INFLUENCE OF ACCESS TO SOCIAL CAPITAL ON PERFORMANCE OF SOCIAL ENTERPRISES IN NAIROBI COUNTY
INFLUENCE OF ACCESS TO SOCIAL CAPITAL ON PERFORMANCE OF SOCIAL ENTERPRISES IN NAIROBI COUNTY
Ojwang Rose Mbula - School of Business and Economics, Kenya Methodist University, Kenya
Gichunge Evangeline - School of Business and Economics, Kenya Methodist University, Kenya
Mbebe James Nzili - School of Business and Economics, Kenya Methodist University, Kenya
ABSTRACT
The purpose of social entrepreneurship in the country remains closely related to minimizing communal challenges and consequently eliminating poverty levels. Social entrepreneurship has been recognized as an approach to responding to social challenges such as unemployment, deprivation, and social division, to attain widespread social justice. Social enterprises generate positive development in the larger society by engaging the marginalized people in the society. The research intended to examine the way social entrepreneurship influences performance of social enterprises. The study specifically looked at the entrepreneur intention, social capital access, entrepreneurship risks, and social intervention capabilities. Theories informing the study included social capital, social enterprise, social innovation, and stewardship theory. The study employed a descriptive study approach targeting 216 middle-level managers of the available enterprises within Nairobi. The sampling size was made up of 140 participants selected through stratified and random sampling approaches. Questionnaires were administered both online as well as in-person. Quantitative techniques were employed to analyze data by SPSS 23.0 on both descriptive and inferential analysis. The presentation of findings was through frequency tables that were interpreted narratively, and findings were discussed. The study revealed that access to social capital and entrepreneurship risk significantly influenced the performance of social enterprises. The study recommended for social enterprises build sufficient networks with financial institutions and credit partners for social capital support.
