ENTREPRENEURIAL ATTRIBUTES AND GROWTH OF MICRO AND SMALL ENTERPRISES IN NAIROBI CITY COUNTY, KENYA

Eve Muringo Wachira, Dr. Anne-Marie Wairimu Mungai

Abstract


Despite the support to the SMES, studies have revealed low survival rates with 60% of the enterprises leading to failure in business growth in the first 3 years of operation. The lack of business growth has resulted to the inability of SMES to contributing to Kenya’s GDP growth as expected. The general objective of the study is to establish the influence of entrepreneurial attributes on growth of micro and small enterprises in Nairobi City County, Kenya. Specifically, the study sought to examine the role of managerial attributes on growth of micro and small enterprises in Nairobi City County, Kenya and to evaluate the impact of network attributes on growth of micro and small enterprises in Nairobi City County, Kenya. The study used a descriptive survey research design. The target population in this study was 187 managers/owners of registered SMEs in Nairobi County. This study was a census of 1 87 managers/owners of SMEs in Nairobi County. The study collected primary data using semi-structured questionnaires. Collected data was analyzed using both quantitative and qualitative techniques. SPSS (version 22) was applied in analysing quantitative data where descriptive statistics was computed and presentations done in percentages, means, SD and frequencies. Inferential data analysis was conducted by use of Pearson correlation coefficient, and multiple regression analysis. The study results were presented through use of tables and figures.

Key Words: Entrepreneurial attributes, Micro and small enterprises, Managerial attributes, Network attributes


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References


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