DETERMINANTS OF ENTREPRENEURIAL INVESTMENTS IN PRIVATE SECTOR HEALTH SERVICES PROVISION IN WOTE, MAKUENI COUNTY
Keywords:
Entrepreneurial Investments, Economic Incentives, Private Capital, Purchasing Power, Service ProvisionAbstract
Purpose: To establish the determinants of entrepreneurial investments in private sector health services provision in Wote, Makueni County.
Methodology: The study utilized a descriptive research design.
Findings: Results showed that economic incentives, existence of private capital, qualified medics and practitioners and purchasing power of the local population influences entrepreneurial investment in private sector health service provision in Wote, Makueni County. The study concluded that economic incentives, existence of private capital, qualified medics and practitioners and purchasing power of the local population influences entrepreneurial investment in private sector health service provision in Wote, Makueni County.
Unique contribution to theory, practice and policy: The study will add to the body of knowledge on the factors that affect private entrepreneurs from investing in quality health services in the Makueni County and how can those hindering factors be overcome. The study results will be an addition to the body of knowledge, useful to researcher and academicians alike. The study findings will be beneficial to the private sector entrepreneurs who upon getting the factors that affect investing in the health sector in Makueni County will be able to address those factors and get involved in investing in this lucrative health sector at the county level. Furthermore, the study will provide valuable information to not only the national government but the more so the county government and by using the findings the county government will draw up favourable policies that will stimulate private sector involvement in the establishment of quality health care services and other incentives that can spur county economic growth.
Downloads
References
Abramowitz, M. (1956). Research and output trends in the United States since 1870.
American Economic Review 46, 5-23.
Barnes, J., Hanlon, B., Feeley III, F., McKeon, K., Gitonga, N. & Decker, C. (2011). Private Health Sector Assessment in Kenya, World Bank Working Papers No 193.
Berman, P., Nwuke, K., Hanson, K., Kariuki, M., Mbugua, K., Ngugi, J., Omurwa, T. & Ong'ayo, S. (2013). Kenya: non-governmental health care provision. April, Data for Decision Making Project, Harvard School of Public Health.
Brugha, R. & Hanson, K. (2000). Presentation at the Commission on Macroeconomics and Health Planning Meeting, Working Group 5, 8-9 London.
Clausen, T. H. (2006). Who identifies and exploits entrepreneurial opportunities. Oslo: TIK, University of Oslo.
Constitution & Reform Education Consortium [CRECO], (2015). State of Service Delivery in Education and Health Sector in Kenya: A Baseline Survey Report for Seven Counties.
Deakins, D. & Freel, M. (2009). Entrepreneurship and small firms (5th Ed). New York: McGraw Hill.
Drucker, P. F. (1985). The discipline of innovation. 1985. Harvard business review, 80(8), 95-100.
Fiet, J. O. (2002). The systematic search for entrepreneurial discoveries. ABC-CLIO.
ICHRSI (International Clearinghouse of Health System Reform Initiatives) (2008). Capacity of non-governmental providers in delivery of health care in Kenya. http://200.15.29.18/ichsri/news/kenya.html.
IFC (2011). Guide for Investors in Private Health Care in Emerging Markets. World Bank Group.
IFC. (2010). The Business of Health in Africa: Partnering with the Private Sector to Improve People's Lives. Washington, DC: IFC.
Kimalu, P.K. (2011). Debt relief and health care in Kenya. Kenya Institute for Public Policy Research and Analysis (KIPPRA); Nairobi.
Maarse, H. (2011). The privatization of health care in Europe: An eight-country analysis. Journal of Health Politics, 31(5) 1003.
Owino, G. (2012). Preferences and utilization of health services by slum residents: A case study of Mathare, Nairobi (Unpublished Thesis) Kenyatta University: Nairobi.
Shane, S. (2000). The promise of entrepreneurship as a field of research. Academy of management review, 25(1), 217-226.
Stenton, A. (2012). Comments from Chief Executive of Nairobi Hospital (interviewed by John Lister).
Wang'ombe, J.K. (2010). Health sector reform in Kenya. Informing and Reforming; ICHSRI 1: 5-6.
WHO, (2010). The world health report: Health systems financing, the path to universal coverage (Geneva: World Health Organization.
Downloads
Published
How to Cite
Issue
Section
License
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution (CC-BY) 4.0 License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.