Journal of Business and Management

Journal of Business and Management

ISSN: 2291-1995 (Print)    ISSN: 2291-2002 (Online)

Volume 3 (2014), No. 1, Pages 13-24

DOI: 10.12735/jbm.v3i1p13

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Entrepreneurs Psychological Perspective and Enterprise Graduation in Eldoret Town, Kenya

Tallam K. Zakayo1  Paul O. Odwori2  Nebert K. Matelong2  Gloria J. Tuwei3 

1Department of Entrepreneurial Studies, Moi University, Kenya
2Department of Business Management, University of Eldoret, Kenya
3Department of Management Sciences, Moi University, Kenya

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Micro and Small Enterprises (MSEs) enormously contribute to the Kenyan economy through employment and income generation. In spite of this contribution, their performance in terms of graduation is little understood. The evidence supporting the view of micro and small enterprises as the engine of growth is limited. This study was based on Schein’s model by Edgar Schein career Anchors was anticipated to shade light on the motivation on the graduation of MSEs. The main objective of the study was to determine the effect of psychological perspective of an entrepreneur on enterprise graduation in Eldoret town Kenya. The study was conducted in Eldoret Municipality Central Business District (CBD) in Uasin Gishu County targeting micro and small enterprises licensed and registered by Eldoret Municipal Council. A sample size of 189 was selected in this study. Stratified-simple random sampling technique was used. Primary and secondary data was used to achieve the objective of the study. Primary data was collected using questionnaires and secondary data was collected from Eldoret Municipal achieve. Data was analyzed using descriptive statistics and inferential statistics. The study findings indicated that; the psychological perspective of an entrepreneur had a statistical significant effect with graduation. The study concludes that entrepreneurers’ should enhance their entrepreneurial competence.

JEL Classifications: B21, D80

Keywords: entrepreneurs psychological perspective, enterprise graduation, eldoret town, Kenya

To Cite this Article: Zakayo, T. K., Paul, O. O., Nebert, M. K., & Gloria, T. J. (2014). Entrepreneurs psychological perspective and enterprise graduation in Eldoret town, Kenya. Journal of Business and Management, 3(1), 13-24.

Copyright © Tallam K. Zakayo et al.

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This article is published under license to Science and Education Centre of North America. This is an Open Access article distributed under the terms of the Creative Commons Attribution 4.0 International License.

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Entrepreneurs Psychological Perspective and Enterprise Graduation in Eldoret Town, Kenya