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The Influence of the Entrepreneur's Open Innovation Strategy on Firm Performance: Empirical Evidence From SMEs in Kenya

The Influence of the Entrepreneur's Open Innovation Strategy on Firm Performance: Empirical Evidence From SMEs in Kenya

Samwel Macharia Chege, Daoping Wang
Copyright: © 2021 |Pages: 25
ISBN13: 9781799891550|ISBN10: 1799891550|EISBN13: 9781799891567
DOI: 10.4018/978-1-7998-9155-0.ch026
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MLA

Chege, Samwel Macharia, and Daoping Wang. "The Influence of the Entrepreneur's Open Innovation Strategy on Firm Performance: Empirical Evidence From SMEs in Kenya." Research Anthology on Small Business Strategies for Success and Survival, edited by Information Resources Management Association, IGI Global, 2021, pp. 522-546. https://doi.org/10.4018/978-1-7998-9155-0.ch026

APA

Chege, S. M. & Wang, D. (2021). The Influence of the Entrepreneur's Open Innovation Strategy on Firm Performance: Empirical Evidence From SMEs in Kenya. In I. Management Association (Ed.), Research Anthology on Small Business Strategies for Success and Survival (pp. 522-546). IGI Global. https://doi.org/10.4018/978-1-7998-9155-0.ch026

Chicago

Chege, Samwel Macharia, and Daoping Wang. "The Influence of the Entrepreneur's Open Innovation Strategy on Firm Performance: Empirical Evidence From SMEs in Kenya." In Research Anthology on Small Business Strategies for Success and Survival, edited by Information Resources Management Association, 522-546. Hershey, PA: IGI Global, 2021. https://doi.org/10.4018/978-1-7998-9155-0.ch026

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Abstract

This article helps identify the main factors influencing the performance of small and medium agribusiness enterprises in Kenya. The study proposes five research hypotheses, each tested on a sample of 150 agribusiness enterprises using multiple regression analysis. The results show that the use of external partners, such as scientific research establishments and commercial consultants, influences the firm's performance. This influence is moderated by factors like internal capabilities and the firm's degree of openness to innovation.

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