Search results

The paper sets out to focus the attention of scholars and policy‐makers on the urgency of Nigeria's worsening debt crisis, with a view to suggesting initiatives which can be instrumental in preventing a further deterioration of the crisis.

The recommendations suggested specifically addressed stated research objectives. The research framework attempted to evaluate the role played by Nigeria's past administrations in the evolvement of the crisis. It also appraised the crisis in the context of the new international environment surrounding it. The study suggested improvement to the methodological flaws inherent in modern‐day debt resolution framework, which, so far, has only undermined the implementation of past resolution initiatives at the practical level.

Among other findings, the study uncovered the following: without their modification to suit the peculiar needs and circumstances facing individual countries, modern‐day debt resolution initiatives will only continue to further impoverish Nigeria and sub‐Saharan Africa; over time, Nigeria's successive administrations‐through corruption and inconsistent administrative policies‐significantly contributed to the crisis; creditors establishments‐by knowingly favoring fraudulent administrations with huge, questionable loans (in their self‐serving interest to benefit from reverse resource transfer)‐in no small measure contributed to the crisis.

The projections into the future are only based on trends observed in the past. They do not include unexpected events which might dramatically affect the course of the crisis in the long or distant future.

In order to ensure a successful implementation of resolution strategies suggested here and elsewhere, all the concerned parties will have to be actively involved‐both Nigeria and other indebted African countries, and all their external creditors.

Nigeria's external debt crisis was re‐appraised in the context of the new environment of the crisis. The findings and initiatives suggested for resolution here have a tremendous research value for scholars in the field. They also have an immense practical value for implementation by policy‐makers.

There has been a high rate of failure among the Living Labs in Kenya resulting in the expected outcomes not fully realized. This paper aims to assess the sustainability of Living Labs in Kenya.

Based on the four capital method of sustainable development evaluation framework, data were collected through interviews and questionnaires from innovators, users and employees among the 25 living labs in Kenya.

The research found that some innovators are not familiar with the living labs, the living labs are innovative and prepared to survive in future, some labs have strategic plans on how to pursue future environment and have developed ways of choosing right people to incubate, inability to get enough funding from the host organizations and limited knowledge on the supervision level of the operations. A model is proposed that can be generalized to other living labs in developing countries.

The study was done in Nairobi where most of the living labs are situated.

The study concludes by emphasizing on the user involvement during innovation process. There is need to expand the capacities of living labs to accommodate more people to ensure more innovations are supported at a time. The senior managers in charge of the living labs should increase the level of supervision to ensure that the labs are effective in their incubation efforts and institutionalize support of the host organization to the labs to ensure continued growth and expansion.

The findings of this study are of value to research community, the decision and policymakers as it seeks to document the current status of the living labs in the Kenya