DIGITAL TECHNOLOGY ENTREPRENEURSHIP AND PERFORMANCE OF DEPOSIT TAKING SACCOS IN NAIROBI CITY COUNTY, KENYA
Abstract
This research study sought to assess the effect of digital technology entrepreneurship on performance of deposit taking SACCOs in Nairobi City County, Kenya. The study was guided by the following specific objectives to assess digital knowledge management on performance of Deposit Taking SACCOs in Nairobi City County, Kenya and to establish the effect of e-Procurement on performance of Deposit Taking SACCOs in Nairobi City County, Kenya. The unit of analysis for this study was DT-SACCOs in Nairobi County. The unit of observation of this study was Finance, Human Resource, ICT and Property manager’s top managers in the selected 43 deposit-taking SACCOs in Nairobi County, Kenya because they are in charge of daily entrepreneurial activities in the companies. The target population was therefore 215 respondents. Yamane formula was adopted to calculate the study sample size of 139 respondents. This study used primary data collected using a semi- structured questionnaire. Statistical Package for Social Sciences (SPSS) was used to analyze the data. Descriptive and inferential statistics was computed and findings presented in tables and figures, The study concludes that digital knowledge management has a positive and significant effect on performance of Deposit Taking SACCOs in Nairobi City County, Kenya. The study also concludes that e-procurement has a positive and significant effect on performance of Deposit Taking SACCOs in Nairobi City County, Kenya. This study recommends that Deposit Taking SACCOs in Nairobi City County, Kenya should prioritize embracing and investing in technological solutions that are specifically tailored to enhance their operations. This could include adopting robust banking software, mobile banking applications, online platforms, and other digital tools that can improve efficiency, streamline processes, and enhance customer experiences.
Key Words: Digital technology entrepreneurship, Digital knowledge management, E-Procurement, Performance, Deposit Taking SACCOsFull Text:
PDFReferences
Akkermans J., (1999). Electronic Cash and the End of National Markets” Foreign Policy, No. 107 (Summer), pp. 65-67
Al-Ahbabi et al., (2017). “A knowledge management framework for enhancing public sector performance,” Int. J. Knowl. Manage. Stud., 8(3/4), 329–350,
Ardolino, M.; Rapaccini, M.; Saccani, N.; Gaiardelli, P.; Crespi, G. & Ruggeri, C. (2018). The role of digital technologies for the service transformation of industrial companies. Int. J. Prod. Res, 56, 2116–2132. [CrossRef]
Bandara, W. I. (2017). Major issues in Business Process Management: an Expert Perspective. BP Trends, 1-8
Baraev R (2019). The performance of Internet-based business models: Evidence from the banking industry. Journal of Business 78 (3), 893–947.
Brocke, J. & Rosemann, M. (Ed) (20190): Handbook on Business Process Management 2: Strategic Alignment, Governance, People and Culture, Springer, Berlin
Business Daily, Tuesday July 27th 2019
Butzlaff, D.A. (2020). Multilevel entrepreneurship research: Opportunities for studying entrepreneurial decision making. Journal of Management, 37(2), 412–420
Chaudhury, S., & Hartzel, P. (2018). Does social capital have an economic payoff? A cross-country investigation. The Quarterly Journal of Economics, 112(4), 1251–1288.
Christopher, M., (1992). Challenges for Monetary Policy: New and Old, Bank of England Quarterly Bulletin, November.
Cicirett, G., Hassan, T., & Zazzra, A. (2019). Supporting sustainable innovation through stakeholder management: A systems view. Int. J. Innov. Learn., 5, 595–616.
Covin, J. & Slevin, D. (2016). Strategic Process Effects on the Entrepreneurial Orientation–Sales Growth Rate Relationship. Entrepreneurship Theory and Practice. 30. 57 - 81. 10.1111/j.1540-6520.2006.00110.x.
Davhana, S. (2019). Digital entrepreneurship: Toward a digital technology perspective of entrepreneurship. Entrepreneurship Theory and Practice, 41(6), 1029–1055.
Davidson, E., & Vaast, E. (2019). Digital technology entrepreneurship and its socio-material enactment. In: 43rd Hawaii International Conference on System Sciences (HICSS), 1–10. IEEE
Didier, T., & Olsson, T.M (2017). Effects of banking sectoral factors on the profitability of Commercial banks in Kenya. Economic and Finance Review, 1(5), 1-30.
Donner, A. (2018). Mobile banking in Developing Countries (a case study on Kenya). Unpublished Thesis, Vaasan Ammattikorkeakoulu University of applied sciences.
Fenwick, N. (2016). Digital business: Transformation, disruption, optimization, integration and humanization. Retrieved from https://www.i-scoop.eu/digital-business/
Fill, G. (2017) Can Mobile Phones Really Work to Extend Banking Services to the Unbanked? Empirical Lessons from Selected Sub-Saharan Africa Countries. International journal of Development Societies, 1(2),70-81.
Gamble, B. & Blackwell, D. (2018). The theory of financial intermediation: an essay on what it does (not) explain, SUERF. The European Money and Finance Forum, 5(6),10.
Hair, J.F., Black, W.C., Babin, B.J. & Anderson, R.E. (2010) Multivariate Data Analysis. 7th Edition, Pearson, New York.
IDC (2017). "IDC Predictions 2017: Competing on the Third Platform", http://www.idc.com/getdoc.jsp?containerId=238044
Ilhan, N. & Rahim, M.D. (2020). Understanding Digital Transformation of Procurement Through E-Procurement Systems Implementation: Business Partner Relationship Perspective. 10.4018/978-1-7998-2799-3.ch010.
Kerlinger, H. (2017). Why research on women entrepreneurs needs new directions. Entrepreneurship Theory and Practice, 30(5), 595–621.
Klun, M., & Trkman, P. (2018). Business process management at the crossroads. Business Process Management Journal, 24(3), 786- 813, https://doi.org/10.1108/BPMJ-11-2016- 0226.
Koduk, R. D. (2017). The prosperous community: Social capi- tal and public life. American Prospect, 13, 35–42.
Kose, A., Maier, M., & Wimschneider, C. (2017). Competitive advantage through innovation: the case of Nespresso. European Journal of Innovation Management, 19(1), 133–148.
Kumar, L. (1996). Where do new firms come from? Households, family capital, ethnicity, and the welfare mix. Family Business Review, 22(3), 273–278.
Levin, M.J.A.; Rubin, G.S. (2008), Mastering Data Mining: The Art and Science of Customer Relationship Management. New York: John Wiley & Sons. Pp.57-61
Lu, Yueh, B., & Lin, D. (2016). The state and social capital: An institutional theory of generalized trust. Comparative politics, 40(4), 441–459
Lundvall, B.-A. (2019). National systems of innovation: Toward a theory of innovation and interactive learning; Anthem Press: London, UK.
Mathuva, M. D. Muthuma, W. E. & Kiweu, M. J. (2016). Effect of Branding on Performance of SACCOs in Kenya. Management Journal, 39(10), 1265–1292.
Nutakor, E. A. (2016). Effect of electronic banking on financial performance of commercial Banks. Unpublished MBA Thesis, University of Nairobi.
Okong’o, N., (2016). Relationship between electronic banking and financial performance of commercial banks in Kenya. Unpublished MBA Thesis, University of Nairobi.
Plattfaut, D. C., Niehaves, L., & Becker, P. (2011). What’s distinctive about growth-oriented entrepreneurship in developing countries? UTSA College of Business Center for Global Entrepreneurship Working Paper (1).
Rogers, E. M. (1995). Diffusion of Innovations (4th edition), The Free Press. New York.
Romānova, R., Lopez-de-Silanes, F., Shleifer, A., & Vishny, R. (2018). Investor protection and corporate governance. Journal of Financial Economics, 58(1–2), 3–27.
Rorogu, F., & Bett, A. (2018). Digital technology entrepreneurship: A definition and research agenda.
Steiner, G. (2020). Competences for Complex Real-World Problems: Toward an Integrative Framework; Harvard University: Cambridge, MA, USA.
Vaast, P.K. (2018). Impact of digital finance on financial inclusion and stability. Borsa Istanb. Rev, 18, 329–340
Waithaka, M., & Mawathe, S. (2018). How process enterprises really works. Harvard Business Review, 77 (6), 108-118.
Wang, D. H. C., & C. J. Wolverton, (2016). ‘The Knowledge Economy, the KAM Methodology and World Bank Operations,’ Working Paper, The World Bank, Washington D.C.,.
Waruingi, E. N. (2016). Extent of information communication technology strategy to business strategy for companies quoted at the NSE. Retrieved from http://erepository.uonbi.ac.ke
Yu, J.B.; Yen, M.A. (2018). Linking prefunding factors and high-technology venture success: An exploratory study. J. Bus. Ventur, 1, 295–306.
Zikmund, J. (2017). Internet Banking: practices and potentials , A paper presented at a seminar organised by the Institute of Chartered Accountants of Ghana (ICAN) Lagos Sheraton Hotel & Towers, Ikeja. September 05. 35
Refbacks
- There are currently no refbacks.