Impact of Social Entrepreneurship on Performance of Selected Small and Medium Enterprises in Abuja-Nigeria (Published)
This study examines the effect of social entrepreneurship on the performance of selected SMEs in Abuja, focusing on three main dimensions: social value creation, social innovation, and the Triple Bottom Line. A cross-sectional design was employed, targeting a population of 22,861 SMEs in Abuja. A sample size of 420 SMEs was selected using a convenient sampling technique. The study used descriptive statistics and multiple regression in the analysis. The analysis was carried out using Statistical Package for the Social Sciences (SPSS). The tool was used in generating the adjusted R-Square, correlation and regression. The findings from the analysis indicated that the independent variables used were able to explain up to (i.e. adjusted R-Square of) 65.2% changes in the dependent variable and that social value creation, social innovation and triple bottom line had positive effect on the efficiency of the SMEs in Abuja evidenced by the respective coefficient values of B= 0.452, B= 0.318, and B=0.127. All the independent variables were found to have a significant effect on the dependent variable at 5% level of significant (with their p-vale <0.05) except tripplr bottom line whose p-value stood at p=0.53 indicating that the proxy does not significantly affect the efficiency of SMEs in Abuja. The study recommends that SMEs in Abuja embed social value creation and innovation within their strategies to enhance efficiency and competitiveness. Adoption of the Triple Bottom Line framework, though less dominant, should be gradually strengthened to promote sustainability and resilience. Overall, the findings conclude that social entrepreneurship is a key driver of SME performance, and policymakers, managers, and stakeholders should prioritize value creation, innovation, and sustainability practices for long-term success.
Keywords: Efficiency, Small and Medium Enterprises, Social Innovation, Social entrepreneurship, social value creation, tripple bottom line
Social Innovation Strategies and the Performance of Social Enterprises in Nairobi City County, Kenya (Published)
Current trends have shown that social entrepreneurship is identified as the Key driver of the third sector as well as the public and private sector. Social enterprises play a critical role in social-economic development. Social innovation is one of the most important aspects of social entrepreneurship as it enhances the degree to which an enterprise effectively responds to emerging opportunities and challenges in the market. The field of social innovation turns critical societal problems into opportunities by actively involving the community actors. This paper is an analysis of how social innovations influence social enterprises in Nairobi County of Kenya. Cross -sectional design is used. The target population comprises all the registered social enterprises in Nairobi County. A simple random sampling technique was used to draw a sample of 107 registered social enterprises in the County. A self-administered questionnaire was used as the main data collection instruments. A pilot study was conducted to test validity and reliability of the questionnaire. Data was then analyzed both descriptively and using inferential statistics. One-way analysis of variance was used to test the hypotheses. Both Pearson’s product moment correlation and Chi-square were also used to test for significant associations between social innovations and performance of Social enterprises.
Keywords: Entrepreneurship, Innovation, Performance, Social Enterprise, Social Innovation