Entrepreneurial Competencies and Growth of Micro and Small Enterprises in Nairobi City County, Kenya
| dc.contributor.author | Owino, Phynlee Otieno | |
| dc.date.accessioned | 2024-09-18T08:07:49Z | |
| dc.date.available | 2024-09-18T08:07:49Z | |
| dc.date.issued | 2023-10 | |
| dc.description | A Research Project Submitted to the School of Business, Economics and Tourism in Partial Fulfillment of the Requirement for the Award of the Degree of Master of Business Administration in Entrepreneurship of Kenyatta University, October 2023. Supervisor Mary Namusonge | |
| dc.description.abstract | Rapid technological advances have resulted in a complex and competitive environment in which micro and small businesses (MSEs) must constantly adapt and grow. To ensure their survival and growth, MSE managers must deal with environmental pressures that necessitate a high level of entrepreneurial competence in a variety of areas. The research sought to investigate the influence of Entrepreneurial competencies on growth of micro and small enterprises in Nairobi City County, Kenya. The specific objectives are to examine the effect of Risk-Taking, Leadership, Innovation and Networking on growth of micro and Small Enterprises. The study employed four theories: Profit maximization theory, Schumpeter Innovation theory of profit, and Social networking theory. The study employed a descriptive research design and relied on primary data collected through the use of questionnaires that were closed-ended. The target population was 1552 micro and small enterprises in Nairobi City County. The study sample consisted of 318 Owner manages of MSEs which was arrived at through stratified sampling. The opinion of experts was used to ensure the validity of the questionnaire while reliability was conducted by use of Cronbach Alpha coefficients at 07 threshold. Descriptive statistics were analyzed using frequencies, percentages, means, and standard deviations. To confirm the existence of a relationship between the research variables, inferential statistics were analyzed using bivariate correlation analysis and multiple linear regression analysis. The results showed that entrepreneurial competencies of (risk-taking, leadership, innovation and networking) have a significant and positive influence on the growth of MSEs in Nairobi City County thus improving their probabilities of growth. The research recommends the MSEs should strategically revamp the four entrepreneurial competencies of risk-taking, leadership, innovation and networking to further enhance business growth and gain a competitive edge. | |
| dc.description.sponsorship | Kenyatta University | |
| dc.identifier.uri | https://ir-library.ku.ac.ke/handle/123456789/28805 | |
| dc.language.iso | en | |
| dc.publisher | Kenyatta University | |
| dc.title | Entrepreneurial Competencies and Growth of Micro and Small Enterprises in Nairobi City County, Kenya | |
| dc.type | Thesis |