Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Green Innovation Enterprises and Environmental Entrepreneurship for Poverty Alleviation in Kenya

Version 1 : Received: 17 May 2021 / Approved: 20 May 2021 / Online: 20 May 2021 (09:55:06 CEST)

How to cite: Ngare, I. Green Innovation Enterprises and Environmental Entrepreneurship for Poverty Alleviation in Kenya. Preprints 2021, 2021050469. https://doi.org/10.20944/preprints202105.0469.v1 Ngare, I. Green Innovation Enterprises and Environmental Entrepreneurship for Poverty Alleviation in Kenya. Preprints 2021, 2021050469. https://doi.org/10.20944/preprints202105.0469.v1

Abstract

World Economy today depends on business investments that are propelled by Green technology, innovations and entrepreneurial activities. In recent years, developing economies in Asia, Africa and Latin America have embarked on easy capital access to Small Medium Enterprises (SMEs) to facilitate their economic growth. Kenya is among the Middle Level Income Countries that have gained global recognition through entrepreneurial innovations. In this study we assess the role of entrepreneurship towards poverty alleviation in Kenya. The objectives of the study were: to evaluate the role of entrepreneurship in poverty alleviation in Kenya; to identify entrepreneurship innovations and their economic contribution in Kenya and to determine the significance of entrepreneurship to Kenyan economy. Methodology of study took a parametric approach through pure desktop studies on entrepreneurship cases in Kenya. Success case studies of entrepreneurial innovations like M-pesa, M-soko and Uwezo Fund initiatives were assessed. The paper notes that activities undertaken in each of these case studies have made great contributions to poverty alleviation and economic development in both urban and rural areas of Kenya.

Keywords

Environmental Entrepreneurship; Poverty alleviation; Green Entrepreneurship; Economic growth

Subject

Environmental and Earth Sciences, Environmental Science

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