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Impact Assessment of ICT Hubs on Private Sector Development in Rwanda

Journal: International Journal of Trend in Scientific Research and Development (Vol.8, No. 2)

Publication Date:

Authors : ;

Page : 286-293

Keywords : ICT hubs; Private sector development; Economic growth; Innovation ecosystems; Digital transformation; Job creation; Socio-economic implications and Sustainable development;

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Abstract

The topic of the study is Impact Assessment of ICT Hubs on Private Sector Development in Rwanda. The results from 90 respondents selected purpose filled questionnaire. Most of respondents confirmed that ICT hubs promote development of private sector in same cases of business implementations and control. Findings indicate that ICT hubs play a transformative role in fostering entrepreneurship, innovation, and access to markets for local businesses. Moreover, they serve as catalysts for job creation, skill development, and foreign investment attraction. Adopt ICT Hubs have adequate local support for the business people about the use of ICT Hubs business promote business growth development with 22 . Then 26 respondents revealed that, conduct site visits to areas that have successfully adopted ICT hubs in business with 29 . Furthermore, 22 respondents also said that, engage service providers in long term service level agreements for the business people about the use of ICT hubs in businesswith24 . However, challenges such as limited access to finance, infrastructure constraints, and digital literacy gaps persist, posing barriers to maximizing the full potential of ICT hubs. Recommendations are provided to policymakers, stakeholders, and practitioners to leverage the strengths of ICT hubs while addressing underlying challenges, thereby accelerating private sector development and driving sustainable economic growth in Rwanda. Deo Mutambuka "Impact Assessment of ICT Hubs on Private Sector Development in Rwanda" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-2 , April 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64631.pdf Paper Url: https://www.ijtsrd.com/economics/other/64631/impact-assessment-of-ict-hubs-on-private-sector-development-in-rwanda/deo-mutambuka

Last modified: 2024-08-01 19:55:17