IJSSE - International Journal of Social Sciences and Entrepreneurship Upcoming Journals: International Journal of Innovation and Management (IJIM), International Journal of Engineering and Architecture (IJEA) & International Journal of Science and Agriculture | IJAE, IJEF & IJHRP Call for Papers - Forthcoming Issue (Decemer 2014). Submission deadline: 25th December 2014 |

No images

UserInfo


54.226.209.201
United States United States
Your Time

User Statistics Info
IJSSE is one of the leading International Journals by User Statistics!

Login Form



IJSSE Newsletter Form
Full Names *
E-mail Address: *
Country *
PDF Print E-mail

EFFECT OF ENTREPRENEURIAL ORIENTATION ON PERFORMANCE OF ISLAMIC FINANCING AMONG MICRO AND SMALL ENTREPRISES IN KENYA





Kasmara Mukami Dallah

College of Human Resource and Development, Jomo Kenyatta University of Agriculture and Technology

P. O. Box 62000, 00200 Nairobi, Kenya

Corresponding Author email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it



Dr. Wario Guyo

College of Human Resource and Development, Jomo Kenyatta University of Agriculture and Technology

P. O. Box 62000, 00200 Nairobi, Kenya

 

 

 

 

CITATION: Dallah, K., M. & Guyo, W. (2018). Effect of Entrepreneurial Orientation On Performance of Islamic Financing Among Micro and Small Enterprises in Kenya. International Journal of Arts and Entrepreneurship. Vol. 7 (5) pp 20 – 40.

 

 

ABSTRACT


Small and Medium enterprises (SMEs) contribution to the Kenyan economy is widely acknowledged, they cut across all sectors of the economy and provide many employment opportunities and generate widespread economic benefits. However, SMEs face a mixture of success and failure with past statistics indicating that three out five fail within the first few months of operation. The main objective of the study was to investigate the effect of entrepreneurial orientation on the performance of Islamic Financed MSEs in the Kenya. The study also sought to establish the effect of Innovativeness, Risk taking, opportunity recognition and pro-activeness on the performance of Islamic Financed MSE’s in Kenya. The study used a descriptive survey design. The target population of this study was all the 410 SME owners being financed by Islamic banks in Kenya. A formula was used to establish a sample size of 202 respondents. Primary data was collected and analysed descriptively and inferentially. The study found that innovativeness was the most significant factor influencing the performance of MSEs in Kenya most, followed by pro-activeness, opportunity recognition and risk taking. The study also found that financial risk, trusting of employees and investing in high risk projects as measures of risk taking among entrepreneurs were influencing the performance of Islamic financed MSEs. The study established that imitativeness towards competitors, imitativeness towards introducing new products as well as overall position as measures of pro-activeness were influencing the performance of Islamic financed MSEs. The study also established that emphasis on research and development, introduction of new products and changes to the current products as measures of innovativeness were influencing the performance of Islamic financed MSEs. The study revealed that number of opportunities in the past, presence of a vision and number of market opportunities as measures of opportunity recognition were influencing the performance of Islamic financed MSEs. The study recommends that MSE owners should improve their risk taking by taking goods on credit, mentoring and coaching of staff, delegation of duties and taking loans for expand their businesses. The study also recommends that MSE owners should be proactive through the development of strategic plans to guide their organizations on what to be done in the future. In addition, MSE owners should improve on the number of times they conduct industry analysis, competitor analysis or market research to at least twice an year.

Key Words:
Innovativeness, Risk taking, Opportunity Recognition, Pro-activeness, Performance, Islamic Financed MSE’s in Kenya

 

 

Full Text PDF Format

 

 
Banner
Publication Disclaimer: The accountability of the article published in IJSSE journals is entirely of the author(s) concerned and not of the publisher/editor. The view expressed in the articles of any IJSSE journal is those of the contributors, and it does not essentially correspond to the views of the publisher/editor. It is responsibility of the authors to seek copyright clearance for any part of the content of the articles. The publisher/editor of IJSSE journals is not liable for errors or any consequences arising from the exercise of information contained in it.
Free counters!
IJSSE - International Journal of Social Sciences and Entrepreneurship | Copyright 2013 | All Rights Reserved  <