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

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Author(s): Samwel Macharia Chege (University of Science and Technology Beijing, Beijing, China)and Daoping Wang (University of Science and Technology Beijing, Beijing, China)
Copyright: 2021
Pages: 25
Source title: Research Anthology on Small Business Strategies for Success and Survival
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-7998-9155-0.ch026

Keywords: Business & Management / Business & Organizational Research / Business Science Reference / Small and Medium Enterprises

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

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