Stakeholders spotlight on public entrepreneurship’s economic virtues

ADDIS ABABA– Public entrepreneurship would play an immense role in bringing holistic development in Ethiopia, the head of various institutions said, stressing the need to advance the issue.

Speaking to the Ethiopian Press Agency (EPA), the Entrepreneurship Development Institute CEO Hassan Hussein (PhD) stated that they have long been implementing the concept at institute level and has registered significant outcomes in this regard.

The CEO also noted that the government needs to open the door to further implement public entrepreneurship and push the promising results registered at the institute level to bring about an auspicious economic progress. “The government has to give prime attention to this issue as fighting maladministration repurposes a huge amount of resources.”

Weighing on the abilities of civil servants in various institutions, Hassan emphasized the need to devise the service entrepreneurship scheme to help them deliver efficient services, ease maladministration and address other institutional service related glitches.

“Currently, various institutions’ workshops have failed to provide the desired services due to the absence of well-facilitated public entrepreneurship engagements and skilled startups.”

On the other hand, the Ethiopian Civil Service Commissioner Mekuria Haile (PhD) said that the public service reform embraces public entrepreneurship that is potentially believed to address the sector’s pressing challenges.

Accordingly, the government has prepared viable policy frameworks in a bid to strengthen the public entrepreneurship implementation. Moreover, public entrepreneurship is a crucial initiative to use time and technologies economically.

Citing the 800 billion Birr budget that is being set for this fiscal year, the commissioner stressed the need to boost entrepreneurship to achieve the intended goals of policymakers.

For the Ethio-Djibouti Railway Corporation CEO Abdi Zenebe (PhD), public entrepreneurship would be more effective when it is executed in common ventures. Having implemented entrepreneurship in a highly enthusiastic manner, the corporation has managed to increase its annual revenue from 1.78 billion Birr to five billion.

“If it is being facilitated and implemented in civil service, public entrepreneurship would be a potential turning point in bringing sustainable economic growth.”

The government and institutions are highly responsible to further deploy enabling systems, create a viable ecosystem for innovators, startups and make structural shifts to better serve the public and the country at large, Abdi commended.

BY ASHENAFI ANIMUT

THE ETHIOPIAN HERALD THURSDAY 18 APRIL 2024

Recommended For You