African Policy Implementation (Public Admin/Political | 03 June 2010
Entrepreneurship Ecosystems and Innovation Hubs in Eastern Africa: A Survey Research
L, u, m, u, m, b, a, M, o, k, o, t, l, o, ,, L, u, c, a, s, M, o, m, b, a, ,, T, s, h, e, p, o, N, g, o, y, i
Abstract
Entrepreneurship ecosystems and innovation hubs are critical for fostering economic growth in developing regions. A survey research approach was employed to gather data from key stakeholders including entrepreneurs, policymakers, and industry experts. The survey revealed a moderate level (45%) of established innovation hubs across the region, with significant interest in expanding such initiatives. There is a need for increased governmental support and private sector investment to enhance the effectiveness of existing entrepreneurship ecosystems. Policy recommendations include creating more targeted funding opportunities and developing comprehensive training programmes for entrepreneurs.