Innovation Climate and Attraction and Retention of Human Capital Among Small and Medium Enterprises in Kenya: The Moderating Effect of Founder Characteristics

Q4 Business, Management and Accounting

International Journal of Business and Management Science Pub Date : 2023-04-17 DOI:10.5539/ijbm.v18n3p92

Mbadi Olila, J. Maalu, Florence K Muindi

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Abstract

Past studies on the effect of innovation climate on the attraction and retention of human capital produce mixed results. For this reason, this study aimed to investigate the impact of founder characteristics on the correlation between innovation climate and the attraction and retention of human capital. Criterion sampling was used to select the top 100 SMEs in Kenya. Targeted respondents included founders of SMEs. Out of the targeted 100 SMEs, 59 responded, giving a response rate of 59%. The study used a structured questionnaire to collect data and the partial least squares structural equation modelling technique to analyze the collected data. Since previous researchers have found mixed results on the influence of innovation climate on the attraction and retention of human capital, the current study aimed to ascertain this and thus the moderating variable, founder characteristics. It established that the variable had an insignificant effect on the link between innovation climate and human capital attraction and retention (βeta = 0.230, t = 1.855, p = 0.064). Since talented employees usually desire to work in a conducive workplace environment, SMEs need to create a supportive innovation climate that can assist in attracting, maintaining and retaining human capital. Future scholars can investigate the influence of other moderating variables on the link between innovation climate and the attraction and retention of human capital.

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创新氛围与肯尼亚中小企业人力资本吸引与保留:创始人特征的调节作用

过去关于创新环境对人力资本吸引和保留的影响的研究得出了不同的结果。因此，本研究旨在探讨创始人特征对创新气候与人力资本吸引和保留之间相关性的影响。采用标准抽样方法选择了肯尼亚前100家中小企业。调查对象包括中小企业的创始人。在被调查的100家中小企业中，有59家作出回应，回复率达59%。本研究采用结构化问卷收集数据，并采用偏最小二乘结构方程建模技术对收集到的数据进行分析。由于之前的研究人员在创新气候对人力资本的吸引力和保留的影响方面发现了不同的结果，因此本研究旨在确定这一点，从而确定调节变量，创始人特征。结果表明，该变量对创新气候与人力资本吸引和保留之间的关系影响不显著(βeta = 0.230, t = 1.855, p = 0.064)。由于有才能的员工通常希望在有利的工作环境中工作，中小企业需要创造一个支持性的创新环境，以帮助吸引、维持和留住人力资本。未来学者可以研究其他调节变量对创新气候与人力资本吸引和保留之间关系的影响。

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来源期刊

International Journal of Business and Management Science Business, Management and Accounting-Business and International Management

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期刊介绍： The International Journal of Business and Management Science (IJBMS) (Print: ISSN 1837-6614; Online: 1985-692X) is a double-blind peer-reviewed semiannual journal. Generally the journal publishes the articles that expand knowledge on business and management issues. Business Complexity and Performance Management were the two of the top ten problems IJBMS cover pageof 20th century management. In the 21st century, overcoming such problems seem to be challenging to educators and practitioners. Do educators and practitioners agree on which management skills are required for success in the 21st century? These all issues call for substantial research to achieve a very modern sustainable business era of the global economy. IJBMS intends to focus on the business and management issues with the vision of sustainable competitiveness along with scientific evidences. The quantitative approach for analyzing a research problem is promoted by IJBMS.