Open AccessINFLUENCE OF INNOVATIVENESS ON PERFORMANCE OF STATE CORPORATIONS IN KENYA
Author(s) -
Bruno Mugambi Linyiru,
Rutto Peter Ketyenya
Publication year - 2017
Publication title -
journal of entrepreneurship and project management
Language(s) - English
Resource type - Journals
ISSN - 2520-9116
DOI - 10.47941/jepm.189
Subject(s) - corporation , business , exploit , sample (material) , population , state (computer science) , marketing , entrepreneurial orientation , investment (military) , industrial organization , entrepreneurship , finance , chemistry , demography , computer security , chromatography , algorithm , sociology , politics , computer science , political science , law
Purpose: The purpose of this study was to establish the influence of innovativeness on performance of state corporations in Kenya.Methodology: The study adopted an explanatory research design. The population of the research consists of the 187 state corporations in Kenya as at 2013. The unit of analysis was the state corporation. A purposive sample of 55 commercial state corporations was included in the study. The study used primary data gathered using questionnaires.Results: Results indicated that innovativeness is a key determinant of firm performance for commercial state corporations in Kenya.Policy recommendation: The study recommends that firms can increase the innovative capability of their firms by paying more attention towards learning orientation and entrepreneur orientation to improve performance. The investment in learning based capabilities and developing of entrepreneurial instinct to exploit opportunities plays a key role in the maintenance of innovativeness.