Kenya Methodist University crestKENYA METHODIST UNIVERSITYDigital Repository
 

Journal Articles

Permanent URI for this communityhttp://41.89.31.6:4000/handle/123456789/313

Welcome to Journal articles community

Browse

Search Results

Now showing 1 - 2 of 2
  • Thumbnail Image
    Item
    Geographical Diversification Strategy and Performance of Family-Owned Businesses in Nairobi, Kenya
    (EPRA International Journal of Economics, Business and Management Studies, 2025-08) Ngare, Lydia Wangu; Kirigia, Paul; Muema, Wilson
    Family businesses have an important role in the development of economies of emerging countries like Kenya. However, despite the numerous efforts to improve the performance of family-owned businesses in Kenya, they continue to face significant challenges that threaten their sustainability. This study aimed at determining the influence of geographical diversification strategy on the performance of family-owned businesses in Nairobi County. It was anchored on the Ansoff Matrix, adopted positivist philosophy and used ex post facto research design. The target population was top and middle managers from 226 family-owned businesses in Nairobi County. The sample size consisted of 399 respondents. Data was collected by structured questionnaires and analyzed through descriptive and inferential statistical methods. The findings established that geographical diversification strategy had a statistically significant (β=0.616, p < .001) relationship with the performance of family-owned businesses. It was concluded that geographical diversification emerges as a vital strategy for enhancing the performance of family-owned businesses. The study recommended that family business owners in Kenya should expand into diverse regions to reduce risks and boost performance. Future studies should explore the influence of geographical diversification on small versus large family businesses in Nairobi County, Kenya.
  • Thumbnail Image
    Item
    Open Innovation Strategy and Performance of Family-Owned Businesses in Nairobi, Kenya
    (EPRA International Journal of Economics, Business and Management Studies, 2025-08) Ngare, Lydia Wangu; Muema, Wilson; Kirigia, Paul
    Family-owned businesses are a vital component of Kenya’s economy, with Nairobi County serving as a key hub for their operations. Despite their economic significance, many face persistent performance challenges. Only 33% survive into the second generation, and a mere 15% reach the third. This decline is largely attributed to lack of open innovation, which limits competitiveness and responsiveness to market changes. The objective of the study was to determine the influence of open innovation strategy on the performance of family-owned businesses in Nairobi County, Kenya. The theoretical foundation of the study was the Strategic Choice Theory, adopted positivist philosophy and used ex post facto research design. The target population was top and middle managers from 226 family-owned businesses in Nairobi County. The sample size consisted of 399 respondents. Data was collected by structured questionnaires and analyzed through descriptive and inferential statistical methods. The findings show that open innovation significantly influences performance of family-owned businesses (β = 0.613, p < .001). It was concluded that open innovation is a transformative strategy for family-owned businesses seeking sustained performance and growth. The study recommended that financial institutions and development agencies should prioritize funding models that incentivize open innovation, enabling family firms to collaborate externally and enhance performance. Such innovation initiatives will empower smaller businesses to remain competitive and resilient in rapidly evolving markets.