International Market Factors Affecting the Performance of Small and Medium Enterprises in Kenya: 2000-2014
Abstract
Successive regimes in Kenya have appreciated the significance associated with the
SME sector as numerous policy initiatives have been introduced during the past
decade to accelerate the growth and survival of SMEs. Although there has been a
growing interest paid to the sector by the government of Kenya through a raft of
policy actions, limited scholarly attention has been paid to the challenges Kenyan
SMEs face in the international market environment from a foreign policy viewpoint.
This study sought to answer the research question; is Kenya’s SME policy responsive
to the international market factors affecting the performance of Kenyan SMEs? The
general objective of the study was to investigate the international market factors
affecting the performance of SMES in Kenya. The Specific objectives were two-fold:
to establish the factors in the international market affecting the performance of
Kenya’s SMEs and to examine the role of Kenya government policy on the
competitiveness of Kenyan SMEs in the international market. The study is based on
both secondary and primary data. The results show that the international market
factors affecting SME competitiveness include global economic conditions,
globalization, market integration and government policies. The study shows that
Kenya’s government policy was not adequately responsive to these factors affecting
the SME competitiveness in the international economy.
Publisher
University of Nairobi
Rights
Attribution-NonCommercial-NoDerivs 3.0 United StatesUsage Rights
http://creativecommons.org/licenses/by-nc-nd/3.0/us/Collections
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