Influence of Technology Endowment on the Adoption of Transient Competitive Advantage by Private Hospitals in Nairobi City County, Kenya
DOI:
https://doi.org/10.70641/ajbds.v1i1.59Keywords:
Technological Endowment, Multi Practice Hospitals, Transient Competitive AdvantageAbstract
In the advent of technological growth that is rapid, firms need to continually keep abreast with the innovations in order to maintain their transient advantage. In the paradigm where transient competitive advantage and the frequency of technological endowment grow exponentially, institutions must be able to obtain an advantage through the adoption of technologies that allow them to improve their products, services, strategies, or production processes, among others. This study seeks to establish the influence of technological endowment on the adoption of transient competitive advantage by private multi practice hospitals in Nairobi City County, Kenya. In support of the study’s objective the researcher adopted resource advantage theory. This study is founded on the resource-based theory, which emphasizes heterogeneous requests and moving assets. This study adopted a quantitative research approach using a questionnaire. A descriptive correlational research design was used in this study to describe and test for the influence of independent variable (technological endowment) on the dependent variable (Transient Competitive Advantage Adoption). According to the study findings, it is concluded that technology resource endowment (β= 0.176) had statistically significant influence on transient competitive advantage among private multi-practice hospitals in Nairobi city County in Kenya. In line with this, the study recommends that the hospitals need to equip the administrative offices with better technology for effective record keeping and service delivery as well as update the laboratories with modern diagnostic machines. Given that the hospitals are in a global world, customers are pretty aware of where else to find the top-notch diagnosis and this poses a competition threat.
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