Short answer

Invest in creating an environment that encourages and supports employee-driven innovation and initiative, as this directly correlates with improved business performance.

Field: Innovation & Markets
Source: Kenyatta University Institutional Repository (Kenyatta University) (2013)
Method: Descripto-explanatory research design using quantitative and qualitative data analysis.
Sample: 214 participants
Evidence: Strong effect

Implementing strategies that foster corporate entrepreneurship, such as ensuring resource availability and strong management support, significantly enhances the profitability and growth of edible oil manufacturing firms. This innovation & markets research insight is drawn from a 2013 study published in Kenyatta University Institutional Repository (Kenyatta University). Using Descripto-explanatory research design using quantitative and qualitative data analysis. with 214 participants, researchers explored how this design variable affects real-world outcomes. The key design takeaway: Invest in creating an environment that encourages and supports employee-driven innovation and initiative, as this directly correlates with improved business performance.

Study

Innovation & MarketsHigh ImpactStrong effect

Corporate Entrepreneurship Boosts Edible Oil Firm Performance by 66%

Kenyatta University Institutional Repository (Kenyatta University) · 2013

Key Findings

01Corporate entrepreneurship is a common phenomenon in Kenyan edible oil manufacturing firms and has a positive effect on performance.
02Firms that make deliberate efforts to promote and stimulate corporate entrepreneurship show better results.
03There is a strong and positive correlation (0.661) between corporate entrepreneurship strategies and organizational performance.
04Key practices like resource availability and management support are rated highly and contribute to performance.

Application

Design takeaway

Invest in creating an environment that encourages and supports employee-driven innovation and initiative, as this directly correlates with improved business performance.

How to apply

Implement programs that provide resources, autonomy, and psychological safety for employees to propose and pursue new ideas or process improvements within the company.

Project actions

01When researching a product or service, consider how internal company culture might affect its success.
02Think about how to design systems or processes that encourage innovation from within.

Method & Evidence

AimTo determine the effects of corporate entrepreneurship on the performance of edible oil manufacturing firms in Kenya.

MethodDescripto-explanatory research design using quantitative and qualitative data analysis.

ProcedureA semi-structured questionnaire was administered to employees of two major edible oil refineries. Quantitative data was analyzed using descriptive statistics (mean) and inferential statistics (T-tests, correlation, and regression), while qualitative data underwent content analysis.

Sample214 participants

ContextEdible oil manufacturing firms in Kenya.

Variables

IVCorporate entrepreneurship strategies (e.g., resource availability, management support, innovation culture).

DVOrganizational performance (growth and profitability).

CVFirm size, market segment, specific product lines (implicitly, as the study focuses on edible oil manufacturing).

Strengths & Limitations

Strengths

+Uses a mixed-methods approach combining quantitative and qualitative data.
+Employs appropriate statistical techniques for correlation and regression analysis.

Limitations

The findings are specific to the Kenyan edible oil industry and may not apply universally. The study relies on employee perceptions, which can be subjective.

Reliability & validity

Reliability could be enhanced by using multiple survey instruments or by conducting follow-up interviews. Validity is supported by the use of established statistical methods and a clear research design, though the subjective nature of employee perception is a potential limitation.

Think critically

How might the specific regulatory or market environment of Kenya have influenced the relationship between corporate entrepreneurship and performance in this study?

Design Principles

"Foster a culture of intrapreneurship to drive organizational growth and profitability."

For businesses in competitive sectors like edible oil manufacturing, cultivating an entrepreneurial internal culture is not just a buzzword but a quantifiable driver of success. This research demonstrates a direct link between fostering intrapreneurship and tangible performance improvements, making it a critical consideration for strategic planning and operational development.

What This Means for Your Design

Making employees feel like they can start new things within the company, and giving them the support to do it, makes the company more successful.

How to use in your project

1.Reference this study when discussing how organizational culture and employee empowerment can influence the success of a design project or product launch.

Add to My Project

Quick Cite

Paragraph starter

Research indicates that fostering corporate entrepreneurship, characterized by resource availability and strong management support, has a significant positive impact on organizational performance, with correlation coefficients as high as 0.661 in the edible oil manufacturing sector.

Source

Kenyatta University Institutional Repository (Kenyatta University)

The effect of corporate entrepreneurship on the performance of the edible oil manufacturing firms in Kenya

journal · 2013

View source

Questions About This Research

What does the research say about corporate entrepreneurship boosts edible oil firm performance by 66%?: Invest in creating an environment that encourages and supports employee-driven innovation and initiative, as this directly correlates with improved business performance. Evidence: Kenyatta University Institutional Repository (Kenyatta University) (2013).
Why does "Corporate Entrepreneurship Boosts Edible Oil Firm Performance by 66%" matter for design?: For businesses in competitive sectors like edible oil manufacturing, cultivating an entrepreneurial internal culture is not just a buzzword but a quantifiable driver of success. This research demonstrates a direct link between fostering intrapreneurship and tangible performance improvements, making it a critical consideration for strategic planning and operational development.
How can designers apply this research?: Invest in creating an environment that encourages and supports employee-driven innovation and initiative, as this directly correlates with improved business performance.
What were the main findings?: Corporate entrepreneurship is a common phenomenon in Kenyan edible oil manufacturing firms and has a positive effect on performance.. Firms that make deliberate efforts to promote and stimulate corporate entrepreneurship show better results.. There is a strong and positive correlation (0.661) between corporate entrepreneurship strategies and organizational performance.. Key practices like resource availability and management support are rated highly and contribute to performance.
What research method was used?: Descripto-explanatory research design using quantitative and qualitative data analysis. with 214 participants.
How strong is the evidence?: Evidence strength is rated Strong effect, based on a 2013 journal from Kenyatta University Institutional Repository (Kenyatta University).
What should I do differently in my next project?: Implement programs that provide resources, autonomy, and psychological safety for employees to propose and pursue new ideas or process improvements within the company.
What are the limitations?: The study focused on two specific firms in Kenya, which may limit the generalizability of findings to other regions or industries.