Social-Cultural and Environmental Entrepreneurship Influence on Performance of Clearing and Forwarding Firms in Kenya
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Date
2021-08Author
Keroti., Richard Osoro
Gichunge., Evangeline
Kirimi., Eunice
Type
ArticleLanguage
enMetadata
Show full item recordAbstract
Across the globe, entrepreneurship is a
critical component of any economic system's
ability to sustain economic growth. It
enables citizens to create their own
economic domains through innovative
business models. Sustainable
entrepreneurship is used to address issues of
social and environmental sustainability and
to transform them into business
opportunities through the use of sustainable
innovations. In Kenya, the clearing and
forwarding sector is dominated by large
firms such as Bollore, Khuene, and
Document Handling Limited (DHL), while
SMEs account for 70% of the market. The
industry contributes between 5% and 10% of
Kenya's Gross Domestic Product (GDP).
Moreover, there are 764 clearing and
Forwarding(C&F) firms operating in Kenya
that serves in more than 25 million tons of
goods through logistic practices. Statistics
also show that the importance of C&F firms
in the economy and production of Kenya
require more attention. Owing to the
importance that C&F sector play in logistic
activities, lack of sustainable
entrepreneurship in the sector will result to
dwindling of the economy and low
employment opportunities. The current
study aimed to determine the effect of
social-cultural entrepreneurship and
environmental entrepreneurship on Kenyan
clearing and forwarding companies'
performance creative information. The
research design for this study was
descriptive. The objective population of the
study was 1128 management staff employed
by clearing and forwarding companies in the
Metropolitan of Nairobi. In the study, 375
respondents from a total 1128 population
were selected using stratified samples. The
study investigated original data gathered
through a survey. The study included
support for research to help the respondents
receive the questionnaire. SPSS was used
for quantitative data collection and code.
Pearson correlation coefficient and
regression analysis were used to analyze
inferential data (multiple regression
analysis). The information was provided in
tables and figures while the interpretation
was expressed in text. In short, the study
showed that factors affecting the
performance of clearing and forwarding
companies in Kenya had an impact. Each
element showed an important positive link
with and impact on C&F companies'
performance. The study demonstrated that
social and cultural entrepreneurship has an
important and beneficial connection with the
development of Kenyan clearing and
transmission enterprises. The success of
clearing and forwarding enterprises in
Kenya is significantly influenced by
environmental enterprise. Finally, the
analysis shows the major impact of
environmental undertakings on the success
of the clean-up and transmission enterprises
in Kenya. The study contributes to the
corpus of knowledge in three ways: first, by
providing conceptual clarity on the
connection between a sustainable company
and the performance of clearing and
transportation businesses. Secondly, by
providing clarity regarding managers'
dispositions toward the variables in
determining where to place a greater
emphasis.
URI
https://iajournals.org/articles/iajhrba_v3_i10_112_143.pdfhttp://repository.kemu.ac.ke/handle/123456789/1434
Citation
Keroti, R.O., Gichunge, E., Kirimi, E. (2021 Social-cultural and environmental entrepreneurship influence on performance of clearing and forwarding firms in Kenya. International Academic Journal of Human Resource and Business Administration, 3(10), 112-143Publisher
International Academic Journal of Human Resource and Business Administration