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dc.contributor.authorOuma, Paul
dc.contributor.authorKilika, James M.
dc.date.accessioned2018-07-09T08:50:51Z
dc.date.available2018-07-09T08:50:51Z
dc.date.issued2018
dc.identifier.citationInternational Journal of Business and Management Vol. 13, No. 7; 2018en_US
dc.identifier.issn1833-3850
dc.identifier.issn1833-8119
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/18504
dc.descriptionResearch Articleen_US
dc.description.abstractThe prevailing business environment is erratic and unreliable. The accomplishment of trade in such environment is determined by an organization’s capability to adjust and respond to environmental variation. Innovation strategies offer a strategic option that can be used to align organization’s assets and competencies with prospects in the external environment in order to heighten survival and long term success of an enterprise. Execution of such a strategic option is likely to result in strategic moves that will register impacts in the market which requires decision makers to consider the timing of their moves that operationalize the strategy in the market. The extant literature has pursued discussions on the construct of innovation strategy separately from that of first mover in spite of the implied indications that the two can be integrated into a strategic management phenomenon that will influence the firm’s performance. This study provides a review of existing theoretical and empirical literature on the perspectives connected to innovation strategies as a strategic option, first mover advantage in the phenomenon leading to performance in the context of microfinance setting. The applicable theories are reviewed, concepts and their operational indicators identified and matched against existing empirical work and nascent knowledge gaps identified. The study finally, suggests a theoretical framework appropriate for progressing knowledge in the field of study together with the associated inferences for future research.en_US
dc.language.isoenen_US
dc.publisherCanadian Center of Science and Educationen_US
dc.subjectFirst-mover advantageen_US
dc.subjectInnovationen_US
dc.subjectInnovation strategyen_US
dc.subjectPerformance and regulatory frameworken_US
dc.titleInnovation Strategies, First Mover Advantage and Performance in the Context of the Microfinance Sector: A Review of Literatureen_US
dc.typeArticleen_US


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