Exploring Innovativeness Dimension of Corporate Entrepreneurship on Financial Performance of Manufacturing Firms in Kenya
Ngoze M. Lwamba, Prof. Henry Bwisa, Dr. Maurice Sakwa
Abstract
Utilizing the conceptual model of the Entrepreneurial Orientation (EO) performance relationship, we explore the
effect of innovativeness dimension of corporate entrepreneurship (CE) on financial performance of Kenya’s
manufacturing firms. Specifically, we establish the effect of product innovativeness on financial performance; the
effect of process innovativeness on financial performance; and the effect of organizational innovativeness on
financial performance of manufacturing firms in Kenya. Data gathered from 186 manufacturing firms in Kenya
supports hypotheses one (Ho1) and three (Ho3); and rejects hypothesis two ((Ho2). The implications of these
findings for managerial practice, policy makers and future researches are discussed.
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