Concise Adoption of Generic Business Strategies, Virtues for Accomplishing: Corporate Mission in Multinational Firms in Nigeria

This study considered the concise adoption of generic business strategies in the accomplishment of corporate mission in multinational firms in Nigeria. Several attributes based on the resource and competence-based theories and models informed the nature of the study. Quantitative explanatory cross-sectional design was adopted using primarily the structured instrument designed on a 5-point Likert scale. Probability and non-probability sampling techniques were engaged in sampling 275 respondents from the multinational firms.The data obtained were analyzed using both descriptive statistics and regression analysis. The findings revealed that the generic business strategies have signify cant predictors of corporate mission accomplishment. Findings also revealed that there was positive significant influence between concise generic business strategies and firms’ productivity.This paper recommended a mandatory and thorough environmental scanning in order to select the appropriate business stratagem to be implemented in achieving the precise aspects of the corporate mission

LEADERSHIP STYLES AND SUSTAINABILITY OF ENTREPRENEURSHIP PRACTICES IN HIGHER INSTITUTIONS IN NIGERIA

Over the last two decades, the terms leadership and leadership styles has become more important and widely used in the world. This research examined the enhancement of leadership styles on sustainability of the entrepreneurial practices in higher institution with reference to Covenant University Ota. Three hundred and two (302) members of covenant University Alumni (2007-2018) were randomly sampled by correspondence via emails through the alumni office. The study employed descriptive and inferential statistics. Regression analysis was used to test the hypothesis to determine the weight of the independent variables on the dependent variables. The result of analysis shows that Autocratic and Transformational style has significant effect on the practice of entrepreneurship and if properly applied would increase the number of entrepreneurs in the country, reduce unemployment as well lead to positive economic growth of the Nation Nigeria

The Effect of Smart Government on Governance in Covid-19 Era

The research work looked at the relationship between various dimensions of smart government which are citizen centricity, efficiency, effectiveness and the dimensions of smart governance being strategic dimension, networking and collaboration between institutions. This study made use of a quantitative analytical cross-sectional design. The study made use of the Stakeholder theory. It also made use of the purposive, convenience and simple random sampling technique. A survey was designed for the respondents which was inclusive of one hundred and thirty (130) postgraduate students of Covenant University, Ota, Ogun state and the Statistical package for social sciences was used in running the analysis. According to the findings of this study, smart government could be regarded a foundation for establishing governance by utilizing advanced information and technology for good governance, which is characterized by multiple interrelationships between individuals, government and other decision makers. The sample size and analyses focused majorly on the Postgraduate students of Covenant University. From the findings, the students assert that the governments use of ICT platforms has been able to enhance the resilience of the government and organisations as they have been able to develop a  means to cope, adapt and adjust to this global change. The efficient and effective use of ICT, allowed for networking and collaborative interaction between government and other state and the governments and organizations. This implies that governments ability to take smart and strategic actions in the face of unforeseen and unpredictable challenges through the use of ICT has proven a candid means for the government to efficiently and effectively run any nation state. The findings focus on examining the effect of smart government on governance. The paper is significant in giving insightful directives on the realities of running government in a continuous dynamic environment which factors are unpredictable and gives a guide on how government should be run in the face of untold challenges

Challenges of Technology-Based Entrepreneurial Firms on Performance Drive in Nigeria

In today’s continuously changing and dynamic business environment, no industry has been left behind by the revolutionary effect of technology. Technology has caused noticeable fundamental changes in the way companies operate and conduct their activities.  This empirical paper was guided by a robust conceptual model that identifies the challenges of technological-based firms that manacle their performance drive. Three typologies of challenges namely, internal, external, and external linkages were examined for their effects on performance. Data was collected from top technology-based firms using factor and multiple regression analyses. We found both similarities and dissimilarities in the outcomes of the study. Specifically, both internal and external challenges are significantly associated with the restraints experienced by technology-based firms performance drive. Theoretical external linkages to contest these challenges and managerial implications of the findings are presented

ICT Leapfrogging Amidst Labour Force-Economic Growth Nexus in EAP and ECA Regions

Towards achieving the 2030 United Nations Sustainable Development Goals, this study revisits the information and communication technology (ICT) leapfrogging hypothesis of Steinmueller (2001), and Fong (2009) to expand the literature by testing its relevance in the labour force-growth dynamics in Asia. To achieve this, the study addresses four objectives: (i) test the ICT leapfrogging hypothesis; (ii) investigate the growth-enhancing impact of labour; (iii) examine whether ICT enhances or distorts the productivity of labour on economic growth; and (iv) if these effects differ by economic development. The study uses an unbalanced panel data on 81 countries located in East Asia and Pacific (EAP) and Europe and Central Asia (ECA) from 2010 to 2019. Two estimation techniques, namely panel spatial correlation consistent fixed effects (PSCC-FE) and random effects instrumental variables two-stage least squares (RE-IV2SLS), are deployed. To appraise if the impact differs by economic development, the study engages income group analysis. Among other findings: the leapfrogging hypothesis holds; labour is a significant predictor of economic growth; mobile phones usage is a more potent ICT indicator with more leapfrogging potentials relative to fixed telephones subscription; the net effect of labour on growth is mostly positive in the mobile phones’ models

Technology Entrepreneurship: Pathway to Industry-University Engagement

Technology entrepreneurship is a concept that describes technology-driven entrepreneurship whereby technology is leveraged upon on to achieve entrepreneurial success. The countries called ASIAN tigers emerged on the platform of technology entrepreneurship. This study attempted the use of case studies to describe University- Industry transformation on society drawing strength from the theory of planned behaviour. It is premised upon the belief that universities can facilitate their partnerships with industry by developing competencies in the area of technology. Renowned world economies revolutionized on the bases of technology entrepreneurship. The current statistics in turn revealed that nine out of top ten firms in the world are technology-based. The study proposes that universities should embark on planned behaviour towards development-driven research in the area of technology. It further recommends that innovation culture should be strategically integrated into the university system for enhanced societal and economic impact

Entrepreneurship and Business Ethics: Implications on Corporate Performance

The purpose of this research is to examine the impact of business ethics on corporate performance. The hypotheses were set using four main objectives. Data were obtained using both primary and secondary sources. The primary data was obtained by using a structured questionnaire design. Whilst relevant published and unpublished literature provided the secondary data. The total number of questionnaires distributed was 286, out of which 260 were returned. Descriptive and inferential statistics were used for the data analysis. The statistical tools used include frequency table, multiple regression analysis, analysis of variance, correlation analysis. The results showed that there was a significant relationship between the ethical practices of organizations and their corporate performance. Moreso, the employees of the sampled organizations concurred that their organization is highly ethical.  Based on these findings, the authors profer the need for clearly defined ethics within corporate organizations as this would guide the employees in their day to day conduct. Keywords: Entrepreneurship; Business Ethics; Employee Behaviour; Entrepreneurial Performance; Nigeria JEL Classification: L2

LEADERSHIP STYLES AND SUSTAINABILITY OF ENTREPRENEURSHIP PRACTICES IN HIGHER INSTITUTIONS IN NIGERIA

Over the last two decades, the terms leadership and leadership styles has become more important and widely used in the world. This research examined the enhancement of leadership styles on sustainability of the entrepreneurial practices in higher institution with reference to Covenant University Ota. Three hundred and two (302) members of covenant University Alumni (2007-2018) were randomly sampled by correspondence via emails through the alumni office. The study employed descriptive and inferential statistics. Regression analysis was used to test the hypothesis to determine the weight of the independent variables on the dependent variables. The result of analysis shows that Autocratic and Transformational style has significant effect on the practice of entrepreneurship and if properly applied would increase the number of entrepreneurs in the country, reduce unemployment as well lead to positive economic growth of the Nation Nigeria

Challenges of Technology-Based Entrepreneurial Firms on Performance Drive in Nigeria

In today’s continuously changing and dynamic business environment, no industry has been left behind by the revolutionary effect of technology. Technology has caused noticeable fundamental changes in the way companies operate and conduct their activities.  This empirical paper was guided by a robust conceptual model that identifies the challenges of technological-based firms that manacle their performance drive. Three typologies of challenges namely, internal, external, and external linkages were examined for their effects on performance. Data was collected from top technology-based firms using factor and multiple regression analyses. We found both similarities and dissimilarities in the outcomes of the study. Specifically, both internal and external challenges are significantly associated with the restraints experienced by technology-based firms performance drive. Theoretical external linkages to contest these challenges and managerial implications of the findings are presented

Technology Entrepreneurship: Pathway to Industry-University Engagement

Technology entrepreneurship is a concept that describes technology-driven entrepreneurship whereby technology is leveraged upon on to achieve entrepreneurial success. The countries called ASIAN tigers emerged on the platform of technology entrepreneurship. This study attempted the use of case studies to describe University- Industry transformation on society drawing strength from the theory of planned behaviour. It is premised upon the belief that universities can facilitate their partnerships with industry by developing competencies in the area of technology. Renowned world economies revolutionized on the bases of technology entrepreneurship. The current statistics in turn revealed that nine out of top ten firms in the world are technology-based. The study proposes that universities should embark on planned behaviour towards development-driven research in the area of technology. It further recommends that innovation culture should be strategically integrated into the university system for enhanced societal and economic impact