A Comparative Study on Asia and Europe on Start-Up Led Innovations as a Vehicle for Development: Any Lesson for Africa Continental Free Trade Area

Simple item page
dc.contributor.authorOtieno, Victor
dc.contributor.authorMuathe, Stephen
dc.date.accessioned2023-07-13T08:39:25Z
dc.date.available2023-07-13T08:39:25Z
dc.date.issued2022
dc.descriptionArticleen_US
dc.description.abstractThis study investigates opportunities that African governments can pursue in furthering their development agenda by leveraging the market's affinity for mobile technology and the momentum built by fintech firms in mobile-based innovation. The study reviews secondary data on innovation-led development initiatives and compares strategies adopted by countries across Europe, Asia, and Africa. The results reveal that Europe and Asia have inculcated structured use of Research and Development in start-up ecosystems to ensure that innovation addresses specific development agendas. In contrast, Africa abounds with highvalue natural resources, yet the continent's manufacturing sector is regressing, with intra-Africa trade in consumer goods stagnating at 13% for decades. The study's findings point out that African governments recognize the role start-ups play in addressing unemployment and attendant poverty in Africa. Fintech start-ups and innovators have been at the forefront of delivering financial services using mobile telephony to communities hitherto financially excluded. The success of African mobile money innovations is widely published, and fintech start-ups have attracted the interest of venture capitalists – where 62% of investment funds flowing to start-ups are committed to the fintech sector. There is limited traction in using innovation to address issues like access to potable water, clean energy, affordable healthcare, and quality education.en_US
dc.identifier.citationOtieno, V., & Muathe, S. (2022). A comparative study on Asia and Europe on start-up led innovations as a vehicle for development: any lesson for Africa continental free trade area. American International Journal of Social Science Research, 12(1), 14-22.en_US
dc.identifier.issn2576-1048
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/26196
dc.language.isoenen_US
dc.publisherCRIBFB, USAen_US
dc.subjectAfrica Continental Free Trade Area Innovationen_US
dc.subjectStart-up JEL Classification Codes: B17, F13en_US
dc.titleA Comparative Study on Asia and Europe on Start-Up Led Innovations as a Vehicle for Development: Any Lesson for Africa Continental Free Trade Areaen_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
A Comparative Study on Asia and Europe on Start-Up Led Innovations as a Vehicle for Development Any Lesson for Africa Continental Free Trade Area.pdf
Size:
578.66 KB
Format:
Adobe Portable Document Format
Description:
Full text Article
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
RP-Department of Business Administration