Abstract:
The purpose of this paper is to analyze the role law in entrepreneurship in Kenya. Specifically it is to study the legal challenges entrepreneurs face as they develop and grow their start-ups and to explore two different legal mechanisms in influencing their role as key players in Kenya‘s economic development. This are Intellectual Property Law and Tax Law.
Entrepreneurs are a source of income generation through the provision of new job opportunities, industrial change and innovation, stimulating competition and wealth creation in any economy and the world‘s largest economies have mainly grown as a result of a national entrepreneurial culture.1 The findings of this paper hope to show that any threat or challenge to their development and growth must be undertaken swiftly. It also aims to establish whether it is possible to strike a balance between the need for regulation in the private sector for the good of society and the negative impact it has on entrepreneurs and the economy.
