A theoretical route towards conceptualization of start-ups in emerging markets: A Kenyan perspective
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Date
2022-05
Authors
Karitu, Beatrice
Wangondu, Wanja
Muathe, Stephen
Journal Title
Journal ISSN
Volume Title
Publisher
SSFNET
Abstract
This paper aims to develop a critical approach to the conceptualization of start-ups in emerging markets from a Kenyan perspective. This study used a theoretical route to conceptualize start-ups in emerging markets like Kenya. From the findings, it is important to note that the conceptualization of start-up is based on western concepts and might be flawed and poorly applicable to businesses in Kenya. Hence in the Kenyan context, a start-up should be viewed as an innovative business entity, which is scalable and has survived up to 3-5 years. To support the growth of the start-up ecosystem in Kenya, policymakers should promote start-ups through the formation of relevant legislation and provide incentives that stimulate their survival and growth. The study has brought out some interesting findings which can generate more debate. The study used an exploratory research design which is not conclusive in nature therefore future research should consider using a research design that is conclusive in nature and robust.
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Description
article in International Journal of Research in Business & Social Science 11(4) (2022), 448-457
Keywords
Start-ups, Emerging Markets, Conceptualization, Kenyan Perspective, Entrepreneurship Theories
Citation
Karitu, B., Wangondu, W., & Muathe, S. (2022). A theoretical route towards conceptualization of start-ups in emerging markets: A Kenyan perspective. International Journal of Research in Business and Social Science (2147- 4478), 11(4), 448–457. https://doi.org/10.20525/ijrbs.v11i4.1782