The Conditional Effect Of Innovative Behaviour On The Relationship Between Technology Adoption And Performance Of MSES

Description

Micro and small enterprises (MSEs) play a crucial role in generating employment, raising household incomes, and providing goods and services. In Kenya, MSEs contribute significantly to the economy, accounting for 18% of the gross domestic product (GDP) primarily through job creation. The definition of MSEs varies by nation but generally includes characteristics such as capital investment, staff numbers, turnover, management style, and market share.
For Micro and Small Enterprises (MSEs) to improve their performance, they must overcome several limitations. MSEs often lack creativity, vision, and resources such as credit services, leading them to engage in entrepreneurial activities primarily to meet their immediate financial needs. Additionally, poor performance of MSEs is commonly associated with limited financial access, with many preferring traditional methods of financial transactions, competition, lack of technical and managerial skills, poor infrastructure, dynamic customer needs, and inaccessibility to appropriate financial facilities.
The introduction of a simple financial software program is of great essence to any business/ organization.