Influence of the Internal Locus of Control on the Growth of Micro and Small Enterprises in Bomet County, Kenya

Abstract

Influence of the Internal Locus of Control on the Growth ofMicro and Small Enterprises in Bomet County, Kenya IntroductionIt has been generally accepted internationally that micro and small enterprises have a strong association with economic development (Urban & Naidoo, 2012; Batsakis, 2014). As a result of this recognition, most countries concentrate on stimulating economic development through the growth of small and micro enterprises (Robson, Haugh, &Obeng, 2016). Empirical evidence suggests that micro and small businesses offer substantial economic benefits in terms of job growth and revenue generation (