Business & Management
Researchers call for creating of fund to support industrial symbiosis for sustainable entrepreneurship
Government has been advised to create a fund to support Small and Medium Enterprises to implement symbiotic practices, which they say will foster sustainable development.
Dr. Saadat Kimuli Nakyejwe, the principal investigator, and Dr. Kasimu Sendawula from Makerere University Business School and the College of Business and Management Sciences at Makerere University, respectively, argued that if firms practice industrial symbiosis (working together to forge a mutually beneficial relationship), they are bound to grow. This symbiosis may take different forms, such as knowledge sharing, raw material sharing, and the sharing of machines and space, among other things.
Dr. Saadat said these mutually beneficial relations will result in more profitable businesses, conservation of the environment, reduction in production costs, and creation of jobs. Furthermore, he emphasized that industrial symbiosis can also lead to innovation and increased competitiveness within industries. By collaborating and leveraging each other’s resources, firms can develop new products and services that meet evolving market demands. Ultimately, this not only benefits individual businesses but also contributes to overall economic growth and sustainability.
Dr. Kasimu Sendawula, the Co-PI of the project, said there is a need to sensitize entrepreneurs about the benefits of industrial symbiosis, emphasizing that it can lead to cost savings through resource efficiency and waste reduction. Additionally, industrial symbiosis can foster a more circular economy by promoting the reuse and recycling of materials, reducing environmental impact, and promoting sustainable practices.
The research was looking at “Exploring the Potential of industrial Symbiosis as an Innovative strategy to foster sustainable Entrepreneurship in Micro and Small Enterprises in Uganda” a research funded by Makerere University Research and Innovations Fund.
The researchers also called for an amendment to the current Micro, Small, and Medium Enterprise (MSMEs) policy so that it can address the environmental, social, and economic issues undermining the potential of MSMEs to undertake industrial symbiosis. By incorporating industrial symbiosis into the MSMEs policy, it can provide the necessary support and incentives for businesses to adopt sustainable practices. This would not only benefit the environment but also enhance the competitiveness and resilience of MSMEs in the long run. The team also called on the government to put in place a symbiotic fund to support organizations. This fund could provide financial resources and technical assistance to MSMEs interested in implementing industrial symbiosis initiatives. Additionally, the team suggested that the government should collaborate with industry associations and experts to develop training programs and knowledge-sharing platforms to help MSMEs navigate the challenges and opportunities of industrial symbiosis.
Ms. Nakalembe Betty, one of the entrepreneurs that participated in the research, shared with participants during the research dissemination on November 9, 2023, that she had successfully implemented an industrial symbiosis initiative in her textile business. She emphasized the importance of networking and building relationships with other businesses in order to identify potential symbiotic partnerships. Ms. Nakalembe also highlighted the positive impact that industrial symbiosis had on her business’s sustainability practices and overall profitability. She shared that since the training, she has been able to use the waste textile materials to make decorative materials, masks, and glass covers, among other products. This, she said, has reduced her waste disposal and also increased her income. Additionally, Ms. Nakalembe mentioned that through industrial symbiosis, she has been able to establish a network of suppliers and customers who are interested in sustainable products. This has not only expanded her market reach but also allowed her to contribute to the circular economy by promoting the reuse and repurposing of materials. As a result, her business has become more resilient and environmentally conscious, positioning her as a leader in sustainable practices within her industry.
Ms. Natayi Aisha, who is in charge of recycling at Luuka Plastics, also shared that the company recycles plastic and polynene bags in an effort to reduce waste and minimize their environmental impact. By implementing recycling practices, Luuka Plastics is able to divert plastic waste from landfills and give it a new life, reducing the need for virgin materials and conserving valuable resources. This not only benefits the environment but also creates a positive image for the company, attracting eco-conscious customers who appreciate their commitment to sustainability.
Mr. Galiwango Hamza, the Director of Industrial Parks at the Uganda Investment Authority, welcomed the recommendations of the research team, saying that industrial symbiosis aligns with Uganda’s goals of promoting sustainable industrial practices. He emphasized the importance of companies like Luuka Plastics in driving economic growth while minimizing environmental impact. Additionally, Mr. Hamza expressed his hope that other businesses would follow suit and adopt similar practices to contribute to a greener and more sustainable future for Uganda. Mr. Ezra Byakutangaza, from the Research and Innovation Fund of Makerere University, the funding agency, congratulated the researchers and also thanked the government for the continued funding of research and innovation.
Research Team
- Dr. Saadat Kimuli Nakyejwe
- Dr. Sendawula Kasimu
- Ms. Shamirah Najjinda
- Eng. Dr. Ismail Kizza K.
Staff members from the Department of Population Studies, within the School of Statistics and Planning at Makerere University, have successfully completed a comprehensive three-day training on Doctoral Supervision. The training, held from June 28 to June 30, 2024, was meticulously conducted by esteemed faculty from the College of Education and External Studies, alongside experts from the Directorate of Research and Graduate Training.
The initiative, aimed at enhancing the supervisory skills of doctoral advisors, underscores Makerere University‘s commitment to academic excellence and robust research mentorship. The Deputy Principal of the College of Business and Management Sciences, Prof. James Wokadala, officiated the closing ceremony, commending the participants for their dedication and active engagement throughout the training sessions.
“We are committed to fostering a supportive and rigorous research environment for our doctoral candidates. This training is a testament to our dedication to academic excellence and effective mentorship,” remarked Prof. Wokadala in his closing address.
He said the college has got plans to improve PhD graduation levels, some of which include appointing two PhD coordinators per school. He asked the staff to exhibit high ethical standards while supervising the students.
The training program was generously funded by a grant from the Carnegie Corporation, secured by Dr. Patricia Ndugga. The grant facilitated a series of interactive workshops, case studies, and collaborative discussions, designed to equip the faculty with advanced supervisory techniques and strategies to support doctoral students effectively.
Dr. Patricia Ndugga expressed her gratitude for the support, stating, “This training is a significant step towards enhancing the quality of doctoral supervision at Makerere University. We are grateful to the Carnegie Corporation for their continued support in our quest to improve research training and mentorship.”
The participants, who included both seasoned and emerging academic staff, have expressed their enthusiasm for applying the new skills and knowledge gained to their supervisory roles, thereby enriching the academic journey of their doctoral students.
Makerere University remains steadfast in its mission to provide top-tier education and research training, continuously seeking avenues to enhance the capabilities of its faculty and the academic experience of its students.
In a key gathering at College of Business and Management Sciences’ School of Economics, stakeholders from diverse sectors convened yesterday (June 20, 24) to envision the future of economic education in Uganda. The occasion centered around the unveiling of the proposed Bachelor of Science in Development Economics, a program poised to reshape how economic challenges are addressed and opportunities harnessed in the country.
Among the esteemed speakers were Prof. Edward Bbaale, Principal of the college, and Prof. Ibrahim Mike Okumu, Dean of the School of Economics, whose shared enthusiasm for the new program underscored its potential impact. “This initiative aligns seamlessly with Uganda’s Development Goal Vision 2030 and the National Development Plan III (NDPIII),” Prof. Bbaale remarked. “Our aim is to empower students with the knowledge and skills to drive sustainable development across the nation.”
“Our aim is not only to contribute to the development of Uganda but also to impact the wider African region and beyond,” Prof. Bbaale said.
Development Economics, as emphasized by Prof. Okumu, represents a fusion of economic theory and practical application aimed at fostering inclusive growth and poverty reduction. “This program,” he explained, “is not just about classroom learning; it’s about preparing future economists to engage directly with real-world challenges and policy-making processes.”
With an emphasis on research-led teaching and innovative approaches to economic analysis, the Bachelor of Science in Development Economics aims to position graduates as thought leaders capable of driving sustainable economic growth and development.
The workshop provided a dynamic forum for stakeholders from the Ministry of Finance, Planning and Economic Development, as well as representatives from KCCA, CHUSS, CONAS, URA, and the private sector, to offer valuable insights. Discussions centered on curriculum design, industry relevance, and collaborative opportunities, reflecting a shared commitment to equipping graduates with the skills demanded by today’s economy.
“The Ministry of Finance recognizes the pivotal role of this program in advancing Uganda’s economic agenda,” noted a representative during the workshop. “By focusing on development economics, we are fostering a cadre of professionals capable of driving innovation and sustainable growth.”
From the private sector, there was a clear call for graduates who possess not only theoretical knowledge but also practical experience. “We look forward to collaborating with the School of Economics to ensure that students gain hands-on skills that are directly applicable to our evolving business landscape,” remarked a representative from a leading industry player.
Looking forward, the School of Economics aims to integrate stakeholder feedback into finalizing the program’s curriculum and securing necessary accreditation. With an emphasis on research and policy analysis, the Bachelor of Science in Development Economics aims to prepare graduates to become catalysts for change, equipped to navigate Uganda’s economic complexities.
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