Lukman Gbolagade Oladejo, K. L. Olusegun, A. Abdulrasak
The issues of countless loss of lives, properties and closing down of business operations as a result of violent conflict in Nigeria despite enabling business environment and efforts of the Nigerian Government towards entrepreneurship development necessitates this study. The study investigates the impact of violent conflict and enabling business environment on the entrepreneurship performance in Nigeria with a particular reference to North East Zone of Nigeria. The paper adopts a survey research method in order to enhance empirical investigation. Random sampling was used to select 705 entrepreneurs in six (6) states across the North-East Zone. The structural questionnaire was used to obtain primary data while pair test was used to analyze the data. The calculated ttest value for annual sales volume and annual profit volume during violent conflict period and during violent conflict-free period with enabling business environment indicates high significant impact of enabling business environment without violence on good entrepreneurial performance. Thus, it was found that violent conflict leads to low business performance, unnecessary closing down of businesses, and reduction in number of employees, unemployment and high level of poverty among entrepreneurs in the zone. In order to maintain peace and improve entrepreneurship performance, the study recommends, among others, that political thugs in the society should be identified, call to order, given proper orientation and reformation towards gaining employment opportunities. Also, people should learn to forgive and forget past injustices in order to avoid reprisals while maintaining adequate enabling business environment.
{"title":"Impact Analysis of Violent Conflict and Enabling Business Environment on Entrepreneurial Performance in North East Zone of Nigeria","authors":"Lukman Gbolagade Oladejo, K. L. Olusegun, A. Abdulrasak","doi":"10.47231/hvax2063","DOIUrl":"https://doi.org/10.47231/hvax2063","url":null,"abstract":"The issues of countless loss of lives, properties and closing down of business operations as a result of violent conflict in Nigeria despite enabling business environment and efforts of the Nigerian Government towards entrepreneurship development necessitates this study. The study investigates the impact of violent conflict and enabling business environment on the entrepreneurship performance in Nigeria with a particular reference to North East Zone of Nigeria. The paper adopts a survey research method in order to enhance empirical investigation. Random sampling was used to select 705 entrepreneurs in six (6) states across the North-East Zone. The structural questionnaire was used to obtain primary data while pair test was used to analyze the data. The calculated ttest value for annual sales volume and annual profit volume during violent conflict period and during violent conflict-free period with enabling business environment indicates high significant impact of enabling business environment without violence on good entrepreneurial performance. Thus, it was found that violent conflict leads to low business performance, unnecessary closing down of businesses, and reduction in number of employees, unemployment and high level of poverty among entrepreneurs in the zone. In order to maintain peace and improve entrepreneurship performance, the study recommends, among others, that political thugs in the society should be identified, call to order, given proper orientation and reformation towards gaining employment opportunities. Also, people should learn to forgive and forget past injustices in order to avoid reprisals while maintaining adequate enabling business environment.","PeriodicalId":236740,"journal":{"name":"Covenant Journal of Entrepreneurship","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131908646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
O. Oladipo, Adejare Bimbo Onaolapo, Udofia Ekpenyong Ekpenyong
The study examined the role of social media in entrepreneurial development in Nigeria, specifically, how the use of social media enhances customer retention, brand awareness and customer loyalty. Based on the criteria set out to select these entrepreneurs in Lagos state, the study adopted a stratified and convenience sampling technique to select one hundred and fifty-three entrepreneurs, and the analysis was carried out using linear regression. The result revealed that social media has a significant positive relationship with customer retention, brand awareness, and customer loyalty, and findings revealed that social media has proven to be an essential tool to engage customers and create brand awareness which eventually leads to customer retention and loyalty for an organization. Hence, the study recommended that entrepreneurs need to invest heavily on information and communication technology to boost operational efficiency, improve quality of product and services interface with customers, and create room to consistently solve customer problems swiftly.
{"title":"The Role of Social Media in Entrepreneurial Development: The Nigerian Perspective","authors":"O. Oladipo, Adejare Bimbo Onaolapo, Udofia Ekpenyong Ekpenyong","doi":"10.47231/gwai9193","DOIUrl":"https://doi.org/10.47231/gwai9193","url":null,"abstract":"The study examined the role of social media in entrepreneurial development in Nigeria, specifically, how the use of social media enhances customer retention, brand awareness and customer loyalty. Based on the criteria set out to select these entrepreneurs in Lagos state, the study adopted a stratified and convenience sampling technique to select one hundred and fifty-three entrepreneurs, and the analysis was carried out using linear regression. The result revealed that social media has a significant positive relationship with customer retention, brand awareness, and customer loyalty, and findings revealed that social media has proven to be an essential tool to engage customers and create brand awareness which eventually leads to customer retention and loyalty for an organization. Hence, the study recommended that entrepreneurs need to invest heavily on information and communication technology to boost operational efficiency, improve quality of product and services interface with customers, and create room to consistently solve customer problems swiftly.","PeriodicalId":236740,"journal":{"name":"Covenant Journal of Entrepreneurship","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115955996","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：