Innovation Culture and Performance of Veterinary Companies in Kenya: A Case Study of Ultravetis East Africa Limited

Abstract

The study sought to determine the innovation culture, market innovation, and technological innovation culture on the performance of the veterinary companies in Kenya using Ultravetis East Africa Limited (UEAL) as the study case. The anchor theory was Diffusion of Innovation Theory supported by Goal-Setting Theory and Institutional Theory. A descriptive research design was adopted. 121respondents/participated and a census was used in the study. The questionnaire was used in data collection, and they were piloted. The analysis was done using descriptive statistics and inferential statistics using spreadsheets and IBM SPSS Statistics, version 26.0. The study outcome indicated that the predictor variables market and technological innovation have a significant positive impact on the performance of the veterinary companies. The results indicated that there is a significant relationship between innovation culture (market and technological innovation) and performance of the veterinary companies; p < 0.05 (P = 0.01). thus, the values of predictor variables are statistically significant with p < .05 which means an increase in the mean index of predictor variables should increase the performance of the veterinary companies. The model shows that market innovation was the predictor variable that highly affected the performance of the veterinary companies, followed by technological innovation. The study recommends that there should be more research on innovation culture and organizational performance using a case-by-case analysis of other sector players such as insurance firms, manufacturing firms, and blue-chip organizations to validate the findings of this study.