SOCIAL-CULTURAL AND ENVIRONMENTAL ENTREPRENEURSHIP INFLUENCE ON PERFORMANCE OF CLEARING AND FORWARDING FIRMS IN KENYA
SOCIAL-CULTURAL AND ENVIRONMENTAL ENTREPRENEURSHIP INFLUENCE ON PERFORMANCE OF CLEARING AND FORWARDING FIRMS IN KENYA
Richard Osoro Keroti - Doctor of Philosophy in Entrepreneurship, School of Business and Economics, Kenya Methodist University, Kenya
Professor Evangeline Gichunge - School of Business and Economics, Kenya Methodist University, Kenya
Dr. Eunice Kirimi - School of Business and Economics, Kenya Methodist University, Kenya
ABSTRACT
Across the globe, entrepreneurship is a critical component of any economic system's ability to sustain economic growth. It enables citizens to create their own economic domains through innovative business models. Sustainable entrepreneurship is used to address issues of social and environmental sustainability and to transform them into business opportunities through the use of sustainable innovations. In Kenya, the clearing and forwarding sector is dominated by large firms such as Bollore, Khuene, and Document Handling Limited (DHL), while SMEs account for 70% of the market. The industry contributes between 5% and 10% of Kenya's Gross Domestic Product (GDP). Moreover, there are 764 clearing and Forwarding(C&F) firms operating in Kenya that serves in more than 25 million tons of goods through logistic practices. Statistics also show that the importance of C&F firms in the economy and production of Kenya require more attention. Owing to the importance that C&F sector play in logistic activities, lack of sustainable entrepreneurship in the sector will result to dwindling of the economy and low employment opportunities. The current study aimed to determine the effect of social-cultural entrepreneurship and environmental entrepreneurship on Kenyan clearing and forwarding companies' performance creative information. The research design for this study was descriptive. The objective population of the study was 1128 management staff employed by clearing and forwarding companies in the Metropolitan of Nairobi. In the study, 375 respondents from a total 1128 population were selected using stratified samples. The study investigated original data gathered through a survey. The study included support for research to help the respondents receive the questionnaire. SPSS was used for quantitative data collection and code. Pearson correlation coefficient and regression analysis were used to analyze inferential data (multiple regression analysis). The information was provided in tables and figures while the interpretation was expressed in text. In short, the study showed that factors affecting the performance of clearing and forwarding companies in Kenya had an impact. Each element showed an important positive link with and impact on C&F companies' performance. The study demonstrated that social and cultural entrepreneurship has an important and beneficial connection with the development of Kenyan clearing and transmission enterprises. The success of clearing and forwarding enterprises in Kenya is significantly influenced by environmental enterprise. Finally, the analysis shows the major impact of environmental undertakings on the success of the clean-up and transmission enterprises in Kenya. The study contributes to the corpus of knowledge in three ways: first, by providing conceptual clarity on the connection between a sustainable company and the performance of clearing and transportation businesses. Secondly, by providing clarity regarding managers' dispositions toward the variables in determining where to place a greater emphasis.
