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Entrepreneurial Characteristics and Organisational Performance of Medium Enterprises

Author

Listed:
  • Nafiu I. BADIRU

    (Department of Business Administration, Osun State University, Osogbo, Nigeria)

  • Oluwafemi H. OYEDEPO

    (Department of Business Administration, Osun State University, Osogbo, Nigeria)

  • John O. ADEBAYO

    (Department of Business and Entrepreneurship Faculty of Management Sciences Kwara State University, Molete Kwara State, Nigeria)

Abstract

This study aims to determine the mechanisms by which entrepreneurial characteristics impact the organisational performance of Medium Enterprises (ME) in South-West, Nigeria. This study surveyed 370 owners/managers of MEs across the six states of South-West, Nigeria, using quantitative methods. And data were collected and analysed using descriptive and inferential statistics. The empirical data reveal that creativity impacted organisational innovativeness; competitive aggressiveness influences organisational innovativeness; and creativity and competitive aggressiveness collectively impacted the organisational innovativeness. Hence, the study concluded that the entrepreneurial characteristics dimension, specifically, creativity and competitive aggressiveness individually and collectively enhanced organisational innovativeness of MEs in South-West, Nigeria.

Suggested Citation

  • Nafiu I. BADIRU & Oluwafemi H. OYEDEPO & John O. ADEBAYO, 2023. "Entrepreneurial Characteristics and Organisational Performance of Medium Enterprises," Business & Management Compass, University of Economics Varna, issue 1, pages 5-23.
    • Handle: RePEc:vrn:journl:y:2023:i:1:p:5-23
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    References listed on IDEAS

    as
    1. Chaoyun Liang, 2019. "How Entrepreneur Personality Affects Agrirural Entrepreneurial Alertness," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 15(1), pages 147-170.
    2. Huei-Ching Liu & Ching Yin Ip & Chaoyun Liang, 2018. "A New Runway for Journalists: On the Intentions of Journalists to Start Social Enterprises," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 14(2), pages 83-100.
    3. Henry Kaiser, 1974. "An index of factorial simplicity," Psychometrika, Springer;The Psychometric Society, vol. 39(1), pages 31-36, March.
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    More about this item

    Keywords

    Competitive Aggressiveness; Creativity; Entrepreneurial Characteristics; Medium Enterprises Performance; Organisational Innovativeness;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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