The Impact of Social Entrepreneurship on the Sustainability of Selected Small and Medium Enterprises in Nigeria

Ogbo, Ann; Igwe, Anthony; Ezeobi, Jesse; Modebe, Nwanneka J.; Kalu, Ebere Ume

doi:10.9734/air/2019/v19i230116

Cited by 11 publications

(10 citation statements)

References 6 publications

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“…Therefore, the positive impact of Facebook adoption from their neighbouring competitors might be less obvious to them. It was also verified that government support was a significant and positive determinant of Facebook adoption (H6a), reinforcing the TOE framework and past studies (Ogbo et al, 2019). This result revealed that government assistance in the form of an enabling environment, training for SME owners and financial assistance would enhance Facebook adoption among service-based SMEs.…”

Section: Discussionmentioning

confidence: 99%

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Determinants of Facebook adoption and its impact on service-based small and medium enterprise performance in northwestern Nigeria

Abdullahi

Husin

Baharudin

et al. 2022

JSIT

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Purpose This study aims to examine the determinants of Facebook adoption and its impact on the performance of service-based small and medium enterprises (SMEs) in northwestern Nigeria. The mediating effect of Facebook adoption between the determinants of Facebook adoption and the performance of the SMEs was examined. Design/methodology/approach A comprehensive framework was built using the technology – organisation–environment framework integrated with the resource-based view theory. Data were collected from 165 SME decision-makers using an online survey. The hypothesised relationships were tested using partial least squares structural equation modelling. Findings Facebook adoption exerted a positive impact on the financial and non-financial performance of the SMEs. The important determinants of Facebook adoption were relative advantage, perceived risks, top management support, organisational readiness and government support. The mediating effect of Facebook adoption between these determinants and financial and non-financial performance was confirmed. Research limitations/implications The findings contribute to better insight into the determinants of Facebook adoption and its impact on the financial and non-financial performance of SMEs. The findings can inspire and guide SMEs on adopting Facebook as a marketing strategy to improve performance and reduce failure rates. Originality/value The findings confirm the potential of adopting Facebook for enhancing the performance of SMEs. This is arguably among the first empirical studies to test the mediating effect of Facebook adoption.

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Section: Discussionmentioning

confidence: 99%

“…Ogbo et al (2019) reported that government support was critical for promoting Facebook adoption among Nigerian SMEs. Moreover,Oni (2021) recently confirmed the positive influence of government support on Nigerian SME social media adoption.…”

mentioning

confidence: 99%

Determinants of Facebook adoption and its impact on service-based small and medium enterprise performance in northwestern Nigeria

Abdullahi

Husin

Baharudin

et al. 2022

JSIT

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“…Despite the achievements and progress that accrue to an economy having a high concentration of social enterprises, some challenges still exist that can hamper the performance of these social enterprises. According to Ogbo et al (2019), it has been observed that technological factors, amongst others, are the significant evolution experienced by a social enterprise in Nigeria. Social entrepreneurs in Nigeria face other financial, administrative and economic conditions that withhold their full subscription to technology for process improvements (Matthew et al , 2020).…”

Section: Conceptual Frameworkmentioning

confidence: 99%

Social entrepreneurship, technology diffusion and future employment in Nigeria

Osabohien

Worgwu²,

Al‐Faryan³

2022

SEJ

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Purpose To mitigate uncertainties in the labour market, it has been argued that technology diffusion in entrepreneurship drive is essential to increase employment capacity. Against this backdrop, this study examined how social entrepreneurship and technology diffusion impact future employment in Nigeria. In addition, this study aims to contribute to the policy dialogue for the realisation of the United Nations Sustainable Development Goals (SDGs) of decent work and economic growth (SDG-8) and industry, innovation and infrastructure (SDG-9). Design/methodology/approach The data from the youth entrepreneurship with innovation (YouWiN) baseline survey was used. The study applied propensity score matching to achieve its objectives. This study defines social entrepreneurship as firms established solely to create social values. Similarly, technology diffusion is captured by the firm’s ownership of a website and communication with clients through email, while future employment is captured by the estimated number of people the business may employ in the next five years, if still in operation. Findings The results from the study show that social entrepreneurship and technology diffusion has a significant impact on future employment. The result implies that social entrepreneurship may contribute approximately 21% to the employment level in the future. Similarly, technology diffusion – ownership of a website and communication with clients through email increase the firm’s ability to contribute to future employment by 65% and 71%, respectively. Research limitations/implications One of the limitations of the research is that the study is quantitative in nature. Thus, qualitative information that could have added additional value to the study was not considered. As a recommendation, further studies should consider using a mixed method by adding qualitative information while examining the concept of social entrepreneurship and employment. Practical implications These findings suggest that ownership of a website, communicating with clients via email and involvement in social entrepreneurship contribute significantly to future employment in Nigeria. This finding shows that social entrepreneurship is crucial for reducing future employment uncertainties. Social enterprises will enhance the capacity of the economy to attain sustainable economic development. Therefore, the study concludes by recommending that policies to enhance social entrepreneurship awareness and promotion should be implanted to expand the knowledge of social enterprise as a unique business entity that drives employment. Social implications These findings suggest that ownership of a website, communicating with clients via email and involvement in social entrepreneurship contribute significantly to future employment in Nigeria. This finding shows that social entrepreneurship is crucial for reducing future employment uncertainties. Social enterprises will enhance the capacity of the economy to attain sustainable economic development. Therefore, the study concludes by recommending that policies to enhance social entrepreneurship awareness and promotion should be implanted to expand the knowledge of social enterprise as a unique business entity that drives employment. Originality/value Though prior studies have examined the contribution of entrepreneurship to employment; however, integration of technology diffusion in the concept of social entrepreneurship and employment literature is relatively sparse. Therefore, this study fills this gap by investigating how the diffusion of technology by social entrepreneurs impacts future employment in Nigeria.

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“…Social entrepreneurship is important because it can help increase growth, achieve a stable, fair, and prosperous economy, and become an innovative market in various countries (Acs et al, 2018;Aparicio, Urbano, & Gomez, 2018;Popov, Veretennikora, & Kozinskaya, 2018;Sohel, 2018, Ogbo et al, 2019Deng et al, 2020). Apart from creating high expectations, it is considered a new approach to tackling poverty and social exclusion in developing countries (Seelos & Mair, 2009).…”

Section: Literature Reviewmentioning

confidence: 99%

The Collaboration of Social Entrepreneurship and Institution for Sustainable Regional Development Security

Prasetyo¹,

Setyadharma²,

Kistanti³

2021

OJBM

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Global prevention efforts, including mitigating the Covid-19 impact, require a more serious mechanism, such as maintaining sustainable regional development security. This research examines the role of social entrepreneurship collaboration with institutions in maintaining sustainable regional development security using empirical data and path analysis. To measure sustainability, sustainable entrepreneurship business opportunities are used as an aspect of sustainable regional development. The results show that the new model innovation of social entrepreneurship collaboration and institutional quality is an important mechanism capable of optimizing resource use, overcoming socio-economic problems and poverty, and increasing productivity. Furthermore, it is a value chain in promoting public policy implementation and mitigating sustainable regional development security. Since the new model innovation creates better social and economic justice values, it is the most important innovation element in the basic framework of social innovation sustainability theory.

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The Impact of Social Entrepreneurship on the Sustainability of Selected Small and Medium Enterprises in Nigeria

Cited by 11 publications

References 6 publications

Determinants of Facebook adoption and its impact on service-based small and medium enterprise performance in northwestern Nigeria

Determinants of Facebook adoption and its impact on service-based small and medium enterprise performance in northwestern Nigeria

Social entrepreneurship, technology diffusion and future employment in Nigeria

The Collaboration of Social Entrepreneurship and Institution for Sustainable Regional Development Security

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