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A critical analysis of the Nigerian entrepreneurial ecosystem on transformational entrepreneurship

Odafe Martin Egere Orcid Logo, Gideon Maas Orcid Logo, Paul Jones Orcid Logo

Journal of Small Business Management, Pages: 1 - 32

Swansea University Author: Paul Jones Orcid Logo

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DOI (Published version): 10.1080/00472778.2022.2123109

Abstract

Previous research suggests that the entrepreneurial ecosystem (EE) support factors are critical for the systemic development of Micro, Small and Medium Enterprises (MSMEs). However, there is limited understanding of how MSMEs Owners/Manager's characteristics impact on their perspective of the E...

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Published in: Journal of Small Business Management
ISSN: 0047-2778 1540-627X
Published: Informa UK Limited 2022
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URI: https://cronfa.swan.ac.uk/Record/cronfa61173
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first_indexed 2022-09-11T21:37:19Z
last_indexed 2023-01-13T19:21:46Z
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spelling 2023-01-05T13:14:14.7572444 v2 61173 2022-09-11 A critical analysis of the Nigerian entrepreneurial ecosystem on transformational entrepreneurship 21e2660aaa102fe36fc981880dd9e082 0000-0003-0417-9143 Paul Jones Paul Jones true false 2022-09-11 BBU Previous research suggests that the entrepreneurial ecosystem (EE) support factors are critical for the systemic development of Micro, Small and Medium Enterprises (MSMEs). However, there is limited understanding of how MSMEs Owners/Manager's characteristics impact on their perspective of the EE support factors for business development in Nigeria, a developing country. This article addresses this research gap to adopt a coherent approach to understanding the EE in supporting MSMEs to achieve transformational entrepreneurship (TE), which builds sustainable businesses for long-term societal benefits. The MSMEs characteristics alongside the EE factors were tested with 576 MSMEs in Nigeria. The MSMEs Owners/Manager's characteristics were positively correlated to their perspective of the EE support factors. The following specific EE factors were inadequate: access to finance, markets, resources, and policies and regulations. The findings are discussed in terms of TE in a Nigerian context although they offer potential insights for similar African economies. Journal Article Journal of Small Business Management 0 1 32 Informa UK Limited 0047-2778 1540-627X Developing Economy, Entrepreneurship Ecosystem, MSMEs, Transformational Entrepreneurship, Sustainable Entrepreneurship. 28 9 2022 2022-09-28 10.1080/00472778.2022.2123109 COLLEGE NANME Business COLLEGE CODE BBU Swansea University Not Required 2023-01-05T13:14:14.7572444 2022-09-11T22:22:25.1365023 Faculty of Humanities and Social Sciences School of Management - Business Management Odafe Martin Egere 0000-0003-1796-4458 1 Gideon Maas 0000-0002-2489-469x 2 Paul Jones 0000-0003-0417-9143 3 61173__25333__c634d09793dc4cb39c5788d48341af15.pdf 61173_VoR.pdf 2022-10-06T14:44:43.1116653 Output 1312602 application/pdf Version of Record true © 2022 The Author(s). This is an Open Access article distributed under the terms of the Creative Commons Attribution License true eng http://creativecommons.org/licenses/by/4.0/
title A critical analysis of the Nigerian entrepreneurial ecosystem on transformational entrepreneurship
spellingShingle A critical analysis of the Nigerian entrepreneurial ecosystem on transformational entrepreneurship
Paul Jones
title_short A critical analysis of the Nigerian entrepreneurial ecosystem on transformational entrepreneurship
title_full A critical analysis of the Nigerian entrepreneurial ecosystem on transformational entrepreneurship
title_fullStr A critical analysis of the Nigerian entrepreneurial ecosystem on transformational entrepreneurship
title_full_unstemmed A critical analysis of the Nigerian entrepreneurial ecosystem on transformational entrepreneurship
title_sort A critical analysis of the Nigerian entrepreneurial ecosystem on transformational entrepreneurship
author_id_str_mv 21e2660aaa102fe36fc981880dd9e082
author_id_fullname_str_mv 21e2660aaa102fe36fc981880dd9e082_***_Paul Jones
author Paul Jones
author2 Odafe Martin Egere
Gideon Maas
Paul Jones
format Journal article
container_title Journal of Small Business Management
container_volume 0
container_start_page 1
publishDate 2022
institution Swansea University
issn 0047-2778
1540-627X
doi_str_mv 10.1080/00472778.2022.2123109
publisher Informa UK Limited
college_str Faculty of Humanities and Social Sciences
hierarchytype
hierarchy_top_id facultyofhumanitiesandsocialsciences
hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
hierarchy_parent_title Faculty of Humanities and Social Sciences
department_str School of Management - Business Management{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Business Management
document_store_str 1
active_str 0
description Previous research suggests that the entrepreneurial ecosystem (EE) support factors are critical for the systemic development of Micro, Small and Medium Enterprises (MSMEs). However, there is limited understanding of how MSMEs Owners/Manager's characteristics impact on their perspective of the EE support factors for business development in Nigeria, a developing country. This article addresses this research gap to adopt a coherent approach to understanding the EE in supporting MSMEs to achieve transformational entrepreneurship (TE), which builds sustainable businesses for long-term societal benefits. The MSMEs characteristics alongside the EE factors were tested with 576 MSMEs in Nigeria. The MSMEs Owners/Manager's characteristics were positively correlated to their perspective of the EE support factors. The following specific EE factors were inadequate: access to finance, markets, resources, and policies and regulations. The findings are discussed in terms of TE in a Nigerian context although they offer potential insights for similar African economies.
published_date 2022-09-28T04:19:49Z
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score 10.950466

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