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ENTREPRENEURIAL STIMULATION, SUPPORT SYSTEM AND START-UP PERFORMANCE AMONG GRADUATES OF SELECTED FAITH-BASED ENTREPRENEURSHIP PROGRAMMES IN LAGOS STATE, NIGERIA

EZEMA, MARY EJIEHI (2021) ENTREPRENEURIAL STIMULATION, SUPPORT SYSTEM AND START-UP PERFORMANCE AMONG GRADUATES OF SELECTED FAITH-BASED ENTREPRENEURSHIP PROGRAMMES IN LAGOS STATE, NIGERIA. ["eprint_fieldopt_thesis_type_phd" not defined] thesis, COVENANT UNIVERSITY.

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Abstract

Unemployment has been a major economic challenge in Nigeria, and the effect of COVID19 has compounded it. Self-employment is observed to be a potential way of exiting unemployment. Hence, stimulating the entrepreneurial capabilities of people towards successful start-ups holds the key to reducing the high rate of unemployment. This is very important for their financial freedom and global economic sustainability. To support government initiatives in ensuring economic viability and developments of the nation, Faith-Based Organisations have, for some years, flagged off many entrepreneurial programmes geared towards sustainable start-ups. Hence, this study examined the moderating effect of faith-based support system on the relationship between entrepreneurial stimulation and start-ups’ performance among graduates of selected faith-based entrepreneurship programmes in Lagos State, Nigeria. In order to achieve the objectives, six hypotheses were grafted to guide the study. Mixed methods were adopted to gather information from all the graduates of the selected faith-based entrepreneurship programmes who have started their businesses as well as from the organisers/facilitators of the programmes. A total of six hundred and forty-three (643) copies of the survey questionnaire were administered, but six hundred and twenty (620) were retrieved and used. Fifteen (15) organiser/facilitators were engaged in a semi-structured in-depth interview, and the information gathered were used for qualitative analysis. Purposive, stratified, and convenience sampling techniques were adopted for the selection of the participants for both the quantitative and in-depth interviews. The quantitative data were analysed using SPSS 22 (frequencies and percentages) and Smart Partial Least Square for Structural Equation Modelling (SEM) to obtain results, while the qualitative data were subjected to thematic analysis. The findings of the first hypothesis revealed that business idea generation significantly influenced start-up performance but was most predicted in productivity at (β= 0.669, R2=0.448, P=0.000 <0.05). Hypothesis two also revealed that opportunity availability has a significant influence on start-up performance but most explained in new product development at (β= 0.655, R2=0.428, P-value= 0.000 <0.05). Hypothesis three shown that entrepreneurial orientation significantly influenced start-up performance and was must predicted in new product development at (β= 0.649, R2=0.421, P-value =0.000 <0.05). Hypothesis four also shown that necessity-based inducement was significant and most explained in productivity at (β= 0.700, R2=0.490, P<0.05). Hypothesis six, faith-based support systems had a moderating effect on entrepreneurial stimulation and start-up performance at (β= 0.167, P <0.05). The implication of these findings is that the drive for start-up performance and entrepreneurial stimulation is a function of the level of supports provided by FBOs. Thus, it was recommended that resources and time should be invested in business idea generation because it is critical to performance, especially in the area of productivity. In addition, FBOs should not relent in providing supports via entrepreneurship training, mentorship, market support and seed-funding as FBOs’ nascent entrepreneurs are in dire need of such funds to start their businesses.

Item Type: Thesis (["eprint_fieldopt_thesis_type_phd" not defined])
Uncontrolled Keywords: entrepreneurial stimulation, faith-based organisations, performance, start-up, support systems
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HF Commerce
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Hannah Akinwumi
Date Deposited: 05 Oct 2021 13:35
Last Modified: 05 Oct 2021 13:35
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/15375

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