Entrepreneurial motivational factors and operational performance of small-scale industries in Yanya

Main Article Content

Article Sidebar

Published May 26, 2021
Mohammed Abubakar Mawoli Ugbedeojo Nelson Peter

Abstract

To address the growing labour unemployment rate in Nigeria, several hard and soft intervention policies have been put in place by the Nigerian government and supporting partners. Based on the assumption that unemployment, government interventions, and personal ambition can motivate individuals into entrepreneurship, this study examined the effect of entrepreneurial motivational factors on the operational performance of Small Scale Industries (SSIs) located in Yanya, Abuja. Relying on a cross-sectional survey research design, 337 practicing entrepreneurs, random sampling technique and multiple regression analysis, the study found that facilitating and compelling motivational factors are the significant predictors of SSIs’ performance, while ambitious motivational factor is negatively but significantly impactful on SSIs’ performance. It, therefore, suffices to recommend that the Nigerian government and organized private sector should collaborate to increase the stock of hard and soft infrastructure, especially in the industrial estates and business clusters, to enhance entrepreneurship participation and inclusiveness

How to Cite

Mawoli, M. A. ., & Peter, U. N. . (2021). Entrepreneurial motivational factors and operational performance of small-scale industries in Yanya. Journal of Research in Emerging Markets, 3(3), 1–13. https://doi.org/10.30585/jrems.v3i3.649
Abstract 53 | PDF Downloads 36

Article Details

Keywords

motivation, entrepreneurship, industry, performance, Nigeria

Section
Articles

References

Abdulsalam, D. & Mawoli, M.A. (2012). Motivation and job performance of academic staff of state universities in Nigeria: the case of Ibrahim Badamasi Babangida University, Lapai, Niger State. International Journal of Business and Management, 7(14), 142-148. Web-site: http://dx.doi.org/10.5539/ijbm.v7n14p142

Alderfer, C.P. (1972). Existence, relatedness and growth: human needs in organizational setting. New York: Free Press.

Anton van de Rijdt, C. (2014). Intrinsic and Extrinsic motivational orientation for entrepreneurs: results and motivation, University of Amsterdam.

Baraba-Sanchez, & Atienza-Sahuquillo, C. (2012). Entrepreneurial behaviour: impact of motivational factors on decision to create a new venture. Investigaciones Europeas de Direccion Economia de la Empresa, 18, 132-138.

Basheikh, A.M. & Abdel-Maksoud, A. (2008). Operational performance measures used and contemporary management practices deployed in manufacturing firms: the case of Kingdom Saudi Arabia.

Black, J.S., Bright, D.S., Gardner, D.G. & Hatmann, E. (2019). Organizationa Behavior, Texas: Rice University. Website:

Boada-grau, J., Sachez-Gercia, J.C., Viardot, E., Boada-Cuerva, M. & Vigil-Colet, A. (2016). Adaptation of an entrepreneurial motivation scale into Spanish. Anales de Psicologia, 32(2), 571-577.

Bourles, R. & Cozarenco, A. (2018). Entrepreneurial motivation and business performance: evidence from a French microfinance institution. Small Business Economics, Springer Verlag, 51(4), 943-963. Doi:10.1007/s11187-017-9961-8.

Brody, N. & Ehrlichman, H. (1998). Personality Psychology. Upper Saddle River, NJ: Prentice Hall.

Charles, V. & Gherman, T. (2013). Factors influencing peruvian women to become entrepreneurs. World Applied Sciences Journal, 27(10), 1345–1354.

Collins, C., Locke, E. & Hanges, P. (2000). The relationship of need for achievement to entrepreneurial behavior: a meta-analysis. Working paper, University of Maryland, College Park, MD.

Das, D.C. (2016). Influence of motivational factors on entrepreneurship: a study of Rangia development block under Rangia sub-division in Kamrup District, Assam. International Journal of Humanities and Social Science, 5(2), 38-44.

Dess G. G. & Robinson R. B., Jr. (1984). Measuring organizational performance in the absence of objective measures: The case of the privately-held firm and conglomerate business unit. Strategic Management Journal, 5, 265-273.

Dobre, O. (2013). Employee motivation and organizational performance. Review of Applied Socio-Economic Research, 5(1), 53-60.

Farzana, R. (2018). The impact of motivational factors towards entrepreneurial intention. Journal of Modern Accounting and Auditing, 14(12), 639-647. Doi:10.17265/1548-6583/2018.12.001.

Fereidouni, H.G., Masron, T.A., Nikbin, D. & Amiri, R.E. (2010). Consequences of external motivation in Iran. Asian Academy of Management Journal, 15(2), 175-196.

Frese, M. & Gielnik, M.M. (2014). The psychology of entrepreneurship. Annual Review of Organizational Psychology and Organizational Behavior, 1(1), 413-438.

Gangadhara-Rao, N. (1986). Entrepreneurship and Growth of Enterprises in Industrial Estate. New Delhi: Deep & Deep Publications.

GEM (2019). 2020 global report. London: Global Entrepreneurship Research Association.

Guilford, J.P. & Fruchter, B. (1973). Fundamental statistics in psychology and education. New York: McGraw Hill.

Gundolf, K., Gast, J. & Geraudel, M. (2017). Startups’ innovation behaviour: an investigation into the role of entreprenurial motivation. International Journal of Innovation Management, 21(7), 1-26. Doi: 10.1142/S136919617500542.

Hadli, N.H.B. (nd.). The determinant of firm operational performance.

Hair Jr, J. F., Black, J. W., Babin, B. J. & Anderson, E. R. (2010). Multivariate Data Analysis (Seventh ed.). Edinburgh: Pearson Education Limited.

Heizer, J. R. (2008). Principles of operation management. PA: Pearson Prentice Hall.

Hill, T. (2000). Operations Management – Strategic Context and Managerial Analysis. London: Macmillan.

Hossain, M.U., Al Asheq, A. & Arifuzzanman, S.M. (2019). Entrepreneurial intention of Bangledeshi students: impact of individual and contextual factors. Problems and Perspectives, 17(14), 493-503.

Johnson, B. (1990). Toward a multidimensional model of entrepreneurship: the case of achievement motivation and the entrepreneur. Entrepreneurship Theory and Practice, 14(3), 39–54.

Kale, Y. (2019). Micro, small and medium enterprises (MSME) national survey 2017 resport.

Kirkwood, J. (2009). Using multiple paradigm research methodologies to gain new insights into entrepreneurial motivations. Journal of Enterprising Culture, 15(3), 219-41.

Kishore, S. Raju, S.S. & Dasaraju, H. (2012). Fostering entrepreneurship in MSMEs – a study of influence factors in Chittorr District of Andhra Pradesh. International Journal of Management Research and Review, 2(8),1369-1381.

Kline, R. B. (2016). Principles and practice of structural equation modelling (4th ed.). London: The Guilford Press.

Kreitner, R. (1989). Management (4th ed.). New York: Houghton Mifflin.

Kuranchie-Mensah, E.B. & Amponsah-Tawiah, K. (2016). Employee motivation and work performance: a comparative study of mining companies in Ghana. Journal of Industrial Engineering and Management, Omnia Science, Barcelona, 9(2), 255-309.

Lalhunthara (2013). Entrepreneurship in micro-enterprises in Aizawl District, Mizoram, Department of Commerce, Mizoram University.

Langton, N., Robbins, S.P. & Judge, T.A. (2016). Organizational behavior: concepts, Controversies, applications (7th Canadian edition), Toronto: Pearson Inc.

Lin, S. T. C. (2007). Sources of competitive advantage for emerging fast growth small-to-medium enterprises: The role of business orientation, marketing capabilities, customer values, and firm performance. Sydney: Royal Melbourne Institute of Technology.

McClelland, D. C. (1961). The achieving society. Princeton, NJ: Van Nostrand.

Mawoli, M.A. & Babandako, A.Y. (2011). An evaluation of staff motivation, dissatisfaction and job performance in an academic setting. Australian Journal of Business and Management Research, 1(9), 1-13.

Murthy, BEVVN, Chandrasekhar, M. & Rao, M.G. (1986). Entrepreneurial process, premises, decision, in Gupta, C. B. and Srinibasan, N.P. (Ed.) Entrepreneurial Development, New Delhi: Sultan Chand and Sons.

Naffziger, D.W., Hornsby, J.S., & Kuratko, D.F. (1994). A proposed research model of entrepreneurial motivation. Entrepreneurship: Theory and Practice, 18(3), 29-42.

Narasimha-Murthy, B.E.V.V (1989). Entrepreneurship in Small Towns. New Delhi: Mittal Publication.

Nasib, S., Sulong, R.S. & Amirul, S.M. (2019). An exploratory study of entrepreneurial motivation on informal entrepreneurs in Sabah. International Journal of Entrepreneurship Management Practices, 2(7), 1-12. Doi:10.35631/ijemp.27001.

Nisula, A., Olander, H. & Henttonen, K. (2017). Entrepreneurial motivation as drivers of expert creativity. International Journal of Innovation Management, 21(5):1-19. Doi: 10.1142/S1363919617400059.

NBS (2020). Unemployment rate in Nigeria: 2006-2020 data.

Ogunnaike, O.O., Aribisala, A., Ayeni, B. & Osoko, A. (2019). Maslow theory of motivation and perfromance of selcted technology entrepreneurs in Nigeria. Inetranational Journal of Mechanical Engineering and Technology, 10(2):628-635.

Pregibon, D. (1980). Goodness of link tests for generalized linear models. Applied Statistics, 29(1), 15-23

PwC (2020), PwC’s MSME survey 2020: building to last (Nigerian report).

Rao, V., Venkatachalm, A. & Joshi, H.G. (2013). A study of entrepreneurial characteristics and success of women entrepreneurs operating fashion and apparel business. Asian Journal of Management Sciences and Education, 2(2), 136-147.

Reynolds, P.D., Camp, S.M., Bygrave, W.D., Autio, E. & Hay, M., (2001). Global Entrepreneurship Monitor: Executive Report. London: Babson College, London Business School and Kauffman Foundation.

Robichaud, Y., Cachon, J. C. & Haq, R. (2010). Motives, success factors, and barriers among Canadian female entrepreneurs: The case of Greater Sudbury. Entrepreneurial Practice Review, 1, 36-65.

Sayyar, L.Z., Latifi, S., Sarempoor, Q. and Pirmoradi, A. (2012). Factors facilitating entrepreneurship and self-employment in agriculture sector. Life Science Journal, 9(4), 2423-2430.

Shane, S. (2009). The illusions of entrepreneurship. New Haven: Yale University Press.

Slack, N. C. (2004). Operations Management. London: Prentice Hall, Harlow.

Social Welfare Office (2020). Membership registration: small scale induries in Yanya. Unpublished.

Stam, E., Bosma, N., Witteloostuijn, A., Jong, J., Bogaert, S., Edwards, N. & Jaspers, F. (2012), Ambitious entrepreneurship: a review of the academic literature and new directions for public policy. Advisory Council for Science Technolgy Policy.

Tabachnick, B.G. & Fidell, L.S. (2007). Using Multivariate Statistics (5th ed.). New York: Pearson.

Tanveer, M.A., Zafar, S., shafique, R., Jhangir, M. & Rizvi, S. (2013). Motivational factors and students entrepreneurial intention in Pakistan. Journal of Basic Applied Sciences, 3(4), 263-269.

Tettey, A. (2014). Entrepreneurial motivation and firm performance of small and medium enterprises in New Jauben Minicipality, MBA Dissertaion, Department of Management Studies, University of Cape Coast.

Ullah, H., Farooq, M.A. & Ahmad, Z.M. (2012). A study of psychological and non-psychological factors of owner influencing entrepreneurial orientation: evidence from Khyber Pakhtunkhwa-Pakistan. Management Science and Engineering, 6(1), 44-55. Doi: 10.3968/j.mse.1913935X20120601.2700.

Venkataraman, N. (1997). Measurement of business performance in strategy research: A comparison of approaches. The Academy of Management Review, 11(4), 801-814.

Vijaya, V. & Kamalanabhan, T.J. (1998). A scale to assess entrepreneurial motivation. Journal of Entrepreneurship, 7(2), 183:198. Doi: 10.1177/097135579800700204.

Yitshaki, R. & Kropp, F. (2018). Revisiting entrepreneurial motivation and opportunity recognition, in M. Brannback and A.L. Carsrud (Eds.), A research agenda for entrepreneurial cognition and intention, 122-144, Edward Elgar Publishing. Doi: 10.5465/AMBPP.2018.17205abstract.