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Author: Daniyel Felzenshṭain Publisher: Kit Pub ISBN: Category : Business & Economics Languages : en Pages : 68
Book Description
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: Daniyel Felzenshṭain Publisher: Kit Pub ISBN: Category : Business & Economics Languages : en Pages : 68
Book Description
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: Kenneth R. Gray Publisher: University Press of America ISBN: 9780761801405 Category : Business & Economics Languages : en Pages : 190
Book Description
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: Peter Kilby Publisher: ISBN: Category : Cottage industries Languages : en Pages : 196
Book Description
Extract: This study treats small scale industry in Kenya. It is common wisdom that small production units possess a number of virtues and that special effort is warranted to promote the growth of this subsector. Such a view is acceptable, but in need of some refinement. It is the argument of this paper that for each country there exists an optimum size distribution of firms. This optimum is determined at any point in time by technological factors and by the pattern of demand. Owing to market imperfections and government policies that are biased with respect to scale, observed shares of output and employment in many underdeveloped countries are heavily skewed toward large scale enterprise. This malproportionality is strikingly evident in the case of Kenya.
Author: Mary Jokorvic Publisher: GRIN Verlag ISBN: 3656639027 Category : Business & Economics Languages : en Pages : 16
Book Description
Research Paper (undergraduate) 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 generation of adequate or decent employment (Palma, 2005). Due to these characteristics various constraints lower SMEs resilience to risk and prevent them from growing and attaining economies of scale. The challenges faced by SMEs in Kenya are not limited to the areas of financing investments and working capital but also include human resource development, market access and access to modern technology and information. Consequently, there are various factors that have supported SMEs growth since the 1990s (Capital Markets Authority, 2010).
Author: Daniyel Felzenshṭain
Author: Daniyel Felzenshṭain
Author: Helen Ruth Aspaas
Author: Helen Ruth Aspaas
Author: Balam Nyeko
Author: Richard A. Yoder
Author: Frank C. Child
Author: Kenneth R. Gray
Author: Peter Kilby
Author: Kenya Rural Enterprise Programme
Author: Mary Jokorvic