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Influence of Technology Innovation Intensity on Firm Performance: Technology Innovation on Firm Performance - Case of Kenya

Author

Listed:
  • Samwel M. Chege

    (University of Science and Technology Beijing, Beijing, China)

  • Daoping Wang

    (University of Science and Technology Beijing, Beijing, China)

  • Shaldon Leparan Suntu

    (University of Science and Technology Beijing, Beijing, China)

Abstract

The aim of this paper is to assess the effects of technology innovation intensity on firm performance. A sample of 297 businesses funded by the Youth Enterprise Development Fund in Kenya was used as study framework. Correlation and a regression model were used for content analysis. The findings show that technology innovation intensity contributes positively to firm performance, but the entrepreneur characteristic affects the firms' innovation level. Further, the results show low profitability and expansion level among micro and small enterprises. The findings provide information necessary for competitive advantages and recommends the empowerment of entrepreneurs in technology innovation trends for their firm performance. The study endeavors to discover and advance enterprise innovative strategies that are ideally anchored in the technological, organizational, and environmental frameworks. The value of this study is on the approaches of entrepreneur capability in handling technology innovation intensity within a competitive business environment to improve firm performance.

Suggested Citation

  • Samwel M. Chege & Daoping Wang & Shaldon Leparan Suntu, 2020. "Influence of Technology Innovation Intensity on Firm Performance: Technology Innovation on Firm Performance - Case of Kenya," International Journal of Technology and Human Interaction (IJTHI), IGI Global, vol. 16(2), pages 34-52, April.
    • Handle: RePEc:igg:jthi00:v:16:y:2020:i:2:p:34-52
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    Cited by:

    1. Imang, Vachry Arfansyah, 2020. "Bagaimana Media Sosial, Inovasi, dan Hutang Mempengaruhi Kinerja Perusahaan," OSF Preprints 4krnq, Center for Open Science.
    2. Fabiane Tubino Garcia & Carla Schwengber ten Caten & Elaine Aparecida Regiani de Campos & Aline Marian Callegaro & Diego Augusto de Jesus Pacheco, 2022. "Mortality Risk Factors in Micro and Small Businesses: Systematic Literature Review and Research Agenda," Sustainability, MDPI, vol. 14(5), pages 1-37, February.
    3. Bingqiang Li & Shan Wang & Nannan Dong & Jinzhi Li & Xi Li & He Yu, 2023. "Empirical Analysis of Subsidy Industrial Policy’s Effect on Export Innovation in the Chinese Manufacturing," SAGE Open, , vol. 13(4), pages 21582440231, November.

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