The influence of entrepreneurial capital on social transformation by social enterprises in Kiambu County, Kenya

Njenga Francis K,Gatumo Francis M,Kitonga Daniel M

doi:10.18535/ijsrm/v9i8.sh06

Abstract

Several studies have found entrepreneurial capital or finance to be significant in growth and performance of enterprises. This development has led the researchers in the present study to investigate the role of entrepreneurial capital in social transformation by social enterprises in Kiambu County, Kenya. This journal examines the influence of entrepreneurial capital on social transformation. The context of the study was Kiambu County, Kenya. Social entrepreneurship theory, market failure theory, empowerment theory, planned behavior theory and cultural dimension’s theory guided the study. The study used a descriptive survey design guided by a mixed methods research approach. The sample size was 322 social enterprises drawn from a target population of 1944 social enterprises distributed all from Kiambu County. Data was collected using survey questionnaires and interview guide instruments. Simple random sampling technique was used to get the proportionate sample for each strata. Data was descriptively and inferentially presented and analyzed. The findings shows R-value of .614, R2 value of .377, adjusted R2-value of .375; F-statistics value is 1977.052 greater than critical value of 3.85 and p- value was 0.000. The study concludes that entrepreneurial capital has a statistically significant and positive effect on social transformation by social enterprises.

Highlights

Enough evidence exists to support the view that social entrepreneurship emerged in the 1980s with the establishment of Ashoka, which is concerned with supporting social entrepreneurs across the world (Ashoka, 2017)
Et al, (2018, p. 495), noted that rural social enterprises assist in social transformation by identifying and solving social problems
The objective of the study was to determine the association between entrepreneurial capital and social transformation by social enterprises in Kiambu County

Summary

Introduction

Enough evidence exists to support the view that social entrepreneurship emerged in the 1980s with the establishment of Ashoka, which is concerned with supporting social entrepreneurs across the world (Ashoka, 2017). 10), at the bottom of the pyramid (BOP), cooperatives and other institutions or Organisations are popular in addressing social needs This characterization is congruent with purpose of this study to investigate the influence of social enterprises on social transformation in Kiambu County. The emergence of social entrepreneurship in Africa has been linked to Ubuntu philosophy, which emphasises interdependence and reciprocity over individualism and self-interest, and to a cultural belief in putting tribal interests above individual gain (Chilufya & Kerlin, 2017). Most of these studies on social enterprises/social entrepreneurship seems to indicate the necessity of social enterprises in solving societal problems. The current study sought to produce evidence on the presence and impact of social enterprises in Kiambu County, Kenya

Objectives

Methods

Results

Conclusion