Browsing by Author "Kibona, Deogratias"

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    The role of business incubators in the informal and semi-formal financing of micro, small and medium enterprises: The case of incubated enterprises in Tanzania
    (Mzumbe University, 2018) Kibona, Deogratias
    There is a consensus in literature that high economic growth rates contribute to economic and social development. At the same time, it is argued that the countries economic growth rate is mainly determined by among other factors, their ability to trade and invest. The success in trade and investment is determined by the role of two major players; governments and enterprises. While a government makes policies, enterprises trade and invest. The enterprise sector includes the micro, small, medium, large enterprises and even multinational companies. However, Micro, small and medium sized enterprises (MSMEs) account for the largest portion of sector. MSMEs promote new ideas and accelerate the effective use of resources, they also contribute to the growth of gross domestic product of a country. This is mainly due to their involvement in production activities, job creation and payment of taxes. For the changing economic environment, MSMEs are flexible and have a great ability of adjusting themselves to fit the new environment due to the fact that their decision making process is simple and fast. Their ability to quickly adapt to changes ensures the resilience of the economy in time of crises. MSMEs also contribute to diversification of the economy through generation of technical innovations. This big contribution to the economic development creates interest of researching in the MSMEs sector. This research has focused on assessing the role of business incubators on incubated MSMEs’access to informal and semi-formal finance in Tanzania. The investigation is made to understand whether business incubators play a financial intermediation role between enterprises and if incubatee and incubator manager’s social capital has a significant influence on the process.