ENVIRONMENTAL FACTORS AND ENTREPRENEURIAL PRODUCTIVITY OF SELECTED HOSPITALITY FIRMS IN DELTA STATE, NIGERIA

Assoc. Prof. Stella Ifeyinwa Mbah, Felix Nwajei

Abstract


The general objective of the study is to examine the environmental factors that affect entrepreneurial productivity in Asaba, Delta State.  Survey research design was adopted in the study. Data was obtained from 25 hospitality firms in the study area. Two hundred and fifty three (253) respondents sampled from a population of one thousand (1000) hospitality firm owners, managers and workers  was used for the analysis. The probability sampling technique was employed for the selection of the respondents. The statistical tools used for the analysis of the data includes; descriptive characteristics of data, group correlation methods and multiple regression test conducted to test hypotheses formulated using stata version 13.0 software. The result show that; Environmental factors have significant positive relationship with entrepreneurial productivity. The study concluded that the role of environmental factors on entrepreneurial productivity is very important in enhancing the socio-economic well-being of the people. This study thus recommends that entrepreneurs in hospitality firms should encourage social events within the society that they operates, so as to increase their patronage and enhance firm’s profitability. The study contributes to knowledge by reaffirming that economic factors would have an effect on entrepreneurial productivity.


Keywords


Entrepreneurship; productivity; environment; hospitality; Asaba; Delta State; Nigeria

Full Text:

PDF

References


Aduga, A. O. (2013). Impact of external business environment performance of food and beverage industry in Nigeria. Journal of Arts and British of organizational Social Sciences, 6(2), 56-65.

Akinyede, S. L. (2017). Small and medium scale enterprises as survival strategy for employment generation in Nigeria. Journal of sustainable Development, 4(1), 200-206.

Azhar, K. (2008). Strategic Management and Business Policy. Tata, New Delhi: McGraw-Hill Publishing Company limited.

Beeson, I., & Davis. C. (2000). Emergence and accomplishment in organizational change, Journal of Organizational Change Management, 13(2), 178

Byeon(2005). Strategic environment scanning and organization performance in competitive business environment. Economic Insights - Trends & Challenges, 64 (1), 24.

Beeson, I., & Davis. C. (2000). Emergence and accomplishment in organizational change :The Nigerian Perspective. European Journal of Business Development.15, 12-27

Berisha Namani (2018). Effects of business environment on the performance of small and medium enterprises in Lagos State, Nigeria. Unpublished Thesis, Department of Business Administration and Marketing. Babcock University, Ilishan-Remo, Ogun State

Chia, R. (1998). From complexity science to complex thinking: Organization as simple locations. Organization, 5(3189), 341–369.

Daly, P., & Walsh, J. (2009). Drucker’s theory of the business’ and organisations: Challenging business assumption. Austria: First Global.

Drucker, P. (1994). The theory of the business. Harvard Business Review, 95-104, Boston, Mass, USA.

Efem, N. (2009). Federal government plan to promote foreign direct investment in Nigeria. 1-4

Efi, A. E., & Akpan, S. S. (2012). Impediments to entrepreneurship development in the

Niger Delta region of Nigeria. Canadian Social Science, 8(6), 102-109.

Egena, O., Ede, E. T., & Mile, N. B. (2014). Institutional support for small and medium enterprises in Nigeria. An empirical investigation. International Journal of Economy, Management and Social Sciences. 3(9), 481-489.

Ekpenyong, D. B., & Nyong, M. O. (1992). Small and medium-scale enterprises in Nigeria: Their characteristics, problems and sources of finance. (Research Paper 16). Retrieved from African Economic Research Consortium: Retrieved November 2016, from: http://idl- bnc.idrc.ca/dspace /bitstream/ 10625/9982

Ekpunubi, G. N. (2008). The effects of environmental factors on the performance of textile manufacturing firms in Kaduna. An Unpublished PhD seminar paper presented to the Department of Management, Faculty of Business Administration, UNN, Enugu Campus.

Eme, O. I., & Anthony, O. (2011). The challenges of insecurity in Nigeria: A thematic exposition. Interdisciplinary Journal of Contemporary Research in Business, 3(8), 172- 1

Ering, S. O. (2011). Tran- Border crime and its economic impact on developing economy. Journal of Sociology and Social Anthropology, 2(2), 73- 80.

Essien, B. S. (2014). The Nigerian business environment and growth constraints of micro and small scale

Ezenwa, J. (2016). The three sigma. Retrived January 2017, from https://www.linkedin.com/ pulse/three-sigma-joseph-ezenwa

Farazmand, A. (2003). Chaos and transformation theories: a theoretical analysis with implications for organization theory and public management”. Public Organization Review, 3(4), 339-372.

Filion, L. (2011). Defining the Entrepreneur. World Encyclopaedia of Entrepreneurship, 41– 52. Availa-ble:. http://www.eelgar.com/shop/eep/preview/book/isbn/9781849808453/ Acceded 25 September 2017

Kayanula & quarter (2014). Business environment and the potentials of small and medium enterprises in Nigeria. Preliminary Communication Paper. UDC 658.56

Litavtiece and Znotina(2015) Environmental factors and organizational performance in Nigeria. A study of Juel Company. World Engineering and Applied Sciences Journal, 5(3), 75- 84.

McElroy, M. W. (2000). Integrating complexity theory, knowledge management and organization learning. Journal of Knowledge Management, 4(3), 195-2.

McKelvey, B. (1999). Complexity theory in organization science; Seizing the promise

McKenzie, C., & James, K. (2004). Aesthetic as an aid to understanding complex systems and decision judgment in operating complex systems. Emergence: Complexity and organizations, Special Double Issue, 6(12), 32-39.

Meryer, G. D., Neck, H. M. & Meeks, M. D. (2002). The entrepreneurship strategic management interface. In Hitt, M. A., Ireland, R. D., Camp, S. M & Sexton, D. L (eds), Strategic Entrepreneurship: Creating a New Mindset. Oxford: Blackwell, 19- 44.

Morel, B., & Ramanujam, R. (1999). Through the looking glass of complexity: The dynamics of organizations as adaptive and evolving systems. Organization Science, 10(3), 278–293.

Morgan, G. (1997). Images of organization. (2nd edition). Sage Publications, California.

Moyo, B. (2012). Do power cuts affect productivity? A case study of Nigerian manufacturing firms, International Business & Economics Research Journal, 11(10), 21-3

Ogbo, A. & Agu, A. C. (2012) The Role of Entrepreneurship in Economic of becoming a fad. Emergence, 1(1), 5–32

Oginni, B. O. & Faseyiku, I. O. (2012).Fundamentals of Human Capital Management: A Process Approach.Somolu – Lagos: Mankore Print Ltd,.

Ogundele O. J. K & Abiola J. O. (2012) Entrepreneurship and National Development: A Proposal for Evangelistic Agenda. European Scientific Journal of becoming a fad. Emergence, 1(1), 5–32

Ogundele, J. K. (2005). Management and organizational theory and behavior. Lagos: Nigeria Sabte Book Series.

Ogunlana. F. (2018). The role of entrepreneurship as the driver of economic growth. M.sc. Thesis Centria University of applied sciences Business Management

Okezie, A. I.(2013). Challenges and prospect of entrepreneurship in Nigeria. Academic Journal of Interdisciplinary Studies, 2(5), 26- 36.

Olannnye. P.A. (2006) Research Methods for Business; A skill Building Approach Lagos and Asaba; peejen publication.

Oluwalaye, A. O., & Okwukwe A. F. (2012). Impacts of external business environment on organizational performance in the food and beverage industry in Nigeria, British Journal of Arts and Social Sciences 6(2), 2-13.

Onwukwe, V. C., & Ifeanacho, M. I. (2011). Impact of government intervention on the growth of small and medium scale enterprises in Imo state. International journal of Research in Commerce, Economics and Management 1(7), 1-5.

Osemeke M., (2012). Entrepreneurial development and interventionist agencies in Nigeria. International Journal of Business and Social Science. (3) 8

Osuagwu, L. (2012). Conceptualization of corruption in business organizations. American International Journal of Contemporary Research, 2(5), 18

Thandeka, O. A. (2016). The challenges of infrastructure development in democratic governance construction. Economics and Management, 1(6119), 1- 15.

Ubong, B. 2013. Entrepreneurship and Nation Building in a Changing Environment. 4 (16): 115–135. doi:10.5901/mjss.2013.v4n16p115.

UNCTAD. 2004. Entrepreneurship Wether, S. (2013). Entrepreneurial human capital in micro and small enterprises in Vietnam. The kokumin keizan zasshi, 208(3), 120-136.

Yomere.G. O, and Agbonifoh B. A (1999). Research Methodology: in the management and Social sciences, Benin City,Uniben Press


Refbacks

  • There are currently no refbacks.


 

ISSN PRINT: 2705-2494

ISSN ONLINE: 2705-2486

 

 

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