Tag Archives: Social entrepreneurship

The Extent to Which Individual and Organizational Factors Influence Performance of Enterprise Based Parastatals in Kenya (Published)

This paper sought to determine the extent to which individual and organizational social entrepreneurship factors influence the performance of enterprise based parastatals in Kenya. The study adopted a descriptive research design. The study used 55 enterprise based parastatals with a population of 495 top managers. Using stratified and simple random methods, 432 respondents were randomly selected from amongst the 55 commercially oriented parastatals in Kenya. The respondents comprised of top managers and senior managers from the 55 parastatals. The questionnaire and key informant interview schedule were used to collect data. Secondary data were collected from financial and audited statements. Coefficients between individual and organizational factors and firm performance elements obtained from factor analysis were computed to explore possible strengths and direction of relationships. Binary logistic regression analysis was conducted and this was used to make interpretations and conclusions. The study established a significant relationship between individual and firm /organizational factors and performance of enterprises based parastatals in Kenya. The study recommended that policies be formulated to regulate business in enterprise based parastatals in Kenya.

Keywords: Enterprise Based Parastatals, Firm Performance, Individual Factors, Organizational factors, Social entrepreneurship

Influence of Organizational Resources and Environmental Social Entrepreneurship Factors on Performance of Enterprise Based Parastatals in Kenya (Published)

Social entrepreneurship (SE) factors are said to lead to higher sales, profits and increased productive employment of private sector enterprises in Kenya, Africa and the world in general. Despite these successes, little is known whether these factors have a relationship with the performance of commercially oriented parastatals. This study sought to determine how organizational resources and environmental factors affect the performance of enterprise based parastatals in Kenya. The study adopted a descriptive research design. The study population consisted of 55 enterprise based parastatals with a population of 495 top managers. Using stratified and simple random sampling techniques, 432 respondents were selected from amongst the 55 commercially oriented parastatals in Kenya.   A questionnaire and key informant interviews were used to collect data. Secondary data was collected from financial and audited statements. Coefficients between independent variables (firm resources and environmental factors) and (firm performance) elements obtained from factor analysis were computed to explore possible strengths and direction of relationships. Binary logistic regression analysis was conducted and this was used to make interpretations and conclusions. The study established a significant relationship between organizational and environmental factors respectively with performance of enterprises based parastatals in Kenya. The study recommended that policies that integrate social entrepreneurship in enterprise based parastatals in Kenya should be formulated for the enterprises to achieve their intended objectives and for improved performance. The policies should ensure among others that prudent use of organizational resources and exploitation of environmental factors are integrated as core aspects of the management of the organizations.

Keywords: Enterprise Based Parastatals, Firm Performance, Organizational Resources. Environmental Factors, Social entrepreneurship

Contributions and Challenges of Entrepreneurship in Nigeria: A Sociological Analysis (Published)

Entrepreneurship is an area that has attracted the interest of various researchers, academics, government as well as private individuals. To this end, researchers in this field have adopted multidisciplinary approach in the study of entrepreneurship. One of the disciplines that has shown a heightened interest in the study of entrepreneurship is sociology. Thus, this work adopts a sociological approach in investigating the contributions and challenges of entrepreneurship to the socio-economic development of Nigeria.

Keywords: Development, Entrepreneurship, Social entrepreneurship, Socio-Economic Environment, Sociology