Entrepreneurial Competences and Entrepreneurial Performance: Empirical Insights of Female Entrepreneurs in Kenya.

Authors

  • Kimeu Muindi Vrije Universitiet, the Center for Entrepreneurship @ VU, Faculty of Economics and Business Administration, Department of Management & Organization and at Moi University, School of Business and Economics, Department of Management Science and Entrepreneurship, Eldoret, Kenya.
  • Bernard Kibeti Nassiuma School of Business and Economics, Department of Entrepreneurship Studies, Box 3900-30100, Moi University, Eldoret, Kenya
  • Enno Masurel Amsterdam Center for Entrepreneurship @VU, Vrije Universiteit Amsterdam, The Netherlands. De Boelelaan 1105, 1081 HV Amsterdam
  • Kees van Montfort Department of Marketing and Supply Chain Management, Nyenrode Business University, Breukelen, The Netherlands and Erasmus University Rotterdam, Rotterdam, The Netherlands

DOI:

https://doi.org/10.29358/sceco.v0i32.455

Keywords:

small and micro enterprises, female entrepreneurs, entrepreneurial competences, entrepreneurial performance, firm performance, development of personal wealth, social performance

Abstract

The purpose of this paper is to examine entrepreneurial competences among female entrepreneurs within the context of developed countries which have been greatly neglected in the same context of emerging economies. This empirical research is based on a survey of 301 micro and small enterprises located in Uasin Gishu County, Kenya, run by female entrepreneurs. Its focus is on the following entrepreneurial competences: the need for achievement, locus of control, tolerance of ambiguity, innovativeness, risk-taking propensity, self-efficacy, egoistic passion; goal setting; resilience; trustworthiness; emotional stability; and patience. In measuring entrepreneurial performance, the constructs of firm performance, development of personal wealth, and social performance were used. The findings show that a proper measurement instrument has been applied to check on the constructs of entrepreneurial competences and entrepreneurial performance. The paper makes a finding that entrepreneurial competences do exist among female entrepreneurs in emerging economies. However, it was established that there is hardly any correlation between entrepreneurial competences and entrepreneurial performance. This finding, presents a stimulating area for further research within the contextual framework of emerging economies. The study contributes to the advancement of the literature on entrepreneurial competences and how they relate to the entrepreneurial performance of female entrepreneurs in an emerging economy context.

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Author Biographies

  • Kimeu Muindi, Vrije Universitiet, the Center for Entrepreneurship @ VU, Faculty of Economics and Business Administration, Department of Management & Organization and at Moi University, School of Business and Economics, Department of Management Science and Entrepreneurship, Eldoret, Kenya.

    Kimeu Muindi  is a lecturer of Entrepreneurship at the School Business and Economics Moi University, Eldoret, Kenya, Department of Entrepreneurship and Quantitative studies. He holds a Master of Science in Entrepreneurship from Jomo Kenyatta University of Science and Technology and currently a PhD researcher at the Center for Entrepreneurship @ VU, at the Faculty of Economics and Business Administration, Department of Management & Organization of VU University Amsterdam. His Phd dissertation is on the Antecedents of Sustainable Livelihoods in Entrepreneurship with particular focus on Female entrepreneurs in Kenya, his current research focuses on the effects entrepreneurial concepts such as entrepreneurial competence, entrepreneurial orientation and the role of incremental innovation towards entrepreneurial performance of firms in the trade sector.

  • Bernard Kibeti Nassiuma, School of Business and Economics, Department of Entrepreneurship Studies, Box 3900-30100, Moi University, Eldoret, Kenya
    Bernard Nassiuma currently works at the Department of Management Science and Entrepreneurship Studies, Moi University. His current projects are; 1). Contingent effect of Role models and Managerial competencies in the relationship between Women Entrepreneurs profile and access to livelihood assets.
  • Enno Masurel, Amsterdam Center for Entrepreneurship @VU, Vrije Universiteit Amsterdam, The Netherlands. De Boelelaan 1105, 1081 HV Amsterdam
    Department of Management and Organization

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Additional Files

Published

30.12.2020

Issue

No. 32 (2020)

Section

Articles

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How to Cite

Muindi, K., Nassiuma, B. K., Masurel, E., & van Montfort, K. (2020). Entrepreneurial Competences and Entrepreneurial Performance: Empirical Insights of Female Entrepreneurs in Kenya. Studies and Scientific Researches. Economics Edition, 32. https://doi.org/10.29358/sceco.v0i32.455
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