises
either on their own or with some bank finance. While the paper examines, in general, the role being played by
the RUDSETIs with their unique training methodology in promoting self-employment among the unemployed
youth, it does so, in particular, to understand in detail the activities of one of its units located at Vetapalem (now
shifted to Ongole) in Prakasam District of Andhra Pradesh, India.
Role of Women Development Fund on Growth of Women Owned BusinessesAI Publications
The study intended to assess the role of Women Development Fund (WDF) on growth of women owned business in Tanzania. The study specifically assessed business activities of women funded through the WDF, WDF challenges, and examined the procedures used by women owning Business to access WDF. The study adopted a case study design, collected primary and secondary data through questionnaire, interviews and document review. SPSS v.20 was used for data analysis, where both the descriptive and inferential statistics methods were used to present the findings. Spearman correlation analysis was used to measure significance variables relationships between the dependent and independent across the women development fund if any. The study revealed a number of findings including that a large number of women are obstructed by social, family, and work challenges due to traditional values which limit their business growth and mobility. There were reported existence of unwarranted bureaucracy, inadequate understanding of the WDF policy difficulties in getting trustworthy members to join their groups, trust worthless of some beneficiaries to ensure monies land into safe hands. The WDF application processes are reported to be obscure, with several criticisms by many beneficiaries such failure to disburse the loans on time and at the applied amount to some groups, it has however not affected their business growth negatively. The identified success in WDF reported to be business expansion, growth and acquired ability to source abroad markets of their businesses, job creation, improved the individual life standards, increased their ability to pay for family necessities and construct their homes.
Review of Historical and Temporary Challenges Facing Small and Medium Enterpr...ijtsrd
This paper aims at shedding the light on the obstacles and challenges that hamper the performance and contribution of small and medium enterprises in Yemen and their contribution to the economic development. It is based on an in depth review of international organizations reports about Yemen and the development of the business sector, reports on the performance of small enterprises and business environment during the current condition. The challenges that face small businesses in Yemen are serious and they need years if not decades to be contained from hampering the business performance and the contribution to GDP. These challenges are grouped into two sets, the first set is concerned about the historical challenges that had been facing SMEs for long time, and the other set is concerned about the emerging challenges that came to affect the small business sector in recent year with the emergence of the violent conflict and political instability Mugaahed Abdu Kaid Saleh | Dr. Manjunath K. R. "Review of Historical and Temporary Challenges Facing Small and Medium Enterprises in Yemen" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-3 , April 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30686.pdf Paper Url :https://www.ijtsrd.com/management/business-environment/30686/review-of-historical-and-temporary-challenges-facing-small-and-medium-enterprises-in-yemen/mugaahed-abdu-kaid-saleh
The Impact of Foreign Labour on the Unskilled Labour Demand in MalaysiaDrBiz Arikrishnan
www.qaasoo.com
In order to stay compete in the market and globalization pressure; firms tend to combine the best input to produce goods and services in an efficient and effective manner. There are three major input combinations that will boost production in Malaysia, which are labour inputs, capital inputs, and total factor productivity.
Bangladesh has enormous young women and productive workforce that will get an opportunity to involve in Small
and Medium Enterprises (SMEs) sector. This paper aims to investigate the factors that affect women involvement as
entrepreneur in SMEs sector, economic development and its impact on poverty reduction in Bangladesh. The study
adopts the quantitative analysis of possible factors that may affect women involvement as entrepreneur in SMEs
sector, economic development and its impact on poverty reduction. By using Convenient Sampling Technique, the
data has been collected from 300 respondents. Data are analyzed using frequency, mean, standard deviation and
regression analysis. From the outcomes of descriptive statistics analysis, the study is found that business experience,
business plan, practical knowledge, security, interest & hobby, others business house profits, adequate capital,
business registration procedures, qualified leaders & trainers, and bank & financial institutions support are affected
women involvement as entrepreneur in SMEs sector. From the results of regression analysis, this research is found
that economical, psychological, knowledge & skills, family, and legal & administrative as the essential factors,
which significantly affect women involvement as entrepreneur in SMEs sector in Bangladesh. The research is
revealed that women entrepreneur, long-term business success and employment creation as the vital factors, which
notably affect economic development. The study is also revealed that economic development as the critical factor,
which considerably affects poverty reduction. This examination may contribute to these women entrepreneur issues.
The results of this investigation can be applied by government and non-government organization, public institutions,
rural development academy, policymakers and even researchers to inspire women involvement as entrepreneur in
SMEs sector. The researchers strongly expect that this investigation creates value to the literature because it uses a
conceptual framework to give explanation the factors that affect women involvement as entrepreneur in SMEs
sector, economic development and its impact on poverty reduction in Bangladesh.
This study examined the effect of microfinance banks on the performance of women-owned enterprises in Benue State, Nigeria. The study focused on women entrepreneurs who are clients of selected Microfinance Banks in Makurdi Metropolis, Benue State. The study specifically examined the effect of microfinance loan services, microfinance saving services and microfinance training services on the performance of women-owned enterprises in Benue State. A survey design was adopted for the study and questionnaire was used for data collection. The population consists of 68 owners of women-owned enterprises in Makurdi metropolis, Benue State. A census sampling method was adopted and the entire population was used for this study. Simple percentages, mean and standard deviation were used for data presentation and analysis while regression analysis was used for test of hypotheses. Findings of the study revealed that microfinance loan services, microfinance saving services and microfinance training services have significant effect on the performance of women-owned enterprises in Benue State. The study concludes that microfinance banks services significantly affect the performance of women-owned enterprises in Benue State. The study recommended amongst others that microfinance banks should always give loans to female entrepreneurs in Benue State with low interest rates in order to encourage them to expand their businesses and improve their standard of living.
Influence of Debt Equity Financing on Growth of Craft Micro Enterprises in Kenyapaperpublications3
Abstract: Craft industry contributes greatly to the economy of a country for it provides income for not only micro enterprises but also small and medium enterprises. The main objective of the study was to determine the influence of debt financing on growth of craft micro enterprises in Kenya, to determine the influence of retained earnings on growth of craft micro enterprises in Kenya. The study covered the soapstone micro enterprises registered by Tabaka Town Council and the woodcarving micro enterprises registered by Wote Town Council. This study adopted descriptive research designs. The target population for the study constituted all the soapstone micro enterprises in Tabaka Town which are registered by Tabaka Town Council, Kisii County, and all the woodcarving micro enterprises of Wamunyu Location, Machakos County, which are registered by Wote Town Council. From this population of 2334 respondents, a sample of 330 respondents was divided proportionately between the two regions according to the proportion of their craft micro enterprises under study, using stratified random sampling. The study gathered data using a semi-structured questionnaire, and the data collected were analyzed by use of descriptive and inferential type of statistics using the Statistical Package for Social Science (SPSS) version 21.The results were then summarized in tables, charts and graphs. The findings of the study revealed that debt financing has a significant influence on the growth of craft microenterprises.
Keywords: Debt, Craft, Equity, Financing, Growth, Microenterprise.
Title: Influence of Debt Equity Financing on Growth of Craft Micro Enterprises in Kenya
Author: Steve Ondieki Nyanamba, Dr. Florence Sigara Memba, Dr. Willy Mwangi Muturi, Electrin Teresa Maswari
ISSN 2349-7807
International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)
Paper Publications
Role of Finance and Organizational Climate on Entrepreneurial Development amo...ijtsrd
Entrepreneurship is a key driver of economic growth and economic development. It is also a medium through which unemployment can be reduced and innovation can be promoted. It is a fact to say that entrepreneurship is a panacea for poverty reduction and eradication which is one of the cardinal eight point agenda of Millennium Development Goals. Entrepreneurship is seen as a key vehicle for employment creation, creation of economic wealth, and an essential means of enhancing the innovation dynamics in the local, regional and national economies Chris 2010 . Entrepreneurship provides a satisfying and rewarding working life, provides a flexible lifestyle and considerable business autonomy. It is becoming an increasingly important career option for unemployed people, secondary school and university graduates. At the national level, entrepreneurial activity contributes to economic growth and economic development Chris 2010 . Many researchers have written extensively on entrepreneurship and its effectiveness to the development of any given economy. Akanni 2008 further opined that the experiences of developed economies in relation to the roles played by entrepreneurship buttresses the fact that the significance of entrepreneurship cannot be overemphasize particularly among developing countries. In order to highlight its importance in relation to the growth and development of a given economy, entrepreneurship has been variously referred to as "source of economic growth". This is because entrepreneurial activities have been found to be capable of making positive impact on the economy of a nation and the quality of life of the people Adejumo, 2000 . Ojo Adeshina Akinwumi | Abifarin Olusola Michael | Dr. Okoklie Emmanuel Azuka "Role of Finance and Organizational Climate on Entrepreneurial Development among Selected Residents" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-4 , June 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30297.pdf Paper Url :https://www.ijtsrd.com/other-scientific-research-area/other/30297/role-of-finance-and-organizational-climate-on-entrepreneurial-development-among-selected-residents/ojo-adeshina-akinwumi
Mediating Role of Training on the relationship between MicroFinance Factors a...iosrjce
IOSR Journal of Business and Management (IOSR-JBM) is a double blind peer reviewed International Journal that provides rapid publication (within a month) of articles in all areas of business and managemant and its applications. The journal welcomes publications of high quality papers on theoretical developments and practical applications inbusiness and management. Original research papers, state-of-the-art reviews, and high quality technical notes are invited for publications.
An Assessment of the role of Financial literacy on Performance of Small and M...World-Academic Journal
The purpose of this study was to assess the effects of the financial literacy education on performance of small and micro enterprises in Njoro District where the program was implemented since 2011. The study investigated the financial literacy skills imparted, and their role on performance of small scale enterprises. Specific objectives of the study were: to establish how book keeping skills influence performance of MSEs under that EGF financial literacy programme in Njoro District, to establish the effects of credit management skills on performance of SMEs under EGF financial literacy programme in Njoro District and to find out how budgeting skills affect performance of SMEs under that EGF financial literacy programme in Njoro District. Descriptive survey research design was used to guide the study. The target population for the study was 467 beneficiaries of equity group foundation project in Njoro District. A sample size of 82 was selected random sampling technique. Primary data was obtained using questionnaires administered to the selected program beneficiaries. Data collected was then organized, coded and entered in the computer for analysis. Analysis was done using frequency counts, percentages, means and standard deviation, t-test was used to analyses the difference in performance before and after training. The study found out that: the program emphasized on budgeting, financial analysis, credit management and book keeping skills; indeed there was a significant improvement in revenue performance of small enterprises whose managers had attended the financial literacy programme. Credit management skills obtained through the financial literacy programme enhanced performance through acquisition of credit financing, and management of loan portfolios to ensure that loan liability was minimized and interest expenses minimized. Budgeting skills significant roles in growing sales, profits and ensuring smooth running of the business. The impact of this programme is evident in enhancing business performance. The government should therefore fund the mainstreaming financial literacy training programmes throughout the country as a strategy for enhancing small and micro enterprise performance.
Strategic Options for Creating Competitive Advantage for Youth Enterprises in...paperpublications3
Abstract: The Youth Enterprises have to survive in the global economic environment through defining the areas in which they can achieve the superior results and on them base their complete business. This article discusses the back ground information regarding youth enterprises in relation to vision 2030 and the global trends on SMES competitiveness as well as regional trends on SMES competitiveness. The research objectives are the effects of collaborative networks, innovation, product diversification and entrepreneurial skills on competitive advantage of youth enterprises. Conceptual framework focuses on both independent and dependent variables, independent variables namely; collaborative networks, innovation, product diversification and entrepreneurial skills; dependent variable namely competitive advantage. The purpose of this article is: to unite and to expand the existing cognitions about the concept of collaborative networks, innovativeness, product diversification, and entrepreneurial skills; propose the universal model for the process of transformation of implementing these concept and to point on the guidelines which should follow these concepts.
Running Head YOUTH UNEMPLOYMENT IN KENYA .docxjeffsrosalyn
Running Head: YOUTH UNEMPLOYMENT IN KENYA 1
UNEMPLOYMENT IN KENYA 6
Youth Unemployment in Kenya
Kenya is one of the developing countries in Africa that experiences a high rate of unemployment particularly among the youth. Unemployment is considered as a situation where able-bodied people looking for a job are not capable of finding. Despite the attempt made by the government to make primary and secondary education free, the rate of unemployment among the youth is increasing. According to ILO, unemployment rate can be considered as the number of the people without employment within an age group divided by the age group’s labor force (Africa Check, 2018). One of the most recent survey done by the Basic Labor Force in 2015/2016 and released in 2018 reported that around 1.22 million unemployed Kenyans are between 15-34 years. According to Africa Check (2018), this number makes up to 11.4% of those who are part of the labor force. This placed the official unemployment rate to be at 11.4%. Around 20.9% of those aged between 15-34 years were visibly unemployed (Africa Check, 2018).
For the millions of unemployed young Kenyans, unemployment has made life for them brutal and harsh with each day remaining a gamble and meeting basic needs becoming a difficult challenge to handle. It is sad enough that in Kenya, education has not changed much regarding youth unemployment. Several young people in the country have either been financed or have incurred a large debt to get an education but they still find themselves unable to secure a decent job like the early generation could. Consequently, most young Kenyans often find themselves running informal businesses, work in sectors that were long neglected by the private and public sectors. It is unfortunate that young people are expected to be entrepreneurs themselves out of poverty with absolutely no support structures in place, and continues to downgrade to subsistence living (Awiti & Scott, 2016). Like in many countries, young people are told that they can be entrepreneurs and create jobs but not all people are entrepreneurs.
Kenyan government takes a big percentage of the blame because it is responsible for creating job opportunities for its citizens. Some of the reasons behind the rising cases on unemployment among the youth include:
Corruption – This has proved to be one of the reasons for unemployment and underdevelopment for most countries across the world. However, in Kenya, the vice seems to have its roots deeps in the ground. Corruption has taken over the well-being of the country with political leaders as the initiators. There is a mentality that if you do not have connections, you cannot find a job and it is slowly gaining ground as one can hardly get a job without a connection (Hope, 2012). This is mainly caused by nepotism and triba.
An Investigation of the Effect of Challenges Encounters Female Entrepreneuria...AkashSharma618775
The participation of females in entrepreneurial activities is such a satisfying ideal that has proven to
convey positive contribution towards economic process. To ascertain this; the subject matter has presented herein.
Such presentation has been done by giving detailed analysis of the effects of challenges encounters female
entrepreneurial taking Malaysia, which is one of the transformed economies as the country of context. There is a
promising growth in entrepreneurial activities in the recent years in Malaysia; yet, this growth has seen to have
many male entrepreneurs leaving females with minimal rate of participation. There are challenges identified,
evaluated and analyzed to be the very reasons that leads to this scenario. The study employed three challenges
called economic, resource and cultural extracted from Isa et al., (2018); the challenges which are henceforth
implemented as independent variables (IVs) of the study. The study has found the significant correlation between
each of these IVs (EoC) and its subject matter; that’s female entrepreneurial (FE) in Malaysia the DV with the
significant levels of 0.026 and 0.012 respectively. The extent of effects was regretted to be 62% within the inverse
correlation of 0.89 to mean that the increase of EoC results to the decrease of FE and the decrease of EoC leads to
the increase of FE. The statistical analytics were measured using SPSS and data were secondarily reviewed from
the study of Hossain et al., (2018). For further researches; an expansion to reach other stakeholders like police
makers and officers of financial institutions has been recommended because, this study has been established on the
mere perspectives and opinions of entrepreneurs and not other stakeholders of entreprenerial activities.
An Investigation of the Effect of Challenges Encounters Female Entrepreneuria...AkashSharma618775
The participation of females in entrepreneurial activities is such a satisfying ideal that has proven to
convey positive contribution towards economic process. To ascertain this; the subject matter has presented herein.
Such presentation has been done by giving detailed analysis of the effects of challenges encounters female
entrepreneurial taking Malaysia, which is one of the transformed economies as the country of context. There is a
promising growth in entrepreneurial activities in the recent years in Malaysia; yet, this growth has seen to have
many male entrepreneurs leaving females with minimal rate of participation. There are challenges identified,
evaluated and analyzed to be the very reasons that leads to this scenario. The study employed three challenges
called economic, resource and cultural extracted from Isa et al., (2018); the challenges which are henceforth
implemented as independent variables (IVs) of the study. The study has found the significant correlation between
each of these IVs (EoC) and its subject matter; that’s female entrepreneurial (FE) in Malaysia the DV with the
significant levels of 0.026 and 0.012 respectively. The extent of effects was regretted to be 62% within the inverse
correlation of 0.89 to mean that the increase of EoC results to the decrease of FE and the decrease of EoC leads to
the increase of FE. The statistical analytics were measured using SPSS and data were secondarily reviewed from
the study of Hossain et al., (2018). For further researches; an expansion to reach other stakeholders like police
makers and officers of financial institutions has been recommended because, this study has been established on the
mere perspectives and opinions of entrepreneurs and not other stakeholders of entreprenerial activities.
Similar to Entrepreneurship education on women entrepreneurs at (20)
Entrepreneurship education on women entrepreneurs at
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Entrepreneurship Education on Women Entrepreneurs at
Pre-Primary and Primary Level in Kenya
Lawrence Mutembei Douglas
Chuka University, Department of Arts and Humanities, PO Box 109-60400 Chuka, Kenya
mutembei@yahoo.com
Abstract
Women entrepreneurs have bean designated as the new engines for growth and a rising stars of the economies in
developing countries to bring prosperity and welfare. This study was designed to investigate entrepreneurship
education on women entrepreneurs at pre-primary and primary level in women-owned micro and small
enterprises in Kenya. Entrepreneurship education support graduates, existing and potential entrepreneurs to
create and run their own business rather than expecting employment from government, private or NGOs. It helps
provide knowledge and skills for running a business, example business law, accounting and bookkeeping, credit
and finance and marketing. The study hypothesis that, lack of adequate entrepreneurship education on women
entrepreneurs at pre-primary and primary level is the major cause of high failure rate of micro and small
enterprises owned by women. In Kenya, for example the MSEs contributed over 50 percent of new jobs created
in 2005 but despite their significance, MSEs are faced with the threat of failure with past statistics indicating that
three out of five fail within the first few months. The study used descriptive survey design. A sample of 120
women entrepreneurs was taken from Tharaka Nithi County, Kenya, using stratified and simple random
sampling. Quantitative and qualitative data were collected using semi-structured self administered questionnaire
and face to face interview. The research found that there is no entrepreneurship education in pre-primary and
primary school levels in Kenya.
Keywords: Women Entrepreneurship, entrepreneurship education, micro and small enterprises
1. Background Information
Entrepreneurship education should not be confused with general business or economic studies, as its goal is to
promote creativity, innovation and self-employment. This research will investigate Entrepreneurship Education
on women entrepreneurs at pre-primary and primary level in women-owned Micro and Small enterprises in
Kenya. Women are becoming increasingly important in the socioeconomic development of both developed and
developing economies as they account for significant percentage of the operators of MSEs (Kjreldsen and
Nielson, 2000). The Government of Kenya has recognized the potential of micro and small enterprises to support
the job growth requirements of the country by establishing an inter-ministerial unit on Small Enterprise
Development (SED) within the ministry of Planning and National Development (King, 1990). The Government
through Kenya Vision 2030 envisages the strengthening of MSEs to become the key industries of tomorrow by
improving their productivity and innovation (Ministry of Planning, National Development and Vision 2030
[MPNDV 2030], 2007). In a report developed collaboratively with the United Nation Development Program
(UNDP) and the International Labor Organization (ILO), Kenya was encouraged to develop a training capacity
in entrepreneurship that could lead to the creation of an “enterprise culture” in the country (Republic of Kenya,
1990). Within the same time frame, a new Ministry of Research, Technical Training and Technology was
established; one of its goals was to harness and develop the entrepreneurial efforts in the country.
The significance of Kenya’s micro and small enterprises (MSE) activity has continued to grow since the sector
was first brought to limelight in 1972. In Kenya, it is now widely recognized that the promotion of the MSE
sector is a viable and dynamic strategy for achieving national goals, including employment creation, poverty
alleviation and balanced development between sectors and sub-sectors. The findings of 1993 MSE Baseline
Survey underscored the importance role that MSEs play in Kenya’s development process, particularly in the
context of generating employment and income opportunities for majority of poor people throughout the country.
Indeed, the MSE sector provides employment for substantially more people than does the formal sector.
Together, all these form the foundation of a strong national industrial base and domestic production structure that
are central to the government’s vision of achieving a newly industrialized country by the year 2020 (Sessional
paper No. 2 of 1996).
One of the most important challenges facing Kenya today is creation of sufficient employment opportunities.
The MSE sector is expected to generate significant employment opportunities given the decline in the
agricultural sector’s capacity to absorb new labor force and the shrinking public sector. GOK (2008), Economic
Survey (2008) employment in the public sector declined by three point four per cent in 2007. While MSEs have
tended to absorb large numbers of unemployment people, they themselves are not able to generate reasonable
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remunerated long-term jobs. However, given a well-targeted entrepreneurship education, the MSE sector can
play a critical role in providing opportunities likely to stimulate sustainable economic growth. Douglas L. M.,
(2010). Thesis (MA) “Factors influencing growth of micro and small business enterprises owned by women: the
case of Mwimbi Division, Maara District, Kenya”; the project showed some important facts. First, MSEs were of
overwhelming importance in the Division as they accounted for more than 90% of all firms outside the
agricultural sector. Second, the contribution of women entrepreneurs was still relatively low in MSEs. This could
be contributed to factors such as complexity in business registration, low level of education, inadequate women
entrepreneurship promotions, inadequate entrepreneurship education and training, and there were no MSE
development programs especially towards female entrepreneurs in the Division. It concluded that women in
micro and small business enterprises face multiple gender related barriers which need to be addressed at all
levels, from the legal system to the domestic system. Entrepreneurship education and Training was identified as
the single most obstacles in development of women-owned business enterprises hence prompting this research.
Despite MSEs being recognized, the mortality rate in Africa remains high. In Kenya, for example MSE sector
contributed over 50 percent of new jobs created in 2005 but despite their significance, MSEs, “are faced with the
threat of failure with past statistics indicating that three out of five fail within the first few months” Bowen, et al.,
(2009). Over sixty percent of small businesses are estimated to fail each year (Kenya National Bureau of
Statistics, 2007). The baseline survey of 1999 estimated that 80% of micro and small businesses failed within the
first three years after starting up (GOK, 2001). This failure rate of women enterprises suggests that there are
some fundamental factors that influence it. Motivated by the poor performance and high mortality rate among
South Africa’s micro and small enterprises Kunene, T.R. (2008) undertook a PhD study of a critical analysis of
entrepreneurial and business skills in micro and small enterprises of South Africa. Her results indicate that there
is a need to impart key entrepreneurial skills to MSE operators. Motivated by such un-investigated scenario on
the impetus leading to this failure, this research study aims at investigating the entrepreneurship education at pre-
primary and primary school levels as a major contributor to high failure rate.
This study is different from those researchers discussed in the reviewed literature in that their focus areas were in
all entrepreneurs in micro and small enterprises regardless of their sex. Their studies did not address
entrepreneurship education on women entrepreneurs. But this study specifically emphasis entrepreneurship
education on women in women-owned micro and small enterprises in Kenya.
2 Statement of the Problem
In spite of the importance of entrepreneurship education on women entrepreneurs in start-up, growth and
development of micro and small enterprises, and high failure rate in Kenya, little research has been conducted on
it as a factor that constraint their growth and development in Kenya. This study seeks to fill this gap.
3 Purpose of the Study
Based on the above problem statement, the purpose of this research is to investigate entrepreneurship education
on women entrepreneurs as a factor that constraint growth and development of women- owned micro and small
enterprises in Kenya.
4 Objective of the Study
To investigate Entrepreneurship Education on women Entrepreneurs at Pre-Primary and Primary school levels in
women-owned Micro and Small Enterprises in Kenya.
5 Women Entrepreneurship in Kenya
Most studies done on women entrepreneurship show that women owned enterprises are traditionally found in the
service sectors which tend to have a slower growth rate and are more labor intensive rather than in knowledge
based businesses with high growth, innovative and export potent (Buttner and Moore, 1997; Henry et al., 2004;
Alyward, 2007; Coleman, 2007 Ong, 2008; Fitzsimons et al., 2004). However research has shown that over the
last few decades, the types of businesses women tend to own are changing. Brush et al., (2006) argue there is a
new generation of women entrepreneurs emerging who see business ownership as viable career option. Women
entrepreneurship is changing from the traditional female dominated sectors to a more modern type of
entrepreneurship, seeking new forms which are typical of male entrepreneurship; high profile, growth oriented
and export based. Many studies have confirmed that women are entering male dominated sectors such as
manufacturing, construction, engineering and transportation McClelland et al., 2005). It has also been suggested
that women are in fact setting up “new economy” companies in high technology professional services and
construction. A research carried out by the centre for Women’s Business Research in the USA established that
though majority of women still operate in the service (69%) and retail (14.4%) sectors, there was an increase in
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the number of women entrepreneurs entering the professional scientific and technical service sectors (Centre of
Women Business Research, 2006). The changes in women educational and career attainment may have led to
women increasing their enrolment in colleges to pursue disciplines previously viewed as male dominated such as
Engineering Medical and Computer Science and then start enterprises in these sectors.
Women-owned businesses are one of the fastest growing entrepreneurial populations in the world. They make
significant contributions to innovation, employment and wealth creation in all economies (Brush et al., 2006).
Minnite and Aurenius, (2003) argued that women are a readily available resource that countries at different
stages of economic development may use to achieve economic progress. To support this argument, Verheul et al.,
2009 in his study found a positive correlation between women share in entrepreneurship and economic
performance at both country and regional levels. Kjeldsen and Nielson, (2000) revealed that women are
becoming increasingly important in the Socio-economic development of both developed and developing
economies as they account for significant percentage of the operators of Micro and Small Enterprises (MSEs)
and they make a substantial contribution to national economies through their participation in starting successful
MSEs United Nations, (2005).
Women contribute more than half of the population of Kenya and make a significant contribution to the
economy. Not only are Kenyan women competing with their male counterparts for typically male positions in
the corporate arena, they are also starting businesses in previously male dominated sectors of the economy.
Women-owned businesses are making a significant contribution to the Kenyan economy. Their businesses
account for about one-half (48%) of all micro and small sized enterprises (MSEs), which contribute around 20
percent to Kenya’s GDP. of the 462, 000 jobs created annually. Since the year 2000, in Kenya, 445,000 jobs
have come from the informal sector, where 85% of women’s businesses are found (IFC, 2010). The study further
states that while being in a male-dominated industry can be challenging, Kenyan women are increasingly
breaking barriers and excelling in arenas traditionally occupied by men.
The above situation suggests that for Kenya to attain economic growth and development women
entrepreneurship is core and it must be addressed. Women entrepreneurs must be encouraged to start
enterprises in the male dominated sectors of the economy that are characterized by high growth rates, high
income, high technology, high employment and high survival rates. The above scenario also suggests that there
must be fundamental and practical factors that influence some women entrepreneurs’ start enterprises in the male
dominated sectors as opposed to starting enterprises in the female dominated sectors as would be the norm. This
study will attempt to address women entrepreneurs in micro and small enterprises failure rate by investigating
entrepreneurship education on women at pre-primary and primary levels in Kenya.
6 Entrepreneurship Educations
Entrepreneurship education can be defined as the purposeful intervention by an educator in the life of the learner
to impart entrepreneurial qualities and skills to enable the learner to survive in the world of business. Albert,
Sciascia and poli (2004) defined entrepreneurship education as the structured formal conveyance of
entrepreneurial competencies, which in return refers to the concepts, skills and mental awareness used by
individuals during the process of starting and developing their growth-oriented ventures. Sexton and Smilor
(1997) define entrepreneurship education as a formal structured instruction that conveys entrepreneurial
knowledge and develops in students, focused awareness relating to opportunity, recognition and the creation of
new ventures. Mauchi et al., (2011) sited in Jones and English (2004) the definition of entrepreneurship
education as a process of providing individuals with the ability to recognize commercial opportunities and the
knowledge, skills and attitudes to act on them. Therefore, entrepreneurship education can be seen as process of
imparting learners with entrepreneurial knowledge, skills and attitudes through a formal structured instruction. A
formal structured instruction is usually guided by well defined aims, goals and objectives of a specific program.
Entrepreneurship education and training programmers are aimed directly at stimulating entrepreneurship which
may be defined as independent small business ownership or the development of opportunity-seeking managers
within companies Colton (1990).
Entrepreneurship education is more than just learning about business management. It is a human capital
investment to prepare a student to start a new venture through the integration of experience, skills and
knowledge to develop and expand business (Hynes and Richardson, 2007; Nabi and Holden, 2008). The
expectation that more and better entrepreneurship education would result in more and better entrepreneurs
Matlay, (2008) has driven the proliferation of entrepreneurship courses in institutions of higher learning. Several
researchers have recognized the fact that entrepreneurship can foster entrepreneurial culture (Harsh and Ranjan,
2005; Burn, 2007; and Kuratko, 2005) among the learners.
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Entrepreneurship education could be viewed from two broad perspectives Kent (1990). The first is the creation
of awareness and the second is inclusion of entrepreneurial skills and knowledge. Thrust should be directed to
both areas so as to produce a complete entrepreneur. Further the general agreement by researchers is that
education for self awareness takes two forms. First is where the youth become aware of the past, present, and
future roles that entrepreneurship play in society. The second awareness comes by allowing the youth to
appreciate that entrepreneurship can be a career possibility for them to exploit. However, Bwisa (2004) argues
that in Kenya, it is rare that youth trainers and counselors have an idea of how to present entrepreneurship as a
possible vocation. Curran and Stanworth (1989) termed entrepreneurship education as education with the
purpose of changing the existing situation and by doing so create a new product or serve and thus create a higher
economic value. Further, Gibb (1992) pointed out that the task of entrepreneurship education is to develop
enterprising behaviors, skills, attitudes and stimulate the student’s insight into knowledge of doing business. He
particularly singled out the following behavioral aspects: opportunity seeking; initiative taking; making things
happen independently; problem solving and risk taking; commitment to work and tasks; ability to cope with or
enjoy uncertainty and ambiguity; self awareness; self confidence; credibility; perseverance; persuasiveness;
resourcefulness; negotiating skills; motivation and commitment to achieve. Learning plays a crucial role in the
acquisition of knowledge, skills and development of values. Thus awareness of the opportunities of
entrepreneurship may prompt some people who may not show initial signs of enterprise venture to realize their
potential. Learning is therefore seen as a significant ingredient of the transition from awareness and interest to
desire and action.
Entrepreneurship education is about promoting change in attitudes to “increase the number of women who view
‘business start-up’ as a viable career option’ Black, (2003). To succeed in this, entrepreneurship education must
be concerned with learning and facilitating for entrepreneurship, not about it (Laukkanen, 2000, Cooper et al.,
2004). The entrepreneurship educational system has to be oriented towards “doing” more than “thinking”.
Knowledge has to be converted into solutions that benefit customers in the market place (Formica, 1997; Fayolle,
2001; Rae and Carswell, 2001; Bird, 2002-2003). Entrepreneurship education is a constructivist based education
Ehrste’n and Kjeliman, 2001). It can be defined as the purposeful intervention by an educator in the life of the
learner to impart entrepreneurial qualities and skills to enable the learner to survive in the world of business. This
research assumes that with proper entrepreneurship education on women entrepreneurs at pre-primary and
primary school levels micro and small enterprises would grow and develop.
7 Entrepreneurship Education at pre-school and at Primary School Level
According to Bwisa (2004), there is no entrepreneurship education at pre-school and primary school levels in
Kenya yet this level pump into the labor force 243,000 youth annually. This accounts for 33 percent of
unemployment in Kenya. Allowing learners to experience positive entrepreneurial role models both by class
contact or curriculum material is the first step in entrepreneurship education and this should begin at pre-school
and primary school level. At this stage, entrepreneurship learnt could be termed as “basic”. Entrepreneurship
education at this level should not necessarily be geared towards providing something new but rather on removing
any barriers that may erode the potential of motivation towards business ideas (Van de Kuip and Verheul, 2003).
Psychology views personality as not only influenced by heredity but also by the environment. The environmental
factors that put thrust on the process of personality formation are culture in which we are raised. Specifically, the
norms, attitudes, and values of our friends, family, and social groups (Robbins, 1997). Since children’s
personalities are still malleable in early childhood, initial education can play a significant role in the
development of personality entrepreneurial traits. Therefore, entrepreneurial qualities should be taught in the
early schooling years of primary education level (Van de Kuip et al., 2003). Furthermore, entrepreneurial
qualities tend to correspond more with personality characteristics developed during the upbringing. It would be
very difficult to develop entrepreneurial qualities with adults, hence this research.
Learning activities that could be used to foster entrepreneurship qualities in the children may include: Simple
songs containing aspects of selling and buying; songs reinforced by dances that depict business ideas; games and
plays where children pretend to go to the shop and purchase some commodities; and reciting of poems on
business ideas. When the children get to primary schools, they should be given further practice on the activities
they encountered at preschool level. Specific areas are: monopoly games to demonstrate investment; scrabble to
improve on communication skills; brainstorming session on business ideas; risk taking games; translating goods
made from handcrafts into sales to encourage innovations; and visits to successful entrepreneurial firms.
Observable and measurable success indicators at this stage would include the following: children coming up with
innovative products from the modeling exercises; ability to recite poems confidently; ability to repeat the simple
skills taught and active participation in the activities taught. This study will investigate whether women
entrepreneurs had entrepreneurship education at pre-primary and primary school levels and the extent of the
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same.
8 Findings
Entrepreneurship education is not taught in pre-primary and primary school levels in Kenya. This is similar to
Bwisa (2004) findings. It is evident from the reviewed literature that entrepreneurship education exposed to the
learners in school creates entrepreneurship awareness and encourages students to include self-employment in
their career intentions and aspirations’ options as well as inculcating a positive attitude towards business start-up.
Children’s personalities are still malleable in early childhood, so initial entrepreneurship education can play a
significant role in the development of personality entrepreneurial traits.
9 Conclusions
In conclusion, there is definitely a need for entrepreneurship education to be taught at pre-primary and primary
school levels in Kenya, if micro and small enterprises owned by women are to grow and develop. The
educational system influences the knowledge base, the achievement of skills, competencies and attitudes on
which future career choices are based. Since these decisions are essential to the future of the individual, School
has the responsibility to inform and expose students to a wider range of career options, including
entrepreneurship.
10 Recommendations
a) To inculcate enough entrepreneurial culture, entrepreneurship education should start early at pre-primary and
primary school levels as at this stage the child’s entrepreneurial personality is malleable
b) An independent review of the quality improvement aspects of pre-primary and primary education
development should be done to introduce entrepreneurship education to take care of over 250,000 pupils who
drop out at this level.
c) Teachers of entrepreneurship education should be trained in innovative methodologies that will enable them to
effectively equip the learners with entrepreneurial skills
d) Women enterprise centre should be set up to provide business advice, mentorship and other practical support
towards realization of the self employment aspirations of the women. In addition, the centre could help expose
and link women to funding sourcing institutions such as women enterprise fund in Kenya
e) Entrepreneurship workshops and conferences should be encouraged specifically for women entrepreneurs
already working in micro and small enterprises
f) A needs analysis research should be carried out to determine the exact educational requirements useful in the
women-owned micro and small enterprises
g) An analysis should be conducted on the role of educators and the role of nuclear family. they are really
fundamental to influence a child become an entrepreneur
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