INNOVATION AND PERFORMANCE OF COMMERCIAL GOVERNMENTAL CORPORATIONS IN KENYA
Abstract
Satisfactory performance of the Governmental corporations is crucial to the social economic development of any country. However, their performance has been observed to be unsuitable in a number of ways. The main purpose of this study was to determine the effect of innovation on the performance of commercial Governmental corporations in Kenya. The study was guided by five theories, namely; Resource based view theory, creative theory of entrepreneurship, Institutional. theory, Schumpeter’s innovation theory and theory of corporate entrepreneurship. To obtain a full description of a single phenomenon within its context survey was used as a tool for data collection. The study used causal research design. According to the presidential task group report on state corporations, the studied population in Kenya comprised of 55 commercial Governmental firms. For the purpose of this study, a census of the entire 55 commercial governmental corporation in Kenya was used. The questionnaires were used as an instrument of data collection. The data collected after sorting was coded, and statistical package for social sciences (SPSS version 22) analyzed it. Data was analyzed using descriptive and inferential statistics and results presented in form of tables and graphs. A simple linear regression was carried out in order to ascertain independent factors effects on the dependent variable. The study found that, the level of innovativeness significantly influence performance. The study concluded that innovation practices affect the performance of commercial Governmental organizations. The results provided a basis upon which management of Governmental corporations would enhance their performance through proper management on innovation. The study recommended that management of commercial governmental corporations should embrace and understand dimension of innovation practices.
Key words: Innovations, Entrepreneur Practices, Performance
CITATION: Otieno, N. R. N.,& Juma, D. (2024). Innovation and performance of commercial governmental corporations in Kenya. The Strategic Journal of Business & Change Management, 11 (4), 344 – 358. http://dx.doi.Org/10.61426/Sjbcm.v11i4.3086
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DOI: http://dx.doi.org/10.61426/sjbcm.v11i4.3086
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