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Technopreneurship and Clients Expansion: Lagos State Micro, Small and Medium Enterprises Experience

Author

Listed:
  • Ahmed Adeniyi OJIKUTU

    (Babcock University, Nigeria)

  • Johnson A. EGWAKHE

    (Babcock University, Nigeria)

  • Victoria AKPA

    (Babcock University, Nigeria)

  • Folorunso I. AKANDE

    (Babcock University, Nigeria)

Abstract

Regardless of the context, micro, small and medium enterprises (MSMEs) continued to encounter challenges that threaten their performance in terms of expanding customer bases as such; this paper investigates the effect of technopreneurship dimensions on the client's expansion of selected MSMEs in Lagos State, Nigeria. A survey research design was adopted and the population was comprised of 7,017 owners/managers from 6 purposively selected MSMEs technology hubs. A sample size of 475 owners/managers was determined using simple random sampling techniques adopted for the study. A validated and structured questionnaire was adopted for data collection after Cronbach's alpha reliability coefficients were established. The findings revealed that the technopreneurship dimensions had a significant effect on client expansion with Adj.R2 = 0.424; F(5, 277) = 52.809, p

Suggested Citation

  • Ahmed Adeniyi OJIKUTU & Johnson A. EGWAKHE & Victoria AKPA & Folorunso I. AKANDE, 2023. "Technopreneurship and Clients Expansion: Lagos State Micro, Small and Medium Enterprises Experience," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 8(2), pages 147-157, June.
  • Handle: RePEc:rom:merase:v:8:y:2023:i:2:p:147-157
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    More about this item

    Keywords

    capabilities; clients expansion; enterprises experience; innovativeness; learning; technology; technopreneurship. Journal: MANAGEMENT AND ECONOMICS REVIEW;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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