Relationship Between Venture Capital Investments and Economic Growth in Kenya
Abstract
Venture Capital is a source of non bank Financing which is quite common in developed
Financial Markets that Fund start ups Firms, offer Management Experience and technical
support to start ups businesses (Sahlman,1991). According to East African Venture
Capital Association there were more than 200 Start ups businesses in Kenya funded by
Venture Capital from the year 2006 to 2016. According to Capital Market Authority,
Venture Capital is a fast growing source of Capital in Kenya from 1.57 billion Kshs in
the year 2000 to 95 billion Kshs in the year 2016. The research employed a descriptive
research design to study the relationship between venture capital and economic growth in
Kenya. The study has shown a positive and significant relationship between economic
growth and venture capital financing.
Publisher
University of Nairobi
Rights
Attribution-NonCommercial-NoDerivs 3.0 United StatesUsage Rights
http://creativecommons.org/licenses/by-nc-nd/3.0/us/Collections
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