Paper Titles in Periodical
International Letters of Social and Humanistic Sciences
Volume 47
Subscribe

Subscribe to our Newsletter and get informed about new publication regulary and special discounts for subscribers!

ILSHS > Volume 47 > Entrepreneurial Orientation: A Remedy for Receding...
Entrepreneurial Orientation: A Remedy for Receding Productivity of Small and Medium Scale Enterprise a Nigeria Perspective
< Back to Volume

Entrepreneurial Orientation: A Remedy for Receding Productivity of Small and Medium Scale Enterprise a Nigeria Perspective

Full Text PDF

Abstract:

Nigeria is experiencing immense structural changes which are affecting the economy. Entrepreneurial orientation (EO) is a vital force in the economy of any nation because of the strategic role it plays in the achievement of productivity. The aim of this paper is to provide more insight into EO as a remedy for productivity for small and medium scale enterprises in Nigeria by providing in-depth knowledge of the nature and behavior of an entrepreneur and its dimensions toward risk taking, proactivness and the aggressivess. How all these can lead to entrepreneurship through (EO) also formed the vanguard of modern enterprises. The creation of a country’s wealth and dynamism depends upon the Entrepreneurial orientation of its firms and this, in turn, relies fundamentally on the capabilities of its entrepreneurs and managers.

Info:

Periodical:
International Letters of Social and Humanistic Sciences (Volume 47)
Pages:
77-97
DOI:
https://doi.org/10.18052/www.scipress.com/ILSHS.47.77
Citation:
O. O. Tobora, "Entrepreneurial Orientation: A Remedy for Receding Productivity of Small and Medium Scale Enterprise a Nigeria Perspective", International Letters of Social and Humanistic Sciences, Vol. 47, pp. 77-97, 2015
Online since:
February 2015
Authors:
Omolomo Odunayo Tobora
Keywords:
Entrepreneurial Orientation, Entrepreneurship, Medium Enterprises, Productivity, Small Enterprises
Export:
RIS, BibTeX, Text
Distribution:
Open Access

Creative Commons License
This work is licensed under a
Creative Commons Attribution 4.0 International License

References:

Amao, J.O. (1997). -Modes of Financing Small Scale Industries in B.U. N‖ Igwe et al (eds. ). =Proceedings of the Conference on Small-Scale Industries and the Development of Nigeria‖. NISER, Ibadan, March, PP. 360-394.

Birkinshaw, J. 1997. Entrepreneurship in Multinational Corporation: The Characteristics of Subsidiary Initiatives., Strategic Management Journal 18 (3): 207-229.

Brown, T. E., and B. A. Kirchhoff. 1997. The Effects of Resource Availability and Entrepreneurial Orientation on Firm Growth., In Frontiers of Entrepreneurship Research, edited by P. D. Reynolds, W. D. Bygrave, N. Carter, P. Davidsson, W. B. Gartner, and P. P. McDougall. Wellesley, MA: Babson College.

Burgelman, R. A. 1983. Corporate Entrepreneurship and Strategic Management: Insights from a Process Study., Management Science 29: 1349-1364.

Covin, J. G., and D. P. Slevin. 1991. A Conceptual Model of Entrepreneurship as Firm Behavior., Entrepreneurship Theory and Practice (Fall): 7-25.

Covin, J. G., & Slevin, D. P. (1989). Strategic Management of Small Firms in Hostile and Benign Environment. Strategic Management Journal, 10 (1), 75 - 87.

Covin, J. G, & Adler, P (1989). Strategic behavior, strategy pattens and performance levels of small entrepreneurial and conservative firms. Southern Management Assocation Proceeding, 250-252.

Central Bank of Nigeria(CBN)(2007), Economic Report for the Second Quarter of (2007).

http: /data. worldbank. org/country/nigeria downloaded at 5. 50 pm December (2014).

http: /www. tradingeconomics. com/nigeria/unemployment-rate downloaded at 5. 00 pm December (2014).

Dess, G. G., and G. T. Lumpkin. (2001) Emerging Issues in Strategy Process Research., In The Blackwell Handbook of Strategic Management, edited by M. A. Hitt, R. E. Freeman, and J. S. Harrison, 3-4. Malden, MA: Blackwell Publishers.

Dunkelberg, W. C., and A. C. Cooper. (1982). Entrepreneurial Typologies., In Frontiers of Entrepreneurship Research, edited by K. H. Vesper, 1-15. Wellesley, MA: Babson Centre for Entrepreneurial Studies.

Fairoz, F. M. (2010). Entrepreneurial Orientation and Business Performance of Small and Medium Scale Enterprises of Hambantota District, Sri Lanka. Asian Social Science, 6(3), 34-46.

Ferreira, Jo~ao, and S. G. Susana Azevedo. (2007).

Hart, S. 1992. An Integrative Framework for Strategy-Making Process., Academy of Management Journal 17: 327-351.

Hurst, E., & B. W. Pugsley. (2011). What do small businesses so? Brookings Papers on Economic Activity, 2011(2) (Fall), 73-118. http: /dx. doi. org/10. 1353/eca. 2011. 0017.

Hoq, M. Z., Ha, N. C., & Said, S. M. (2009). SMEs in the Malaysian Economy. International Journal of Marketing Studies, 1(2), 3-17.

Hornaday, J. A., and J. Aboud. ( 1971). Characteristics of Successful Entrepreneurs, Personnel Psychology 24: 141-153.

McClelland, D. (1987). Characteristics of Successful Entrepreneurs. Journal of Creative Behaviour, 21(3), 219-233.

McClelland, D. C. 1962. Business Drive and National Achievement., Harvard Business Review (July-August): 99-112.

Miller, D (1983). The correlates of entrepreneurship in three types of firms. Management sciences, 29 770-791.

Miller, D., & Friesen, P. H. (1982). Innovation in conservative and entrepreneurial firms: two models of strategic momentum. Strategic Management Journal 3(1), 1-25.

Madsen, E. L. (2007). The significance of sustained entrepreneurial orientation on performance of firms - A longitudinal analysis. Entrepreneurship and Regional Development, 19(2), 185-204.

Mohd Aris, N. (2006). SMEs: Building Blocks for Economic Growth. Paper presented at the The National Statistics Conference.

Mohd Asri, A., & Mohd. Isa, B. (2000). Small and Medium Enterprises in Asian Pacific Countries: Development prospects.

Naman, J. L., and D.P. Slevin. 1993. Entrepreneurship and Concept of Fit: A Model and Empirical Tests., Strategic Management Journal 14: 137-153.

Surienty, L., Hong, K. T., & Hung, D. K. M. (Producer). (2011, 20/2/2011) Occupational Safety and Health (OSH) in SMEs in Malaysia: A Preliminary Investigation.

Survey Report on MSMEs in Nigeria. Retrieved 18/12/2014, page 25 by 6: 44 pm.

Timmons, J. A. (1978) Characteristics and Role Demand of Entrepreneurship., American Journal of Small Business 3: 5-17.

Rauch, A., J. Wiklund, M. Frese, and G. T. Lumpkin. (2004).

Lumpkin, G. T., and G. G. Dess. (2001). Linking Two Dimensions of Entrepreneurial Orientation to Firm Performance: The Moderating Role of Environment and Industry Life Cycle., Journal of Business Venturing 16: 429=451.

Lewis, W.A. (1997). -Reflections on the Structure of Nigerian Manufacturing Industry‖ in O. Teriba and M.O. Kayode (eds. ). Industrial Development in Nigeria: Patterns, Problems and Prospects. Ibadan University Press, P. 337.

Giwa, R. (May, 2001). -How to Revive Nigeria's Ailing Industrial Sector‖. The Guardian.

Oshagbemi, T.A. (1982). Small Business Management in Nigeria. Longman, London. P. 3.

Ogun, O. and Anyanwu, J.C. (1999). -Financing Small and Medium Enterprises in Nigeria: Lessons from International Experiences. The Nigerian Financial Review. Vol. 8, No. 1, March, P. 12.

Ogunsiji, P. A. S., & Ladanu, W. K. (2010). Entrepreneurial Orientation as a Panacea for the Ebbing Productivity in Nigerian Small and Medium Enterprises: A Theoretical Perspective. International Business Research, 3(4), 192 -199.

Wiklund, J., and D. Shepherd. 2003. Knowledge-Based Resources, Entrepreneurial Orientation, and the Performance of Small and Medium-sized Businesses., Strategic Management Journal 24: 1307-1314. ( Received 05 January 2015; accepted 15 January 2015 ).

Show More Hide
Cited By:
This article has no citations.