Influence of Entrepreneurial Skill on Commercialization of Livestock Farming in Narok County, Kenya

Abstract

The Narok County has a very large population that owns large number of livestock but they still remain poor in terms of accessing health services, taking their children to school and access to other basic needs which this study attributes to poor commercialization of their domestic animal farm products for wealth maximization. The aim of this research was to examine the influence of entrepreneurial skill on commercialization of livestock farming in Narok County, Kenya. Descriptive research was adopted based on its reliability and systematic description of a population. The population of the study included households that engage in livestock farming where a sample size of 384 households was obtained. Primary data was collected from the field through structured self- administered questionnaires. Binary logistics regression analysis. Results showed that holding other factors constant, entrepreneurial skill had a positive and significant effect (B = 1.14, exp B = 3.128, P=0.002). The implication of the result is that entrepreneurial skill has significant effect on commercialization of livestock farming in Narok County, in Kenya. The study concluded that entrepreneurial skills significantly and positively influenced the commercialization of livestock farming in Narok County based on the aforementioned outcomes. These attributes include the ability to effectively manage finances for farming activities, develop business plans for farming enterprises, regularly attend training sessions where farmers are taught entrepreneurship, and make sure to cultivate entrepreneurial abilities that allow farmers to effectively manage livestock farming.