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{
    "id": 1089250,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1089250/?format=api",
    "text_counter": 150,
    "type": "speech",
    "speaker_name": "Sen. Murkomen",
    "speaker_title": "",
    "speaker": {
        "id": 440,
        "legal_name": "Onesimus Kipchumba Murkomen",
        "slug": "kipchumba-murkomen"
    },
    "content": "ensure that the information is availed to every Kenyan who would like to start a new business. The other question that people will ask is where is the money? This Bill answers that question by establishing incubators; people who are willing to put their money in assisting the upcoming businesses. Even though we have not used examples from other parts of the world, we know that many businesses in other parts of the world work so closely with research and technology departments in the universities. Most of those institutions look out for students who have the potential to establish good businesses. They provide for them capital, absorb them in their companies, buy their ideas or assist them to build their ideas to grow to bigger companies. We know that many technology owners in the United States of America (USA) who are based in California are university dropouts, including the owners of Google and Facebook. Some left the university while other went ahead to complete their studies. Since such innovators have Government and private sector that recognize the importance of startups their businesses were able to grow to become multinational companies and investments that are beneficial to many of us, including this Republic. Madam Deputy Speaker, picking from Sen. Cheruiyot left, the problem is not the law. I would like Sen. Sakaja to listen to me carefully. For purposes of the improvement of this Bill, there must be an interlink between this Bill and many other Bills that are already in existence dealing with similar issues that have been raised. For example, what is the relationship between this Bill and the provisions of the Science and Technology Law and Institutions that are already established in the Bill. This Bill proposes that research and development shall be the focus of the agency that is being established here. However, what happens to the Science and Technology Law and Institutions that has been established under the Science and Technology Act which is the National Council for Science and Technology whose responsibilities are to assist researchers to translate their research into innovations that are consumed in the market place. That interlink is very important between this Bill and the Science and Technology Act. The other issue that must be looked at is the link between this Bill and the Intellectual Property Laws Institutions, including the Kenya Industrial Property Institute (KIPI) and all the other institutions that have the responsibility to help and assist Kenyans to use their technology in the market place. If we do not do that, my fear is that we will create another parastatal or agency thus create another bureaucracy which will take a lot of administrative overheads with a managing director, staff, creating more offices all over the country and so on. You will find out that every year, the tax payer will be forced to give such an institution at least Kshs300 million to cater for the overheads. I have worked in a parastatal before as a director so I know the figures involved. If we put together all the agencies that perform a similar responsibility to create one entity which is going to be the place of running all these businesses. For example, if we create this, what will happen to the Youth Fund or the other institutions that deal with youth, women and innovation? I am not saying that I have an answer now or that I have an exhaustive lead of the institutions that we are dealing with. The challenge that we have"
}