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ENTREPRENEURIAL PASSION AND SUSTAINABLE PERFORMANCE IN SELECTED RESTATURANT BUSINESSES IN LAGOS STATE

Odetola, Ifeoluwa Oluwatosin and ADEGBUYI, O. A. (2021) ENTREPRENEURIAL PASSION AND SUSTAINABLE PERFORMANCE IN SELECTED RESTATURANT BUSINESSES IN LAGOS STATE. Academy of Entrepreneurship Journal, 27 (3). pp. 1-22.

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Abstract

The central aim of this research is to identify the effects of entrepreneurial passion on sustainable performance using selected restaurant business owners as the case study. In so doing, this study assessed the dimensions of entrepreneurial passion which are creativity, commitment, need for achievement, self-efficacy and internal motivation and how it affects the sustainable performance dimensions which are innovative processes, social performance, economic growth, environmental vitality and operational excellence. The findings offer a positive answer to the research questions of the study. Descriptive research design is employed for the study. Regression analysis is used to measure the relationship between the entrepreneurial passion and sustainable performance in selected restaurant businesses in Lagos State. SPSS is adopted for the research in testing the research hypothesis. This study recommends that one way to achieve this is to nurture the individual to perceive, understand and regulate passion. The study also recommends that one way to better prepare individuals’ mindset in the society may be to encourage them to increase their passion for entrepreneurship and opportunities. Efforts can also be made to help them acquire more entrepreneurial mindsets for potential opportunities. This could have implications for labour policies that have traditionally called for more emphasis on entrepreneurship to tackle the economic challenges of work and employment for the youth.

Item Type: Article
Uncontrolled Keywords: Entrepreneurial Passion, Sustainable Performance, Entrepreneurship, Sustainability.
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HF Commerce
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Depositing User: Patricia Nwokealisi
Date Deposited: 04 Apr 2024 13:35
Last Modified: 04 Apr 2024 13:35
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/17880

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