{"title":"Successful IT Entrepreneurship in Nigeria: The Contingent Role of Mentorship","authors":"Akinyele Okeremi, L. Caesar","doi":"10.1080/15228916.2022.2141865","DOIUrl":null,"url":null,"abstract":"ABSTRACT This paper principally explores the determinants of successful information technology entrepreneurship in Nigeria’s IT sector. It further examines the moderating effect of mentorship (either by an IT practitioner or a non-IT practitioner) in the correlation between the independent variables of interest and dependent variable. Literature from the developed markets underscores a positive relationship between training and successful entrepreneurship. However, such relationship is seldom explored within the context of developing markets such as Nigeria. Thus, this paper explores the impact of specific factors such as IT-focused entrepreneurial training, being born by entrepreneur parents, business school training, faith in a supernatural and mentorship on IT entrepreneurial success A quantitative research design involving a web-based survey was used to collect data among 297 participants. All collected data were screened and analyzed using binary logistic regression and Exploratory Factor Analysis. The results showed that IT entrepreneurs who are born by entrepreneur parents are more likely to succeed than those without such family backgrounds. Also, the attendance of a business school is a significant predictive factor for IT entrepreneurial success in Nigeria. Surprisingly, no significant correlation exists between formal education in the IT field and IT entrepreneurial success. Further, no significant moderating effect of mentorship was present. This implies that IT entrepreneurs in Nigeria need to harness the benefits of entrepreneurial family background and business school education to sustainably grow their businesses and become successful. Also, committed federal government backing is needed to introduce innovative entrepreneurial initiatives to improve competence among IT entrepreneurs in Nigeria. General business/management training is needed besides conventional IT training as the former is a better predictor of success among IT entrepreneurs. Finally, trainings need to focus on building competencies for relationship management to aid access to resources for innovation and growth. Future studies should consider a qualitative approach to investigating the mediating impact of mentorship on IT entrepreneurship success in Nigeria.","PeriodicalId":46981,"journal":{"name":"Journal of African Business","volume":"24 1","pages":"597 - 631"},"PeriodicalIF":2.1000,"publicationDate":"2022-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of African Business","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/15228916.2022.2141865","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 1
Abstract
ABSTRACT This paper principally explores the determinants of successful information technology entrepreneurship in Nigeria’s IT sector. It further examines the moderating effect of mentorship (either by an IT practitioner or a non-IT practitioner) in the correlation between the independent variables of interest and dependent variable. Literature from the developed markets underscores a positive relationship between training and successful entrepreneurship. However, such relationship is seldom explored within the context of developing markets such as Nigeria. Thus, this paper explores the impact of specific factors such as IT-focused entrepreneurial training, being born by entrepreneur parents, business school training, faith in a supernatural and mentorship on IT entrepreneurial success A quantitative research design involving a web-based survey was used to collect data among 297 participants. All collected data were screened and analyzed using binary logistic regression and Exploratory Factor Analysis. The results showed that IT entrepreneurs who are born by entrepreneur parents are more likely to succeed than those without such family backgrounds. Also, the attendance of a business school is a significant predictive factor for IT entrepreneurial success in Nigeria. Surprisingly, no significant correlation exists between formal education in the IT field and IT entrepreneurial success. Further, no significant moderating effect of mentorship was present. This implies that IT entrepreneurs in Nigeria need to harness the benefits of entrepreneurial family background and business school education to sustainably grow their businesses and become successful. Also, committed federal government backing is needed to introduce innovative entrepreneurial initiatives to improve competence among IT entrepreneurs in Nigeria. General business/management training is needed besides conventional IT training as the former is a better predictor of success among IT entrepreneurs. Finally, trainings need to focus on building competencies for relationship management to aid access to resources for innovation and growth. Future studies should consider a qualitative approach to investigating the mediating impact of mentorship on IT entrepreneurship success in Nigeria.
期刊介绍：
Journal of African Business is the official journal of the Academy of African Business and Development, the largest network of professionals committed to advancement of business development in African nations. JAB strives to comprehensively cover all business disciplines by publishing high quality analytical, conceptual, and empirical articles that demonstrate a substantial contribution to the broad domain of African business. Regardless of the research context, tradition, approach, or philosophy, manuscripts submitted to JAB must demonstrate that the topics investigated are important to the understanding of business practices and the advancement of business knowledge in or with Africa. Particularly, JAB welcomes qualitative and quantitative research papers. JAB is not, however, limited to African-based empirical studies. It searches for various contributions, including those based on countries outside Africa that address issues relevant to African business. Targeted toward academics, policymakers, consultants, and executives, JAB features the latest theoretical developments and cutting-edge research that challenge established beliefs and paradigms and offer alternative ways to cope with the endless change in the business world. Covered areas: Accounting; Agribusiness Management and Policy; Business Law; Economics and Development Policy; Entrepreneurship and Family Business; Finance; Global Business; Human Resource Management; Information and Communications Technology (ICT); Labor Relations; Marketing; Management Information Systems (MIS); Non-Profit Management; Operations and Supply Chain Management; Organizational Behavior and Theory; Organizational Development; Service Management; Small Business Management; Social Responsibility and Ethics; Strategic Management Policy; Technology and Innovation Management; Tourism and Hospitality Management; Transportation and Logistics
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