An Empirical Analysis of Innovative Strategies and the Growth of Solar Energy Companies in Nairobi County, Kenya (original) (raw)
Related papers
Effect of Innovation Strategies on Performance of Firms in the Telecommunication Sector in Kenya
2012
One ways to achieving growth and sustaining performance is to encourage and foster innovative practices and creativity internally within the institution. The objective of this paper is to investigate the effect of innovation strategies adopted by firms in the telecommunication industry in Kenya on performance. Data was analyzed though descriptive statistics and the relationship between the variables established using regression analysis. The descriptive statistical tools such as Statistical Package for Social Sciences (SPSS) and MS Excel were used to help the researcher describe the data and determine the extent. The data was presented through percentages, means, standard deviations and frequencies. The paper concludes that adoption of innovation strategies affected performance of the firms to a great extent.
Zenodo (CERN European Organization for Nuclear Research), 2023
The corporate organizations are facing cut throat competition, illiquidity, capital inadequacy , and threatened growth in wealth, especially the dry cell battery manufacturing companies in Kenya. They have been faced by dire consequences of fundamental changes taking place in the business environment, such as liberation of both domestic and foreign market; reform programs aimed at modernization of the capital market. The study sought therefore to establish the influence of strategic techniques put in place by dry cell battery manufacturing companies in Kenya on their quest for competitive advantage. Specifically, the study sought to est ablish how product development, technology innovation, and competitor's analysis implementation influences the competitive advantage of dry cell battery manufacturing companies in Kenya. Research design was a case study. The target population was all dry cell battery manufacturing companies listed in the Nairobi Stock Exchange Market, which was one company (Eveready East Africa Limited). The unit of analysis was 250 employees. Sample size of 79 employees was derived from the target population. Stratified proportional sampling was used. The study used both primary and secondary data. The main instrument in data collection was semi-structured questionnaire, which was issued to employees at senior level management, middle level management, first level management, and junior staff. The Collected data was coded, analyzed, and presented in form of tables and figures by statistical packages for social science (SPSS). The study established that technology innovation, product development, and competitor's analysis have statistically significant influence on the competitive advantage of dry cell manufacturing companies in Kenya. Based on findings, the study concluded that the company faces serious specific challenges that required immediate attention. The study recommended for improvement in technology innovation and change in governance to the organization, further reduction in cost of production, and human resource development, among other recommendations.
The University Journal
This paper examined the impact of technology innovation strategy on the completion of strategic projects in the electric power subsector in Kenya. Motivated by high cost of large projects planned and implemented but got abandoned or delayed, the study sought to model the relationship between technology innovation strategy and the completion of projects. Employing a mixed method approach, this study collected quantitative data, using structured questionnaire, from targeted managers of corporations in the subsector; and used an interview schedule to collect qualitative data from key informants-representatives of the Ministry of Energy, donors and project contractors. A total of 166 respondents out of the targeted 223 filled the questionnaire. Key informants were interviewed until saturation was reached. Factor analysis was used to test reliability and validity of the variable constructs and to confirm that they were suitable for use to generate useful statistics to inform the study....
Effect Of Innovation On Competitive Advantage Of Telecommunication Companies In Kenya
2013
The purpose of the study was to investigate the effects of financial innovation on competitive advantages of telecommunication companies in Kenya. The study used survey co-relational research design. The target population for the study was comprised of 250 respondents. The study used both secondary data and primary data collected using questionnaires both structured and unstructured. Data reliability and validity was tested subsequent to the data collection. Quantitative data was analysed using descriptive statistics while qualitative data was analyzed using content analysis. The data collected was coded and analysed using the statistical package for social sciences (SPSS). The responses from the unstructured questions was organized into themes due to their qualitative nature and then coded appropriately for analysis. The study findings made the following conclusions and recommended on the same: telecommunications companies indicated growth through financial innovations that gave them a competitive advantage in the ICT (Information, Communication and Technology) field; financial innovation affects positively the performance of telecommunications companies to a great extent hence they are considered often important for developing services in the telecommunication companies giving them the competitive advantage in the telecommunications field; telecommunication companies have different aims of financial innovations that provide the companies with the competitive advantage. From the study the major objective of financial innovation is process evaluation and the dimensions of financial innovations were identified as product, service innovation and process innovation. From the study, product innovation was rated to a great extent having the greatest positive financial performance according to the organisation s objectives. v LIST OF ACRONYMS ATMs Automated Teller Machines
25 | P a g e The Influence of Innovativeness on the Growth of SMEs In Kenya
2015
Innovation is the process of creating a commercial product from an invention. Innovation can deliver four types of benefits besides cash: knowledge, brand, ecosystem and culture. The main objective of the study was to establish the influence of innovativeness on the growth of SMEs in Kenya. The study adopted descriptive survey and exploratory design. The study targeted 4560 SMEs in Nairobi County who are registered by Ministry of Industrialization and Ministry of Trade. Regression models were used to examine the influence of innovativeness skills on growth of SMEs in Kenya. Questionnaires were used as the main data collection. Descriptive statistics and inferential data analysis method was to analyze the gathered data. The findings indicated that innovativeness influences the growth of SMEs in Kenya. The tendency of owner/manager to engage in and support new ideas, novelty, experimentation and creative processes results in new products, services or technological processes which has ...
Journal of business and strategic management, 2022
Purpose: The main aim of this study was to assess the influence of innovation strategies on performance of Internet Service Provider Companies in Nairobi Kenya. The study specifically aims at assessing the influence of product innovation, process innovation, market innovation and technological innovation on performance of Internet Service Provider Companies in Nairobi Kenya. Despite the substantial number of empirical studies in strategic management, research on the relationship between innovation strategies and firm performance has not yet reached a definitive consensus on whether firms are better off remaining focused or diversifying in different businesses. Methodology: The study adopted the Diffusion of Innovation Theory, Technology Acceptance Model, Resource Based View, Herman Kahn Scenario Thinking Theory and Theory of disruptive innovation. This research used a descriptive survey design. The study population was 228 managers from Marketing, IT, Product Development and Business Intelligence drawn from the 60 internet Service provider companies licensed by Communication Authority of Kenya. The study adopted stratified sampling technique. The sample size was 146 respondents. This study used primary data obtained from the original sources using questionnaires. Data collected from the questionnaires was converted from responses to quantitative format for ease in analysis using statistical package for social sciences (SPSS). The statistics generated was descriptive statistics which included frequencies and percentages and inferential statistics which included a multiple linear regression. A multiple linear regression model was used to show the relationship between the dependent and independent variables.
Technological innovation and competitive advantage in telecommunication companies in Kenya
International Journal of Research in Business and Social Science (2147- 4478), 2020
Previous studies have established that the telecommunications industry in Kenya is characterized by decreasing voice revenues, many regulations, technological progress and varying consumer needs. This phenomenon has resulted in industry companies developing sound innovation strategies to make sure they form a competitive advantage over their rivals with the aim of ensuring their survival and growth in the evermore cut-throat marketplace. Nevertheless, in spite of the essential part played by these innovation strategies to safeguard competitive advantage, several companies have failed to translate the plans into reality. Therefore, the major objective of this study was to investigate the influence of technological innovation on the competitive advantage of telecommunication companies in Kenya. Technological innovation was measured by expansion of Global System for Mobile Communications (GSM) networks; new equipment and software; and partnerships and synergies. To satisfy the objectiv...
Market Innovation and Competitive Advantage of Telecommunication Companies in Kenya
European Journal of Management Issues, 2021
Research question. To survive, organizations must have a competitive advantage in order to stay ahead of the competition. Market innovation has remained the driving force behind most market expansions and stability in the turbulent nature of global economies. The research question for the study thus was, “do market innovations influence the competitive advantage of telecommunication companies in Kenya?” Design/Method/Approach. Using the philosophy of positivism, the study adopted an explanatory research design in testing the hypothesis. The main data collection instrument was a structured questionnaire using both physical conduct and online interactions to return 247 responses from mid and top-level managers in a total of 26 active telecommunications companies in Kenya. The study used both descriptive and inferential statistics using SPSS computer application to analyze the data. Findings. The study findings established that innovative distribution channels significantly influenced ...