To Assess the Effectiveness of Government Incentives in Promoting Entrepreneurship in Zambia
To Assess the Effectiveness of Government Incentives in Promoting Entrepreneurship in Zambia
Nchimunya Mudenda,J. Batala
Abstract
This study evaluates the effectiveness of government incentives in promoting entrepreneurship among small and medium enterprises (SMEs) in Lusaka Province, Zambia. Using a mixed-methods approach, data were collected from 100 entrepreneurs through surveys and 20 through interviews. Quantitative data were analysed using descriptive statistics, correlation, and regression, while qualitative data were examined thematically. The findings show that although government incentives have supported business start-ups and access to finance, their overall impact is limited by low awareness, bureaucratic challenges, and capacity constraints among entrepreneurs. The study concludes that incentives must be complemented by stronger institutional support and improved implementation mechanisms to enhance sustainable entrepreneurship development in Zambia.
